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FTP Remission Issues Thread ONLY. No polititard or history derails please. FTP Remission Issues Thread ONLY. No polititard or history derails please.

01-22-2014 , 10:40 PM
Quote:
Originally Posted by zachvac
Why would it take a few weeks? What left is there for the doj or gcg to even do? Wasn't that the last step before the doj signing the check, sending it to gcg, and gcg being able to send money to us?
Zach with the logicbomb. Makes me laugh when you think about how simple that is, and yet it's still a complicated step.

Quote:
Originally Posted by PPAdc
The DoJ audited and approved the claims collected by GCG. The onus is now on GCG to remit the funds to players. I don't know their payment process and it very well could be days, not weeks.

John A. Pappas
PPA
Well either way:
FTP Remission Issues Thread ONLY. No polititard or history derails please. Quote
01-22-2014 , 10:57 PM
With this new development I will be checking my bank account every day and letting the people in this thread know the results.

Last edited by BigBiceps; 01-22-2014 at 10:57 PM. Reason: Might not check Sundays, ACHs don't go out then.
FTP Remission Issues Thread ONLY. No polititard or history derails please. Quote
01-22-2014 , 11:07 PM
Quote:
Originally Posted by mucksandgravs
omg omg omg

its happening guys
Gravs for everyone C !!!!!
FTP Remission Issues Thread ONLY. No polititard or history derails please. Quote
01-22-2014 , 11:26 PM
How much was set aside total? 180 million? If undisputed claims get sent first is it possible the disputed claims will be paid at less than 100%?
FTP Remission Issues Thread ONLY. No polititard or history derails please. Quote
01-22-2014 , 11:47 PM
Quote:
Originally Posted by Wilbury Twist
So $82 million in undisputed claims. What was the total amount Full Tilt had filched from U.S. players? Something like a half-billion? How much of the remaining amount are tied up in disputed claims? That's a helluva lot of people still waiting for their money.

Don't get me wrong, I'm glad I'm in that $82 million but I feel for those who will have to continue waiting.
No, the total amount outstanding to US FTP customers is guesstimated at $150M, not a half-billion. $82M is far above what I thought might get claimed and paid, and that doesn't include any disputed claims or players marked as affiliates. So it's looking pretty good for most US players to being properly reimbursed, imo.

Still no sign of clawback from uncollected FTP deposits from US players. Seems like that isn't on the DOJ's radar. Guess those thieves (the ones who did it intentionally, to the tune of seven or eight figures collectively) are going to get away with it. Wonder if those names could be outed through the FOIA - the DOJ does have much of the FTP records.
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01-23-2014 , 12:07 AM
Quote:
Originally Posted by 2Pretty2Lose
its borderline realistic that disputed/affiliated/pro claims are sitting here this time next year...
Based on what?
FTP Remission Issues Thread ONLY. No polititard or history derails please. Quote
01-23-2014 , 12:24 AM
We're getting paid in Feb then. My horoscope was correct. I do this yearly ritual of looking up my chinese zodiac around new year time and for 2014 it says to expect extra money in Feb 2014...yay!
FTP Remission Issues Thread ONLY. No polititard or history derails please. Quote
01-23-2014 , 12:30 AM
Quote:
Originally Posted by PPAdc
The DoJ audited and approved the claims collected by GCG. The onus is now on GCG to remit the funds to players. I don't know their payment process and it very well could be days, not weeks.

John A. Pappas
PPA
FTP Remission Issues Thread ONLY. No polititard or history derails please. Quote
01-23-2014 , 12:43 AM
Quote:
Originally Posted by Kowalski
Based on what?
That's it's taken them so long to do the easy ones...
FTP Remission Issues Thread ONLY. No polititard or history derails please. Quote
01-23-2014 , 12:45 AM
Quote:
Players with undisputed claims should be looking for an email from Garden City Group within the next few weeks with instructions on how to receive their payment.
Hmmm from this wording it sounds like we're going to have to actually take some sort of concrete step to authorize the payment i.e. the money won't just show up in your bank account. Time will tell I suppose.
FTP Remission Issues Thread ONLY. No polititard or history derails please. Quote
01-23-2014 , 12:56 AM
im going to miss checking this thread every other day.

edit: who am i kidding, everyday.
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01-23-2014 , 02:00 AM
now that this is finally come to an end, i would like to get a few things off my chest.

most of this is from the old thread, but i want to FU to some people.



**** YOU HARRY DEMET, blizzuff and hie emo bull**** about how people should be rational actors; take your dick riding gazelle and shove it up your ass. FU to the guy that wanted to fight me at foxwoods, which may have been blizzuff, everyone that made me change my avatar, and last but not least


lying mothe****er *********** "i've sold companies worth 5000million, so my opinion matters more than yours" markksman

**** YOU!


Last edited by aggo; 01-23-2014 at 02:07 AM.
FTP Remission Issues Thread ONLY. No polititard or history derails please. Quote
01-23-2014 , 04:26 AM
Quote:
Originally Posted by aggo
now that this is finally come to an end, i would like to get a few things off my chest.

most of this is from the old thread, but i want to FU to some people.



**** YOU HARRY DEMET, blizzuff and hie emo bull**** about how people should be rational actors; take your dick riding gazelle and shove it up your ass. FU to the guy that wanted to fight me at foxwoods, which may have been blizzuff, everyone that made me change my avatar, and last but not least


lying mothe****er *********** "i've sold companies worth 5000million, so my opinion matters more than yours" markksman

**** YOU!

quoted for frogs
FTP Remission Issues Thread ONLY. No polititard or history derails please. Quote
01-23-2014 , 04:34 AM
After reading every post, in every FTP thread, over the past few years, all I have to say is, it's gonna be hooker and blow February in NJ.
FTP Remission Issues Thread ONLY. No polititard or history derails please. Quote
01-23-2014 , 06:04 AM
hopefully those who somehow messed up their claims won't be bunched in with the rest of the disputed claims class. Although I'm not sure how you could mess up the application at all.
FTP Remission Issues Thread ONLY. No polititard or history derails please. Quote
01-23-2014 , 08:53 AM
Quote:
Originally Posted by ScreaminAsian
if doj sends me all your remissions (as per the memo instructions i sent them), i'm not giving it back.
Don't make me send the lizard man in the leisure suit to collect my 1 bi
FTP Remission Issues Thread ONLY. No polititard or history derails please. Quote
01-23-2014 , 10:09 AM
Put me down for February 14th for payments occurring - how fitting would it be to have poker shut down on Tax Day, but payments made on Valentine's Day?

If so, this will be me all day long: http://www.youtube.com/watch?v=sZHCVyllnck
FTP Remission Issues Thread ONLY. No polititard or history derails please. Quote
01-23-2014 , 10:16 AM
Quote:
Originally Posted by aggo
now that this is finally come to an end, i would like to get a few things off my chest.

most of this is from the old thread, but i want to FU to some people.



**** YOU HARRY DEMET, blizzuff and hie emo bull**** about how people should be rational actors; take your dick riding gazelle and shove it up your ass. FU to the guy that wanted to fight me at foxwoods, which may have been blizzuff, everyone that made me change my avatar, and last but not least


lying mothe****er *********** "i've sold companies worth 5000million, so my opinion matters more than yours" markksman

**** YOU!

FTP Remission Issues Thread ONLY. No polititard or history derails please. Quote
01-23-2014 , 10:59 AM
So that's what 3yrs of pent up anger looks like in a post.... I approve
FTP Remission Issues Thread ONLY. No polititard or history derails please. Quote
01-23-2014 , 11:14 AM
I'm going to wait to release any joy or pent up emotion until I actually see the money in my bank account.
FTP Remission Issues Thread ONLY. No polititard or history derails please. Quote
01-23-2014 , 12:00 PM
Taking the PPA's post with a grain of salt. According to them Poker legislation would of been passed years ago. FTP was solvent, we were suppose to be paid back months ago. ect ect ect. If GCG has its way they will hold that money for as long as they can as to collect interest off it.My guess would be in sometime late March, like GCG said.
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01-23-2014 , 12:14 PM
Here's an article with mostly stuff we already know, but nevertheless:

http://www.pokerupdate.com/news/the-...proved-by-doj/
FTP Remission Issues Thread ONLY. No polititard or history derails please. Quote
01-23-2014 , 12:33 PM
Quote:
Originally Posted by PokerXanadu
No, the total amount outstanding to US FTP customers is guesstimated at $150M, not a half-billion. $82M is far above what I thought might get claimed and paid, and that doesn't include any disputed claims or players marked as affiliates. So it's looking pretty good for most US players to being properly reimbursed, imo.

Still no sign of clawback from uncollected FTP deposits from US players. Seems like that isn't on the DOJ's radar. Guess those thieves (the ones who did it intentionally, to the tune of seven or eight figures collectively) are going to get away with it. Wonder if those names could be outed through the FOIA - the DOJ does have much of the FTP records.
I remember it being discussed but could you maybe share the best materials regarding it?

ty in advance if possible
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01-23-2014 , 01:08 PM
Never mind, found them
FTP Remission Issues Thread ONLY. No polititard or history derails please. Quote
01-23-2014 , 01:20 PM
Quote:
Originally Posted by BigBiceps
With this new development I will be checking my bank account every day and letting the people in this thread know the results.
I can't wait until payments start trickling out. This thread will be hilarious.

MA BoA- $2,000.78---not received
NV Chase- $1,128.92----received
MD Citi- $1million---not received

and the countless other pointless updates people will post to try to come to some type of conclusion. We went through it with the emails, we could have put together a virtual map with all the I got it, i didnt get it, I have gmail, I have hotmail, i had rakeback etc.... Should be fun!
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