Former Full Tilt payment processing director Nelson Burtnick was arrested this week upon arriving from his home in Dublin, Ireland, Full Tilt’s former center of operations. This comes about a month after former Full Tilt CEO Ray Bitar surrendered himself to U.S. authorities.
Burtnick appeared in court on Tuesday where he pleaded not guilty to all charges of money laundering and fraud but was released on a $500,000 bail bond and also had to surrender his travel documents as a condition to his bail.
With Burtnick arrested, only three of the eleven men from the original Black Friday indictments are still at large. These include Isai Scheinberg and Paul Tate of PokerStars and Scott Tom of Absolute Poker. PokerStars have, since the Black Friday indictments, made certain that players were returned all of their funds and this past week have essentially bailed out Full Tilt Poker by agreeing to buy the company and pay all players who were owed funds by Full Tilt in addition to providing a financial settlement to the U.S. Department of Justice.
Those arrested include Brent Beckley, Ray Bitar, Nelson Burtnick, John Campos, Chad Elie, Bradley Franzen, Ryan Lang, and Ira Rubin. All men have pleaded guilty are serving prison time or are awaiting to be sentenced except for Bitar and Burtnick who have pleaded not guilty.
According to a press release issued by U.S. Attorney Preet Bharara, the charges against the three remaining defendants “are allegations and they are presumed innocent unless and until proven guilty.”