Hi guys/girls
Im new to the forum and have just gotten back into playing online poker after taking a long time off it.
I recently deposited to a site only a small amount around $30 and was just playing to pass time whilst this virus is upon us.
The reason for my post is I made 2 deposits over the space of 2 weeks.
When I checked my bank transactions the deposits to said poker site weren't mentioned but 2 completely different websites in their place. This got me to go to my bank and find out more and I also went to the websites to see what they were. One was a chinese shop the other a french shop both unrelated to poker or each other.
Now I got my bank to cancel the one and not the other. A few days later the poker site contacted me to say that my money didnt go through. I had already played and lost the money by this time.
I knew something werent right so just ignored the email and I haven't heard anything since. I just left it at that.
Now the other night I started watching a few poker documentaries about black friday etc and it was after watching the one about full tilt that got me thinking even more that the site i used is money laundering as what they are doing is exactly what full tilt did replacing their name with other sites when doing the transactions.
I know I'm not going mad and this has definitely happened. Where do I go to voice my concerns about this site? If they are doing this what else are they doing ?

Let me know your thoughts and any concerns.

Thanks
hockeyman66

If you were credited the money appropriately, why would you need to cancel the deposits?

I think you have misunderstood my post.

I deposited 2 amounts on different dates played poker and lost.

Only on going through my bank I noticed 2 transactions that I did not recognise the payment receivers both different 1 chinese and another french.
Both amounts were the same and same dates as when I deposited to the poker site. They were my only transactions on each date as the bank used is only used for recreational purposes and not many transactions from it.
I never purchased anything from either site in the bank transaction.
Whether i canceled the transaction or not is not the debate, its the unknown sites being used by the poker site for where the transactions were going they were online shops not poker sites. Does it not raise a flag to you?

another chargeback scumbag

Really?
What is it people cannot understand from my post?

I deposited money I played and lost fair and square I have no issues with that.

I looked at my bank account and didnt recognise 2 transactions chinese and french ones which I know I never went to shop with.
I checked with my bank they were unrecognised transactions by myself.
I cancelled the one.
Then I had an email saying my transaction with poker site didnt go through a few days after playing.
Only payments made from my bank account were the 2 to poker site and those 2 came up as a french online shop and a chinese online shop!

Thats a red flag in my eyes guys, whats so hard for you to not understand this post and my concerns. I dont care about me losing money to poker thats not the issue.
I'm not some chargeback scumbag either whatever that is meant to mean!

Get a grip guys really this is crazy u cant see what my post is about!

Dude, it doesn't matter where the site charged your card too.. The bottom line is that when you disputed the charge knowing what it was for (but being upset about origin?) you stole money. That cash will be credited back into your bank account and the site will have to cover your losses.

It's because you are in the US using a US bank to make a deposit a US bank is barred from doing. To effect this transaction, on YOUR behalf, they use shell companies to process the credit card.

Reimburse the poker site.....

It's about you knowing exactly what your card was charged for and then cancelling the transaction anyways for some irrelevant and erroneous reason.

This is the lengths pokersites have to go to to operate in the US, and it doesn't help when scumbag players rip them off.

I'm from the UK as it goes and if you guys cannot see my point then you are all stupid! Full tilt were doing the same thing and got caught! Its money laundering plain and simple and I aint funding it!

Cannot believe people on this poker forum are happy for a company to money launder and deceive its customers yet u moan cos I supposedly stole £25 lol

GET REAL GUYS!

I never purposely looked for an excuse to cancel any payments does it not register in your heads guys?

MONEY LAUNDERING - FALSE TRANSACTIONS PUT ON BANK STATEMENTS TO HIDE EARNINGS

No supposedly about it. You definitely stole it. Sleep well at night. But, like you said....guess we're all stupid.

This is absolutely hilarious it really is! You all seem to think I have actually gone out of my way to not pay $30?

I found 2 unknown transactions a french website and a chinese website both shops in my bank statement, I questioned them and cancelled the one to find out where it came from! That is when I found out it was the poker site who had put the transaction down as

https://www.shangxibom.com/

So your telling me a well known poker site is quite ok to pretend to be a chinese shop on peoples bank statements ?

Your ignorance is mindboggling.

The U.K. requires a license from poker sites. The site you deposited in has no U.K. license. To facilitate your ability to okay, they use a fugazi site to charge your card.

You should not refer to anyone, ever, as stupid when you whine about something that shows off your ignorance amd then go out and screw the company by reversing the charges you authorized.

You haz the dumb and you're grimy on top of it. Your bank could not process the credit card since it would be against the banking rules.

Congrats, you stole $30 from a company that made it possible for your dumb ass to play on. You're a gangsta.

Yes, you're being a scumbag by charging back when losing. They cannot bill your card accurately because they need to hire shady payment processors to perform the transactions. If these payment processors did not exist, you would not have been able to play on there in the first place.

Either accept the way the game is played, or don't play it.

With that said, some of these processors are scummy also, and will either overcharge you (hoping you'll mistake it as "bank fees") or save your CC info and hit you with fraudulent charges later.

Both have happened to me multiple times, which is why I quit with credit cards for online poker and only use bitcoin now.

Conclusion:

Often the processors are scumbags, but so are you. Oh, and when you charge back, the site ends up eating it, not the processor, as they reimburse the processor for it. So you're screwing the poker site, which didn't do anything wrong.

So how am I supposed to know a poker site does this then? Am I supposed to realise that this is normal? Your just as ignorant saying this as you say I am.
I have never seen this done before so why should I know?
Am I supposed to just overlook unknown transactions in my account and leave them?
I did flagged it up as fraud for the reason I didnt know what it was then when I got an email from the poker site it made sense! I have paid the debt off this evening so scumbag I aint!
It's shady practices simple Full Tilt got caught out for the same reason!
Anyway my tiny little debt is paid so I aint no scumbag and you guys need to get a life and dont assume that everyone knows all the shady goings on in the online poker world!
I was asking a question through an experience and I got jumped on from the off instead someone could have explained what had happened so I could better understand!

Your title is what did it.

This is common for sites that enable players to join from restricted locations. What you should have done is ask the network. Now that you know, you should make things right with them. Let them know they could have been a bit more transparent with you, and others.

You got grief when you wrote it out like it was some super shady thing and 'laundering' money. You're in the U K. You, as well as Aussies, the French, and US players know very well how difficult our local govt makes it for us. Sites try to make it happen.

You vented, over reacted, and understand now. The right thing to do is let the network know why, they could have alerted you to it, and then say you want to make it right. They should, hopefully, understand tour position, give a half-assed apology, and restore your account when it is made whole.

For your own benefit, get the app for your car and enable alerts. You would have seen that a $30 charge you just placed showed up as some French company and called the company then.

You did say you knew the charges were the same time as your deposit. That was when you should have confronted them and shared your concern/displeasure.

If you're looking for a charge, the network and you conspired to circumvent your banking laws and gambling regulations. Like most other players in the U.K., you'd do it again.

Cheers for the insight. I guess seeing the full tilt documentary spooked me into thinking something wrong was going on. Thanks for the info on it all too much appreciated and apologies to anyone here if my post come across wrongly it wasnt meant to. I will contact the site today and get the heads up.

Take care and enjoy the cards

ACR will send an email explaining what the deposit will look like. The chargeback was still a low move, however all sites should inform users when the deposit might not look like what is expected. Here's a redacted copy from my deposit.

Thank you for your deposit.
The funds have been successfully processed and an amount of $[Amount Redacted] USD has been credited into your online poker account under username: [Redacted].

Your approved transaction will show up as "[Name Redacted]" on your bank statement.

If you have any questions regarding this transaction please chat with one of our representatives at Live Support.
Alternatively you can email us at [Redacted].

Enjoy the tables!

I bought bitcoin once from bread wallet directly before I learned that I can get it from cash app way cheaper. The transaction was from the UK or China I don’t remember. What does it matter I got the bitcoin that I paid for. I could care less if the charge said it was Iraq for a box of sand as long as I got what I paid for

This is not "normal", and it is not difficult at all for UK players to deposit on regulated sites (of which there are plenty).

OP seems to have stumbled upon a shady, unregulated site. Of course that is not a reason to screw them over by charging back the deposits.

To avoid this, play on regulated sites and you won't see this practice (although in some cases a charge might still be displayed as a payment processor's name instead of the site's name, but there is nothing shady about that).

Even if the site is money laundering I still think you owe them the 25 or whatever you charged back.

There were no shady goings on, or you are a troll.

lol OP thought the statement would show up as POKER DEPOSIT FOR POKER SITE

Companies operating in the USA do shady stuff to get around payment processing laws. Yes it's not ideal. But you did inadvertently rip off the site. Probably weren't trying to but that's what happened.

Just so everyone knows this debt has been paid off.
I hold my hands up to not quite understanding what was going on.
I have rightly paid what I owed and there was never any intention of ripping anyone off.
I had a service which I originally thought was dodgy/shady but after some good informative posts here I have a better understanding of the operations.
Thanks for those that informed me and to those that thought I was just con artist etc then screw you.
Have a nice day this thread has run its course and the answers have been found!

a) You should pay the money that you owed.

b) The site should not be deceiving you, or the bank, about the true destination of the money.