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PokerTrillion Freezes Boss Media Bank Accounts, In 45M Euro LawsuitMon, Apr 14th, 2008 @ 12:00am Online poker site PokerTrillion announced today that they achieved a garnishee order (also known as a freezing order) last Friday on the bank accounts of Boss Holdings Limited and Boss Media Malta Poker Ltd related to a 45 million Euros initial lawsuit for alleged fraudulent and potentially criminal activities by Boss Media personnel and/or management. The garnishee order has been executed at all seven banks in Malta where the Boss Media companies hold bank accounts. In their press release, PokerTrillion.com C.E.O Andy Pyrah comments,"As a small and new entrant to the market we are taking a zero tolerance approach to being mistreated by Boss Media." The freezing order has been made in conjunction and relating to a 45 million Euros initial law suit being taken by PokerTrillion against Boss Media and their online payment processer Webdollar for alleged fraudulent, and potential criminal activities by various personnel, and/or management of Boss Media or their associated companies in various jurisdictions, including but not restricted to, Sweden and Malta. Pyrah explains, "Owing to the massive irregularities surrounding Boss Media and their handling of PokerTrillion.com, this led to a number of contractual issues that in turn has led to us making some extremely exciting and important developments in the way in which we operate our business." The firm's statement comments that "it is to be expected that if Boss Media follow the proper code of conduct then they will shortly make a full and complete disclosure to the Stockholm Stock Exchange which they are listed on, this invariably will have a catastrophic effect on their share price, and may even lead to the arrest by the authorities of certain members of their management team and the possible suspension of their shares." This in turn would mean that players not in the POKERTRILLION.com stable would find their funds that are held by other partners of Boss Media in serious jeopardy. Andy Pyrah adds, "One thing is for sure, all players who hold an account with POKERTRILLION.com have an unconditional and unlimited guarantee on all funds they hold at POKERTRILLION.com." Further information will be released as and when the courts give permission for POKERTRILLION.com to discuss such developments.
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Local Businessman Bags European Poker Tour Vilamoura Bling The European Poker Tour rolled into the Casino Vilamoura last week, instantly generating the richest poker prize pool in the nation of Portugal's history.
Keikoan Captures Harvey's Lake Tahoe WSOPC Championship This week marked the finale of the biggest annual tournament series in Northern Nevada, the WSOP Circuit championship at Harvey's Lake Tahoe. While the Main Event saw only a modest turnout, it did boast of a tough final table, and a WSOP bracelet owner as the eventual champion.
WSOP Main Event Champ Joe Cada to Appear on Letterman The poker world will receive some late night attention tonight as "The Kid" Joe Cada, the youngest champion in the four decade history of the World Series of Poker Main Event, takes a seat next to embattled talk show host David Letterman.
First Korean Champ of Asia Pacific Poker Tour Crowned in Cebu Another stop on the Asia Pacific Poker Tour is in the books, this time it's the APPT Cebu in the Philippines, and for the very first time a Korean player has come out on top.
Pollack Done as Commish of World Series of Poker Just three days after crowning Joe Cada as the 2009 Main Event champion, officially closing the special 40th anniversary run of the World Series of Poker, Jeffrey Pollack has resigned his post as Commissioner of the WSOP.
Durrrr Signs as Team Full Tilt's Youngest Member Tom "durrrr" Dwan is the newest member of Team Full Tilt, the online site's highest level of affiliation. At 23, Dwan is the youngest of the now 14-person team. The high stakes cash phenomenon was nominated for induction this year into the Poker Hall of Fame until the Hall of Fame Governing Council decided he was too young to meet the "has stood the test of time" qualification.
Joe Cada Becomes Youngest World Series of Poker Main Event Champ History was made early Tuesday morning in Las Vegas as 21-year-old Joe Cada outlasted Darvin Moon in heads-up play to claim the 2009 World Series of Poker Main Event bracelet and more than $8.5 million.
Moon and Cada Heads-Up, Ivey 7th at WSOP Main Event Final Table After a marathon session at the most esteemed table in the poker world, a 21-year-old and a logger are set to go one-on-one for the World Series of Poker Main Event bracelet.
PokerStars Launches New UK and Ireland Poker Tour PokerStars.com has announced the start of a new poker tour with stops throughout the United Kingdom and Ireland. The UK and Ireland Poker Tour (UKIPT) will kick off in Galway, Ireland in mid-December, and the first event in the UK will be held in Manchester in February.
Peerless Media Agrees to Purchase World Poker Tour Enterprises According to a Monday press release, WPT Enterprises Inc., mothership of the World Poker Tour, is now the rightful property of Peerless Media, Ltd., subsidiary of online giant PartyGaming. |
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