Full Tilt Poker exec arrested and released on $500,000 bail

Wednesday August 1,2012 : BURTNICK SURRENDER CONFIRMED (Update)
 
Full Tilt Poker exec arrested and released on $500,000 bail
 
Rumours Tuesday that Full Tilt Poker payment processing exec Nelson Burtnick had flown to New York to surrender himself as a Black Friday defendant have been confirmed.
 
According to a US Justice Department statement, Burtnick was arrested on his arrival from Dublin at Newark airport and taken into custody on money laundering and bank fraud charges.
 
Late on Tuesday afternoon Burtnick was released on $500,000 bail after surrendering his passport.
 
Further court dates are not yet to hand.