Remission of FTP funds and the PPA

[PsYcOsNiPeR]

Originally Posted by Skallagrim

It is pretty hard to compare the FTP case to those other cases.

On the plus side: both the money and all the financial records needed are already in DOJ hands. In most other cases it took a long time from the forfeiture order to the point of actually having those two things.

On the minus side: the processor will be dealing with hundreds of thousands of accounts and remission checks. Some will be easy to process, but many will have glitches ("I forgot my password, etc...).

Neither plus nor minus: government speed is not like normal speed and far less than internet speed.

When explaining the right to speedy trial to folks I have gotten to the point of simply saying "what is speedy to the government and the courts has no relation to what is speedy to the average person, but they can't delay your trial forever."

I think this case will be somewhat in between: not near as fast as we would like or expect from the private sector, but faster that most of the pessimists are suggesting.

Skallagrim

Aren't the payment processors that are going to be used a part of the private sector? My understanding was that the DoJ was accepting applications - from private payment processors (?) to handle the remission process. Is that incorrect?

[Skallagrim]

Originally Posted by PsYcOsNiPeR

Aren't the payment processors that are going to be used a part of the private sector? My understanding was that the DoJ was accepting applications - from private payment processors (?) to handle the remission process. Is that incorrect?

The payment processor will be a private company, sorry to confuse you.

But that private company will conduct its operations according to the plan and details that the government lays out.

Skallagrim

[CandyKreep]

Does anyone have any idea as to what the logistics for applying for remission will entail, specifically, how will those of us who don't know the exact figure we're owed be able to check our old balance?

[Skallagrim]

Originally Posted by SmoothSailing

Yeah how do we go about do this

No one knows yet. The only things I can tell you for certain at this time are that you have not missed any deadlines (because there are none as yet) and that when a process is determined by the DOJ and its hired administrator you will be given explicit detailed instruction as to how to make a claim at the PPA website. That information will probably be copied here and on every other poker website too.

Skallagrim

[luigijerk]

I messed around on Full Tilt rush poker a little bit before the crash. I put a few hundred on and was never charged. I lost the money before Black Friday, and my account was at or near $0. Should I plan on having to write the DOJ a check when they start paying people back?

[PokerXanadu]

Originally Posted by luigijerk

I messed around on Full Tilt rush poker a little bit before the crash. I put a few hundred on and was never charged. I lost the money before Black Friday, and my account was at or near $0. Should I plan on having to write the DOJ a check when they start paying people back?

So far there is no indication that anyone is going after the uncollected FTP site deposits. But this drama is still playing out.

[mike1270]

i know this is in the DOJ's hands but isn't there something the PPA can to to try to get them moving faster?

updates?

[Skallagrim]

Originally Posted by mike1270

i know this is in the DOJ's hands but isn't there something the PPA can to to try to get them moving faster?

updates?

I wish.

Actually there are some things the PPA can do and it has been doing them. We are still in contact with the DOJ and are still providing input on issues in hopes that such assistance will speed up the process.

But the process is still the process and it is still a government process.

My understanding at the moment is that the DOJ is still working to finalize a deal with a private payment processor. It appears they are being very thorough regarding that deal and very quiet about the actual discussions. My expectation is that they (the DOJ) wants to have pretty much everything in place prior to announcing the choice of private processor. So while we still have to wait for the process to work itself out, when we do get formal, public answers I suspect they will be pretty comprehensive answers.

Skallagrim

[hobokes]

any updates here, boys?

[Skallagrim]

Originally Posted by hobokes

any updates here, boys?

Not at the moment, sorry.

As I first reported in the NVG thread, PPA representatives expect to meet with DOJ officials in early to mid-Novmber.

The primary purpose of that meeting will be for the PPA to make known its concerns and suggestions about how to proceed with remission, but we can also ask about progress and real news.

It is by no means a certainty that the DOJ will impart information to the PPA at that meeting regarding progress and when to expect real news.

But I guarantee that if we do get some real information we will share it here (and a number of other places).

Skallagrim

[FallenAngel]

Will affiliate earnings be paid?

[iFolded]

Originally Posted by FallenAngel

Will affiliate earnings be paid?

http://forumserver.twoplustwo.com/29...iates-1257992/

[GutPunch]

This is such BS. While the ROW players are all gearing up to not only recover ALL of their money but also be able to actually play on FTP again.... the U.S. players are still left in the dark as to how we are even going to be able to apply for this remission process. Let alone have some type of timeline we can even expect.. what a joke!

[afwoods]

Bout 350.

[UgotMERKED]

Originally Posted by GutPunch

This is such BS. While the ROW players are all gearing up to not only recover ALL of their money but also be able to actually play on FTP again.... the U.S. players are still left in the dark as to how we are even going to be able to apply for this remission process. Let alone have some type of timeline we can even expect.. what a joke!

I agree. This is completely ridiculous and if the DoJ really had the interest of the players in mind, we would have heard something by now.

I cannot believe they have gone this long without updating US players.