Payment Firm Seeks Return Of Seized Online Poker Funds

July 13, 2009

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Payment processor Account Services Corporation has filed a motion in federal court for the return of about $14 million seized by the government and owed to online poker players.

The move comes from actions taken in

In the motion Account Services also says it is liable for checks that were cashed at check cashing businesses and later bounced due to the governments seizure of funds.

"ASC (the company) is now exposed to demands and threats of civil suits from check cashing businesses that cashed individual players' checks which subsequently bounced," documents say. "ASC's ability to function as a business has been severely impaired . . . ASC will likely have to close its doors if the money is not returned and the bank accounts are unavailable for operation of business."

Advocacy group the