Poker sites seized by FBI - Page 16

i guess that settles it then, take your shots today imo. nothing worse can happen

Guys its over...........

On April 15 2011 21:05 TenBagger wrote: for those interested, there are a lot of details in the 52 page indictment which can be read here: http://www.scribd.com/doc/53107543/Indictment-DOJ-vs-Scheinberg-Bitar-Tom-et-al according to the above document, 32 US bank accounts tied to the poker sites and 45 foreign bank accounts, which include accounts in Cyprus, Hong Kong, Philippines, Canada, England, Luxembourg, Switzerland, Panama, Malta, Ireland, Germany and the Channel Islands have already been seized by the US gov't. the forfeiture section starts on page 49 and basically the US gov't is claiming they are owed $2 billion for "count eight" and $2.5 billion for "count nine". The only way we will see our money is if 1 - the US govt decides to pay customer balances before taking their $2 billion and $2.5 billion claims or 2 - these bank accounts represent only a small fraction of the poker sites capital AND they can remain solvent and maintain their non-US business AND they can find a way to get the money in the hands of US customers without being detected by the US gov't imo, both scenarios are long shots. although I'm hopeful, I think its unlikely that US residents will ever see a cent from their PS/FTP/AP bankrolls. Considering the fact that this threatens the solvency of these companies, the bankrolls of even non-US customers is also in jeopardy. While we can only wait and hope for the best, I think it's prudent that everyone plans for the worst.

but this isnt actual ps money right? just some accs for tranfers?

hard to believe ps did not see this coming and not have some plan b in place. im usually very paranoid about these things but for some reason im not too worried about this if i hear a press release from stars reps - they haven't yet and that worries me a lot now above everything else

the sun setting on my online poker career....

Daut as a part of their CR team I m sure they ll find ways to give back your roll

Hello ssssssssssssssss, Thank you for your email. We appreciate your concern. PokerStars is owned and operated by a legal entity licensed and located in the Isle Of Man (a crown dependency of the United Kingdom) and we pride ourselves in abiding by all relevant laws and regulations. The current situation about which you have inquired only impacts US Players. PokerStars will continue to offer its services to all other jurisdictions. As we are not a law firm, it is difficult for us to advise our customers as to the legal situation in every jurisdiction, however the recent change is not targeted in any way at your jurisdiction. Most importantly, rest assured your funds are safe with PokerStars and will be accessible to you whenever you may wish to withdraw. We will keep all of our players up-to-date with any future developments. We sincerely appreciate your understanding and concern, and thank you for choosing PokerStars. Regards, Hogan PokerStars Support Team

from 2p2, std support bs

Will an admin from this site answer my question? Is LP still paying its rakeback for US players, specifically for AP/UB?

On April 15 2011 21:39 dogmeat wrote: Show nested quote + Hello ssssssssssssssss, Thank you for your email. We appreciate your concern. PokerStars is owned and operated by a legal entity licensed and located in the Isle Of Man (a crown dependency of the United Kingdom) and we pride ourselves in abiding by all relevant laws and regulations. The current situation about which you have inquired only impacts US Players. PokerStars will continue to offer its services to all other jurisdictions. As we are not a law firm, it is difficult for us to advise our customers as to the legal situation in every jurisdiction, however the recent change is not targeted in any way at your jurisdiction. Most importantly, rest assured your funds are safe with PokerStars and will be accessible to you whenever you may wish to withdraw. We will keep all of our players up-to-date with any future developments. We sincerely appreciate your understanding and concern, and thank you for choosing PokerStars. Regards, Hogan PokerStars Support Team from 2p2, std support bs

lol.
At least they are giving a response

Dont forget guys, internet poker is a ridiculously profitable business. The big 3 have made spent tremendous resources and cut into their bottom line to continue their business, aint no way they are just going to throw away a multi-billion dollar industry down the toilet to a few annoying "laws". They'll find a way to keep players playing, even if it means financing transactions through more expensive measures again.

On April 15 2011 21:43 NewbSaibot wrote: Dont forget guys, internet poker is a ridiculously profitable business. The big 3 have made spent tremendous resources and cut into their bottom line to continue their business, aint no way they are just going to throw away a multi-billion dollar industry down the toilet to a few annoying "laws". They'll find a way to keep players playing, even if it means financing transactions through more expensive measures again.

sure but how much did they lose?

On April 15 2011 21:43 NewbSaibot wrote: aint no way they are just going to throw away a multi-billion dollar industry down the toilet to a few annoying "laws".

nearly 100 seized bank accounts across the globe, even in known financial havens such as switzerland and panama and you call it just a few annoying laws?

I posted the primary source, people should take a few minutes to read it rather than making baseless assumptions.

On April 15 2011 21:50 TenBagger wrote: Show nested quote + On April 15 2011 21:43 NewbSaibot wrote: aint no way they are just going to throw away a multi-billion dollar industry down the toilet to a few annoying "laws". nearly 100 seized bank accounts across the globe, even in known financial havens such as switzerland and panama and you call it just a few annoying laws? I posted the primary source, people should take a few minutes to read it rather than making baseless assumptions.

lets be optimistic ok?

i think this is is all a ploy by pokerstars to make me move up and give me lots of KK vs AA, sure stars, sure.

On April 15 2011 21:10 whamm! wrote: i guess that settles it then, take your shots today imo. nothing worse can happen

oh god someone delete this before Neilly sees it

Obama is a worthless piece of shit.

On April 15 2011 21:54 dogmeat wrote: Show nested quote + On April 15 2011 21:50 TenBagger wrote:   On April 15 2011 21:43 NewbSaibot wrote: aint no way they are just going to throw away a multi-billion dollar industry down the toilet to a few annoying "laws". nearly 100 seized bank accounts across the globe, even in known financial havens such as switzerland and panama and you call it just a few annoying laws? I posted the primary source, people should take a few minutes to read it rather than making baseless assumptions. lets be optimistic ok?

it's not about being optimistic or pessimistic. It's about being informed or ignorant. A major issue like this comes up and there is a primary source, the actual gov't indictment report that has a wealth of information. It just amazes me how so many people neglect to read the primary source, not just in this situation but in general.

On April 15 2011 21:54 blackjacki2 wrote: Show nested quote + On April 15 2011 21:10 whamm! wrote: i guess that settles it then, take your shots today imo. nothing worse can happen oh god someone delete this before Neilly sees it

Lol'd

Obama didn't change shit just said the right things and as usual the public is dumb enough to buy into all of it he tapped into their emotions. Ron Paul ftw

i only care if jews are gonna take my money or not


-ihatejews

You know what it says. It basically lays out how we are fucked.