|April 14, 2008 Malta – Trillion Limited (POKERTRILLION.com).|
The online poker site POKERTRILLION.com has announced that on Friday 11th April 2008 they achieved a garnishee order (also known as a freezing order) on the bank accounts of Boss Holdings Limited and Boss Media Malta Poker Ltd. The garnishee order has been executed at all seven banks in Malta where the Boss Media companies hold bank accounts.
POKERTRILLION.com C.E.O Andy Pyrah comments; “As a small and new entrant to the market we are taking a zero tolerance approach to being mistreated by Boss Media”.
The freezing order has been made in conjunction and relating to a €45million initial law suit being taken by POKERTRILLION.com against Boss Media and their online payment processer Webdollar for alleged fraudulent, and potential criminal activities by various personnel, and/or management of Boss Media or their associated companies in various jurisdictions, including but not restricted to, Sweden and Malta.
Pyrah continues to explain, “Owing to the massive irregularities surrounding Boss Media and their handling of POKERTRILLION.com, this led to a number of contractual issues that in turn has led to us making some extremely exciting and important developments in the way in which we operate our business”.
It is to be expected that if Boss Media follow the proper code of conduct then they will shortly make a full and complete disclosure to the Stockholm Stock Exchange which they are listed on, this invariably will have a catastrophic effect on their share price, and may even lead to the arrest by the authorities of certain members of their management team and the possible suspension of their shares. This in turn would mean that players not in the POKERTRILLION.com stable would find their funds that are held by other partners of Boss Media in serious jeopardy.
Andy Pyrah adds, “One thing is for sure, all players who hold an account with POKERTRILLION.com have an unconditional and unlimited guarantee on all funds they hold at POKERTRILLION.com”.
Further information will be released as and when the courts give permission for POKERTRILLION.com to discuss such developments.