Full Tilt Poker claims remission discussion - Page 27 - Poker Legislation

There have been no announcements about when batches will go out and what groups will be addressed in each batch. There have been rumors and hints from conversations with GCG personnel. Here is a summary from what I have gleaned from the posts ITT:

Batch 2: Undisputed claims that have not yet been paid due to incorrect/missing bank info (e.g., bank test didn't work), duplicated claims, or some gcg processing error. According to the claims web site:

Since this puts the deadline for updating bank info at March 13, I would presume that batch 2 will go out shortly after - maybe in the week that follows. (Or I could see payments going out shortly before this deadline, so payments that fail in this batch can be processed as check payments at the same time on March 13. This might also mean a Batch 2.5, to send out payments to those who update their bank info between the time of Batch 2 and the March 13 deadline, as well as others in the Batch 2 category who are still in process of being resolved.)

Batch 3: Disputed claims. GCG has to finish processing these, and then get approval for the remission payments from the DOJ. Someone ITT reported that someone at GCG (Patrick, iirc) mentioned that the DOJ is pressuring GCG to get all remission payments completed in 1st quarter of this year. Although at this point this seems unlikely to happen, it does give hope that the DOJ will act quickly in approving Batch 3 and perhaps this batch will get paid out by late March.

Batch 4: Claims by those tagged as affiliates. There hasn't been any real indication reported of when these will be processed and submitted to the DOJ. It is even possible that this batch will go together with Batch 3. But I think that is overly optimistic. Still, I'd consider it optimistic but not completely out of the question for this batch to go up to the DOJ late this month or early next, with payments to follow a week or two later.

There is one more category of claims: disputed claims that are denied. Keep in mind that denial of a disputed claim does not mean that the original amount of the claim would not be paid. It just means that the amount in dispute (or part of that amount) is not accepted to be added to the remission. For this category, there will be additional time required as it is expected that the claimant will be given a chance to respond to (provide more documentation) or appeal the denial. There should also be the option of simply accepting the adjudication of denial in order to quickly get paid the original amount (plus any part of the dispute that is not denied), that is as part of whatever is the next payment batch. Hard to say with any certainty at this point when these payments will go out. My guess is that there will be a batch between 3 & 4 for those that accept the adjudication of denial, and a later batch for any such denials that are not immediately accepted - i.e., more documentation provided by the claimant or the claimant appeals the denial.

Quote:

Originally Posted by PokerXanadu

Quote:

Originally Posted by Joe Tall

Very interesting, thank your your post.

What do you think will happen once this run of claims is over and they have a surplus? Would they open the payouts to affiliates (non poker transactions)?

No. The surplus (and there will be plenty - the PS payments far exceed the amount owed to players, including affiliate transactions, Red Pros, etc.) will remain in government coffers. IMO, there is no chance that money will be paid out as remission to cover actual affiliate earnings or any other amount related to FTP business transactions.

AFAIK, no monies due which resulted from transacting with FTP as a business is eligible for remission. Remission is just for victims of a perpetrated crime. In the eyes of the law, if you transact business with an illegal business, you are aiding and abetting the crime, not victimized by it. And as they say, ignorance is not an excuse under law.

So, affiliate earnings won't be considered for remission. And Red Pros may never get paid their balances, even for portions gained by play.

By the way, I recommend that anyone who filed a claim and hasn't yet received their remission payment give GCG a call to check on the status of the claim and make sure it is in queue to be paid. Even if you have an undisputed claim, received an email asking for banking info update and you made the update online, give them a call to double-check that there is nothing else pending that will hold up your claim.

Call toll-free at: (866) 250-2640

03-09-2014 , 01:49 PM

#652

jeffg576

journeyman

Join Date: Jun 2012 Posts: 295

Would be likely the batches questions will be answered this week. It would not be surprising if some wires and checks go out next week.

03-13-2014 , 06:30 PM

#653

NicholasJ

veteran

Join Date: Jan 2007 Posts: 2,761

I received the email saying that my bank account information was not accurate. I corrected the information within hours, contacted them, and was told that I would still be in the first round. I was not. I contacted them on green friday and was told that I had been misinformed, but that I would be included in the second round. My frustration led them to ask if I wanted the conversation "escalated" to their supervisor. I said I would, and was told that someone would call me back shortly. This was on green friday, and I just now got a call back. I was told simply to keep checking the website and that they will update it at the end of the month to say when the second round of payment will be planned.

Is that correct? Is there no planned date for the second round of payment? I was under the impression that it would be within a couple weeks of the first round. I am shocked to find out that they not only have no date set, but that they will not announce a date for another 17 days.

03-14-2014 , 11:10 AM

#654

boliver

see my staking thread

Join Date: Nov 2009 Posts: 2,754

^^ basically me too, minus bitching out the company who is trying hard (and seems very efficient and friendly to most) to get our money back

Thank you for your email. Our records indicate that you received the email that we sent on February 21st and you were able to update your bank account details. Petitioners contacted by GCG in connection with their bank account information will receive payment in the second round of payments. Please continue to check the case website at www.FullTiltPokerClaims.com for information regarding the next round of payments to approved Petitioners.

...was the email I got when I wrote them to double check that they received my updated bank account info

gl fellow 2nd rounders!

03-14-2014 , 11:37 AM

#655

CANUCKEH44

grinder

Join Date: May 2012 Posts: 643

Good to see you are finally getting your monies folks.
It took them long enough.

03-14-2014 , 12:55 PM

#656

jeffg576

journeyman

Join Date: Jun 2012 Posts: 295

Quote:

Originally Posted by NicholasJ

Would be opposite to what was said earlier but maybe someone will confirm today.

03-14-2014 , 01:09 PM

#657

setherson2

adept

Join Date: Jun 2008 Posts: 787

Quote:

Originally Posted by jeffg576

Would be opposite to what was said earlier but maybe someone will confirm today.

What was said earlier?

"Please note that if we do not receive updated, complete and accurate information by March 13, 2014, a check will be sent to the mailing address provided with the Petition."

NicholasJ's post is ****ty news. I took the quote above to mean they were sending out checks on March 13th but I guess it never says that. Looks like we're going to have to wait until at least early April to get our next round.

03-14-2014 , 04:54 PM

#658

NicholasJ

veteran

Join Date: Jan 2007 Posts: 2,761

Question for you guys. One of my pre-BF horses neglected to submit his petition despite being reminded. I contacted him on green friday and he said "oops, forgot". He then submitted it and called and they said they'd eventually take care of late petitions in the order in which they were received. I am of the opinion that this money is different from old make up, and should be handled as a debt. It was his error prohibiting me from receiving my funds and I should not be the one burdened any longer by an indefinite wait. I suggested a small payment plan and he flat refused. He no longer plays poker, but works full-time. What are your thoughts? How should I handle this scenario?

03-14-2014 , 05:44 PM

#659

blackize5

old hand

Join Date: Sep 2012 Posts: 1,358

I'd agree that it should be considered a debt since if he takes at most an hour to properly document and submit a petition you'd have the money

Though I don't think you have any actual recourse

03-15-2014 , 11:13 PM

#660

ddlloo12

grinder

Join Date: Jan 2009 Posts: 535

So much for the getting it done by end of first quarter

03-16-2014 , 07:45 AM

#661

therealsaltydog

banned

Join Date: Jan 2014 Posts: 404

Quote:

Originally Posted by plasphemy

Funny how this bankroll would have been worth so much more to me in July 2011 -- when I took my first job in 6 years to make ends meet -- than it does now. Now I guess I'll just by a car and facebook stock.

Or you could save it for a rainy day like you didn't do in 2011.

03-16-2014 , 08:16 PM

#662

MugsyRusso

stranger

Join Date: Sep 2008 Posts: 8

They still owe me 6k.. but ill never see that... Howie "Madoff" already spent that

Sent from my SAMSUNG-SM-N900A using 2+2 Forums

03-24-2014 , 12:22 PM

#663

Jakeeck

adept

Join Date: Sep 2009 Posts: 1,098

So I just called and he told me I had duplicate claims. He had me e-mail them saying I'd like to withdraw one of the claims, and then gave me the petition number for the claim I should use from now on.

Has anyone else had this too? Is that all I have to do?

03-24-2014 , 03:28 PM

#664

NewOldGuy

Pooh-Bah

Join Date: Mar 2009 Posts: 5,935

Quote:

Originally Posted by Jakeeck

I had the same thing, and it was only corrected after I didn't get paid in the first batch and then contacted them.

03-24-2014 , 04:32 PM

#665

McNeese72

Pooh-Bah

Join Date: Apr 2005 Posts: 3,568

Quote:

Originally Posted by NewOldGuy

I had the same thing, and it was only corrected after I didn't get paid in the first batch and then contacted them.

I had two petitions but didn't realize it was a problem until a week before the first payouts. I straightened it out and Patrick deleted one of the petitions. It was right before the payouts but delayed my petition enough that it didn't get sent to DOJ for approval with the first batch.

I just called last Friday, March 21, to check on things. Everything seems to be in order, the account amount correct, and was told my bank info was correct so I should be in the next batch of payments whenever that is. <fingers crossed>

Doc

03-24-2014 , 05:45 PM

#666

ozora tsubasa

journeyman

Join Date: Mar 2005 Posts: 248

No updates yet on disputed claims right?

03-30-2014 , 10:54 AM

#667

the real mg0698

old hand

Join Date: Aug 2013 Posts: 1,828

Quote:

Originally Posted by McNeese72

How did you get to speak to a representative? I just keep getting a machine

03-30-2014 , 02:58 PM

#668

NicholasJ

veteran

Join Date: Jan 2007 Posts: 2,761

Quote:

Originally Posted by the real mg0698

How did you get to speak to a representative? I just keep getting a machine

What time did you call? They keep normal weekday business hours.

03-30-2014 , 02:59 PM

#669

NicholasJ

veteran

Join Date: Jan 2007 Posts: 2,761

Hoping to hear something tomorrow. It has been a frustrating wait.

03-31-2014 , 12:53 PM

#670

the real mg0698

old hand

Join Date: Aug 2013 Posts: 1,828

Quote:

Originally Posted by NicholasJ

What time did you call? They keep normal weekday business hours.

What number did you use?

03-31-2014 , 12:58 PM

#671

NicholasJ

veteran

Join Date: Jan 2007 Posts: 2,761

866-250-2640

I just called and, after being told that the previous two people I talked to were "completely incorrect," I was given the news that I "might" be getting paid tomorrow, but to call again if I am not.

03-31-2014 , 02:12 PM

#672

TKO121

enthusiast

Join Date: Sep 2011 Posts: 67

I just called up the hotline to make sure my information was correct and to see if they had any more information about payments. I was informed I will be receiving a wire to my bank account tomorrow!
I hope this is true for everyone else waiting to get paid in the next wave!

03-31-2014 , 04:04 PM

#673

IAmDestroyer

enthusiast

Join Date: Jun 2008 Posts: 81

Quote:

Originally Posted by TKO121

Just called and confirmed this- was told that despite tomorrow being april fool's day I will be receiving ach wire tomorrow. (Though could take a few days to show up obv) Also I was in the incorrect banking info group after being told I was good for first wave..
I almost wish I didn't call and confirm because if I don't receive it now it will be rather painful!
Fingers crossed for us "1.5ers" would easily be best april fools day to date