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Article: Full Tilt Lawyer: Criteria for U.S. Player Withdrawals Not Determined

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  1. Dan Dan is offline Administrator

    United States

    Posts: 7,803
    Joined: May 06

    Aug 2nd, 2012 (8/2/2012 11:42pm)

    You can view the page at http://www.pocketfives.com/content.p...Not-Determined
     
  2. Cesporz Cesporz is offline

    Salisbury, MD
    United States

    Posts: 3,989
    Joined: Jan 08

    Aug 3rd, 2012 (8/3/2012 12:05am) in reply to Dan

    If we do not get our money back in full on the grounds that online poker being illegal, I ask this question.If Full Tilt Poker was a ponzi scheme, doesn't that make us as customers victims instead of criminals?
  3. Assassinato Assassinato is offline

    Costa Rica

    Posts: 2,735
    Joined: Sep 06

    Aug 3rd, 2012 (8/3/2012 12:22am) in reply to Cesporz

    The more I think about that recent Forbes article about Full Tilt players maybe not getting all their money, the more I can't get my mind around it.

    So let me get this straight. Preet Bharara negotiated the deal between the DOJ and pokerstars to quote “allow us to quickly get significant compensation into victim players’ hands.” They called us 'victims.'


    Now that Pokerstars cut a check for THREE QUARTERS OF A BILLION DOLLARS for this purpose they say, "oh hey gee thanks, but to tell you the truth the asset forfeiture and money laundering division decides where all of this goes. But hey, we'll tell you what, we'll make a heavy duty recommendation with them, how does that sound?"


    What kind of horseshit is this? Now we have to rally for the money we've been promised all along by Pokerstars, Full Tilt, and the DOJ? You cannot collect taxes from us on past years from online gaming winnings, and then living in a house paid partially by our salaries, go "hey we think this was never legal, maybe we'll take your balance."


    The fact this is even a concern for us is appalling. Make us pay our taxes, sure, but to let us think for a minute...after all we've been through...that we may not get our balances?


    ...I'm speechless. I don't even know what to say.
    Edited By: Assassinato Aug 3rd, 2012 at 12:23 AM
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  4. red_danger red_danger is offline

    Ireland

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    Aug 3rd, 2012 (8/3/2012 12:36am) in reply to Assassinato

    Well said assassinato- the other thing i cant get over is after all the DOJ has said about the fraud and money laundering committed by these companies, that they`re now allowed apply for licences and no admission of guilt?? I don`t think stars did that much wrong but the DOJ has taken a complete u-turn just to get their big pay-day- very deceptive
     1
  5. Lengthwise905 Lengthwise905 is offline

    Geneva, IL
    United States

    Posts: 747
    Joined: Jan 10

    Aug 3rd, 2012 (8/3/2012 1:33am) in reply to red_danger

     
    Originally Posted by red_danger View Post

    Well said assassinato- the other thing i cant get over is after all the DOJ has said about the fraud and money laundering committed by these companies, that they`re now allowed apply for licences and no admission of guilt?? I don`t think stars did that much wrong but the DOJ has taken a complete u-turn just to get their big pay-day- very deceptive

    THe DOJ is so shady! Land base casino gambling 100% fine while online gambling is the worst thing ever? I thought the only reason online poker was illegal to begin with was because USA was getting its fair share of the profits and 100% of the tax money. How is the act of winning at poker online been a real crime?

    and then they will legalize online gambling and then it is ok????

    Doesn't make any sense to me!
  6. DeaconMike DeaconMike is offline

    Rockaway Beach, MO
    United States

    Posts: 456
    Joined: Nov 06

    Aug 3rd, 2012 (8/3/2012 4:30am) in reply to Lengthwise905

    Let's see, first we get screwed by FTP and now we might get hosed by the DOJ. Wouldn't surprise me. As usual, the criminals have more leverage than the "victims".
  7. realpokerpro realpokerpro is offline

    Posts: 76
    Joined: Jun 11

    Aug 3rd, 2012 (8/3/2012 9:44pm) in reply to DeaconMike

    For all the USA poker players to write into the DOJ one at a time seems kind of pointless. Of course if you are owed anything, you want your money back. Why don't they just send us all a check and stop the BS.
  8. Chipcollecta21 Chipcollecta21 is offline

    Bloomington, MN
    United States

    Posts: 78
    Joined: Jan 12

    Aug 4th, 2012 (8/4/2012 5:45am) in reply to realpokerpro

    I agree with all of you guys and had a small amount of money on ft and really not much at stake here, and for the greater good of the poker community I wish the true grinders with huge accounts get paid, but it was my understanding that if the doj deemed it a "ponzi scheme" then basically the money was all fictional money in a sense and it's almost like nothing ever happened and in that regard, the money was never fully there to pay people back, so if everyone couldn't cash out and get their money, essentially it was fake and nothing really ever happened. In full tilts case I'm not sure how it's much different than the Madoff situation. People gave him money thinking it was safe and they would make money, but it was just a big scam. And based on what the dumbfucks at ft did to everyone they ran an illegal business and screwed everyone, but realistically at what point do you say that this person's money was good and profit, but the losing player's money was ok to be lost due to a ponzi scheme? The bottom line is that nobody's money was really every good on that site due to the situation. I'm just presenting the other side to this b.s. debacle. I have no problem losing my small amount of cash, but legally, it gets much more complicated than just paying back people that had balances if they determine nobody's money was really ever legit on that site. Just some food for thought, let the Chipcollecta bashing begin.
    Edited By: Chipcollecta21 Aug 4th, 2012 at 05:50 AM
    Reason: typo
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