Quote:
Originally Posted by e1cnr
When a ponzi scheme self-destructs, they usually get charges filed against the operator(s), file bankrupcy, and a bankrupcy receiver trys to get back money that has gone out of the operation for the past 6 years - as they feel all money recieving victims were benefitted as well.
I was kinda shocked when I first heard this.
Even poorly run companies that have filed bankrupcy have similar possibilities, but for a much shorter period of time. Imagine you were selling gold bullion to a company that goes under before your last payment. Not only are you out that payment, but previous payments may be on the line for the last year as well.
I guess I am glad, that I was only using one poker site for entertainment and never got any checks from them, just a couple t-shirts from my points..
They can t go after poking winnings from fulltilt site.
And they will never collect all the missing money. the only questions left is, how much is money on FT worth. 30 cents on the dollar, 50 cents?