A French court has ordered the seizure of assets belonging to Bernard Tapie, the man behind the ISPT poker tour and the group who looked poised to takeover FullTilt Poker.
Tapie and 3 others have been accused of “conspiracy to defraud” the French state – with senior members of the French Goverment including ex prime minoister Sarkozy having supposedly fixed an indepedent €405 million arbitration in his favour.
According to newspapers, the seizure of property was a standard protocol measure to prevent Tapie from selling the assets during the investigation.
Tapie is well known in the poker world as the creator of the ISPT which took place in June at London’s Wembley Stadium. Additionally, his company allegedly came extremely close to completing the acquisition of Full Tilt Poker, only for the deal to seemingly fall after at the last second.
Tapie denies any wrongdoing.