Full Tilt Poker claims remission discussion - Page 24 - Poker Legislation

I have about 20k stuck at full tilt. I filed my claim last year, I confirmed the amount which was correct and they sent me an email confirming my claim. I just called GCG rep and she told me that i was not include in the first wave of payment and told me to call back in a month.
I didnt dispute the amount when i filed my claim last year september, and she wont tell me why im not getting paid at the end of febuary. I dont get it, anybody have this problem?

02-20-2014 , 06:51 AM

#578

stayhighlowe

grinder

Join Date: Nov 2008 Posts: 583

Quote:

Originally Posted by nas36525

ya, im in the same boat, its some slick thing they are pulling, once you got the confirmation email, you have (or were supposed to, despite no one saying to) log back in to ftpcliams click a box, and THEN you have filled your claim.. I assume they have some deal with the doj where the left over money is split up between them, not much other reason the pull this kind of stunt..

02-20-2014 , 10:55 AM

#579

swc123

grinder

Join Date: Jul 2013 Posts: 431

Quote:

Originally Posted by swc123

Nothing here as well, Chase.

Per this post: http://forumserver.twoplustwo.com/sh...postcount=3497 I called the Chase ACH department and they were able to see the $0 confirmation even though it did not show up on my online statement.

I also called the Claims Administration support number to confirm I was in the first wave of payments and all set. Took about 3 minutes, probably worth it for anyone who is worried.

02-20-2014 , 11:47 AM

#580

NoSoulToRead

centurion

Join Date: Oct 2012 Posts: 162

Just called to confirm I was in the first wave of payments. I was told I should have my money by the end of Feb. She said that a lot of banks do not post the $0 transaction (I have BOA). If you are worried, call the number and have your petition number handy.

http://www.fulltiltpokerclaims.com/contact.php

02-20-2014 , 11:59 AM

#581

Lyfetilt

stranger

Join Date: Feb 2012 Posts: 4

I called the Claims Administration and they confirmed that I am included in the first round of payments although my bank (Small Credit Union) has not seen the $0 transaction as of today. I never logged back into the Claims Administration after filing my initial claim and my amount was undisputed. Still optimistic I will be seeing my $$$ soon!

02-20-2014 , 12:22 PM

#582

TBadr

Pooh-Bah

Join Date: Jan 2009 Posts: 5,669

Quote:

Originally Posted by NoSoulToRead

I called them too and they confirmed I was in the first wave of payments!

02-21-2014 , 09:40 AM

#583

Y2Dennis

old hand

Join Date: Mar 2007 Posts: 1,268

Called and got confirmation here as well. They had my petition number and double checked it against the one I had but they pulled everything up by my name, address, player ID and email so even if you don't have the petition number handy you can call and get confirmation. Worth it just for the ease of mind.

02-21-2014 , 11:28 PM

#584

GRINDINGwCHANGE

stranger

Join Date: Nov 2013 Posts: 3

Does anyone know what the tax on this would be for tax season filings??? Thanks

02-21-2014 , 11:47 PM

#585

Klever187

veteran

Join Date: Nov 2008 Posts: 2,003

Quote:

Originally Posted by GRINDINGwCHANGE

Does anyone know what the tax on this would be for tax season filings??? Thanks

yes someone answer this please

02-22-2014 , 12:25 AM

#586

Russ Fox

tax practitioner

Join Date: Jun 2004 Posts: 884

Quote:

Originally Posted by GRINDINGwCHANGE

Does anyone know what the tax on this would be for tax season filings??? Thanks

Here's a link to an interview I did with CardPlayer on this issue. And here's a short post I wrote tonight on the same subject.

-- Russ Fox

02-22-2014 , 09:40 AM

#587

Stinky Stu

Pooh-Bah

Join Date: Dec 2007 Posts: 4,201

Got an e-mail this morning saying my bank info was wrong. I could go back and fix it, but if I don't by March 13, they'll send me a check.

I wasn't sure I put the right routing number on there the first time. I might have used the "wire" number instead of the other one, so I just resubmitted. They cleared my original info, so I couldn't tell.

At least we have checks as a backup plan.

Last edited by Stinky Stu; 02-22-2014 at 09:58 AM.

02-24-2014 , 12:57 PM

#588

yurk

old hand

Join Date: Aug 2006 Posts: 1,765

Sounds like the end of the week for those approved according to the update on http://fulltiltpokerclaims.com/

02-24-2014 , 02:22 PM

#589

GRINDINGwCHANGE

stranger

Join Date: Nov 2013 Posts: 3

I was one of the people that had the banking error. I saw the new press release on the FTPclaims site and can someone clarify for me, whether people that had to resubmit their information with banking errors will be in the first or second round of payments?

Below is what's on the website
As part of the normal bank account testing conducted prior to issuing ACH payments (as further described below), GCG has identified certain Petitioners who are approved for payment but who submitted account information that was either incomplete or incorrect. On February 21, 2014, GCG sent emails to all such Petitioners with instructions as to how to update their bank account information through the online filing site. 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. Petitioners contacted by GCG in connection with their bank account information will receive payment in the second round of payments. If any such Petitioners have questions about this process, please contact GCG.

Edit: It seems to be the second round of payments. When will that be?

02-24-2014 , 02:33 PM

#590

PokerXanadu

Carpal \'Tunnel

Join Date: Oct 2006 Posts: 10,583

Quote:

Originally Posted by GRINDINGwCHANGE

Edit: It seems to be the second round of payments. When will that be?

From posts in NVG, it seems that second round will be about a week later. But that is not officially confirmed.

02-24-2014 , 09:09 PM

#591

Gospy

Carpal \'Tunnel

Join Date: Apr 2007 Posts: 6,788

I just got an e-mail notification saying I will be paid within 7 business days. Long time comin.

02-24-2014 , 09:12 PM

#592

swc123

grinder

Join Date: Jul 2013 Posts: 431

Quote:

Originally Posted by Gospy

I just got an e-mail notification saying I will be paid within 7 business days. Long time comin.

same here, pretty psyched.

02-24-2014 , 09:19 PM

#593

Lego05

Carpal \'Tunnel

Join Date: Mar 2006 Posts: 24,895

Quote:

Originally Posted by Gospy

I just got an e-mail notification saying I will be paid within 7 business days. Long time comin.

Quote:

Originally Posted by swc123

same here, pretty psyched.

I just saw this, so I checked my e-mail and I got the same thing 6 minutes ago.

02-24-2014 , 10:28 PM

#594

aislephive

Carpal \'Tunnel

Join Date: Oct 2005 Posts: 19,317

Yep, confirmed here too. Long day in the making!

02-24-2014 , 11:10 PM

#595

porkroll

veteran

Join Date: Jan 2008 Posts: 2,339

just got the good news email. nice.

02-24-2014 , 11:30 PM

#596

MikeBuzzsaw

journeyman

Join Date: Nov 2008 Posts: 244

Got an email too.

The purpose of this email is to inform you that your Petition for Remission has been approved and you are entitled to receive a distribution from the assets forfeited in connection with United States v. PokerStars, et al., pending in the United States District Court for the Southern District of New York.

A payment in the amount of $XXXX will be paid electronically via ACH to the bank account that you specified in your Petition. This payment represents the full amount of your Full Tilt Poker Account Balance, which you confirmed on the Full Tilt Poker administration online filing site. Payment will be made within the next seven business days.

If you have any questions, you can call us toll-free at (866) 250-2640, email us at info@FullTiltPokerClaims.com, or write to us at Full Tilt Poker Claims Administration, c/o GCG, P.O. Box 9965, Dublin, Ohio 43017-5965. For additional information you may also visit the administration website at www.FullTiltPokerClaims.com.

02-25-2014 , 01:24 AM

#597

RodBelding

stranger

Join Date: May 2013 Posts: 9

So they are paying in waves? So I should not be worried if I haven't received the email today?

02-25-2014 , 01:31 AM

#598

TBadr

Pooh-Bah

Join Date: Jan 2009 Posts: 5,669

Just got the email as well

02-25-2014 , 08:02 AM

#599

insidemanpoker

Pooh-Bah

Join Date: Mar 2009 Posts: 3,590

Quote:

Originally Posted by Russ Fox

Here's a link to an interview I did with CardPlayer on this issue. And here's a short post I wrote tonight on the same subject.

-- Russ Fox

Good information. Seems a bit crazy that they won't come straight out and say "no 1099s". I'd guess something like 99% of them would be wrong and it just doesn't seem to be appropriate to do such a thing. Could the PPA be involved in making sure this is handled properly? It would be a reasonably significant obstacle to make honest taxpayers suddenly have to contest a wrongfully submitted 1099.