NY Attorney General bans Instant eChecks transactions

As hundreds of complaints were made about a payment processing service called Instant eChecks that targets online gambling players the Attorney General’s Office in New York State has stepped in to address the issues related to this particular payment service. The office forced the closedown of the payment processor and it is also rumored to have seized money from both PokerStars and Full Tilt Poker where Instant eChecks was accepted.

Some observers think that the case be federal rather than a state investigation. The United States Attorney’s Office for the Southern District of New York is notorious for its aggression when dealing with gambling operators.

Gamblers are recommended not to cash any check received from any of these poker rooms: Full Tilt Poker, PokerStars, Absolute Poker and Ultimate Bet have, until a solution has been found as banks can even remove banking privileges to anyone trying to cash these checks.