Quote:
Originally Posted by skelm
Funny, I've learnt that recently also. Was reading something about somebody running up a debt in the UK, going to Macau (most likely running - but not proven at this point), claiming to make $1M even with a pending insolvency and then scamming a heap of people out of about 120k. Then the company that endorsed them agreed with the guilty parties, is refunding money and completely separated themselves from the brand but said scammer continued to try to save face (this was not a very smart scammer by any stretch of the imagination).
I think the likeliest scenario is this
- Jason realises he can't pay monies he owes so petitions for his own bankruptcy. Probably after doing some illegal transferring of assets so that they can't be disposed of by the Official Receiver and used to pay his creditors, but that's just speculation (if the guy who talked to him about bankruptcy wants to confirm that he did some sort of shady stuff like this, please do!).
- Jason's move to Macau and the commencement of his involvement with Stox being within a month of each other isn't a coincidence. He realises he's going to be getting a fair income from coaching, but upon investigation he realises that it's most likely that the vast majority of this money is going to need to be surrendered to the Official Receiver and that to keep his grubby hands on it he will need to either break the law and not declare the income, hence risking prosecution (especially bearing in mind the additional misconduct that led the the Bankruptcy Restrictions Undertaking being made against him) or he needs to flee the country. Hence, he uses the money from his first few coaching gigs to fly out to Macau and live happily ever after, free to spend his money on ******ed photoshoots rather than to pay his creditors.
- All the other stuff happens.
I'm half-tempted to try and get my hands on the Official Receiver's report(s) to his creditors just out of curiosity. In fact I'm pretty sure anyone in England is perfectly entitled to see a copy if they request it under the Freedom of Information Act.
also jason ho is a scammer, a scammer is jason ho, jason ho, a scammer, is!
and
Quote:
Originally Posted by teddyFBI
Jason, do you still claim to have had a 1M+ year in poker? (As you are reading this thread, I will assume no reply to this Q will be an acknowledgment that you made that up.)