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Chris Ferguson and FTP, new news regarding FTP

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  1. MarkFSU1 MarkFSU1 is offline

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    Jan 26th, 2012 (1/26/2012 3:18am)

    havent seen it posted here on p5 so heres the link...

    http://www.subjectpoker.com/2012/01/...bank-accounts/
    Edited By: MarkFSU1 Jan 26th, 2012 at 03:18 AM
     
  2. mcandrews3rd mcandrews3rd is offline

    United Kingdom

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    Jan 26th, 2012 (1/26/2012 3:37am) in reply to MarkFSU1

    considering how much $$$ he was seemingly taking for himself from ftp he really needs to explain why he was always such a nit at the tables

    when you'v got $25 mill in you personal bank account what is 200k on a poker table

    this article if true shows what a pos he really is
    183 1
  3. scissrmetmbr scissrmetmbr is offline

    Eden Prairie, MN
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    Jan 26th, 2012 (1/26/2012 3:46am) in reply to mcandrews3rd

     
    Originally Posted by mcandrews3rd View Post

    considering how much $$$ he was seemingly taking for himself from ftp he really needs to explain why he was always such a nit at the tables

    when you'v got $25 mill in you personal bank account what is 200k on a poker table

    this article if true shows what a pos he really is

    couldn't have said it any better.
  4. adamsapple19 adamsapple19 is offline

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    Jan 26th, 2012 (1/26/2012 4:19am) in reply to scissrmetmbr

    Greed tilts me...
     
  5. agilles agilles is offline

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    Jan 26th, 2012 (1/26/2012 4:37am) in reply to adamsapple19

    Thinking the exact same. This greedy scumbag wants more money... send him to prison. What a POS.
  6. McBain74 McBain74 is offline

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    Jan 26th, 2012 (1/26/2012 1:26pm) in reply to agilles

    Jesus!!!
     
  7. wackyJaxon wackyJaxon is offline Admin X

    Vilnius
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    Jan 26th, 2012 (1/26/2012 1:42pm) in reply to MarkFSU1

    I am assuming that Chris new about the issue of FTP floating funds they were not collecting from US players both taking advantage of the system of e-checks not being withdrawn from customer's bank accounts as well as innocent players that just wanted to play and would have gladly had the money removed. Assuming that is the case, Chris Ferguson looks alot worse in my eyes than Howard Lederer going after more money and holding up and perhaps threatening the deal with the GBT.
      1 
  8. Scrantos Scrantos is offline

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    Jan 26th, 2012 (1/26/2012 2:15pm) in reply to wackyJaxon

    I wonder if any of these clowns ever plan on facing the public again, like people are just going to forget. Man Ferguson, think how many decks of throwing cards you can buy now.
  9. donkiman donkiman is offline

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    Jan 26th, 2012 (1/26/2012 3:10pm) in reply to Scrantos

    Depressing article. These people don't seem to acknowledge the fact that until player balances are met, profit is nonexistent. What a fucking scumbag.

    I found this to be interesting....
    "The approximately $35-$45 million that was seized on Black Friday is currently expected to be released to GBT to help repay non-US players."

    So if there was only $45 million seized on Black Friday and all of that is being given to GBT to pay non-US players, how exactly are US players supposedly getting paid?
     
  10. kevmode kevmode is offline

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    Jan 26th, 2012 (1/26/2012 3:17pm) in reply to donkiman

    This article makes Ferugson look pretty bad and greedy imo. I think I agree with Wackys comments on this one.
     
  11. gimp0 gimp0 is offline

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    Jan 26th, 2012 (1/26/2012 5:28pm) in reply to mcandrews3rd

     
    Originally Posted by mcandrews3rd View Post

    considering how much $$$ he was seemingly taking for himself from ftp he really needs to explain why he was always such a nit at the tables

    when you'v got $25 mill in you personal bank account what is 200k on a poker table

    this article if true shows what a pos he really is

    this indeed. ferguson pathetic greedy pig. scumbag
  12. Dan Dan is online now Administrator

    Posts: 5,239
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    Jan 26th, 2012 (1/26/2012 6:45pm) in reply to MarkFSU1

     
    Originally Posted by MarkFSU1 View Post

    havent seen it posted here on p5 so heres the link...

    http://www.subjectpoker.com/2012/01/...bank-accounts/

    Thanks for posting this, Mark. Here's our PocketFives feature article about it:
    http://www.pocketfives.com/articles/...e-Deal-587117/
     
  13. mcandrews3rd mcandrews3rd is offline

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    Jan 26th, 2012 (1/26/2012 7:05pm) in reply to donkiman

     
    Originally Posted by donkiman View Post

    Depressing article. These people don't seem to acknowledge the fact that until player balances are met, profit is nonexistent. What a fucking scumbag.

    I found this to be interesting....
    "The approximately $35-$45 million that was seized on Black Friday is currently expected to be released to GBT to help repay non-US players."

    So if there was only $45 million seized on Black Friday and all of that is being given to GBT to pay non-US players, how exactly are US players supposedly getting paid?

    I think that figure is only related to money connected with Ferguson's dodgy dealings, not the overall amount seized. At least that's how I read it
    183 1
  14. ApesAreFun ApesAreFun is offline Moderator/Euro Donk

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    Jan 26th, 2012 (1/26/2012 10:12pm) in reply to mcandrews3rd

    Fuck you Jesus.
     906 
  15. odi420 odi420 is offline

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    Jan 26th, 2012 (1/26/2012 10:24pm) in reply to ApesAreFun

    lol, i bet kevmode still thinks he's getting paid back....
  16. lunarphase lunarphase is offline

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    Jan 27th, 2012 (1/27/2012 12:22am) in reply to odi420

    a bit extreme to think we'll never get paid but I wouldn't be surprised if it took another year at this point.
     
  17. boneralert boneralert is offline

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    Jan 27th, 2012 (1/27/2012 1:01am) in reply to lunarphase

    Clearly this is kind of shitty on his part, but let's not crucify the guy.
  18. scottypimpin1 scottypimpin1 is offline

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    Jan 27th, 2012 (1/27/2012 1:14am) in reply to boneralert

    Why would he bother with this is at this time if the DOJ will just confiscate it immediately anyways?
  19. lunarphase lunarphase is offline

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    Jan 27th, 2012 (1/27/2012 1:59am) in reply to scottypimpin1

    http://www.pokerplayernewspaper.com/...pay-dirt-11874

    This is all rather confusing this article makes it seem like a deal should be imminent.
     
  20. kevmode kevmode is offline

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    Jan 27th, 2012 (1/27/2012 2:48am) in reply to odi420

     
    Originally Posted by odi420 View Post

    lol, i bet kevmode still thinks he's getting paid back....

    I do think I am getting paid back... Do you even play poker or do you just troll? This article doesn't change my thoughts on FTP relaunching and players getting paid.
     
  21. Mavericci Mavericci is offline

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    Jan 27th, 2012 (1/27/2012 1:08pm) in reply to mcandrews3rd

     
    Originally Posted by mcandrews3rd View Post

    considering how much $$$ he was seemingly taking for himself from ftp he really needs to explain why he was always such a nit at the tables

    when you'v got $25 mill in you personal bank account what is 200k on a poker table

    this article if true shows what a pos he really is

    +1
    399 
  22. Dan2330 Dan2330 is offline

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    Jan 28th, 2012 (1/28/2012 5:08am) in reply to Mavericci

    How could the DOJ miss this amount of cash that Fergy had stashed away- there simply had to be a money trail for this and the DOJ instead of flexing their muscles around and shutting down sites should have done the proper investigation into this and ceased all of this ass clowns account- take his property in Hawaii I say...

    Always hated Fergy and that stupid fuking hat, he is about the farthest thing from a Cowboy i know...
  23. ApesAreFun ApesAreFun is offline Moderator/Euro Donk

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    Jan 31st, 2012 (1/31/2012 8:19pm) in reply to Dan2330

    http://www.pokernews.com/news/2012/0...ment-11919.htm
     906 
  24. tedSTRETCH tedSTRETCH is offline

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    Feb 1st, 2012 (2/1/2012 4:44am) in reply to ApesAreFun

    http://www.pokernews.com/news/2012/0...ment-11919.htm
    Edited By: tedSTRETCH Feb 1st, 2012 at 04:45 AM
    Reason: im a tard
    553 
  25. ACgaming ACgaming is offline

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    Feb 1st, 2012 (2/1/2012 8:59am) in reply to tedSTRETCH

    LOL I remember the press release that they were gonna have FTP running by January..

    Good one.
    587 
  26. IBGrindin IBGrindin is offline

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    Feb 2nd, 2012 (2/2/2012 6:37pm) in reply to ACgaming

    more bad news:

    http://www.pokerstrategy.com/news/wo...al-Pros_56256/
     
  27. wackyJaxon wackyJaxon is offline Admin X

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    Feb 2nd, 2012 (2/2/2012 6:53pm) in reply to IBGrindin

     
    Originally Posted by IBGrindin View Post

    more bad news:

    http://www.pokerstrategy.com/news/wo...al-Pros_56256/

    Didn't think Barry Greenstein played on FTP.

     

    "GBT doesn't want to acquire assets which will need to be litigated over later. In total, the sum owed to the company is between $10 and $20 million. Several of the players who owe money and have not yet expressed a willingness to pay their debts include Phil Ivey, Layne Flack, David Benyamine, and Erick Lindgren. Barry Greenstein, Mike Matusow, and others owe a smaller but still significant amount.

    If the money doesn't come in, it creates a serious obstacle to completion of the deal. This isn't the only issue with the takeover, and the deal won't end on any one issue - but this is a substantial item."

    Edited By: wackyJaxon Feb 2nd, 2012 at 06:53 PM
      1 
  28. MarkFSU1 MarkFSU1 is offline

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    Feb 2nd, 2012 (2/2/2012 6:54pm) in reply to IBGrindin

     
    Originally Posted by IBGrindin View Post

    more bad news:

    http://www.pokerstrategy.com/news/wo...al-Pros_56256/


    this might deserve its own thread, but sigh, everytime it seems like good news comes out and its looking good we might get paid, info comes out about the ftp pros just being complete scumbags and it possibly holding up the deal.
     
    Thread Starter
  29. scottypimpin1 scottypimpin1 is offline

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    Feb 2nd, 2012 (2/2/2012 6:55pm) in reply to MarkFSU1

    What does everyone think the chances/odds are we get our Full Tilt funds before the WSOP kicks off this year?
  30. McBain74 McBain74 is offline

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    Feb 2nd, 2012 (2/2/2012 8:12pm) in reply to scottypimpin1

    sigh!
     
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