I just got 2 payouts at once, one from April 22nd, one from May 3rd, I'm also from EU

Got my first cash out today, Im european.

So Cereus goes away, is rebranded and only those who bother to research its past will know what happened? Kind of like AP/UB now? Nooooooooooooooooooooo

I am going to make it my personal mission to let everrone know they used to be Cereus. All out Guerilla warfare. Who's with me? They are poker cancer, they cannot be allowed to survive...

have any U.S player been paid yet?

using the same amount of time you took to type that question out, you could have figured this out for yourself.

I wouldn't worry about it. You have protection against unauthorized charges, so should get your money back if that happens.

zomg don't you know the real rate is 0.15c!!!!1

Can someone PLEASE post current cliffs for what is happening with UB?

I withdrew 2500 on Apr 13th, The cheque looked to have cleared on the 19th only for me to receive the cheque in the mail yesterday with a statment from my bank saying there were insufficient funds available.. The money has not been returned to my ub account and has essentially disapeard.

This is f***ing brutal... I bought a car with that money and now Im in a rough spot for cash . And UB wont respond to any of my emails.

I live in canada if that has any impact.

lol @ "I bought a car with [fake UB] money"

IF they handle this current situation well (and although it is not looking too bad right now, that is still a big "if") don't they deserve a second chance?

"second chance"? cereusly?
How many second chances can one company have?

From Asia and have not received my first payout via moneybookers. Requested more than a week ago.

I don't think it's 15c any more - recent payouts and news will easily push it up. I don't know if it's 85c yet but he definitely should ask for a better rate than 15c.

Well I am not sure if they messed up their second chance. After this situation is resolved I guess we will know how much Cereus is to blame for it.

The idea they should be given a second chance as a legitimate company is laughable if you know anything about their history.

Anyone think it's curious that Cereus released a statement indicating they've reached an agreement with the DOJ but the DOJ hasn't?

LO****ingL

They messed up their second chance years ago. And their third, fourth...I honestly have no idea what number they're on.

@Joesebok:

So it definitely looks legit.

I imagine it takes a short while for DOJ to prepare a statement, but now is definitely a great time to sell your UB$

Someone retweeted this link:

http://www.marketwire.com/press-rele...ce-1512766.htm

Ok, it seems as if I don't know about half of their scandals...

How would you see money in the process of being paid out? It would not be hard to figure out the payout AP said had been submitted was my money I would assume.

If at all possible always take a check that size to the bank that issued it and cash it.

I can try and post cliffs/thoughts but it will be a tldr, here it goes:

- Payments for cashouts prior to Black Friday start to get cancelled and restrictions for cashouts start at $250 per week maximum to try and control the exodus of players. Pokerscout reports that UB has lost over 75% ish of their traffic within a week of Black friday.

- After losing about 78% of their traffic AP/UB decided to fire 95% of their staff, most of them employed by IDS in Costa Rica, offices where shut down and they apparently moved their stripped operation to a house, all promotional work, merchandising, freerolls etc is suspended without notice to affiliates, several affiliates/rakeback sites claim to have received no payment from UB/AP for a while, Blanca claims to have rehired 20% of their original staff.

- Rumors start to spread about Blanca Games filing for bankruptcy, players freak out and start offering selling their bankrolls for as low as 20c on the dollar, Blanca releases a statement that the rumors are false and in fact the one filing for bankruptcy is Madeira Fjord, a debt holder ( for over $250 million US) of AP/UB after learning that Blanca was to stop payments on such debt and terminating their relationship.

- 2+2 got wind ( thanks to Haley's blog) of an internal UB email that accused Blanca (owner of AP/UB) of not paying employees over $2,700.000 in severance packages and May payroll/expenses. such email was signed by Olman Rimola, owner of IDS who amongst other things threatened Paul Legget with going to the US embassy and spilling the beans about the whole UB operation and money processing.

- Blanca accuses Rimola of misappropriating the funds and states they made the transfers to IDS accounts, news of this scandal hit the media, OIJ ( like an FBI in Costa RIca) raids several offices and the houses for Rimola, Scot Tom and others, they even raid Pokerstars offices in Costa Rica.

- Players freak out even more after this, coincidentally info starts to surface about cashouts being processed for some players, tons of new posters on 2+2 claim to have received even more than one cashout, some very respected posters start to receive theirs too, at the same time AP/UB raises the $250 dollar per week maximum to a $500 for most payout options and $1000 for Visa withdrawals (not available in a lot of countries).

- After this news players start to feel more confident that they will indeed get their money soon, on the other hand some players still struggle to get any cashout approved, some players start to get their emails from UB to the junk folder, not a big deal except after 2 days Gary Wise reports that finally AP/UB has reached an agreement with DOJ to release the .com domains, announce the official exit from AP/UB from the US market and to see that the funds for US players are paid.

- Euphoria strikes on 2+2 after reading this news, people start offering their UB funds for as high as 85c on the dollar( more than double what they were selling for), some 2+2 posters start to second guess the press release and state that they wont believe until the DOJ makes a statement about it, some point out that the so called good news were in fact not so great, Blanca's statement said even tho they were working on paying people their monies that didnt mean the payments were being made any time soon since they still faced a ton of legal issues that needed to be solved before such payments were made.

- Not more than a few hours later GW reports that the deal was not indeed signed yet and that perhaps it would be signed the next day since it was not finalized yet, this seems to have very little effect on people's spirits about this whole deal, yet UB/AP is still not processing a ton of cashout requests ( one of mine is still pending since the 19th and i had several cancelled), Chipleader (their affiliate site) has stopped tracking players activity and rumors that they are completely insolvent have started to spread again

With in 5 years this will be a movie starring Vince Vaughn, Owen Wilson, George Clooney, Zack Galifianakas, Scarlet Johanson and Jennifer Lopez.

I am going to laugh my ass off when Cereus makes players whole before Full Tilt. For all the crap and mistakes and embarrasement this company has been. Over the years I have always got my payouts faster and easier than Tilt and "IF" it happens in this situation I will find it laughable.

The funny part is if there intention all along was to payout and do what is needed they really missed a real opportunity to show the company has changed and possible gain some international market share. By simply being open honest and expediant with information.

Instead they have taken every step to make them look like the shady crooked company most believe they are. Who knows if we see our money but I can imagine the faces of the Tilt folks in Cereus gets paid and they dont.