Poker sites seized by FBI - Page 11

wow do I really have to cashout my whole roll eventhough im in canada? should I spend all my FPPs???

On April 15 2011 17:07 Ket wrote: land of the free

I thought the revolutionary war was supposed to give us more freedom... Now the British are free and we live in tyranny. What a horrible irony... I may need one of your rental properties Ket <3

i have 150k there, gg me

On April 15 2011 17:19 ManofFire wrote: So let me get this straight. 1. Some payment processors don't want to be involved with Pokerstars/FTP/UB/AP due to ambiguous laws on the nature of poker. 2. These giant poker companies circumvent this by creating thousands of fake companies in order to process payments for non-existent goods that are never delivered. (Probably avoiding taxes at the same time.) 3. Bank accounts get shut down so the websites decide to bribe banks. 4. Feds find out are pissed, and seize all bank accounts. 5. People whine that America is corrupt. 6. ??? Umm, seriously this would be so much easier if gambling was just legalized TT.

this is pretty much it

stop cashing out like fucking morons you will just help crash poker sites... like 1929

the level of rage i am feeling is indescribable


I hate the fucking government with a fiery passion

GG halfl a mil

keep voting....

I doubt anyone internationally will lose their money, usa govt can't just take money from them when they were doing something legal. This would set off a firestorm of diplomacy. However, the usa govt now controls the bank accounts with player deposits in them, and will probably freeze them for awhile. International players will get their money back, but it may take awhile for this all to unravel. The real question is if, and when usa players may see their rolls.

On April 15 2011 17:37 gororokgororok wrote: IF YOU CAN, CASH OUT

i think cashing out is the worst possible thing to do right now as there are probably no payment processors available
i don't even think our funds are readily available

taken from 2+2
https://docs.google.com/viewer?a=v&am...UwM2U3&hl=en&authkey=CJ6Jmu0C

https://docs.google.com/viewer?a=v&am...ZkNThj&hl=en&authkey=CLPTi4QF

if you go to the second document, there's about $40-50 mil frozen in a bunch of accounts, god knows how much more are in the rest of the bank accounts where they didn't state the #s for them

DO i have to cashout my roll eventhough im in canada?? if so do I use MB or check? someone plz answer

On April 15 2011 17:42 Exhilarate wrote: Show nested quote + On April 15 2011 17:19 ManofFire wrote: So let me get this straight. 1. Some payment processors don't want to be involved with Pokerstars/FTP/UB/AP due to ambiguous laws on the nature of poker. 2. These giant poker companies circumvent this by creating thousands of fake companies in order to process payments for non-existent goods that are never delivered. (Probably avoiding taxes at the same time.) 3. Bank accounts get shut down so the websites decide to bribe banks. 4. Feds find out are pissed, and seize all bank accounts. 5. People whine that America is corrupt. 6. ??? Umm, seriously this would be so much easier if gambling was just legalized TT. this is pretty much it

So, I read that pokerstars was taking payments from U.S. citizens. Is this actually the case? If so, how? And from who? I don't understand.

^ they were taking deposits from US players, and the US players would be getting confused, getting e-mail replies from fake company names such as "PS3shop" or "mygolflocation.com", which were set up as fronts for Pokerstars, etc

"we are sorry but, due to government regulations, playing real money ring games is not allowed in your area."

from the DOJ press release

For example, defendants ISAI SCHEINBERG and PAUL TATE of PokerStars, RAYMOND BITAR and NELSON BURTNICK of Full Tilt Poker, and SCOTT TOM and BRENT BECKLEY of Absolute Poker, arranged for the money received from U.S. gamblers to be disguised as payments to hundreds of non-existent online merchants purporting to sell merchandise such as jewelry and golf balls. Of the billions of dollars in payment transactions that the Poker Companies tricked U.S. banks into processing, approximately one-third or more of the funds went directly to the Poker Companies as revenue through the "rake"

how???
I thought U.S. citizens couldn't deposit on pokerstars. So who and how?

On April 15 2011 17:55 Exhilarate wrote: ^ they were taking deposits from US players, and the US players would be getting confused, getting e-mail replies from fake company names such as "PS3shop" or "mygolflocation.com", which were set up as fronts for Pokerstars, etc

but I thought there wasn't even an option to deposit... ?
that sounds ridiculous how could pokerstars think they could get away with that?

On April 15 2011 13:53 Manit0u wrote: Hmm... US government trying to fix their debt or something?

60 minutes recently did a piece about how states are turning to gambling to help fix their budget deficits. I guess they want to take out the competition now..

ISAI SCHEINBERG lived down the street

all i can say is the panic is certainly goign to make for great action in the next few days