I ran across this article at CardPlayer.com and found it highly disturbing. Though we don't often quote entire articles, I do believe this one warrants it: Department of Justice Wants Information about Poker Site's IPOs
The United States Department of Justice has expanded its war against online gambling across the Atlantic Ocean to the marbled floors of some of the world's largest financial institutions that have offices in Britain.
The Times of London reported Sunday that subpoenas have been issued against at least 16 banks to hand over information concerning their dealings with several online poker sites. It seems the DoJ is targeting online sites that trade their stock publicly on the London Stock Exchange. Online poker companies that floated on the LSE include PartyGaming, 888 Holdings, and Empire Online.
The subpoenas were issued by the Southern District Court of New York, which is the same district that's bringing a case of money laundering against two former NETELLER founders.
According to the London Times, the subpoenas were issued only days after President Bush signed the Unlawful Internet Gambling Enforcement Act into law in October, and were recently reissued.
A representative of the court would only say he could neither confirm or deny the reports.
A few of the banks targeted are HSBC, Dresdner Kleinwort, Credit Suisse and Deutsche Bank. The subpoenas asked for communication documents such as emails and telephone records concerning the online poker sites.
The original article can be found via the link below.
Source: CardPlayer.com
1. What does DoJ have against online gambling? Black money which they want to take? But this banks are in London! Our DoJ can take you from the other end of the Earth
Posted at 6:36PM on Jan 23rd 2007 by Michael