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Old 07-03-2012, 03:02 PM   #1
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July LC Begins with an Arrest

First domino down -- http://money.cnn.com/2012/07/02/news....htm?hpt=hp_t2

Expect many more to come.
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Old 07-03-2012, 04:07 PM   #2
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Re: July LC Begins with an Arrest

Quote:
Originally Posted by Davdob View Post
First domino down -- http://money.cnn.com/2012/07/02/news....htm?hpt=hp_t2

Expect many more to come.
I actually dont see many more arrests. I see some forefeiture of funds, possibly, but Ray Bitar and said indictees from yesterday are now easy "fall guys" as the checks share holders received can be claimed as "I didnt know it was player funds, I though it was company profit" as dividends should be.
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Old 07-03-2012, 04:37 PM   #3
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Re: July LC Begins with an Arrest

Linky no workie.
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Old 07-03-2012, 04:57 PM   #4
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Re: July LC Begins with an Arrest

Fixed link:

http://money.cnn.com/2012/07/02/news....htm?hpt=hp_t2
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Old 07-03-2012, 05:11 PM   #5
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Re: July LC Begins with an Arrest

Quote:
"The indictment alleges how Bitar bluffed his player-customers and fixed the game against them as part of an international Ponzi scheme that left players empty-handed,"
I don't remember seeing anywhere that FTP was rigged or am I misunderstanding this?
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Old 07-03-2012, 05:16 PM   #6
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Re: July LC Begins with an Arrest

The sentence quoted is a bad analogy. Don't take it literally.

I'm quite sure the poker was on the up-and-up. The financials weren't even close.
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Old 07-03-2012, 05:52 PM   #7
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Re: July LC Begins with an Arrest

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Originally Posted by jbrennen View Post
The sentence quoted is a bad analogy. Don't take it literally.

I'm quite sure the poker was on the up-and-up. The financials weren't even close.
Who needs to rig the RNG or superuse when you don't intend to let players withdraw their "winnings"?

btw, I'm glad this thread was about FTP, I thought maybe oscillator had been arrested for offensive lyrics.
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Old 07-03-2012, 06:33 PM   #8
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Re: July LC Begins with an Arrest

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Who needs to rig the RNG or superuse when you don't intend to let players withdraw their "winnings"?

btw, I'm glad this thread was about FTP, I thought maybe oscillator had been arrested for offensive lyrics.
Oscillator twitter feed rated R for Language and Sexual Content.

"Many" may be overstating it, but I would be very surprised if we don't see a few "FT Pros" indicted before it is all over.
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Old 07-03-2012, 11:52 PM   #9
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Re: July LC Begins with an Arrest

curious as to why you think FTP pros will go down. Unless it can be proven they knew inner workings then like stated they can just claim it was dividens from their shares.
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Old 07-05-2012, 10:54 AM   #10
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Re: July LC Begins with an Arrest

LCCCCCCCCCCCCCCCCCCCCCCCCCCC
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Old 07-05-2012, 01:08 PM   #11
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Re: July LC Begins with an Arrest

i love pork n beans mixed with rice dressing
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Old 07-22-2012, 02:29 AM   #12
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Re: July LC Begins with an Arrest

Everybody kiss my ass, I'm fifty. Next stop discounts at the buffet.
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Old 07-22-2012, 02:40 AM   #13
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Re: July LC Begins with an Arrest

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Everybody kiss my ass, I'm fifty. Next stop discounts at the buffet.
Happy birthday, my slightly older compatriot!
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Old 07-22-2012, 04:02 AM   #14
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Re: July LC Begins with an Arrest

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Everybody kiss my ass, I'm fifty. Next stop discounts at the buffet.
Happy Birthday!
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Old 07-22-2012, 04:22 AM   #15
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Re: July LC Begins with an Arrest

Happy Birthday!, I hit 40 last weekend so I can't imagine how old you must be feeling!!

Last edited by Banzai; 07-22-2012 at 04:23 AM. Reason: Wiki still has you at 49 so keep on rockin.....
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