Quote:
Originally Posted by rizeagainst
So basically this scam totalled
$456,100 USD
- confiscated rolls
------------------
~$400,000?
Who knows what they really got away with if they spent their fpps
Stars almost certainly didn't confiscate $400k I suspect. The players would have almost certainly been cashing out as they went along. No way of knowing for sure of course. Your points about the FPP's and the rake that Stars profited from the games they were involved in I think are both valid.
The FPP's especially. The value of those things doesn't just vanish. They are pretty much the same as money. Stars should treat them as being worth 1.6c each and include those funds in the refunds, etc.
the rest of the rake part seems fair as well. If 5 of the gang were involved in a 100+4 together then I think taking the $20 in rake that they paid to redistribute as well is appropriate....as well as the $20 in rake that the 5 innocent players contributed on the false assumption that they were participating in a legit game.
Because there is practically zero disclosure on their methodology for redistribution the players are left to simply trust the site to do it all correctly. And it certainly seems reasonable to inquire if it's just the confiscated funds getting redistributed or if they are also including FPP and/or rake value.
I think the whole thing calls for more transparency in several different respects.