Online Poker Players Lose Thousands to Thieves! #Shorts

Online poker players across America had tens of thousands of dollars stolen from their banks when thieves found a vulnerability in a payment processor, Global Payments Gaming Solutions! If you play online you might want to check your accounts! Players were victimized at the WSOP, BetMGM, and other poker operators.

Fraudsters Steal from Online Poker Players
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Multiple online poker players have reported that they’ve had thousands of dollars swiped from their bank accounts by fraudsters who created online gambling accounts under their names. Players brought forth on Twitter some allegations of online gambling fraud. They both said playmers stole $10,000 from them by gaining access to their bank account information and creating internet casino accounts under their names. Online poker players explained the theft is done through vulnerable security procedures from Global Payments Gaming Solutions, a payment processor used for e-Check payments on BetMGM, WSOP.com and hundreds of other online gambling sites. Global Payments offers a VIP Preferred service to online casinos, which permits players who gamble frequently to store multiple checking accounts in one place and deposit up to $50,000 within a seven-day period into their online casino account. It’s a convenient service for high rollers and regular gamblers, but it apparently has some costly drawbacks.

Global Payments serves as a third-party payment processor for many online casinos and is responsible for verifying the identity of customers. When doing so, they require customers to provide some personal information such as name, address, and social security number. It’s a necessary step in ensuring the gambler’s name attached to the online casino account is actually that individual. But these unidentified playmers have apparently found a way to manipulate that system to their advantage. Global Payments processes payments and verifies identity for numerous online casinos and poker sites. If a customer had already verified their identity through Global Payments when depositing via e-Check on, say, BetMGM, they won’t have to go through the verification process when signing up months later on another site such as WSOP.com.

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