Detailed text transcripts for TV channel - FOXNEWS - 20120703:19:42:00
The feds arrested the c.e.o. of the online poker site full tilt poker on accusations he was part of a $4,230,000,000 ponzi scheme. the f.b.i. reports full tilt owed players $300 million. only had around $60 million in company accounts. officials accused the c.e.o. of funneling players' winnings to board members and owners. the c.e.o. says he's been working hard to ensure everyone gets paid. he faces up to 145 years in prison if convicted of all charges. let's get back to the legal panel. rand. >> randy, you don't think it's a ponzi scheme but when you pay the board members $430 million and owe...