Good story. I knew that the FBI and IRS were going to look into him.
Remember all those stories back in October 2006 about how UB was sold to Blast-Off Ltd? How it was posted that it was just Russ buying back his companies. Then Russ got mad about the story coming out. Blast-Off Ltd was a licensee of Excapsa. So it is know that Blast-off Ltd, even though said to be owned by Joe Norton, was around before Joe Norton.
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Blast Off Ltd.. is the provider of online Elimination Blackjack ™ and was represented by the ULtimate Blackjack Tour closely with Excapsa.
The Ultimate Blackjack Tour, was the spiritual child of former WSOP Champions Ultimate Bet and team member, Russ Hamilton.
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Then people start to realize that Russ Hamilton pulled a fast one. I mean a guy that has been cheating people for roughly two years is not going to let his golden goose go away. His buddy Mansour owned the domain to Blast-Off, and we know from the UB Prop Manager that Mansour aka Shah ignored the possibility of cheating.
Also from Paul Leggetts interviews, we know that Tokwiro Enterprises was not setup until April-June of 2007. That it was indeed Blast-Off Ltd that was the compnay that held UB "In Trust"
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Susan – When did Joe Norton setup Tokwiro Enterprises?
Paul L – The company was established in April 2007. The companies Absolute Poker and UltimateBet were both purchased in October 2006, but the companies & assets were held in trust for Tokwiro until he had time to setup the finances and the corporate entity in April 2007.
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Some more about what Paul Leggett had to say in his video interview about Tokwiro buying UB and Blast-Off Ltd.
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Question #6
Susan – Lets be clear about timelines. Tokwiro acquired UltimateBet in October 2006. It wasn’t incorporated in Quebec until June 2007, so who owned it in 2006?
Paul L – The companies were purchased by Joseph Norton in October 2006. Then the assets and the businesses were held in trust until Tokwiro Enterprises could arrange, or make financial arrangements and setup the Corporate Entity. Tokwiro Enterprises was filed in April 2007 and it was officially registered in Quebec in July 2007.
Question #7
Susan – What was Blast-Off?
Paul L – Blast-Off is basically the company that held the assets in trust for Tokwiro Enterprises until it was established.
Question #8
Susan – In any case it’s all Joe Norton. Joe Norton bought them. Joe Norton setup Tokwiro. Joe Norton put these companies into Tokwiro.
Paul L – Yes. These types of companies that are used for the transition of ownership happen a lot and this is just one of these instances.
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We know that Tokwiro is a sole proprietorship for Blast-Off Ltd.
It is common knowledge that The sole proprietorship is the simplest legal structure for owning your own business. Google it and you will see.
So why did it take from Oct. 2006 to late April-June 2007 for Mr. Joe Norton to setup the finances and corporate entity?
It would appear that Blast-Off started out doing Blackjack stuff for UB, which is all Russ Hamilton. Then at sometime Russ convinces Joe Norton "to be the owner of Blast-Off" This works b/c then Blast-Off owns UB, and since Mr. Norton is a Mohawk, it is his sovereign right to own a gambling business. This is also the same as Bodog letting the Morris Mohawk Group use the Bodog brand.
Russ Hamilton also most likely used the money he cheated to fund and start his Ultimate Blackjack Tour as well as pay for the software development for his elimination Blackjack.