And this info comes from what life experience you have? What career in Govt or banking did you work in to get this great knowledge? Surprised you know how to turn your computer on

The US gov cant touch users money because it is in a bank account in the european union and stars has everything legal here.

 

Originally Posted by MakeMeMaster

The US gov cant touch users money because it is in a bank account in the european union and stars has everything legal here.

what else did they tell you on the phone? seriously.

 

Originally Posted by MakeMeMaster

The US gov cant touch users money because it is in a bank account in the european union and stars has everything legal here.

I tend to feel the same as MMM here. Also my cashout with FTP yesterday seems to be working, won't know for a couple of days to see the money in the account though.

 

Originally Posted by dscroggs4

that's not accurate at all. If the charges hold and the parties indicted are found guilty in court that money can and likely will be confiscated. Not to mention the chance that the US gov't wins without a settlement and gets a 3 billion dollars they are seeking. There is no FDIC that protects us from these sites going belly up or being convicted of money laundering and fraud.... if that happens you can be almost certain money in us customers accounts will be siezed by the gov't. We trust these sites with our money on a good faith basis, and nothing more.... tbh Those accts u speak of belong to pokerstars/ftp not us....and if the gov't seizes their $$$ there is nothing stopping them from seizing that as well...

The government of the countries where the money is sitting would have to agree to this. This is unlikely to happen in my opinion.

WHEN CAUSE I JUST DID FOR 2K ABOUT 2 WEKS AGO RECIEVED MY SINGAPORE CHECK AN IT FIN BOUNCED AN ITS NOT BAACK IN MY ACCOUNT

 

Originally Posted by CupcakeTrev

I don't know about pokerstars, but I made a withdrawal from Full Tilt yesterday, and the funds were in my Neteller account instantly. I see no reason to panic as there should be no reason Stars and Tilt cannot continue providing service to players outside the US.

+1 on FTP, approved a withdrawal request.

 

Originally Posted by donkthorne04

nice read OP, people from around the world have been reporting getting their money from stars and stars is calling high volume regs from the states to let them know that their money is fine and offering to help them relocate

wha?

 

Originally Posted by ecantlin

All i know is that I deposited two poker stars checks into my bank on 4.4.11 they cleared and were available for two weeks.... Yesterday ALL of the money was taken back out by them..... My bank said there are normally details noted . There are none here.

fml

This is what I have heard from two friends also. I withdrew from PS yesterday. Says check is on the way. Doubt it will be good, or that depositing is even a good idea at this point.

FTP would not let me cash out, and now I can not log in. They still claim they have sent 2 Withdrawals from FEB 12th and 19th for almost 2k. They have not responded to any emails regarding these cash outs since March 28th.

I have a feeling the initial stance is sure your money is fine, we will send checks, and the DOJ will happily take the money as they have been for some time now. I am in the boat that at least in Full Tilt land you can write off your funds and save some worries. Nothing they have been doing was to help us as players, that is not going to change now imo.

This thread is just pure speculative bullshit and should be closed.

 

Originally Posted by supra1988t

This thread is just pure speculative bullshit and should be closed.

Won't be closed even though people residing outside the US have already cashed out from sites without problems.

 

Originally Posted by supra1988t

Just frustrating when people are spreading bogus rumors that only hurt the community.

True, but anything can happen a month from now to everyone. If I was a gambling man ;) I would not bet even at 20-1 though there will be problems with residents in Poker friendly countries from having long-term cashing problems. However, if you told me 2 weeks ago that US players would be locked out with NO notice from FTP/stars/Cereus, I would have laughed at that as well.

 

Originally Posted by slizza420

If an American player relocates will their $$$ still be frozen since it was won while playing in the US?

I would believe not (as in my opinion, no facts), as the problem wasn't with winning and losing, it was with depositing and withdrawing. stars is offering high profile players relocation packages, so would find it hard to believe that you wouldn't instantly have access to your funds if you moved and had proof of residency.

these things about cleared money in people's bank accounts being taken out is truly scary....ive had several thousand dollars of cashouts go through right before all this shit went down, in fact i had one go into my bank account in the wee hours of thursday night/black friday morning. i'm seriously considering taking all the money out of my account and closing it. i just can't afford to lose money ive already made, esp since my income stream seems to have stopped. thoughts?

and ftr that f*(*ing smiley face in the title of this thread tilts the shit out of me.

 

Originally Posted by wackyJaxon

Not a bad idea. Although if you wind up with an overdraft on a closed account you might then have future problems with opening accounts at a later point in your life.

You should take the money imo. If it does end up happening like Wacky says, put it off for a year and they will sell the debt to someone that will let you pay it off with at least 30% discount.

As far as opening a new bank account. It wont be a problem at all, most banks will set you up an account just like they would anyone else. Any bank that wouldnt, would be more than happy to give you a "second chance" account, which would basically just a few restrictions that a normal account wouldnt have i.e. withdrawl limts, spending limits etc. Keep it in good standing for 6 months and you will be right back to a normal account with said bank