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I got this from www.poker-king.com Absolute Poker Issues Interim Statement

 Earlier tonight, Absolute Poker issued an interim statement dated November 8th, 2007. Here are the main points from the press release:
-Kahnawake Gaming Commission's investigation is on-going
-all players known to have been adversely impacted by the cheating have been reimbursed with interest
-Absolute Poker figures that $800,000 was illicitly "won"
-they say that they have reimbursed to players about $1.6 million dollars
-period of unfair playing was 40 days in length, starting August 14th, 2007
-no outside parties would have been able to exploit this security hole, only an authorized Absolute Poker person
-names of the accounts known to have cheated: potripper, graycat, steamroller, payup, supercard55, romnaldo
-all accounts associated with these accounts are under investigation
-Absolute will reimburse their affected customers further if they find any additional evidence of wrong-doing
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carpo
(United Kingdom)
355
Posts.
Joined
07-25-2006.
11-09-2007 9:24 AM
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I know a lot of people get 'tired' of hearing about these things, but let's all remember how big this really is...
There is nothing wrong with these updates and they should continue to come in.
I think if we start to see too much, and a lot of the specualtion posts, that's when it becomes negative.
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" -all players known to have been adversely impacted by the cheating have been reimbursed with interest
-Absolute Poker figures that $800,000 was illicitly "won"
-they say that they have reimbursed to players about $1.6 million dollars "
Absolute sucks. This still does not smell right. If $800,000 was illicitly cheated, then how did they reimburse $1.6 million? They are paying 100% interest???
Looks like Absolute continues to lie.
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-names of the accounts known to have cheated: potripper, graycat, steamroller, payup, supercard55, romnaldo
Would love to hear the explanation why Doubledrag is not on this list
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EddieO
(United States)
1,635
Posts.
Joined
05-30-2007.
11-09-2007 9:52 AM
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I assume they refunded everyone's buyin who did not cash in tourneys that were played by the super account, and then also bumped everyone up a pay spot when the super account would cash...therefor paying out more than the tourney prize pool???
I don't see how anybody would ever trust that company again....why would you??? Nobody has been charged with wrong doing when there was definite criminal activity...800K stolen and they just say "sorry you caught us we'lll give it back and please forgive us."? F that and F absolute. I've never played there and never will - I've played on UB but will never play there again as well.
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i still would never trust the site with my money, after the cover-up they were attempting. its sick that the players had to be the ones to find out that ppl were cheating, and even sicker that it was deny, deny, deny, deny until it was too obvious that someone was cheating. I mean, they released statements that even said "no hand histories are available for any players unless there is a showdown". wtf, lying right to our faces.
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Well, Those $1000 tourney's, every one would get a refund plus move up one spot. That would explain a lot of the extra money that AP is putting out plus every tourney that they played in. Just so your not confused, AP should burn in hell and die!
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So you are telling me that everyone that was entered into a tourney that potripper, graycat, steamroller, payup, supercard55, romnaldo was entered in for the past two months has got his entry refunded? That sounds like a lot of players ---
ROLLCALL!
Let's see a show of hands of players getting money. Sounds like if you were playing in the right tourneys, all your play at Absolute has been one big freeroll for that time period. Anyone?
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EddieO
(United States)
1,635
Posts.
Joined
05-30-2007.
11-09-2007 10:06 AM
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If I played in any of those tourneys and didn't cash I'd sure as hell want my money back.
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No mention of any possible crimminal prosecution. Just great, so its okay for admin in online gaming in foreign countries to try and cheat and if they get caught, just write an apology letter and everything will be good. F'n b.s. and F*** online poker!!!!!!
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LesW
(United States)
1,032
Posts.
Joined
02-14-2006.
11-09-2007 11:08 AM
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Would love to hear the explanation why Doubledrag is not on this list
same here, he took $3k off me call me with bottom pair 10 kicker. He literally called every raise in a ring game with any two for about 50 hands straight, and played each pefectly, saw him bust about 10 people cause he looked like such a huge donkey.
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Ted,
It's quite possible that the 800k was "redistributed"
Meaning:
Superusers won $1.6M and lost $800k on their way to $800k total profit, causing $1.6M of reparations that had to be made.
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ragbag
(United States)
63
Posts.
Joined
04-05-2006.
11-09-2007 12:18 PM
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I have been playing faithfully on AP for 4 years for about 8 to 10 hours a day.. anywhere from 5 rebuys up to their majors.. even got the letter from AP Watchdog where I railed the 100k that tipped the iceberg.. and to date have received ZIP from AP.. nothing but letters of apology ..denial.. and a few " we have forwarded this to someone who gives a shit" Obviously that person doesnt exist.. I would almost be happy to get a "heres a quarter call someone who cares" at this point ..
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Bigz
(United States)
469
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Joined
06-04-2007.
11-09-2007 12:44 PM
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I dont by this cover 1 bit, lets think about this theres 5-6 accts that were cheating (that we no of, wouldnt suprise me if theres more they arnt tellin) there CLAIMING 40 days and 800k hmm thats only 20k a day between 5 accts is 4k aday. i dont by this, with this hustle they had going they only making 4k a day on each acct BSBSBSBSBSBSBSBSBSBSBSBSBSBSBS, the fact that ABSO says 800k sounds like to me they dont wanna DIP IN THE TANK to pay out over 1m out of there pocket, i no for a fact u give me a acct were i can see everyones card ill make 20k an hr easy, and wit 5 accts oh my. SO lets me get this right abso got caught scaming an alleged 800k so there way out is sayin sorry well give it back an pay dub, id like to see me try an steal 800k from a casino an get caught an say sorry ill pay u back 1.6
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