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Erick Lindgren Owes >0k for 2p2 Fantasy Drafts, Won't Pay, Claims "Cash Broke" Erick Lindgren Owes >0k for 2p2 Fantasy Drafts, Won't Pay, Claims "Cash Broke"

06-05-2012 , 06:34 PM
Quote:
Originally Posted by waspswin
Its not illegal income if he made no management decisions and was hired as a marketing persona.
Yeah but it's illegal not to pay taxes on it as you earn it.
06-06-2012 , 01:57 AM
I am sure he has unlimited losses from middling games, turn in the <$9k losers and cash the winners off the books.
06-06-2012 , 04:00 AM
i guess im not quite sure but it seems unlikely it'd be that easy for lindgren to get backed. dude is really, really bad at nlhe tournaments to anyone who has a clue.
06-06-2012 , 11:43 AM
Quote:
Originally Posted by tongni
Just want to point out since he owes the IRS multiple millions, in Nevada any tournament win he has can be garnished by the IRS, and they would have enough time to do it given the day break before the final table. Obviously an incredible lose-lose for Erick and whoever backs him.
Not how the IRS works nor how garnishments work.. Ever..
06-06-2012 , 04:45 PM
Quote:
Originally Posted by aejones
i guess im not quite sure but it seems unlikely it'd be that easy for lindgren to get backed. dude is really, really bad at nlhe tournaments to anyone who has a clue.
Dude is 21st on the all time money list (or 16th if you remove all the ME winners since Jamie Gold), the majority of which is in NLHE tourneys, and has cashed for 7 figures in 5 (almost 6) of the last 8 years. Dude is clearly a pretty consistent performer and given some of the other people who get backed, definitely shouldn't have a problem finding someone to put the cash up.

Last edited by Daddy Warbucks; 06-06-2012 at 05:02 PM.
06-06-2012 , 08:13 PM
ya calling lindgren bad at nlhe tournies seems very lol.
06-06-2012 , 09:11 PM
oh come on Aaron
06-06-2012 , 09:56 PM
Quote:
Originally Posted by NthingToLose
Not how the IRS works nor how garnishments work.. Ever..
You're wrong, and shame on you for correcting someone who was already correct.

The IRS reserves the right to levy any assets you may have in any account anywhere. The casino would lose their license to operate if they decided to ignore the man with the gold badge and the official piece of paper.
06-06-2012 , 10:00 PM
Quote:
Originally Posted by Daddy Warbucks
Dude is 21st on the all time money list (or 16th if you remove all the ME winners since Jamie Gold), the majority of which is in NLHE tourneys, and has cashed for 7 figures in 5 (almost 6) of the last 8 years. Dude is clearly a pretty consistent performer and given some of the other people who get backed, definitely shouldn't have a problem finding someone to put the cash up.
Yes and no.

[ X ] Lindgren knows how to play the pokers gut
[ ] "shouldn't have a problem finding someone to put the cash up"

If you back Lindgren after everything that has been exposed among the private messages, and everything else in this thread, knowing there could be liens and other hidden surprises, not to mention he could walk away, then you're an idiot for backing him, unless you incorporate some heavy penalties in the split to account for all that risk. It's junk bond status. If he weren't one of the top tournament players in the world, it wouldn't even be worth junk bond status.
06-07-2012 , 02:34 AM
Quote:
Originally Posted by starrazz
Yes and no.

[ X ] Lindgren knows how to play the pokers gut
[ ] "shouldn't have a problem finding someone to put the cash up"

If you back Lindgren after everything that has been exposed among the private messages, and everything else in this thread, knowing there could be liens and other hidden surprises, not to mention he could walk away, then you're an idiot for backing him, unless you incorporate some heavy penalties in the split to account for all that risk. It's junk bond status. If he weren't one of the top tournament players in the world, it wouldn't even be worth junk bond status.
Brad booth got a 100k stake for WSOP and is very well know to be broke, in debt and also shady..

just saying
06-07-2012 , 02:38 AM
Quote:
Originally Posted by aejones
i guess im not quite sure but it seems unlikely it'd be that easy for lindgren to get backed. dude is really, really bad at nlhe tournaments to anyone who has a clue.
I'm just bored, but surely you know that being a big name is more important for being backed than actually being good at poker. Idiots backing idiots is one of the greatest sources of money in poker (good players don't need backing mostly).

Also, Lindgren was pretty good at PLO for a fish, and I don't hand out compliments like that often. As far as live pros go he'd have to be one of the better ones
06-07-2012 , 03:35 AM
Quote:
Originally Posted by Lostmyothername!
Brad booth got a 100k stake for WSOP and is very well know to be broke, in debt and also shady..

just saying
It's a risk they're willing to take. It surprised me too.

There's a market for junk bonds, but I ain't buyin.
06-07-2012 , 04:42 AM
Quote:
Originally Posted by starrazz
It's a risk they're willing to take. It surprised me too.

There's a market for junk bonds, but I ain't buyin.
too bad there's no market for terrible god-awful analogies huh?
06-07-2012 , 07:41 AM
Quote:
Originally Posted by starrazz
Yes and no.

[ X ] Lindgren knows how to play the pokers gut
[ ] "shouldn't have a problem finding someone to put the cash up"

If you back Lindgren after everything that has been exposed among the private messages, and everything else in this thread, knowing there could be liens and other hidden surprises, not to mention he could walk away, then you're an idiot for backing him, unless you incorporate some heavy penalties in the split to account for all that risk. It's junk bond status. If he weren't one of the top tournament players in the world, it wouldn't even be worth junk bond status.
You're aware right that there's people who have much much worse reputations and results who still get staked all the time right? Just because you wouldn't do it doesn't mean there's not other people who won't.
06-07-2012 , 08:05 AM
that's because Booth overbets his roll
06-07-2012 , 12:36 PM
Perhaps he's just temporarily cash broke because he paid off the large debt he owed to FTP.
06-07-2012 , 06:25 PM
Quote:
Originally Posted by LancyHoward
Perhaps he's just temporarily cash broke because he paid off the large debt he owed to FTP.
****, you're right....shoulda considered that.
06-08-2012 , 04:01 AM
i predict aejones will not comment again in this thread
06-09-2012 , 01:28 AM
E-dog playing the 10k PLH
06-09-2012 , 02:11 AM
saw he's playing the 10k plh, idk how that works really with bankruptcy or w/e. he still going to try to pay ppl back or that ship has sailed?
06-09-2012 , 07:15 AM
Quote:
Originally Posted by ItsAboutTimeIAte
i predict aejones will not comment again in this thread
I predict you were wrong.
06-10-2012 , 10:05 AM
Quote:
Originally Posted by Daddy Warbucks
You're aware right that there's people who have much much worse reputations and results who still get staked all the time right? Just because you wouldn't do it doesn't mean there's not other people who won't.
Impossible is nothing
06-10-2012 , 10:24 AM
loool wow
06-10-2012 , 12:28 PM
looooooooooool
06-11-2012 , 03:21 AM
Erick is staked. He says he gonna try to pay us back everything he owes when he can. So all we can really do is hope he is sincere and hope he binks a tourney :/

      
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