No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Cathy Scharf rats our Suntrust Bank on Gambling Funds
Tuesday September 24 ,2013 : WHISTLEBLOWER HELPED SCUTTLE BANK HANDLING GAMBLING TRANSACTIONS (Update)
SunFirst's compliance officer did her duty despite pressure.
The news earlier this week that US federal agencies, the Federal Trade Commission and the Department of Justice, had divvied up seized profits from allegedly illegal gambling financial transaction activities at Utah's SunFirst bank has been followed by an interesting story on how a whistleblower within the company assisted federal authorities.
SunFirst's compliance officer Cathy Scharf made the revelations as a speaker at the Association of Certified Anti-Money Laundering Specialists conference in Las Vegas Monday.
The Associated Press news agency reports that her disclosures concerned some $200 million being illegally processed by SunFirst for US players at major online poker websites like Full Tilt Poker and PokerStars.
Despite her job as compliance officer requiring her to keep the bank on the straight and narrow, Scarf claimed that she was pressured by managers, who told her the bank would fail without the illegal income, and even brought in criminal lawyers to threaten her with arrest if she breached confidence on affairs at the bank.
"Scharf ultimately worked with federal regulators to expose SunFirst Bank's partnership with the [online poker] sites," AP reports. "She said other banks may also be caught up in similar offshore gambling operations."
Scharf realised what was going on at the bank shortly after she was hired in the depths of the economic recession.
She told delegates at the conference that the small Utah bank was making $400,000 a month in transaction fees, violating a 2006 federal law titled the Unlawful Internet Gambling Enforcement Act that makes it a federal crime to knowingly process payments for illegal internet gambling.
With the support of colleagues, she hired a lawyer, started a diary of her difficulties in fulfilling her responsibilities, and began working with federal authorities.
In 2012, the bank's vice chairman went to prison for his role in the scheme.
Others in the industry credit Scharf with spurring a raft of new policies, including increased attention to these kinds of operations by the Federal Deposit Insurance Corporation.
"She stopped potentially hundreds of millions of dollars that were coming through that bank, and she tightened up the industry as a result," Daniel Wager, head of due diligence at TD Bank in New York told AP after Scharf's address.
Gambling News :
Oink Country Love Slot Launches -
Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.