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Full Tilt Poker’s Ray Bitar Released on Bail

According to a story with Forbes.com, Bitar will return to his home in Glendora for the first time in over a year where he will be monitored electronically.

Bitar’s bail terms had him post a $2.5 million personal recognizance bond and add a warehouse he owns to the cash and property he was pledging.

The Full Tilt CEO returned to the U.S. last week and was promptly arrested. The charges against Bitar include allegations he defrauded Full Tilt customers. He had been in Ireland since Black Friday occurred in the spring of...

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Published By: Poker Listings - Wednesday, 11 July, 2012