If player balances were secure you would think someone, anyone, would have hinted at this by now.

Since it appears there was nothing legally to keep this liquidating company from using player balances to pay debts and make purchases of any kind, inside or outside of the company, one would have to assume the worst case scenario.

I find it telling that they chose to set up a dummy company in Vanuto, wherever whatever that is. Sounds like they had long range plans that couldn't be met in Australian law.

+ interest that you would have if this money was in your bank account

You guys are all talking and talking while your money is getting further and further away. You need to do something, first of all people who made recent deposits or recieved cashouts please post the name of the processor as it appears in your bank statement or credit card statement, than we can go from there, very likely it will be the processor tusk uses, than you will have recourse with visa or mastercard, or at least you will be able to track your money and see who had it at any point. I can possibly help some of you, just please post the most recent transactions.

Yeah I gave the example like that, but it was more applicable than the one you gave.

If an security company is transporting money and it goes into liquidation does the money in the truck become a company asset?

what microgaming should do is pay off the 1000-5000 players maybe who had like $20-500 in the site who desperately need it to pay their bills, and cant afford to wait like the people can who had thousands tied up in the site. paying off all the small time players, and making only the big ones wait, (who must be wealthy on the site to be willing to keep that much online these days--either that or FOOLS) that wouldnt cost them much at all, maybe like $50 - 100,000 total, probably about 1 days worth of rake is all.

then at least 90% of their clients could be paid in full and be happy. its hard to feel sorry about the rich, they can afford to lose it.

LOL.

Anyone who only has $20-$500 on it does not use it to pay their bills.
And don't you just think that the players who actually have a decent amount on there is not willing to do much more to get it back.. if I had $200 on there i I couldn't care less if I got it back or not...

If I had 600K on there which I didn't get back I might be searching for ways to do some serious damage...

I'm in that middle group of players who have 5-50K on there and don't really know what to do because getting a laywer and getting stuff done (like you can see in the last page will cost $10K) is such a big part of the roll already..

The smalltime players $500 or less are the players LEAST effected by this. They have day jobs and don't use that money to make money. That is just like buying a new fridge when your old one dies or something small like that. Not really a big deal. It happens.

Also they aren't fools for keeping that much online. If you have 10K online that is only 10 buyin's of 5/10.

You can't go paying out some people and not others. All players need to be paid the same percentage to be fair no matter if it is 10% 50% or 100%. If you don't get 100% back then the players with the larger amounts are going to be stung worse in dollars. But you shouldn't expect to get your $200 in whole if they aren't getting their $200K back in whole.

Dont think your going to get any creditcard statments or bank details! But these are the guys they use

http://www.purchase-on-net.com/pages/contactus.asp

Check this page http://www.purchase-on-net.com/pages...-inquiries.asp

Why am I not surprised to find the website neverbeg.com in your profile?

For those of you who arn't familiar it's where broke players go to get staked for micro to small buy ins

why would anyone in their right mind keep that kind of money online? if i had a big enough bankroll to play for that kind of money, id stick to playing in a brick and mortar casino where its easier and safer.

but i live in a little town to be near family 200 miles from a casino, and i like online play because u can play what games u like, (not just holdem) and because online u can play for lower stakes. and surely u dont dispute what i say when i say probably 80-90% of the players had balances under $500 which microgaming could easily make good, just for good public relations.

u see when the law first got passed, and sites started kicking off USA players, and netteller went under i had $200 tied up somewhere i had to wait for for quite a while til i got it back. and at the time that $200 MEANT SOMETHING TO ME. it was about a months rent where i was living. thank God now my rolls about $2500 instead of the $600-700 it was at the time. and i was withdrawing about $100-200 a week off the sites as i won it to withdraw in cash to pay expenses as i won it, and i only would keep about $100-200 online.

and even now, with a more comfortable roll to work with, i still dont like to keep more than $500 or so in any one site just to be safe. if im gonna play BIGGER limits, like $3-6 and up NL or $10-20 fixed limit hilo, im gonna take a trip to AC or Foxwoods, im not gonna do it online. who knows what other nasty surprises the US govt might have in store for us? im just saying if a guys got that kind of money online, he can afford to travel to casinos, he dont need to play online. and also if a guy has $5-20,000 online or more hes probably got 3x that or more in his bank, otherwise hes a FOOL to keep it online.

please don;t hijack the thread. Te prupose is not to decide wether people should play online vs live. Start a new thread for that.

So correct me if I am wrong, money goes from bank account/credit card to purchase-on-net. anyone contacted this company.

I see all pokerskins logos on there, thus money from purchase-on-net goes to pokersite, I would imagine the reverse process is the same, what relation does this company have to tusk ? People should start thinking about going after this company first.

not all the stakes are small, once u prove u can be trusted (by shipping back immediately off a big win) --like i did when i turned $22 into $1900+ and shipped back $985--then u can later get bigger stakes, all u need is patience and the willingness to work ur way up the ladder. i got a stake there as big as $750 once.

and dont think for a minute, the low stakes players in the 10c-25c NL holdem games, buying in for $5-25 and in the $1-2 stud hilo games, arent trying to become better and slowly grind up a large bankroll. many of us started playing these stakes when we first got into poker and began to learn the game.

if u think there arent ""broke"" players trying hard to beat the game to pay their bills, think again. i not only was one, i know of many others when i used to live in vegas.

Yeah I'm not even going to type a respons to that... back to Microgaming...

Is anyone seeking contact with the liquidator yet?
How long does a liquidator usually take?
Are any of the skins seeking contact with the liquidator?
Did it mean anything that Tusk had their own liquidator instead of having one assigned?

Iam not good with this stuff but it looks to me like they are the bank with all the money.

What does this mean self-made?

The Player indemnifies these online Casinos, its employees, officers, directors and any and all associated or affiliated persons or organizations against any and all costs, expenses, liabilities and damages arising from any transaction of the Player at the respective Casino. These transactions by the Player shall include but not necessarily be limited to the following acts:

· Entry, use or re-use of this website and/or the websites of our supporting casinos

· Use or re-use of any materials at or obtained from this and supporting casinos’ websites

· Entry, use or re-use of the Casinos’ servers

· Participation at these online Casinos

· Acceptance of any prize from these online Casinos

· Use or re-use of the Casinos’ software, whether downloaded from the respective website or obtained by any other means

The Player specifically indemnifies these Casinos, its employees, officers, directors and any and all associated or affiliated persons or organizations against any and all costs, expenses, liabilities and damages arising from any legal or other action taken either by or against the Player arising from any and all interaction with our supporting Casinos and any of its employees, officers, directors and any and all associated or affiliated persons or organizations.

Such action shall include (but not necessarily be limited to) any actions, which might arise as a result of the criminalization of online/Internet wagering within the Player's jurisdiction.

The Player obtains no rights to these Casinos’ trade names, specific terms (such as a payoff lines) or any other terms or materials contained in the websites or the software.

In the event of the Player applying for a real money account at our supporting Casinos, the Player in so doing authorizes us and our designated agents to investigate his/her creditworthiness in connection with the above application and any subsequent purchases which the Player might make at the respective Casino.

All promotions at the supporting casinos are subject to promotion specific Terms and Conditions, which are available under the Terms and Conditions link on the online pages detailing the promotion.

Entrants who fail to comply with any of the promotion specific Terms and Conditions will forfeit their bonus, which will subsequently be removed from their gaming accou

I think there tusk just got an automated response from them just like the ones i get from battlefield.

I have sent them an email with a couple of questions but they have not answered the mail. If anyone want to try to contact the company by phone, here are the phone numbers again: USA - 011 800 6393 3669, Canada - 011 800 6393 3669, UK - 00 800 6393 3669.

That phone number is for a hosting and advertising company has nothing to do with financial transactions, can anyone confirm that infact that is the company that shows up on your statement

The above phone numbers are those you can find on their site under the link "Contact us". Se for yourself: http://www.purchaseonnet.com/pages/contactus.asp

This company has absolutely something to do with at least BFP:s transactions. They locked my friends account at one occasion so he couldn't play nor withdraw his money. How can they lock someones account at BFP if they not are responsible for the players accounts?

Where are you getting this from? this seems pretty wacko. Is it pure speculation/paranoia on your part or is this standard in a liquidation? Like if a bank goes into liquidation, they can use funds from my account for a company dinner? sounds fishy.

Come on people, seems like noone wants this resolved, post the name as it appears on your statement, especially if this was done by credit card you will have a very good recourse on getting your money back, I once was faced with a similar situation where a processor who we were using to run credit cards through went bankrupt. They froze our and many other companies accounts and used the funds for whatever than filed for bankruptcy. Visa and Mastercard (who I am pretty sure has to issue a license for you to become a processor) in the end ended up covering them, thus if you find out who the processor is and if enough people report this as fraud abuse of the processer account they might actually do something about it.

I still believe this is the structure of the companies we're dealing with:

As stated before, Purchase on Net is part of the Tusk group. They appear to be the same as Rosat Holdings.

casinosupportservice.com shows a different address for newecon than the one I posted before (Adelaide Street):
Newecon
Level 14/145 Eagle Street
Brisbane, QLD 4000 AU
Not sure which address is current.

There are a lot of companies or DBAs (names they do business under) in the group, but I believe the three in the quote above are the ones that matter.

It means you agreed not to sue. I wouldn't assume it's enforceable, but I'm not a lawyer.

This does nothing for players who didn't deposit with Visa or Mastercard, or who deposited a relatively small amount and actually made money and increased their balance. Also, there is a time limit on disputes like this (90 days, I think. Maybe 120 days) - so anyone that made deposits months or years ago and never deposited again aren't going to get anywhere by this method. I might be useful for some people.