Ray Bitar Net Worth is$40 Million
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Ray Bitar is the CEO of Tiltware and one of the original founders of the online poker gambling site, Full Tilt Poker. He founded Full Tilt Poker with Chris Ferguson and Howard Lederer, who are both famous American poker players. Ray was formally a equities trader in Los Angeles, where Chris Ferguson was one of his clients. They became friends and Ferguson introduced him to Howard Lederer and several other partners to launch their Full Tilt Poker project. He became the CEO of Tiltware and Full Tilt Poker and continued to run the company out of Ireland. Currently Ray Bitar, Tiltware, Full Tilt Poker and his associates are embroiled in legal battles with federal prosecutors from the Untied States over money laundering charges and accusations of operating a ponzi scheme.

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Ray Bitar Latest News

Retired Arnold teacher earns doctorate 51 years after high school graduation

Her dissertation is dedicated to her nine grandchildren. "We're real proud of her," said husband Ray Bitar Sr., 70, "When she does something, she does it right. She didn't miss a beat at home. She helped take care of the family, all while getting straight A's.
Posted: June 10, 2010, 5:00 pm

Full Tilt Poker CEO Ray Bitar Denies Online Casino was Multimillion Dollar Ponzi Scheme

The founder and CEO of Full Tilt Poker has handed himself in to US authorities and pleaded not guilty to accusations relating to an alleged Ponzi scheme. Ray Bitar, 40, was arrested at John F Kennedy airport in New York. He had been living in Ireland since ...
Posted: July 3, 2012, 3:14 am

Ringleader of online gaming site-turned Ponzi scheme 'strikes a deal with authorities because he is awaiting a heart transplant'

The details surrounding the time that gambler Ray Bitar has to spend behind bars remain undisclosed, but his lawyer confirmed that they had come to an agreement with the criminal prosecution pursuing the case. Bitar was one of the so-called 'founding ...
Posted: April 9, 2013, 4:14 pm
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