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[Stoxpoker pays six figures] Former coach Jason Ho scams students [Stoxpoker pays six figures] Former coach Jason Ho scams students

01-27-2010 , 10:35 AM
Its not just about the coaching its also about the PLO Fund? what about that? people said they didn't receive emails prior to you starting it since you claimed there wasn't enough money in the fund and pushed it back to March. However you claimed that you did send emails and that you have already lost 40% of the money from the funds. How do you explain this?
[Stoxpoker pays six figures] Former coach Jason Ho scams students Quote
01-27-2010 , 10:38 AM
Quote:
Originally Posted by ZzRicK
Its not just about the coaching its also about the PLO Fund? what about that? people said they didn't receive emails prior to you starting it since you claimed there wasn't enough money in the fund and pushed it back to March. However you claimed that you did send emails and that you have already lost 40% of the money from the funds. How do you explain this?
I'd also be interested to hear from the investors and Jason as to whether the remaining balance was returned to them.
[Stoxpoker pays six figures] Former coach Jason Ho scams students Quote
01-27-2010 , 10:41 AM
jason how could you lose after you solved cap plo ????? how do you not swim in cash and are the #1 winner on PTR in cap plo games?????
[Stoxpoker pays six figures] Former coach Jason Ho scams students Quote
01-27-2010 , 10:43 AM
Quote:
Originally Posted by skelm
I'd also be interested to hear from the investors and Jason as to whether the remaining balance was returned to them.
We agreed all agreed to the end of december 2010 before any money can be taken out. I already bought out one investor, I also settled with another investor and made a deal with him.

If a deal is made to run on to the end of december 2010. Then I have the right to play until then and then settle or dispute any differences per terms of the deal. If the investors were not happy with the deal they simply could have not invested.

I also made an offer to some that I will gurantee the initial investment but they opted to risk everything. So if they took the offer of gurantee initial investment they can stake a claim after if I didnt pay them back.

I also explained and said many times to all of them, don't put in money you can't afford to lose or do without until the end of december 2010.

I don't see how if you stake someone you can try and make a claim or get a refund after you staked that person. I'm sure the story would have been different and no complaints if variance ran the other way.

Last edited by code7654321; 01-27-2010 at 10:48 AM.
[Stoxpoker pays six figures] Former coach Jason Ho scams students Quote
01-27-2010 , 10:48 AM
ive got my popcorn out. i really doubt leatherass is making **** up or that billions of former students are butthurt just because their stakee lost some money.

this whole crew thing sounds very much like some of that feel good mlm type stuff where dreams, not reality are being sold. and these people have some guts to come out say they were staking a guy who allegedly won a million bucks in a year for him to play 1KPLO. i mean i know people spend money and have taxes and **** but without a damn good explanation someone who made that much is almost certainly going to have a 100k roll.

he'll be back with a new name and a new scam most likely, assuming this all pans out to be true.
[Stoxpoker pays six figures] Former coach Jason Ho scams students Quote
01-27-2010 , 10:48 AM
why dont you respond to my question(s) ?????
[Stoxpoker pays six figures] Former coach Jason Ho scams students Quote
01-27-2010 , 10:51 AM
I think it's also important to highlight to people that Jason currently has an insolvency case open against him: http://www.insolvency.gov.uk/databas...ber=0014492008

Jason, Given this information I'd be interested to know whether you declared this to investors and also how you planned to have people invest in you in the first place (if you are being honest and open with the UK government then they would be able to seize this money at anytime to cover your still outstanding debt).

Last edited by skelm; 01-27-2010 at 10:51 AM. Reason: Mods note that Jason has openly admitted that this is in fact a claim against him in the corressponding StoxPoker thread
[Stoxpoker pays six figures] Former coach Jason Ho scams students Quote
01-27-2010 , 10:51 AM
Quote:
Originally Posted by Zacharrrr
indeed.

edit: is it true you claimed to have solved cap plo ??
Yes I have.
[Stoxpoker pays six figures] Former coach Jason Ho scams students Quote
01-27-2010 , 10:54 AM
Quote:
Originally Posted by code7654321
Yes I have.
if i paid you enough would you teach me? I have lots of cash to spare. Perhaps we could meet in an island destination for a few weeks so I could learn in person?
[Stoxpoker pays six figures] Former coach Jason Ho scams students Quote
01-27-2010 , 11:01 AM
if we type "jason ho" enough in this thread, maybe it will show up #1 in google search results so he can't scam others!

right now it's #7
[Stoxpoker pays six figures] Former coach Jason Ho scams students Quote
01-27-2010 , 11:11 AM
Quoted from Stoxpoker forum:

Quote:
Originally Posted by code7654321
No money was stolen, they entered a staking deal with me. We agreed on terms and deadline of the deal. You can't just stake someone in poker then be disgruntled if its losing. If I won alot of money then am I allowed to change the deal and then keep everything?


you said you that you informed all investors via email that you 'passively started' the PLO fund in November. Yet not one of the investors have managed to produce that said email. You didn't even manage to send it to me when I requested it.

You said you were waiting for further funds back in October - I have the email stating you were waiting for an additional 50k for a starting bankroll of $150k due to the variance of PLO.

Quite convenient that PTR started tracking PLO towards the end of last year.

Last edited by gobby888; 01-27-2010 at 11:12 AM. Reason: changed quote colour
[Stoxpoker pays six figures] Former coach Jason Ho scams students Quote
01-27-2010 , 11:24 AM
I had a bad feeling about this guy all along. Amazing how he thought he was the next phil ivey...even when i spoke to him on skype something wasn't right.
[Stoxpoker pays six figures] Former coach Jason Ho scams students Quote
01-27-2010 , 11:28 AM
Jason: I'd never heard your name until yesterday, but why don't you post your 2007 1M+ chart and/or email someone trustworthy here your 2007 hands so they can verify your claim? A lot of your players seem to be doubting that claim now.
[Stoxpoker pays six figures] Former coach Jason Ho scams students Quote
01-27-2010 , 11:29 AM
Jason ho scammer..how anybody gave this idiot thousands is beyond me. What does he possibly offer that you can't find much cheaper and obviously better. He's the great player who does nl 100 vids on stoxpoker lol
[Stoxpoker pays six figures] Former coach Jason Ho scams students Quote
01-27-2010 , 11:35 AM
Quote:
Originally Posted by teddyFBI
Jason: I'd never heard your name until yesterday, but why don't you post your 2007 1M+ chart and/or email someone trustworthy here your 2007 hands so they can verify your claim? A lot of your players seem to be doubting that claim now.
Either way it brings questions about his credibility given that he still has an insolvency case open against him for far less then $1M.
[Stoxpoker pays six figures] Former coach Jason Ho scams students Quote
01-27-2010 , 11:41 AM
Wow...if those claims really are true this guy is sick in the head, I really feel for you guys who were sucked in by him
[Stoxpoker pays six figures] Former coach Jason Ho scams students Quote
01-27-2010 , 11:49 AM
Quote:
Originally Posted by teddyFBI
I feel for you, Casper, but my thoughts are the following:

- There's no way in hell you can claim that anyone other than you is responsible for losses suffered when you were at the controls. If JH was advocating a style you were uncomfortable with, you should have test-driven it at lower stakes. That's like a MLB baseball slugger complaining that a new batting stance advocated by his hitting coach cost him millions because he didn't enjoy as much success with it as with his old batting stance. He should have test-driven it more in batting practice and used his own noggin to think critically about it, keeping what worked and throwing out the rest.

- You're admitting to cheating by allowing someone else to play on your FTP account...?(!) Obviously this doesn't excuse JH's actions, as reported, but you're not exactly endearing yourself her either.

- You gave the guy, who had already begun showing signs of serious shadiness the password to your poker account?

Anyway, I'll quit giving you a hard time. I'm sorry you lost so much. I look forward to the drama bomb once the main thread gets re-opened. I just couldn't help but think, as I read through your post, that there were like a dozen or more red flags that would have sent my 'run-forrest-run' antennae a-blazin'.

EDIT: PS Jim from Stoxpoker > did you guys do any sort of diligence on JH's claim of being a 1M+ / yr winner or just take him at his word and let him advertise himself as such? It seems that a common comment from the cheated folks is that he didn't come across as much more than a mediocre player, if that.
Teddy,

It's easy for me to feel naive after all this but I don't have the high stakes experience you have so I missed the "red flags" you would've spotted.

I don't like your analogy. How about I was a good Triple A hitter with problems hitting curve balls being told by Barry Bonds that my hitting stance was all wrong, etc? Result is that my hitting suffers and I find out afterwards that Bonds' results were fraudulent.

Well, in many of the Cardrunners vids, I've seen, I can recall Taylor Caby playing on someone else's account at times. Is letting someone play on my account really that much different than sweating? It probably is but his playing on my account wasn't meant to be permanent. It was meant to be educational too since he was to go over the hands he played on his own with me afterwards.

I had been a Stox member since 2005 and always thought the site was well-run with really good coaches and so when Stox advertised Jason as a +$1M winner, I didn't have any reason to disbelieve them. I assumed they would've done some type of background check on that important credential.
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01-27-2010 , 11:51 AM
Quote:
Originally Posted by bronx bomber
Casper, when did you send your recap to Stox?
I sent it at the same time as the other students. It was first posted in the general forums but they've since moved it to the private forums.
[Stoxpoker pays six figures] Former coach Jason Ho scams students Quote
01-27-2010 , 11:56 AM
How really get scammed is beyond me, as i was one of the victims i can only say, that all his plays seemed legitimate and he was playing each of us individually.

As far as what was returned from the PLO fund, was nothing at all. Actually for my silence I played Jason to pay me 2.5K dollars saying i would be OK with that to buy me out of the hole project.

Of course his first answer was no, but after i mentioned i send my resignation letters from the crew to the others he changed his mind and sent me 2.5K dollars. Of course that money was sent to me from 2 of other members accounts telling me he will settle it with them later that week. At that point i realised he had no money, and that the fund wasnt at 40% as stated by him but at $0. I have skype proof of the conversation and will be given to stoxpoker management if asked.

Just writing this to clear our points what kind of person Jason is. This is my last post regarding this matter.
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01-27-2010 , 11:56 AM
Jason you stated previously that you worked as a quant for a major financial institution. Which firm did you work for and what qualifications did you hold to get this job?
[Stoxpoker pays six figures] Former coach Jason Ho scams students Quote
01-27-2010 , 11:57 AM
Quote:
Originally Posted by nonprofitgambler
Seems to me this was just a failed coaching experiment. If Jason Ho was truly a crook he would have just stole money out of your account when he got your password. Sorry you lost your money, but to me this is just a coaching arrangement that ran on the bottom side of its variance.
I selected Jason as a coach based on StoxPoker's backing of him as a $1M+ winner when it turns out, he wasn't. That makes it much more than a "failed coaching experiment." It was inevitable that it would end in failure since I got uninformed, bad advice which I deferred to based on lies about his background.

Well to steal the most money from someone, wouldn't you wait awhile till you really built their trust? That's apparently how he stole $90K+ from his other students. Other than that, don't ask me how his ultimate motivations were. I'd like to know myself.

Last edited by CasperW; 01-27-2010 at 12:10 PM.
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01-27-2010 , 12:17 PM
I'm a stoxy myself and I was about to get him as a coach too, with a main desire to hit camp Thailand/Macao, and my girlfriend was even willing to wire money across so that I can get things going, I would have spend all my money on him as I, just as anyone else thought that Jason Ho was indeed a direct descendant of the pokergod himself. I must admit I did not see this coming, but this shows me once again how cruel this world is we live in and in what way people are willing to take advantage of each other, especially if the promise is the good old "guick buck".
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01-27-2010 , 12:19 PM
I am here also guys, thx for poster supporting us on this, we really are going thru some bad times here and it s good to feel some support in the community .
He created a crew to suck us out, we ll go over it together.

thx again
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01-27-2010 , 12:23 PM
I only watched like 3 miuntes of the recent video so small sample but he doesnt sound very confident and seems like hes just repeating stuff hes heard before on other videos. he might still be decent but with these accusations cant rly see this guy beating midstakes 6m...
[Stoxpoker pays six figures] Former coach Jason Ho scams students Quote
01-27-2010 , 12:32 PM
Jason's prop bet cannot be coordinated on 2+2, we don't want to be associated with something like this. If Stoxpoker wishes to be the recipient of the prop bet then so be it, but 2+2 does not wish to be the intermediary. Please take this part of the discussion elsewhere. A prop bet is a very poor way to prove innocence in this dispute, on a personal note I do not recommend that anyone get involved.



I cannot comment on the innosence or guilt of Jason Ho, but I can say that there seems to be a common thread so far for the accusers - they all see to be naive. For example vassy's trust that it is safe to post his email address and skype name publicly in a community of 4 million + visitors a month, casper's sharing of his account, and their belief that they had the one coach who solved capped PLO but nobody else knows this secret except those who are coached by him is indicative of their naivety.
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