UB Scam? What ended up happening? - Page 4 - Poker News

Has there ever been an investigation into the Prop program? Something was very fishy. I propped for them for 5 years under the name ugaistheteam. I had 12k on the site when it closed. i truly believe that the stress from all of it contributed to me having a massive Stroke.

I was also a prop there but quit in 2006. I know there were people in charge of it in the middle and perhaps later days that colluded.

I was asked by a prop manager to soft play him and a couple of other players. When I would be at the table with these players before being approached, the play was sometimes odd but nothing I felt like I could prove. It is part of why I quit although the sketchy high limit games and a successful business were certainly factors.

I didn't really put all of it together back then. I obviously wish I had.

Quote

10-16-2016 , 10:27 AM

#77

PokerPrince

old hand

Join Date: Oct 2002 Posts: 1,814

Quote:

Originally Posted by Pokeraddict

I was a prop from 2003-05' or so. Something seemed a little strange at the time, like a weird vibe. Not so bad at smaller stakes though but more at mid-high stakes. Things seemed worse when I returned to prop in 07' and I quit after just a couple of months. I had some hu high stakes limit hold'em sessions where I got obliterated and it really felt like my opponent made the exact perfect play every single hand until I busted/quit.

Quote

10-16-2016 , 10:05 PM

#78

John Mehaffey

Carpal \'Tunnel

Join Date: Dec 2003 Posts: 9,931

Quote:

Originally Posted by PokerPrince

Steamroller used to crush the 10/20+ FL games when I propped there. That name showed up as a Scott Tom cheating account. If you recall from your early prop days, we didn't get paid for anything above 5/10. They later added 10/20 before I left and Steamroller moved up to 15/30+.

In hindsight, that lack of higher limit payment doesn't seem like a coincidence. They didn't want to steal from props.

Quote

10-17-2016 , 12:37 AM

#79

rockrock

journeyman

Join Date: Jun 2005 Posts: 348

Quote:

Originally Posted by ElevenGrover

And finally, Excapsa shareholders including Phil did collect payouts from the site sale after Black Friday. Semantically, he can say that money was not player funds but as he appears to have been negligent in protecting either the previous cheated players or the later player losses at the hands of the DoJ, accepting that money is callous at best and despicable if you actually think about it. But this is 'murica and we are a foregiving people, hence generations to come will just have to listen and watch the pasty kid from oshkosh or winosha or whatever the hell it's called.

Seriously? Is this well known? This is crazy. All the players got stiffed and whatever money the DOJ didn't seize they payed out to shareholders?

C'mon

Quote

10-17-2016 , 12:45 AM

#80

rockrock

journeyman

Join Date: Jun 2005 Posts: 348

Quote:

Originally Posted by Pokeraddict

Quote:

12:00 AM
February 18, 2005
Lisa Spain sends email to Matloubi

Spain is a poker room host, paid to manage prop players who start games and keep games running. In 2005, she demands a meeting with management due to a certainty that games are being cheated. Nothing happens.

From timeline on UltimateBeat website

Quote

10-17-2016 , 01:13 AM

#81

John Mehaffey

Carpal \'Tunnel

Join Date: Dec 2003 Posts: 9,931

Quote:

Originally Posted by rockrock

From timeline on UltimateBeat website

The UB cheating scandal was separate from AP. The sites did not merge equity until after UIGEA. The liquidity merger was maybe 18 months later.

Quote

11-08-2016 , 05:00 PM

#82

UgotMERKED

centurion

Join Date: Oct 2010 Posts: 190

Are there any recent updates? Or a number I can attempt to call to get information from a Senator?

Quote

11-09-2016 , 07:52 AM

#83

Adjusted

adept

Join Date: Jul 2016 Posts: 1,093

Quote:

Originally Posted by Wilbury Twist

Folks, check out EG's film Ultimate Beat if you haven't already. Everything he posted in those posts above are illustrated in great detail.

https://vimeo.com/ondemand/ultimatebeat

And no, I'm not a shill. Just a fan of the subject (morbid as that may sound) and of the work many people on this very site put into uncovering the scandal.

Thanks for this. I just purchased it. I thought it was not yet released as the web site is confusing...the update on the web page says:

"Update November 2015 – Have decided to rework the project.
Hang in there, something new is coming (though I cannot say what the timeframe is).
elevengrover"

Had I known it was released I would have purchased it long before now.

Quote

12-17-2016 , 02:29 PM

#84

ihavethewheel

journeyman

Join Date: Jul 2012 Posts: 216

Anyone care to throw out a number of us ever getting our money back from UB? Under 1%?

Quote

12-17-2016 , 05:42 PM

#85

Bobo Fett

Carpe Diem

Join Date: May 2006 Posts: 56,895

0 is under 1, right?

Quote

12-17-2016 , 06:29 PM

#86

Not Hockey Guy

centurion

Join Date: Oct 2013 Posts: 149

Quote:

Originally Posted by Bobo Fett

0 is under 1, right?

That seems a little high to me.

Quote

12-17-2016 , 09:00 PM

#87

hmm422

journeyman

Join Date: Jul 2014 Posts: 229

Quote:

Originally Posted by bayoudonk

Phil Helmuth parted ways from the promotional side anyway before Black Friday.

He may have had part ownership (not sure if he has denied that, or admitted that), but I'd say owning part of a company worth zero $$ is not worth much.

He obviously was paid with player funds pre black Friday, as UB was broke, or had hidden their funds successfully from the DOJ.

He had 6% as bragged by him 2003ish. Devilfish had 4%, but got screwed out of it after some time. Not sure how Hellmuth navigated things, but he had ownership.

Nobody remembers UB-2, but that was a scam as well. I'm not sure if the Schulmans were the victims or the perpetrators. Lots of hearsay with UB.

As for OP, you are never getting any of it, but feel free to give guys like Johnnybax, Hellmuth, and especially ZeeJustin crap live for it. ZeeJustin got paid back a few hundred grand under the condition he play and shill post superuser scandal. There were a few guys who took this deal as well, and hopefully someone will fill in the list.

Quote

12-17-2016 , 09:06 PM

#88

hmm422

journeyman

Join Date: Jul 2014 Posts: 229

Quote:

Originally Posted by ElevenGrover

Russ is a degenerate and didn't end up with money, hence he tried to "convince" the others to spend on his continued silence. Greg Pierson is now a hero in the world of anti-fraud companies with new partners flocking to their tech everyday. Partners who developed the tool and later covered the tracks enjoy good reps. The guy who did the bogus final cheating calcs is the chief tech behind the Pala nonsense and NJ apparently figured that was OK. Leggett parlayed his once in a lifetime opportunity into early retirement. I'm still up in the air on how much blame the nazi chick gets but it isn't zero. And of course, Jim Ryan as the accountant got off clean seemingly with an assist from a prominent hedgefund guy (quid pro quo much?).

PH is still hobnobbing with millionaires and billionaires (had to get a Sanders blast in). For all the bad "decisions" about partners that he claims he made, they sure seemed to have made him a lot of money.

As for the losers, some spiraled out of the game. Some turned rogue themselves. Some got past it. The heroes like Fosco, Paredes, Josem, Adanthar, Noah and others have all done the community proud. Fosco in particular occupies rare air in his willingness to hold evil to account.

The remains of the Cereus site were supposedly offered for sale by the DoJ but there was never any evidence of that. Somehow, what happened at the site didn't qualify as fraud (at least not against players and shareholders never filed any serious motions).

This entire rant and not one mention of Annie Duke who PM'd the rewrite the software in Oregon that introduced the superuser capability.

Quote

12-18-2016 , 09:10 AM

#89

newBreed

newbie

Join Date: Dec 2009 Posts: 37

Quote:

Originally Posted by hmm422

This entire rant and not one mention of Annie Duke who PM'd the rewrite the software in Oregon that introduced the superuser capability.

And then her novice poker playing Hollywood boyfriend took down their biggest Sunday tourney.

Sent from my Nexus 5X using Tapatalk

Quote

12-29-2016 , 06:17 AM

#90

lippy

Carpal \'Tunnel

Join Date: May 2006 Posts: 8,323

Quote:

Originally Posted by rockrock

From timeline on UltimateBeat website

Wonder if we could track down the next host manager, Suzie. I think she lived in Michigan.

Quote

12-29-2016 , 06:28 AM

#91

R*R

I wish I was Einstein

Join Date: Mar 2007 Posts: 12,753

I am guessing there is a 7 year kind of thing on these types of crimes. It's known as statute barred. It's a Canadian thing and that is where UB was licensed.

UB always stank and eventually came out as dirty. In poker, they shall always remain the lowest caste.

Quote

12-29-2016 , 01:09 PM

#92

e1cnr

veteran

Join Date: Jul 2011 Posts: 2,008

Quote

12-29-2016 , 08:04 PM

#93

DarkMagus

Carpal \'Tunnel

Join Date: Jul 2007 Posts: 8,391

hey at least Kahnawake fined them a whopping $500,000

Quote

12-31-2016 , 05:02 AM

#94

borg23

Carpal \'Tunnel

Join Date: Nov 2012 Posts: 15,043

helmuth is such a piece of garbage

Quote

01-01-2017 , 08:13 AM

#95

SprattFactor

journeyman

Join Date: Aug 2005 Posts: 234

Quote:

Originally Posted by borg23

helmuth is such a piece of garbage

Hey, his lawyers and PR team released a carefully worded press release and that's the end of it, okay. No more questions please.

Quote

01-01-2017 , 05:56 PM

#96

Jay Why

adept

Join Date: Jan 2012 Posts: 1,053

It was a fairy tale ending for the UB scammers, for they all lived happily ever after.

Quote

01-01-2017 , 06:13 PM

#97

bigtex21

Pooh-Bah

Join Date: Sep 2009 Posts: 5,900

Quote:

Originally Posted by Jay Why

It was a fairy tale ending for the UB scammers, for they all lived happily ever after.

You left out lived happily ever after as "multi millionaires".

Quote

02-26-2017 , 07:18 PM

#98

MrPringlesAK

newbie

Join Date: Oct 2010 Posts: 49

According to this Reuters article, Scott Tom turned himself in to U.S. authorities on Thursday. Probably due to some SOL ending so he can walk with a slap on the wrist and money in the bank. #WhiteCollarCrime

Quote

02-27-2017 , 02:51 PM

#99

mooknam

journeyman

Join Date: Jul 2008 Posts: 203

^^^ Wow. Interesting.

Quote

02-27-2017 , 03:00 PM

#100

Wreed Platzak

centurion

Join Date: Jul 2011 Posts: 159

Pretty ridiculous to think this guy stole 20k from me and I just wrote it off.....

lol internetpokerz

(though still waiting for the youtube vid where he finally runs into the people who would like to ''talk'' to this man :S .... )

Quote

Page 4 of 5

First

1 2 3 4 5

Last

Post Reply Subscribe

...

Page 4 of 5

First

1 2 3 4 5

Last