Erick Lindgren Owes >$100k for 2p2 Fantasy Drafts, Won't Pay, Claims "Cash Broke" - Page 9 - High Stakes Poker Pot Limit and No Limit

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Erick Lindgren Owes >$100k for 2p2 Fantasy Drafts, Won't Pay, Claims "Cash Broke"

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03-04-2012 , 05:00 PM

#201

Riverman

Carpal \'Tunnel

Join Date: Apr 2003 Posts: 73,135

what's sad is that he probably thinks its the DOJ's fault

03-04-2012 , 05:53 PM

#202

FocusIT

grinder

Join Date: Jan 2012 Posts: 546

What is sad is that he probably doesn't care.

03-04-2012 , 06:34 PM

#203

dubwise

journeyman

Join Date: Apr 2010 Posts: 393

Quote:

Originally Posted by MMD

She's had a kid now so won't have the same market value as she did in the past. Not in Gus league anymore.

You're right, my mistake, how about Allen Cummingham?

03-04-2012 , 09:00 PM

#204

2DMB2LIV

adept

Join Date: Jul 2010 Posts: 1,011

Quote:

Originally Posted by ilikebigbets

Anyways, just really upset today. Having read this thread and NVG I must say the only people in poker I still respect are very few. Probably a lot of the players that are considered young guns. Who grew up in good families, who had opportunities in life besides cards, but made a successful career at it and chose to purse this profession despite having options. They are not the action junkies of E-dog and Phil Ivey. Both are drop-outs from high school and losers before being in the "right palce at the right time" and striking it rich.

I think Josiah said it best, "you can take the hood out the game, but you can't take the game out the hood".

ILBB

lol amalgamationaments.

Ivey paid off a pretty hefty debt that no one knew about to Chip Reese's family after he'd passed away.

I'm not sure how you can think that you know enough about these two people (E and Ivey) to equate their moral compasses.

Try to be a little less intellectually lazy next time...

Also, lol @ Ivey being a loser financially (implied by "striking it rich", I'm saving you the embarrassment of trying to argue that you meant something else) before being "at the right place at the right time".

03-04-2012 , 10:11 PM

#205

Thousand Tigers

veteran

Join Date: Nov 2009 Posts: 2,570

20 years ago you got popped in the head for this.

03-04-2012 , 11:05 PM

#206

SnapCall

grinder

Join Date: Jul 2009 Posts: 532

So sad and pathetic that a face of the industry owes so many people money.

FTP. Epic. Lindgren. All his actions just make poker have a worse image

03-04-2012 , 11:36 PM

#207

callthosebets

journeyman

Join Date: Aug 2009 Posts: 291

Quote:

Originally Posted by FakeKramer

I've played with E-Dog every year at at least one WSOP event since 2007. He's always had a too cool for school attitude and once kinda punked me by the way he responded to an honest-enough question I asked him at the table. (The question was "are you playing in the other tournament too?" which I asked after noticing he his presence at our table was pretty infrequent. He responded something sarcastic that made it seem like he thought my question was stupid).

Last year deep in Main Event I was at his table again. Someone asked him what he thought of FTP situation and he said something like, "I just wish they would pay the damn players already," as if to suggest that "they" and "him" were two clearly separate entities and that he's really "one of us" who is as frustrated about the situation as anyone even though he's been cashing in as a "Team Pro" since the beginning. That rubbed me the wrong way too so it's pretty funny to me now that apparently he owes FTP $4 million and fantasy sports participants several thousand.

He made me feel like a douche the first time I played with him back when I was a little star-struck by him, but I guess now he's the one who is a bit of a douche. Funny how that works out, huh "E-Dog"? Pay the damn players already.

I like this post.... The entire poker world is a shady hole and it makes me sad.

03-05-2012 , 12:13 AM

#208

ker17

journeyman

Join Date: Aug 2010 Posts: 297

Quote:

Originally Posted by FakeKramer

I played with Erick and Howard at the same time two years ago during a $2500 6max nlhe. Erick was extremely nice and personable, just acted like any other dude. He was very into sports and chatty the entire day. Howard on the other hand was a super smug arrogant prick to everyone except Erick. It was very annoying.

03-05-2012 , 01:48 AM

#209

callthosebets

journeyman

Join Date: Aug 2009 Posts: 291

Quote:

Originally Posted by ker17

Billionaires tend to fo this to regular folks imo

03-05-2012 , 01:58 AM

#210

mrdasefx

old hand

Join Date: Apr 2008 Posts: 1,640

Quote:

Originally Posted by ker17

He probably got paid 250k from FTP the day before and hit a few bets early that day. Kinda hard not to be in a good mood, ya think?

03-05-2012 , 03:03 AM

#211

ker17

journeyman

Join Date: Aug 2010 Posts: 297

I wasn't trying to call him a great guy in general, obviously I don't agree with the conduct he is being accused of. I was just refuting that he is condescending by nature, because I believe that is very inaccurate.

03-05-2012 , 08:24 AM

#212

SneakySteve

old hand

Join Date: May 2010 Posts: 1,681

This thread and the other one in the NVG section really delivered after Haralabos briefed his thoughts about this mess.

Quote:

Originally Posted by coltranedog

I have gone over whether or not I should post in this thread for the last few days now, and although I am still conflicted and am not prepared to share everything I just want to say the following.

I think with the exception of a few really "green" newbies to the gambling world. Nearly everyone who has had any dealings with Erick and is deciding now to post is a hypocrite.

And because I am now posting, that includes me.

We all knew that Edog was pretty much a piece of **** when it came to settling gambling debts. But as long as the Full Tilt money train was chugging along paying distributions, nobody wanted to speak up.

Now that its pretty clear that FTP is done, and so are any prospects of Erick being able to pay anyone back. Everyone is very quick to talk about what a horrible person he is.

And so here I am.

Erick, well he isn't such a nice guy.

If some of us (especially me) would have spoken up a long time ago a lot of the little guys who did business with him could have been spared.

I am not going to go into all the details, but I have known Erick since around 2004. From 2005-2006 he owed me a really large figure. I gave him a year to get his stuff in order and he was supposed to pay the whole amount off in 2006.

He didn't.

We then agreed on a payment plan of sorts but that never really took shape either.

From 2005-2007 I primarily kept my mouth shut about Erick, only told a few other sports gamblers here and there about how they needed to be careful doing business with him etc. The response I got from nearly everyone was, oh I know he's bad news. He owes me $$ as well.

After awhile I pretty much gave up on being quiet about the amount he owed me and ended up telling a few more respected poker players as well.

I even went as far as to ask FTP to intervene and direct some of his distributions to me, i had emails from Erick that confirmed that he promised to send a payment of X amount monthly from FT up until the debt of Y was resolved.

One of the main board members at FTP told me that they could never do this because it would be highly illegal and they didn't have the jurisdiction to do so or get involved. I understand how they wouldn't want to break any more laws seeing as how they were busy laundering money and buying banks to mask their financial transactions.

Erick still owes me a big figure its still probably one of the bigger amounts he owes. But its not nearly as big as it was in 2005. To his credit he has paid off around 80% of it -

To his detriment only about 10% of it came when he actually offered up the money. The other 70% came from;

Flying around the world hanging around some of his horse's final tables trying to scratch and claw to grab some money.

Coaxing the guys at matchbook to send me some of the money he had requested as a w/d directly to me.

Pestering, harassing him via email and text to get some payments sent my way.

Finding out he had agreed to sell / loan 1% FTP in exchange for a big payment and then confronting him about it and having him send me an amount then.

The latter was extremely frustrating because I have no doubt that if I hadn't found out about the loan / sale he never would have brought it up to me and I never would have gotten any money out of him.

Further he acted all indignant when I confronted him stating that the deal wasn't done and it may not get done so that was why never told me about it.

I am fairly certain that this was a load of bs.

I think at least one other transaction had gone down where he has sold a pct of his FT stake and I didn't hear about it and thus didn't get paid.

I'd also like to add that, if Erick really wanted to have paid off all his debts. He could have basically laid in bed / slept for a year or two and just paid everyone off.

His FT distributions were that big and he could have easily lived on a modest (sarcasm) 20-30k a month stipend and made everyone whole.

But that was never good enough, he was too busy popping off on sports or the big games on FTP.

I feel like a pretty big hypocrite for writing this now because there have been so many times over the years where I wanted to post about this earlier. I just didn't want to give Erick an excuse for slowpaying me even more.

I am a lot different nowadays. I used to get so tilted reading articles, blog reports or the famous Ryan Daut post where he talks about what a boss Edog was, all the while knowing that this guy owes me a bunch of money and for the most part didn't have the decency to try and bring the figure down.

The dude has owed me money for 6 years.

I don't really see much hope of getting paid off in full. Erick sent me an out of the blue email a few weeks ago stating how bad things were for him and that he is in real rough shape.

I am guessing that the impetus of that email was the fact that he was getting threatened by the fantasy sports dudes and he wanted to do some damage control ahead of time.

I like Daniels blog posts and video's a lot, I wanted to get this out here in the public before Daniel says something that downplays the whole situation.

I also sent Daniel a PM (a draft of one I meant to edit but didn't before sending) but I figured I was better off just posting here.

Its not merely a bunch of fantasy sports nits that are owed money, its a bunch of people spread all around the gambling world.

I'd also like to add that this isn't an example of new vs old -

I am about the same age as Daniel and Erick, I have been involved in gambling (mostly sports) for as long if not longer than these guys.

I have never met anyone who was as big a prick about paying off his debts as Erick. I have went bad in the past, have sold property, borrowed from family and friends and basically done whatever I could to make sure that my gambling debts were paid off in time.

Not paying a debt as soon as I could is simply not the way I or any of my close friends who gamble for a living were raised (and I was raised by a degenerate gambler who ended up going busto).

I have done business with people who went busto and couldn't pay. I have done business with people who basically said **** you I am not paying.

But I have never met a guy who was guaranteed as much money as Edog was from his FT investment, who spent money as lavishly as he did, who was basically allergic to paying his debts.

I remember reading the Dane Cook quote and thinking, must be nice to have all the money in the world, but not have the time nor inclination to pay back the people you owe.

If the whole thing wasn't as irritating as it is, it'd actually be quite sad.

03-05-2012 , 08:48 AM

#213

Interpleader

adept

Join Date: Jan 2009 Posts: 869

Paid the $2,800 owed via paypal last night. Seems sorry fwiw.

Edit: Erica Schoenberg sent the money
Edit#2: They made me pay the $82 worth of paypal fees, so I really only received $2,700.

Last edited by Interpleader; 03-05-2012 at 09:08 AM. Reason: Fees

03-05-2012 , 10:06 AM

#214

Roy

Carpal \'Tunnel

Join Date: Mar 2006 Posts: 7,447

Quote:

Edit#2: They made me pay the $82 worth of paypal fees, so I really only received $2,700

03-05-2012 , 10:51 AM

#215

RMB

old hand

Join Date: Jul 2010 Posts: 1,288

Quote:

Originally Posted by Interpleader

Paid the $2,800 owed via paypal last night. Seems sorry fwiw.

Edit: Erica Schoenberg sent the money
Edit#2: They made me pay the $82 worth of paypal fees, so I really only received $2,700.

All they had to do was send as a "gift", "payment owed", or anything in the personal tab and there would have been no fees, afaik

Last edited by RMB; 03-05-2012 at 11:10 AM.

03-05-2012 , 12:08 PM

#216

Rusemandingo

Carpal \'Tunnel

Join Date: Oct 2008 Posts: 14,067

If you send using a credit card instead of instant bank debit there are fees regardless if its a gift. They give the sender the option to pay the fees themselves or take it out of the amount being sent. Obv Erick/Erica should have paid those fees. Theres a chance it could just be paypal newbness and not just further cheap BS.

03-05-2012 , 01:49 PM

#217

jspill

Carpal \'Tunnel

Join Date: Feb 2009 Posts: 8,405

The sender just has to has wait (few days) for the money to clear within paypal after being uploaded, then it can be sent with no huge (3% + flat amount varying by country) fee that arises if you want to send it immediately from your debit/credit card

Last edited by jspill; 03-05-2012 at 01:56 PM. Reason: Looks like Paypal newbness and a rush to sort things out, yeah

03-05-2012 , 02:18 PM

#218

TheTyman9

Pooh-Bah

Join Date: Mar 2007 Posts: 4,669

Last edited by TheTyman9; 03-05-2012 at 02:20 PM. Reason: wrong thread

03-05-2012 , 02:20 PM

#219

Zaarg

adept

Join Date: Oct 2009 Posts: 735

Quote:

Originally Posted by 2DMB2LIV

during that time he still got 900K a month from ftp(our money). shouldnt be to hard for him to pay this debt if you get a 900K gift every month.

03-05-2012 , 03:02 PM

#220

Punker

Carpal \'Tunnel

Join Date: Jan 2003 Posts: 8,352

Quote:

Originally Posted by thekey30

id be mad at myself for letting my greed get in the way of proper thinking. u dont extend credit to those who A) dont pay when they are supposed to B) give u the run around for small amts. The fact that this was well known about erick,suggests those who allowed him to continue entering, were just as much at fault as erick is.

I don't think anyone in here is saying they share no awareness that this was a possibility; there are many posts from people saying "I knew he had a bad rep" or "I had been told he wouldn't pay quickly". That doesn't mean they can't take any legal means necessary to get paid, including outing him as a deadbeat and ruining his reputation.

In the end, it's just an EV calculation; you bet $10K with him, you think you have 40% chance of losing (minus 10K), 50% chance of winning and getting paid (plus 10K), 10% of winning and getting stiffed (net 0). Still a positive bet for you. Of course, after FTP went down and with his history, maybe it should have been more like 40% loss, 30% win and get paid, 30% win and get stiffed, in which case, you shouldn't bet, but that's a bit of 20-20 hindsight now.

03-05-2012 , 04:18 PM

#221

LetMeLive

Carpal \'Tunnel

Join Date: Nov 2007 Posts: 25,131

Quote:

I am a lot different nowadays. I used to get so tilted reading articles, blog reports or the famous Ryan Daut post where he talks about what a boss Edog was, all the while knowing that this guy owes me a bunch of money and for the most part didn't have the decency to try and bring the figure down.

Anyone have a link to this?

nvm i found it: http://forumserver.twoplustwo.com/sh...6&postcount=39

Last edited by LetMeLive; 03-05-2012 at 04:31 PM.

03-05-2012 , 04:39 PM

#222

2DMB2LIV

adept

Join Date: Jul 2010 Posts: 1,011

Quote:

Originally Posted by Zaarg

during that time he still got 900K a month from ftp(our money). shouldnt be to hard for him to pay this debt if you get a 900K gift every month.

Completely and utterly irrelevant to what I was saying, but thanks for stopping by.

03-05-2012 , 06:43 PM

#223

Pudge714

Modding All Day

Join Date: May 2005 Posts: 39,104

I think this is the thread Haralabob was referring to
http://forumserver.twoplustwo.com/29...e-cook-414193/

03-05-2012 , 06:54 PM

#224

MSauce

veteran

Join Date: Jan 2008 Posts: 3,363

Quote:

Originally Posted by Interpleader

Paid the $2,800 owed via paypal last night. Seems sorry fwiw.

Edit: Erica Schoenberg sent the money
Edit#2: They made me pay the $82 worth of paypal fees, so I really only received $2,700.

Glad to hear it fees aside. Looks like you're only one of many though

03-05-2012 , 08:37 PM

#225

John K

journeyman

Join Date: Dec 2004 Posts: 370

Idk who else got paid but I suspect most haven't, especially the guys owed $10k+. It's disgusting that in order to get paid by Erick, you need to post a transcript of a chat you've had w/ him asking (nicely for awhile) for the money multiple times, post multiple times in this thread to confirm how scummy he is (until he pays you to shut you up), and probably need a debt that's manageable (under $10k).

Gl to the others owed.

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