To address the coaching issue brought up by rje8686, I offered two different rates to my students, the regular rate, and a discounted rate for students at lower stakes. In order to protect myself, my policy was to to have students show me they were low stakes players if they wanted the lower rate. It is far from inconceivable that someone might claim they were a low-stakes plo player, but if that person is playing higher stakes nlhe, then there's a distinct possibility they merely want the lower rate. So I asked you what stakes nlhe you were playing. I don't think this is or even looks shady at all. However, I've shown that I'm not a good judge of what does and doesn't look shady, so all I want to do here is state my position and apologize to you if you thought I was trying to take you for a ride.

A couple of years ago, I missed two of the same students appointments due to personal issues (mainly breaking up with my girlfriend). He asked for his money back, and I gave it to him. I've given money back to students a couple of times despite having a 'no refunds' policy (stated in my coaching thread). In recent months I've been travelling so haven't had as much time to coach, so a few students still have lessons owed. Other than that, I've coached I believe more than 50 students, and I highly doubt any of them would have any complaints.

Next time use J.G. Wentworth imo.

It's my money and I need it now!!!!!

Once you get this crap all settled dude. My best advice to you is pull all of your money out of the bank that made you "jump through hoops." And never do business with them again if what you are saying is the truth...

You can draw cashiers checks blah blah blah all types of options to get these people their money if you indeed have it. Unless there is tax evasion going on or something I have a hard time understanding how you can get paid out from a casino and 4.5 months later you are having a hard time accessing it all. It doesn't really make sense. If you are UK resident you don't even pay taxes if I am not mistaken so I have no idea. But dude if you can prove you have the money then why can't you GD access it and pay it out.

Get it over with dude. GL all....

the bank in question is barclays, my experiences with all banks have been pretty poor, and uk banks have a tendency to make you jump through hoops with everything, fwiw.

I actually believe this. Anyone can make mistakes.
I am pretty sure he didnt intend to scam anyone.

Do you feel your position is tenable as a moderator, do you think it is appropriate that you continue to sell action in MP?

I think the main things to take from this all is to not have such a lazy/cocky attitude to other peoples money. While obviously this is on a much much larger scale, there were several people over the course of the WSOP who had no intent to scam/do anything shady but ended up doing their bollocks in live cash/SNGs or whatever and ended up missing tournaments and not repaying their investors. Quite simply, other peoples money cannot be disrespected at all no matter how much you've just won/lost them.

In light of the events, I also struggle to see how wazz can remain a mod having admitted that he was going to deliberately hold ransom other peoples money for selfish gains. I think he should be allowed to post in the marketplace since it's a very obvious case of buyer beware.

I'm glad to see that it looks like everything will be settled though and hope wazz can be certain to see out the rest of the process in a professional manner.

I have already offered my resignation as a mod in a thread in the mod forum which is basically a cliffs notes of the situation thus far - no information has been posted in there that hasn't been posted here.

I will not be trying to sell any action at all except maybe to close friends for the foreseeable future.

I offer to be a witness to this meeting just for the sheer lolz of it all.

I am a semi-professional masseuse and would like to offer my services as part of any future staking requests.

+1

Keep your head up

wazz,

Good writeup. I don't have any reason to doubt it's the truth, though I am very far from the matter and this shouldn't be read as an endorsement of any kind. Thanks for actually responding.

One thought, given that he scale of money is large and at minimum you have been freerolling the interest for several months on $200k: you could offer to fly your creditors out to London and put them up for the weekend and hand them their cash.

Another thought: I haven't been paying a huge amount of attention, but given your plan to swap for online money, I'd have thought you'd be very active in places like the HSNL transfer thread. It's not like England is lacking in high stakes players who want your money, is it?

I hope everyone gets paid from this, sounds really messy.

That's another thing that just plain old didn't occur to me.

How is this ****** still a moderator?

Poor showing 2+2...

That in mind, how have you been advertising your desire to swap cash for funds (not saying you haven't at all, merely curious)? I assume just friends, but why not advertise in the Vegas threads over the series? Certainly wasn't a lack of them.

He wasn't able to get cash in vegas for the series until it was too late...

GL Wazz, hope this works out...

One of my friends has pointed out that the meaning of this has not really come through, so thouht I should repost it:

'When considering this plan, I looked at it from the angles of convenience - being able to pay my investors out online - and profitability - make both myself and my investors some money. I did not look at it from the point of view of potential shadiness. Why? It just didn't occur to me. I can't explain it much better than that, and I'm aware I can't prove it, but my intention was never to scam anyone or to have anything I did look like I was scamming. I realize now that not telling my investors of my plan makes it look like I was trying to scam them, and can only put it down to a lack of foresight and failing to consider what it would look like. Again, I can't prove this at all, but it's the truth of the situation.'

The point being that my intentions were to do good by my investors for having to wait for the money, rather than the idea that i was trying to profit from being able to use their money - I honestly never considered it from that angle whatsoever.

fwiw sounds pretty legit obviously he's made some mistakes but now I understand what he meant with the selling cash for online money thought he was like in Vegas witholding it from investors so he could profit from online money. Obviously should have been wayyyyyyyy more transparent in the entire process with people you still owe money to after all this time but when I first read this thread I thought wow what a scumbag and now just seems like he made a few mistakes trying to get it all right now hope you can resolve it asap but if I see a deal I like in the marketplace I'd have no issues buying pieces of you given this thread as it stands now anyway if more info doesn't come out and you handle it well from this point forward.

Jackinbeat, a broke dealer who is hanging onto Pipers coat tails hoping to get a bit of his PLO action.

JoeJoe fair play, told it how it was.

Mr Piper, looking forward to meeting you at WSOPE.

LOL..

Easy Essex boy, Mike offered me some action but I don't back, kinds re-thinking that one, anonymous abuse is weird, but I'm far from broke thanks, although buying the house recently did tie up some cash. In fact unsure why I'm even bothering replying. Guess I can't help jumping in to defend.

Mike sent me some PLO articles he'd written, answered a few questions, and is a nice guy to be about, hope he sorts this out, but he's never been a close mate.

You want to PM me or anyone who knows who this anonymous attacker is want to tell me, here or in private.

Mike;

Well done on getting this sorted at last you muppet.

I'll take 10% of your next years (Including WSOP) action straight. Will ship you $45k on Stars to cover.

Just to let you know that stars are making me earn 15 vpps/$100 that i transfer/deposit before i can cash out/transfer on that money. Gavz has already swapped $10k online for live, so I'm gonna have to earn 1500 vpps, which I intend to do at $100 plo and nlhe (which I actually started playing a week or two ago), which I might be able to do by the end of this month. That's the only $ we're going to swap, if he's getting me money online for his live we'll just send to my creditors (not debtors!) from his account. Same with neverscaredb as he will be distributing money online directly to my creditors in exchange for live cash.

Er, I'll go with tom?

Cool beans, I'm probably only doing EPT London (i.e., don't need live cash since you can buy-in using Stars client), so I'll take online $$ as well if that's easier.

OK that's no problem, think it's reasonable for me to have all the money online that i need to have before ept starts.

Just to let you guys know, I've had a long couple of days, and am still short on sleep, so I'm going to sleep now and setting my alarm for 11AM tomorrow (6AM EST?) and will expect to have confirmation for you (in the form of gavz101 listening into my bank phonecall) by about 11.30 - just saying in case anyone is concerned that I didn't turn up at the time I previously promised. I expect I will be able to walk into the bank myself and get it printed out as well if people require that.

Sup Guys,
I thought I should chime in with my experience.

I had offered the ability for Wazz to pay me out on any site, or cash in any currency in any city we would cross paths in (or if I could get him to give it to friends of mine at any tourney). Wazz skipped Monte Carlo to travel with his brother IIRC which was obviously fine. I was paid a small amount online and expected 20k in Vegas which I had no problem waiting for and assumed I would get early in the summer as I needed that money for myself/horses.

After not getting paid for a few weeks and only receiving a few k after that I was forced to borrow from other friends to play/put people in events. Luckily I was closeish to break even all summer and never had to get a loan for to much from anyone but this was a pretty annoying inconvenience, especially when I was constantly told I would get the money within X amount of time which kept getting pushed back.

After the series Wazz asked if I would be in London and when I told him I wasn't said he would have to get it to me later. I told him that it really wasn't cool and he had to resolve the issue. I was paid the balance in two payments within a few weeks.

I wasn't ever VERY worried about not getting paid but it was a huge inconvenience and something I bitched to people about in Vegas (Dan/Chud probably were two of them). If I knew earlier I would have 20k less in Vegas I would have accounted for this by arranging to get more cash out there at the start of the series. I attribute this cluster**** to as a few huge errors in judgement but I will say that the reason I was on top of Wazz to get paid quickly after the series as opposed to waiting until London where I'm sure I will have friends who need GBP was because I saw the possibility of not getting paid. It is to easy for someone to bink a few hundered k, owe 75% of it out and lose 40% of what they cashed for. Not that this would happen but I've seen enough people spew off new found money in the poker community that I wanted to get paid before any spewing could happen.