Are there any points of contact on this anymore? or has everyone given up hope?

I haven't been to this forum in a long time and have 5 figures locked up, wanted to check on the status of everything.

From the looks of it, this is probably a waste of time. Thanks for your help!

Kiss that money goodbye bro.

A lot of people are in the same boat

And what he said below

perhaps everyone who didn't get paid should ask hellmuth how he got paid after black friday

Just guessing that there was no money left or what money there is remains beyond the DOJs reach. Likely the usual suspects are all beyond reach also. The subject seems to have died.

sorry OP, UgotMERKED

Phil Helmuth parted ways from the promotional side anyway before Black Friday.

He may have had part ownership (not sure if he has denied that, or admitted that), but I'd say owning part of a company worth zero $$ is not worth much.

He obviously was paid with player funds pre black Friday, as UB was broke, or had hidden their funds successfully from the DOJ.

Christmas miracle one time 😥

I know the money is gone but i would like some sort of statement from the doj at least pretending they looked into it or some sort of conclusion. I mean its pretty messed up they got all the FT ordeal organized and paid people back but they cant even give a single statement on the UB case.

he was paid after black friday according to elevengrover in this thread

http://forumserver.twoplustwo.com/29...t-ama-1561021/

elevengrover was the creator of the movie ultimatebeat http://www.doubleheadpictures.com/ which details the all-around shadiness of hellmuth and his "best friends"

This

Well, to be clear, the DOJ didn't "clear up" anything. They basically just wrote the press release that said, "well someone else is willing to pay up, so FTP people wont lose". That someone else was Poker Stars but it's not like the DOJ was going to make things right if someone else hadn't stepped in.

Not trying to defend Stars or anything, but your post made it sound like the DOJ gave everyone money out of the kindness of their hearts or something. That's far from the case.

+1

Very good answer.

Essentially its up to the DOJ to hand out the repercussions not make things right when the respondent (in this case UB) does **** all but take the money and run.

The lack of information on UB can be directly attributed to the lack of action by UB in response to this.

I agree it's frustrating but not much can be done about this.

You could try contacting them directly but your chances of an answer (or an answer you are happy with) are very low.

Also as I've said in many other threads +1 to PH being scumbag who has always had some explaining to do. Even though plenty of his nuthhggers forget this / are blissfully unaware

So did the money just end up in someone's bank account?

Is this a level?
It must be a level.
Are you not aware of Russ Hamilton?

I mean, that's basically the answer. It wouldn't surprise me if others didn't know this; by-and-large he's gotten a massive pass from the poker community. The guy is an outright thief, how he hasn't faced more repercussions - legal and otherwise - is really kind of mind boggling to me. The biggest mark is that his banner is not displayed at WSOP, but otherwise he got away with all the money.

Wow, very sad. Crazy the DOJ hasn't said a word. Sickening!

The money seized from Cereus on Black Friday was not a substantial percentage of the $50m +/- on deposit at the time. It seems that the missing funds were used to repay the UB and AP cheating scandals from deposits.

When the feds seized the 10-15% it got (I don't recall the number now) Cereus only had about 10%+/- of the deposit liabilities on hand. With no fresh deposits to float the scam coming in, it quickly collapsed. Some of that remaining money went to severance packages to Costa Rican employees.

Brent Beckley served 10 months of his 14 month sentence in prison for his role at AP. It seems he didn't ever have to state on record why the money wasn't there when the run on the bank came. Scott Tom is still at large.

The money is long gone. The government has very little of it. The best conclusion is that stiffed players paid the bill for the insider cheaters.

I Should've sold for 10 cents on the dollar when I had the chance.

I knew pstars paid ft people i guess i just worded what i was trying to say wrong. Obviously i know the doj didnt come out of pocket to pay but it seemed like they played a part in making sure stars returned the money to the ft players affected by said ponzi scheme. Anyway i still find it pretty pathetic that they cant even give any sort of statement or anything at all about ub when it seems (at least to me) they helped/made sure FT people got their money back. Im probably misinformed either way they should still give some sort of statement regarding UB.

They're in Panama. The other US based owners of UB that Scott and his buddies screwed over know exactly where he is located. It's not a mystery to them at all. They just can't do anything about it.

There were "good" owners of UB and there were "bad" owners. The "bad" owners sold the website to the "good" owners while retaining a percentage of ownership. The "good" owners lost everything just as the players did and are still here in the USA.

Oh, trust me....Russ Hamilton won't get to keep a dime.

The owners that weren't involved in the cheating sued the ever living phck out of Russ and won. The figure I heard Russ will be paying out when he was taken to court in 2009 was "6 figures a month for the rest of his life" going to the owners who had nothing to do with the cheating. But, that's small compared to what Scott Tom and his buddies ran away with to Panama. They got away with all the millions in player funds and profits on top of it and they're living it up in Panama with our money.

Just understand...a lot of the owners of UB had nothing to do with the cheating, or theft of player funds, and when player funds were stolen that simultaneously their funds were stolen, as well. That's the reality of the situation and that's why the DOJ can do phck all about it. That money was funneled into accounts located in jurisdictions within which the DOJ has no authority.

If this is true, can you please post a link and source for your claims?

I had quite a bit of money on that stupid website when it went down. Makes me sick to my stomach that they´re living like gods somewhere with our money.

I would love to put up some money and have them look over their shoulders for the rest of their life. Unfortunately i´m just a friendly poker pro with zero connections....

Jungleman if you read this hit me up, i want to hire your people !

+1 also some further evidence of claims in 2nd post and names would be appreciated

I will refrain from telling you to GTFO until then.

Maybe I'll learn something? (although I doubt it)

boned for heaps I'm hoping some day we'll get 10% or even pennies on the dollar of what we had on there

Nice thread. Think I lost $30-40 on the UB affair. Liked they provided Crazy Pineapple, remember?

Sorry for you who lost substantially. For me personally it was another fart into Sahara moneywise. Stars became my only place after selecting O8, probably for good. Action was bad on UB anyways, came back only to see Hellmuth's grinning picture, promising great bonuses, was it 102%?