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Absolute Poker founder to face charges after Black Friday
Posted by Defrag, February 26
Absolute Poker founder Scott Tom has returned to US shores to resolve his lingering federal charges stemming from the April 15, 2011 Black Friday online poker crackdown.

On Thursday, Reuters reported that Tom (pictured) had appeared in a Manhattan federal court, where he entered a plea of not guilty on charges of illegal gambling and conspiracy to commit money laundering. Tom was released on $500k bail following Thursday’s hearing.

It’s not clear why the 37-year-old Tom chose to return after all these years on the lam, but prosecutors said Tom returned voluntarily to the US from Barbados to face the music.

While Tom pleaded not guilty, his attorney James Henderson told the court that he expected to reach a deal with prosecutors in the near future. Henderson said “there’s going to be a resolution in this case quickly” because Tom “just wants to get this behind him.”

Tom was one of two Absolute Poker execs among the 11 individuals indicted on Black Friday. The other, payments director Brent Beckley, was sentenced to 14 months in July 2012 after pleading guilty to bank fraud and wire fraud. Just this week, Beckley was rumored to have rejoined the online gambling industry with Panama-based online sportsbook BetOnline.

Absolute Poker collapsed soon after Black Friday, which exposed th...

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Featured Poker Blogs
You need some poker motivation? This should do.
Written by: Defrag, October 05
Games are getting tougher, winrates lower, rakeback and vip systems are going down, basically poker got harder to beat. However, there are still players that completely crush the games and make insane money.

Yeah, now he's gonna say "all you need is motivation and a strong will to learn and develop your skills". Sounds like bullshit right?

Check this archived post from 2007 from 2+2 forum, and then take the guess who is it from:
    "Ive made some posts here before, and ive met several of the members over aim conversations and the like. However, i am starting to feel like I am stuck in a hopeless situation. Every time i begin to do well, i have a huge roller coaster ride and end up broke again, ending up having to reload. Again I am down to my last 30$, and I just dont even know what to say. Its not like im out of money, but if i cant get my bankroll going, and i continue to be a marginal losing player, whats the point...

    read entire blog(16 comments)

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