Monday, June 8, 2009

Online Poker Room faces Fraud Charges

The development of an online poker room was the root cause of the charges leveled against a Texas father and son recently, as they face security fraud charges from the Texas State Securities Board. Martin Graham Tyson Sr. and his son, Martin were indicted by a Hidalgo County grand jury for misleading the backers of their online poker business. The claims include that the men to notify investors of an ongoing civil fraud suit against the company. Investors lost around $300,000 in the venture, according to the indictment filed in the case.

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