Reuters: Full Tilt Poker, Pokerstars and Absolute Poker charged with illegal gambling - Page 28 - Poker News

I dont know why people would take all of their money off. My last check bounced and i havent received my last 2. You probably will never see that money what good is it sitting in the cashier?

04-15-2011 , 04:52 PM

#677

Sappie22

veteran

Join Date: Oct 2009 Posts: 2,831

Could somebody keep track of all the important posts in here and put them in a seperate thread like the durrrr challenge results? I can only imagine this thread will be 25+ pages when I wake up tomorow

04-15-2011 , 04:52 PM

#678

Annamaria

enthusiast

Join Date: Sep 2010 Posts: 76

Will buy FTP cash for 50%

04-15-2011 , 04:55 PM

#679

guest1234

stranger

Join Date: May 2008 Posts: 13

http://img687.imageshack.us/i/howardlederer******

04-15-2011 , 04:57 PM

#680

kevko_2000

grinder

Join Date: Dec 2010 Posts: 469

still playing on tilt. There are 3 U.S. players at my table

04-15-2011 , 04:58 PM

#681

Outcast10

grinder

Join Date: Nov 2010 Posts: 636

Im finding it impossible to get 2+2 to load, keeps timing out

04-15-2011 , 04:58 PM

#682

allinontheturn

'Merican Dullard

Join Date: Nov 2008 Posts: 22,649

Quote:

Originally Posted by Pokerpingu

Source:

Meet The Boy Genius Who Just Took Down The Online Poker Industry

The internet is still coming to grips with the huge online gambling bust that just took down the U.S.'s three biggest online poker sites.

But Australia's Courier-Mail already has the scoop on the one man who may have single-handedly built the online industry ... then handed it to the U.S. government on a platter.

According to this story, Daniel Tzvetkoff was a young Australian entrepreneur who set up the payment processing schemes used by the biggest poker sites to handle their (mostly illegal) transactions.

He made Full Tilt Poker and Poker Stars millions of dollars — and making as much $150,000 a day for himself — but then got even more greedy and started taking them for himself. They sued him, demanding more than $100 million of their own money back.

Then last April, Tzvetkoff was arrested in Las Vegas and charged with the same crimes those sites founders were charged with today: money laundering, bank fraud, wire fraud. As an Australian citizen with a lot of wealth, he was considered a flight risk and denied bail.

Then after a "secret" meeting with prosecutors, he was suddenly out on bail. And now, his former colleagues are the ones facing serious jail time.

Daniel Tzvetkoff knows the operations of these poker site inside and out. He's the one man positioned to give these companies to the U.S. Attorneys on a silver platter. And it looks like that's exactly what he did, cooperating with the authorities to avoid his own lengthy jail sentence.

All the major gambling prosecutions in the U.S., since Tzvetkoff's arrest have been run out of the office of Arlo Devlin-Brown, the Manhattan Asst. U.S. Attorney, who is Tzvetkoff's "handler."

According to a source, "He knows how to reverse-engineer transactions to determine its original source," making him very valuable to investigators.

And the biggest irony of all? It's been rumored that the only reason the FBI got their hands on him is because Full Tilt or Poker Stars (the companies he used to work for and stole from) tipped off the FBI that he was going to be traveling to the United States

They ratted him out ... and he turned the tables. No honor among thieves.

And as the Courier Mail put it, if this were still the old days, he'd buried in the Las Vegas desert right now.

gg.

nh.

fu.

04-15-2011 , 04:58 PM

#683

RML604

old hand

Join Date: Dec 2008 Posts: 1,438

Quote:

Originally Posted by HocusPokus

are players that have accounts on PS, FT and AP screwed as well? in other words, are those sites potentially being forced to hand over names of players?

this may have been answered, but the thread is blowing up faster than i can read it.

Almost no chance they'll go after the players themselves, it's just not realistic and probably wouldn't go over well with the general population. I wouldn't worry about that so much as the safety of your online funds.

04-15-2011 , 04:58 PM

#684

Roundr

newbie

Join Date: Jan 2009 Posts: 35

I'm about to make the final table in the 10k guarantee. Are we playing for Monopoly money?

04-15-2011 , 04:59 PM

#685

superkewli

grinder

Join Date: Jul 2009 Posts: 537

HOW THE HELL ARE THEY GOING TO AFFORD THE ONYX CUP NOW ???

04-15-2011 , 04:59 PM

#686

wants

old hand

Join Date: Dec 2009 Posts: 1,752

Quote:

Originally Posted by TheGreatModi

are US IP address blocked or US citizens? Can Anyone from the US log in overseas?

I have a US address but am currently in Canada and unable to join any tables on PokerStars due to "government regulations".

04-15-2011 , 04:59 PM

#687

AUGUY55

Carpal \'Tunnel

Join Date: Sep 2008 Posts: 22,553

I can still view pokerstars.com and fulltilt.com just fine. UB.com and absolutepoker.com I get the FBI message. I live in Alabama.

I'm scared. I love poker. I don't think I've ever been more worried than I have been today about the future of poker in America.

Guess it's time to move to vegas or somewhere to start playing live.

04-15-2011 , 04:59 PM

#688

LeoManowar

centurion

Join Date: Nov 2010 Posts: 198

Very bad news.

If my money are not save on accounts in FTP and PS, how can I give credit to small rooms?

I'm from Belarus. My condolences to the US players.

04-15-2011 , 04:59 PM

#689

SinK

centurion

Join Date: May 2007 Posts: 157

Quote:

Originally Posted by Annamaria

Will buy FTP cash for 50%

Me too. Anyone happy to accept payment by Stars transfer?

04-15-2011 , 04:59 PM

#690

Journeyman

grinder

Join Date: Mar 2008 Posts: 495

Quote:

Originally Posted by Pot Odds RAC

You really trust the unregulated Sites to maintain adequate Cash Reserves to handle a panic fueled rush?

They're properly licensed and don't operate on fractional reserves unlike banks.

04-15-2011 , 05:00 PM

#691

banonlinepoker

banned

Join Date: Feb 2009 Posts: 2,338

Quote:

Originally Posted by kevko_2000

still playing on tilt. There are 3 U.S. players at my table

The US can't stop you from playing. It's when you try to get your money, you won't be so happy. Hardly a surprise, you can't launder money and do something illegal and not expect this to happen. Howard better get Speaker Boehner and Sen Reid on the phone. Fast.

04-15-2011 , 05:01 PM

#692

kk405

Pooh-Bah

Join Date: Dec 2007 Posts: 5,444

As if the Vegas housing market wasn't bad enough, now therer will be lots of pros who will sell or give I their rental condos and move overseas so they can play online

04-15-2011 , 05:01 PM

#693

Yeti

Abominable

Join Date: Jun 2004 Posts: 23,208

Quote:

Originally Posted by yegor

hal lubarsky is still grinding. probably he hasn't seen 'pokers is restricted in your area' checkbox..

lolllllll

04-15-2011 , 05:01 PM

#694

Got Bars?

newbie

Join Date: Jan 2011 Posts: 43

Skynet becomes self-aware 4/19/2011. The beginning of the end.

04-15-2011 , 05:01 PM

#695

Supesimmo

adept

Join Date: Apr 2006 Posts: 1,004

http://twitter.com/Tom_Dwan

Dwan's confident in our FTP/PS $$

04-15-2011 , 05:03 PM

#696

guest1234

stranger

Join Date: May 2008 Posts: 13

[IMG]http://img687.imageshack.us/i/howardlederer******[/IMG]

04-15-2011 , 05:05 PM

#697

Nils133

newbie

Join Date: Oct 2010 Posts: 39

Okay, both the stars and FTP sites had the warnings up for me earlier, now both are back to normal.

What's going on...?

04-15-2011 , 05:06 PM

#698

SilentBobAK47

enthusiast

Join Date: Nov 2009 Posts: 79

I got a check in the mail today from Full Tilt. Now that this happened has this check become worthless?

04-15-2011 , 05:08 PM

#699

wyvo

veteran

Join Date: Jun 2008 Posts: 2,378

how come still people from US are sat still then if its been shut down there?

04-15-2011 , 05:08 PM

#700

ferVance

adept

Join Date: Apr 2010 Posts: 913

WSOP should be interesting, not just for the diminshed ME field but.... Euro players becoming de facto payment processors, buying out our accounts (hopefully w/ respectful vig

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