This situation is just ridiculous.

I don't think they're able to take from certain states' bank accounts but that's nothing more than just a hunch on my part.

Let's say you have $1000.00+ in outstanding deposits and FTP notifies you that they can't debit your bank account and ask you to Western Union the money to make your account positive again.

Why would anyone just pony up $1,000.00+, make their account $0.00 and then NOT play online poker (b/c your account is at $0.00 ldo). When they could just take their $1,000.00+ and actually play online poker at PokerStars or another site. The person could also take their money to AC/Vegas or another card room and gamble. I don't know really (and I'm not advocating for anyone to fail to pay their debt) but FTP is looking like complete idiots here. There's got to be more that the public doesn't know about with what's really going on.

My only guess is that the rumors/stories are probably true that FTP already received the deposits from their processor, and that the processor is the one who is SOL. FTP isn't significantly caring about the deposits because they've already received the money, and these recent debits are just extra money for them.

That's the only way I can make sense of this situation with the info we all have now.

Perhaps FTP isn't debiting a number of players' bank accounts for back deposits right now because they're spacing them out so as not to tip off the authorities.

I feel like calling my bank and talking to someone about online transactions (in general, obviously not mentioning online poker) and inquiring about the time limit for them. Such as asking how long an entity has to debit my bank account after I purchase an item online, before they simply can't debit it anymore. I'd probably bring up how a check gets stale-dated after 6 months (meaning it needs to get re-issued) so how long before an online transaction gets "stale-dated". I'm a little bit wary of asking such questions, but if I'm vague maybe it won't be a problem to ask.

I still haven't received any emails about them coming for deposits, and I have a bunch dating back to November. I am curious as to how they are deciding who to debit, and who not too.

And also about the last point, I realize everyone keeps bringing up that point, and it makes sense. What I don't understand is, wont FTP just reissue the check and make that argument invalid? I mean, if this was a small company, I would agree eith you. But I keep thinking they will just mass re issue all the e checks and come for their money.

Unless...like you said, FTP has their money, and it is the processor that is out of luck.

Pretty stupid. Not even any recent deposits within a month have cleared...And with my bank transfer and wire withdraw option removed, I am down to checks, and I refuse to do that. I stopped playing at FTP. Which, for player like me, means nothing to them since I am one of the casual players that plays as recreation. I am the guy you want depositing. I think that is one of the major downsides is all the regs are going to start loosing the casual fish.

Yeah the removal of bank transfer and bank wire is a problem. I would definitely not be surprised if a check from FTP bounced now. It's a sad state we're in right now, maybe it will get better. Who knows really..

I'm guessing that FTP could just re-issue the e-deposits even if it's past the time-frame for them to "legally" do so (I have yet to inquire with my bank about this caveat). Someone could always just dispute the charges with their bank, get their money back, and then get banned from FTP.

So I guess that's what FTP holds over people that an online retailer doesn't. You pay an online retailer for a product, you receive it, but they don't debit your bank account for 7 months lets say. 7 months later they re-issue the transaction somehow and you can dispute it AND keep your product. It doesn't work like that with FTP, they would just ban you by preventing you from playing on FTP until you pony up the dough to make your balance $0.00 again.

I like the theory that the processors are the one getting stiffed right now by these ******ed laws and not full tilt.. its nice to know at least that fulltilt has all funds if indeed that is the case, but my only question is why would i still be able to deposit, which i can, with a processor that suposably cant get funds from my bank..just like everyone else i have deposits uncleared since nov. and have been so called freerollin since that time , i have made several deposits and have the money in my bank account and also finally enough in my ftp account to cover my deposits also...So im really not worried about the uncleared deposits now im finally worried about withdrawls, since i finally have fuunds to withdraw..No wires no xfers and i dont wanna deal with paper checks..Will we ever be able to go back to the way it was...damn i hope so

I know someone who has almost $50k that has been deposited to a closed bank account- can anyone top this?

I'm torn on this: on the one hand, it could be good that FTP may not really have any vested interest in pursuing these outstanding deposits. On the other hand, if the 3rd party processor is "holding the bag" this could actually be worse from a collections standpoint.

Would the 3rd party processor be more sophisticated than FTP in terms of collections (good bet)? Messing with your credit report is a 7.5 year commitment, trust me. Charges can be coded as anything - just ask guys that charge an escort service to their expense account as 'dinner/entertainment'.

Just thinking out loud.

well i would think the only way a collection agency would get involved is if u try and stiff the processor, if thats even the case..This will definatly be intresting

Oh my goodness, nobody on here would ever DREAM of stiffing the processor. Perish the thought.

Are you kidding... you think the payment processor in question, who just got ~$30 million forfeited/seized in a plea deal with the DOJ are in any position to try and 'collect' from anyone if in fact it is them 'holding the bag' rather than FT (which I doubt)??? Wow.

man i just wanna withdraw..

How about this situation:

My two deposits that were never withdrawn from my bank account for $1200 are from my savings account at Bells Largo. I've had enough of .05% APY interest, and finally moved my 6 month emergency funds into a high yield account (1.15%) LOL NOT EVEN HIGH. I closed my savings account at wells fargo so I don't get hit with fees for not maintaining a balance. I self excluded myself for 6 months from FTP and can't log in until July.

WHOOPS.

Newsflash, Sweetheart, the government doesn't own the finance industry; it's the other way around. ooohhh, the big bad DOJ. LOLOLOL.

You would think so considering we are starting to run up to the 6 month point for some people on their deposits, but I would trust ftp one bit. Keep an eye on your account.

The real damning thing on this topic is that ftpsean and ftpdoug have never once popped in to mention anything in this thread, but however if you mention ftp anywhere else on 2+2 they usually appear. This thread has been on the front page for several months and not one peep from anyone related to ftp.

Just rampant speculation by a bunch of posters.

Newsflash for YOU sweetheart, regardless of what you say DOJ is seizing money from the processors and shutting them down or are the problems in this thread and about a million more on 2+2 just figments of people's imagination?

Lmao, (I think) they can't even e-mail/contact you at all if you self exclude.

FTPDoug probably isn't allowed to post what he knows about the topic.

Has anyone been successful in getting them to deduct outstanding deposits from your poker account without first trying to charge their bank?

like i said WHOOPS. Not 100% intentional, but it is what it is. It was nice playing on FTP, but Stars will be just fine.

has anyone from new york's deposits gone through?

Lol, I think you should be asking if anyone in the US has had deposits go through.

That's awesome! I know of someone bumping half that.

just made a echeck deposit monday already hit my bank today ... my online statement says
"Web Authorized Pmt Ftilt"

Wow getting brave

but where do u live

got a new email today letting me know another old deposit will be taken in 1-3 days so I don't think they are done or forgetting about it, just wanted to let you all know

the old deposit they are said to be taking is it ur oldest ur newest or somewhere in between.....and what state