Bodog's Phillipines CS office Raided - Poker News

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Bodog's Phillipines CS office Raided

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11-21-2013 , 08:13 AM

Gamester454

banned

Join Date: Nov 2013 Posts: 2

Hey, can anyone pls confirm. I heard from a source that Set of Bovada's offices in the Philippines and United States have been raided today. Got investments in that company.

11/21 Update from CalvinAyre.com

Last edited by Kevmath; 11-24-2013 at 04:01 PM.

11-21-2013 , 08:30 AM

Hood

Carpal \'Tunnel

Join Date: Apr 2004 Posts: 6,887

Well CalvinAyre.com just reported that Philippines offices raided, so I guess that part is true. I doubt Bodog has offices in the US though.

http://calvinayre.com/2013/11/21/bus...e-philippines/

11-21-2013 , 09:05 AM

NerdSuperfly

veteran

Join Date: Nov 2010 Posts: 2,172

Quote:

Originally Posted by Hardhitter111

I heard that Calvin the founder, has been organizing numerous “dummy” corporations in the Philippines as part of his on-going efforts to fully relocate the base of his world-wide illegal gambling and money laundering operations in the Philippines.

Quote:

Originally Posted by Gamester454

Nooooooooooooooooooooooo way. Gotta move out my money from the company. But if they are already close, how will I be able to that.

in b4 another unknown/new poster claims he has better investment tips, posts links to dubious websites and thread gets closed ...

11-21-2013 , 09:51 AM

LOLz

newbie

Join Date: Nov 2012 Posts: 33

Pleassssseeeee nooooooooooooooooo I can't have another Black Friday

11-21-2013 , 10:28 AM

dragonfang1

banned

Join Date: May 2012 Posts: 186

Is this serious? Should I be cashing out?

11-21-2013 , 10:35 AM

YouRtheRake

banned

Join Date: Sep 2013 Posts: 21

It's Bodog Asia office!!!!!!

11-21-2013 , 11:05 AM

elbuerro

journeyman

Join Date: Jul 2010 Posts: 380

Quote:

Originally Posted by dragonfang1

Is this serious? Should I be cashing out?

what a stupid question, if you still could cash out, then yes

11-21-2013 , 11:09 AM

-sham-

old hand

Join Date: Jan 2009 Posts: 1,751

i picked a bad month to bink the 100k. ****.

11-21-2013 , 11:23 AM

3BetBluffing

banned

Join Date: Aug 2013 Posts: 992

I thought Bovada and Bodog were separate entities???

11-21-2013 , 11:26 AM

#10

-sham-

old hand

Join Date: Jan 2009 Posts: 1,751

Quote:

Originally Posted by 3BetBluffing

I thought Bovada and Bodog were separate entities???

Bodog is the network, Bovada is the client servicing USA

11-21-2013 , 11:31 AM

#11

Hood

Carpal \'Tunnel

Join Date: Apr 2004 Posts: 6,887

Not sure there's a need for such panic quite yet

11-21-2013 , 11:35 AM

#12

Six Finger Nate

old hand

Join Date: Jul 2008 Posts: 1,623

It's Bodog Asia, not Bovada according to the article.

Also, the article says its local police...that's a far cry from a concerted governmental seizure.

11-21-2013 , 11:36 AM

#13

JimBobCooter

banned

Join Date: Oct 2013 Posts: 32

Anybody tried cashing out? Has everything been frozen?

11-21-2013 , 11:43 AM

#14

3BetBluffing

banned

Join Date: Aug 2013 Posts: 992

Quote:

Originally Posted by Hood

Not sure there's a need for such panic quite yet

11-21-2013 , 11:44 AM

#15

DaycareInferno

Carpal \'Tunnel

Join Date: Jun 2007 Posts: 18,285

Quote:

Originally Posted by Hardhitter111

dragongfang1- I just did pull out from them. better to be safe. And to help other gamers. Lets spread the word. This is really alarming.

Spread what word? Afaik, no one really knows what's happened or how big of a deal it is yet.

11-21-2013 , 11:51 AM

#16

rpeezy

grinder

Join Date: Dec 2007 Posts: 496

if this were a big deal, then Calvin Ayre himself wouldn't be the one issuing the "press release" of sorts. He'd say nothing until he had to...and not be the one breaking the story.

11-21-2013 , 11:54 AM

#17

Pokerlogist

veteran

Join Date: Jul 2005 Posts: 3,302

The new poster seems to be giving a false report. A disgruntled player or disgruntled employee is plausible here.

This is a story only about embezzlement in a Bodog local office in the Phillipines. The news story doesn't mention the US at all and doesn't mention the Bovada company which has a different owner and is located in a different country. Neither company is known to have any offices in the US.

11-21-2013 , 12:02 PM

#18

JohnFR

veteran

Join Date: Feb 2005 Posts: 3,365

Gamester454
Hardhitter111
Hardhunter555

All seem extremely suspicious to me, all 3 Nov 2013 creation of accounts, 2/3 Gamester's total posts in this thread, 3/3 Hardhitter's total posts in this thread and Hardhunter555's only post in this thread.

Two of them mention investing in the company(do they mean depositing?), it seems a weird way to phrase it.

All 3 trying to convince people this is a HUGE deal, without any real evidence that this is anything at all that Bodog was even worried about, I mean FFS they are the ones that were the first to report it.

11-21-2013 , 12:06 PM

#19

CobaltBlue

adept

Join Date: Oct 2009 Posts: 754

Quote:

Originally Posted by Hardhitter111

Very familiar situation that happened to Full Tilt, with no money being paid out...I think they are going bankrupt

Not this at all. They're one of the best in the business at paying out and have been for many years. Stop your fear mongering and rumor creation.

11-21-2013 , 12:10 PM

#20

KidKash

adept

Join Date: Jul 2006 Posts: 958

Quote:

Originally Posted by CobaltBlue

Not this at all. They're one of the best in the business at paying out and have been for many years. Stop your fear mongering and rumor creation.

+ 1 mirryon

11-21-2013 , 12:13 PM

#21

TensRUs

I need a hug

Join Date: Jan 2011 Posts: 5,578

Quote:

Originally Posted by JohnFR

lol I'm so stupid, thanks for this

Posters are hired by ACR ldo

11-21-2013 , 12:15 PM

#22

timfbmx

veteran

Join Date: Feb 2009 Posts: 3,227

11-21-2013 , 12:17 PM

#23

karmageddon

grinder

Join Date: Jun 2012 Posts: 428

Quote:

Originally Posted by JohnFR

From the linked article:
"The timing is no coincidence as three more charges were laid today against Gustafsson, Sherwin Quiambao, Arleen Aldaba and Patrik Selin."

Hmm, I wonder who these new posters could be ...

11-21-2013 , 12:47 PM

#24

mindgames911

centurion

Join Date: Jun 2012 Posts: 137

wow what a troll thread by OP

11-21-2013 , 12:50 PM

#25

SGT RJ

Twitching

Join Date: Feb 2009 Posts: 49,109

Well none of those posters share IP address at least.

However JohnFR raises a pretty good point.

While there is always a risk in playing from the US, given what we currently know I don't think a bank run is necessarily warranted. If you have a ton of cash on there removing the bulk would certainly be prudent, but I think that's true of any site at this point.

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