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Black Friday Prosecutor a Possible U.S. Attorney General Candidate

U.S. Attorney General Eric Holder announced his resignation a few days ago, leading to speculation as to who President Barack Obama might name to take over the reins as top dog at the U.S. Department of Justice.

Preet Bharara, currently serving as the U.S. Attorney for the Southern District of New York, is among a list of candidates that White House officials have said may be considered for the position, Reuters reported. Bharara, as many will recall, led the charge on Black Friday when the DoJ took aim at the industry’s top poker sites by seizing their domains and forcing a shutdown in the U.S.

Five months later, Bharara’s name was again splashed across poker and mainstream media outlets when he referred to Full Tilt as a massive “Ponzi scheme.” Here is what Bharara said in a statement three years ago:

:Full Tilt was not a legitimate poker company, but a global Ponzi scheme. Full Tilt insiders lined their own pockets with funds picked from the pockets of their most loyal customers while blithely lying to both players and the public alike about the safety and security of the money deposited.”;

 

 

 

 

 

 

 

Played part in history of U.S. online poker

As lead prosecutor in the Black Friday indictments, Bharara can certainly be seen as having a role in the direction that online poker in the U.S. is headed today. That direction is regulation on a state-by-state basis, with three states on board and more likely to follow suit.

In 2012, Bharara made Time Magazine’s list of the Top 100 Most Influential People in the World. That list included the likes of Hillary Clinton, Tim Tebow, Benjamin Netanyahu, Warren Buffett, and Rihanna.

Bharara was born in India, but grew up in New Jersey. A graduate of Harvard College and Columbia Law School, the 46-year-old was nominated by President Obama in 2009 for his current U.S. Attorney position. The U.S. Senate unanimously confirmed the nomination.

Holder will not step down from his U.S. Attorney General duties until a successor is named. That process could take several months.

 

 

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Charles Rettmuller

Charles has been an avid poker player for a number of years, both live and online. He holds a degree in journalism and previously worked as a reporter for a Chicago-based newspaper. Charles joined the PokerUpdate team in early 2012 and writes daily news articles for the site.

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