The Lederer Files: Outstanding Member Loans, Groupe Bernard Tapie Complications
Since April 15, 2011, the poker world has waited anxiously to hear from Howard Lederer about the downfall of Full Tilt Poker. That wait is officially over.
In Part 6 of this exclusive interview series with PokerNews.com, Lederer reveals some shocking information about the outstanding loans of some of the owners of Full Tilt Poker. Lederer discloses a mistake made by the company's finance department in which Erick Lindgren received a double-credited $2 million loan. When asked to return the extra $2 million to the company, Lindgren became unreachable. Lederer says the company never received that money.
Lederer also discusses the effect of the DOJ's Amended Complaint on Full Tilt Poker, the complications of the Groupe Bernard Tapie deal, and the emergence of PokerStars as a potential buyer.
Here is Part 6 of The Lederer Files:
Disclaimer: The thoughts and opinions expressed in this interview are those of the interviewee and do not necessarily reflect those of PokerNews.
In this Series
- 1 The Lederer Files: An Introduction
- 2 The Lederer Files: The Beginning of Full Tilt Poker
- 3 The Lederer Files: The UIGEA, Segregated Accounts, and Retirement
- 4 The Lederer Files: The Backlog and Black Friday
- 5 The Lederer Files: Black Friday Aftermath, the Search for a Solution
- 6 The Lederer Files: The Phil Ivey Lawsuit, Transition 2.0
- 7 The Lederer Files: Outstanding Member Loans, Groupe Bernard Tapie Complications
- 8 The Lederer Files: PokerStars Saves the Day, Apology to Full Tilt Poker's Customers
- 9 The Lederer Files: The Process and Opinions
- 10 Recapping The Lederer Files — Part 1
- 11 Recapping the Lederer Files — Part 2