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Poker Player indicted in  million fraud collection scheme Poker Player indicted in  million fraud collection scheme

11-02-2016 , 10:12 AM
i love how this donk is described as a poker pro
Poker Player indicted in  million fraud collection scheme Quote
11-02-2016 , 12:49 PM
Quote:
Originally Posted by Yumbula
For a bunch of parasitic poker players you guys really have some skewed interpretations on morality.
My morals say if I owe money, I should pay. Especially if I can pay. Obv he collected money so people had money to pay. So they were holding out looking for a free ride until they got threatened, then money appeared. How am I suppose side with them morally?
Poker Player indicted in  million fraud collection scheme Quote
11-02-2016 , 01:02 PM
You're a dumbass.

Most people who end up in debt and default on their unsecured loans aren't willingly doing so. They either face medical catastrophe, family tragedy, loss of work, addictions (gambling for example).

So you think it is morally correct to buy up a junk debt for fraction of the cost, then illegally threaten already broke(n) people with criminal action. No **** they might have found the money to pay being scared of jail when they are already at their worst. It is no surprise that 3 major US banks have collected 6 BILLION dollars in Overdraft fees from consumers when an average paid OD amount is $10, while the fee is $35. The whole system is ****ed beyond belief, get real.
Poker Player indicted in  million fraud collection scheme Quote
11-02-2016 , 01:26 PM
Looks like the judge flipped his cards over


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Poker Player indicted in  million fraud collection scheme Quote
11-02-2016 , 01:31 PM
Quote:
Originally Posted by MonkeyMonkey
You're a dumbass.

Most people who end up in debt and default on their unsecured loans aren't willingly doing so. They either face medical catastrophe, family tragedy, loss of work, addictions (gambling for example).

So you think it is morally correct to buy up a junk debt for fraction of the cost, then illegally threaten already broke(n) people with criminal action. No **** they might have found the money to pay being scared of jail when they are already at their worst. It is no surprise that 3 major US banks have collected 6 BILLION dollars in Overdraft fees from consumers when an average paid OD amount is $10, while the fee is $35. The whole system is ****ed beyond belief, get real.
big lol@ throwing in gambling addiction as a legit reason not to pay back debts
Poker Player indicted in  million fraud collection scheme Quote
11-02-2016 , 03:10 PM
Quote:
Originally Posted by borg23
big lol@ throwing in gambling addiction as a legit reason not to pay back debts
Gambling addiction is a disease. That 3-5% of gamblers (the problem ones) have the highest rate of suicide than all of addictions combined. So, if someone becomes sick and ends up in complete financial ruin (which once again is the addiction that has the most dire financial consequences), do you think they deserve to be threatened by criminal action by some **** breaking the law and doing the most immoral thing in the first place.

I understand that illness or other tragedy can't be controlled while choosing to gamble is a choice, however there is no difference between a heroin addiction or gambling, it destroys your life above and beyond.

Finally, we are not talking about personal debts, we are talking about debts to a financial institution who is willing to lend based on your credit history, if you don't pay those debts back, you are already facing grave consequences such as destroyed credit score, lawsuits, liens, job loss and wage assignment. That is not punishment enough?
Poker Player indicted in  million fraud collection scheme Quote
11-02-2016 , 03:26 PM
Is this why I stopped getting collection calls from my debt from the 90's?
Poker Player indicted in  million fraud collection scheme Quote
11-02-2016 , 03:30 PM
Quote:
Originally Posted by onemoretimes
My morals say if I owe money, I should pay. Especially if I can pay. Obv he collected money so people had money to pay. So they were holding out looking for a free ride until they got threatened, then money appeared. How am I suppose side with them morally?
What you don't realize is there are statue of limitations for these so call debts. What these shady people do is they buy debts that are way over the statue of limitation and try to collect by harassment. They know it's illegal but they do it anyway. So please stop with your morality nonsense.
Poker Player indicted in  million fraud collection scheme Quote
11-02-2016 , 03:32 PM
Lol at him crying multiple times when hearing that he was being sentenced for his crimes whilst pleading guilty.
Poker Player indicted in  million fraud collection scheme Quote
11-02-2016 , 03:56 PM
I really hope Columbia House doesn't come after me for those CD's.
Poker Player indicted in  million fraud collection scheme Quote
11-02-2016 , 04:29 PM
Travell played at my poker room in Niagra falls. Was loud and obnoxious but was a nice guy. Hope they are lenient with his sentence.
Poker Player indicted in  million fraud collection scheme Quote
11-02-2016 , 04:51 PM
Quote:
Originally Posted by Evil Empire36
Travell played at my poker room in Niagra falls. Was loud and obnoxious but was a nice guy. Hope they are lenient with his sentence.
No, he isn't a nice guy. At all. He is a POS, in fact he might be the absolute definition of a POS.
Poker Player indicted in  million fraud collection scheme Quote
11-02-2016 , 04:53 PM
Quote:
Originally Posted by Evil Empire36
Travell played at my poker room in Niagra falls. Was loud and obnoxious but was a nice guy. Hope they are lenient with his sentence.


He scammed people. Immediately dismisses him from being s nice guy


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Poker Player indicted in  million fraud collection scheme Quote
11-02-2016 , 09:31 PM
Quote:
Originally Posted by bpb
The only thing worse than debt collectors are filthy deadbeats that don't pay their bills.
I both resent and resemble that remark.
Poker Player indicted in  million fraud collection scheme Quote
11-02-2016 , 09:44 PM
Quote:
Originally Posted by AdamSchwartz
No, he isn't a nice guy. At all. He is a POS, in fact he might be the absolute definition of a POS.
Which part makes him a POS? Table manners or his business manners? Because doesn't sound like he didn't say or do anything that anyone had said or done or would have done to anyone at Full tilt. Me I was a deadbeat a couple of times. I have good sounding excuses for it but, still I took money from people (a company) and didn't pay it back. I can whine and say that they were mean to me and made me sad when they tried to get me to pay it back but, I still kept the money. Debtor protection laws are mostly just to protect deadbeats, like me, from hurt feelings. Full tilt taught a lot of people what it is like to be owed money. Now in this case it looks like he did cross the line so ya he's going to jail. But I hold nothing against debt collectors.
Poker Player indicted in  million fraud collection scheme Quote
11-02-2016 , 09:55 PM
Total piece of **** at the poker table. Good to not see him on the east coast anymore.
Poker Player indicted in  million fraud collection scheme Quote
11-02-2016 , 10:50 PM
Poker Player indicted in  million fraud collection scheme Quote
11-03-2016 , 01:43 AM
Welching on a loan is tantamount to theft.
Poker Player indicted in  million fraud collection scheme Quote
11-03-2016 , 03:30 AM
NEW YORK (AP) — One of the nation’s top card players lost his poker face on Tuesday while pleading guilty in a $31 million debt collection scam.
Poker Player indicted in  million fraud collection scheme Quote
11-03-2016 , 03:58 AM
If I paid somebody money that had lied about what the payment was actually supposedly applied am I still responsible for the original debt in full? According to some posters I could very well be. If my plan is to NEVER repay the original debt but am willing to pay the "con" payment then they are under no obligation to apply said credit to the original debt...no? Thus, this has to be illegal by these standards. Remember, my payment was never repped as applying to my debt, only the supposed phony excuse that I needed to clear another more pressing issue. Now, THAT is a con.
Poker Player indicted in  million fraud collection scheme Quote
11-03-2016 , 04:06 AM
If I paid somebody money that had lied about what the payment was actually supposedly applied am I still responsible for the original debt in full? According to some posters I could very well be. If my plan is to NEVER repay the original debt but am willing to pay the "con" payment then they are under no obligation to apply said credit to the original debt...no? Thus, this has to be illegal by these standards. Remember, my payment was never repped as applying to my debt, only the supposed phony excuse that I needed to clear another more pressing issue. Now, THAT is a con.
Poker Player indicted in  million fraud collection scheme Quote
11-03-2016 , 07:54 AM
Quote:
Originally Posted by borg23
big lol@ throwing in gambling addiction as a legit reason not to pay back debts
A lot of addiction can get a person in debt. After all that person is a slave first and foremost. Seems like the modern world is pretty good at creating these types of slaves and keeping them in their place lol.
Poker Player indicted in  million fraud collection scheme Quote
11-03-2016 , 10:54 AM
Quote:
Originally Posted by TheLoser
Scheme seems like a weird way to label this. I assume the company bought debt and then stepped outside of the law to try and collect it. It's not like they were just straight stealing money from people.

I have a friend who did debt collection and told me quite a bit about the business. There are certain things you can and can not say to people when trying to collect so they would have to use their wording carefully.

A decent amount of people with debt simply can not repay it, threatening them with arrest etc is pretty scummy and illegal for sure...but I wouldn't call it a scam, scheme etc.
So it's scummy and illegal but you don't think it's a scam? The fact that the company purposely lied about who they were is a scheme.
Poker Player indicted in  million fraud collection scheme Quote
11-03-2016 , 12:01 PM
Scummy ****
Poker Player indicted in  million fraud collection scheme Quote
11-03-2016 , 02:35 PM
Quote:
Originally Posted by LargeMouthBass
What you don't realize is there are statue of limitations for these so call debts. What these shady people do is they buy debts that are way over the statue of limitation and try to collect by harassment. They know it's illegal but they do it anyway. So please stop with your morality nonsense.
It is NOT illegal in the United States to attempt to collect on out-of-stat paper. It IS illegal to use methods prohibited by law. However, even litigation is permissible and it is incumbent upon the debtor to raise the Statute of Limitations as an affirmative defense.
Poker Player indicted in  million fraud collection scheme Quote

      
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