I was actually doing an article about this so it is an interesting bump. Is that $260,000 all that was discovered, and the liquidators kept all of it? The in transit funds never showed up?

I can't answer your question but would love to see you do an article pointing out what scumbags MicroGaming are for what they allowed to happen to customers with the Tusk skins and then again with Eurolinx. I still have a screenshot showing what Battlefield/Tusk/MicroGaming owe me. I swear if online poker is ever legalized in the U.S. and those crooks are allowed in I will go ballistic.

It is an article order from a website that has a section called "The Muck" where they want a list of all of the major online poker failures. I am writing one about both Tusk and Eurolinx for that website.

After writing this I have been tempted to take another shot at Microgaming on my blog. The thought that anyone would pay them rake after they allowed these types of thefts on their watch is mond boggling. Even if it is to strong names like Ladbrokes it is hard to justify.

No, the amount discovered was higher. IIRC the amount was around 15% of what was owed. The liquidators are still working on recovering more funds.

The BetonSports liquidation took 5 years, so who knows how long this will take.

People are selfish and sleazy, it's as simple as that. No principals, most of us, especially poker players. If you're not like that, kudos, but you're in the minority. Been screwed by Tusk, Bitar/Lederer, Green Joker Poker and another 3rd party payment wallet in the last 4 years.

I have no faith in humanity at this point so I'm not surprised people continue to support crooked networks because they probably have what they would consider a profitable situation there so they say 'screw everyone' and keep playing, thinking of their own interests exclusively.

These are the same sort of people who kept playing on Full Tilt after April 15th even tho their American peers were getting reamed. LOL at you guys.

Thinking about this yesterday, I shot off an email to the liquidators asking about the status.

Here is their response:

So, fast response to email, but how many years later? 4? they still don't have the accounting all done?

So bump, I guess you never forget your first (site to vanish with your money).

bump

bump

Hi friends. I live in Brazil so I can't do nothing for help in this matter. But I have reading the posts along the first years of liquidation and then lost the hope.

Today I decided to take a look in this post again and saw that is some subject about it! I lost $2000 in Red Nines (Microgaming skin) on the occasion. There is any chance that we all recover part of money we lost? And what I (and other players) should do when time to receive comes (if this time will come)?

See ya!

Bump

Lost $38k on Eurolinx. Is there any progress? Forgot about it and got on with life..

http://forumserver.twoplustwo.com/29...d-5-3m-452491/

Since this thread was bumped...

I do not know the owner of Rakeupdate or Rakereduction... Unless I am going senile, I never knew them or was affiliated with either of those sites as a player or anything else.


Also, I'm super glad I got my money off of Battlefield before this **** went down! That thread saved me a boatload of cash... sorry to everyone that got scrwed


Cheers,

--
Kahn

bump for news upcoming shortly (days- weeks- months)

you can't tell us what you know?

No, I made a mistake once by letting out information on here, but news will be probably be coming in the near future

update on the creditors should be in your e-mail box

According to the PDF, since I submitted a claim form way back when, I don't have to do anything else, and I get 15.7 cents on the dollar... do I have that right?

Sooooooo, 5 years and change later and this is getting wrapped up? I'm about to move for the third time since this started, chances of my 15% ever finding me?

and 5 years later, I'm receiving this e-mail one cold sunday night ......

so basically is this saying we will receive 15,7AUD for every dollar we lost?

I'm a little tired right now and my english is no perfect, so if anybody wants to do a little resume please

anybody re-submitting any forms or is the email good enough that we are in the system?

The creditors report basically says that going by the number of us who have already submitted a proof of debt form, the return will be $0.157 for each dollar owed. If everyone who is owed money submits a proof of debt form, it could be as low as $0.1288 for each dollar owed. Better than I thought we'd end up with, but still terrible.

I've moved too since submitting the proof of debt and I just sent a new proof of debt just to be sure it doesn't cause a problem.

If you haven't submitted a proof of debt form previously, submit one now or you won't get paid. If you can't remember if you already have, submit a new one just to be safe. This is the only chance you'll have to get paid, so it's best to be certain that they have the information they need.

any update? when are we going to receive the money?

The notice says the dividend will be declared on July 21st, so it should be shortly after that.

What's your definition of shortly?
Did anyone receive anything yet?