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PokerStars CEO agrees to forfeit $50m to the United States

12th June 2013 3:25 pm GMT

PokerStars chief executive Mark Scheinberg has agreed to forfeit the sum of $50m to the United States in a final settlement with the Department of Justice for his role as a major shareholder in the company.

The settlement has no bearing on the ongoing case against PokerStars founder Isai Scheinberg or the company’s agreed settlement with the US Department of Justice.

This sum represents the alleged distributions made to Scheinberg by [...]

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