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Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT*

01-29-2014 , 03:00 PM
Maybe the problem is that there is no one further up the food chain for Christian Lusardi to rat on.
  • We believe that he purchased the chips (1000 minimum)
  • We know he played in the tournament
  • We know he was chip leader at one point
  • We know that the plumbing at and below his room was clogged with fake chips

"It was a bad deal. A $15 gun and a scrambled-egg mind caused all that horror." —Nellie Connally
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-29-2014 , 03:39 PM
Quote:
Originally Posted by Fishman11
Let’s look at this from another angle. I know many may not like this response, but here it is.

Every hand played against Lusardi was no different than any other hand played against any other player and the source of his chips is totally irrelevant. .
LMAO! Nice try Borgota!
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-29-2014 , 04:05 PM
I'm sure Borgata cares about their reputation but I doubt they are worried how this will affect it. Poker players will flock for these events regardless of what happens. Sure some will boycott but I think it would be very few. If they are worried then I would expect a full refund and the 27 to get screwed. There is no way they refund everyone and pay out prizepool. I'd bet it will be one or the other. I'm sure there will be law suits regardless of which way they go. There is good arguments for either/both.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-29-2014 , 04:07 PM
grammar derail deleted
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-29-2014 , 04:13 PM
New Pokercast is out!
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-29-2014 , 05:08 PM
Quote:
Originally Posted by riverph7
AK correct me if I am wrong. The chipsets used in the different event in the same casino is different every time! How did he know which design to order?

And this is interstate monitory crime! Should not FBI be on it by now!!?

The first huge event always uses that chipset.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-29-2014 , 05:52 PM
Quote:
Originally Posted by doublejoker
The first huge event always uses that chipset.
Don't you think it would help to start to select the chip set randomly for each event. It would make it a little more difficult to counterfeit if you didn't know which set was going to be used for that particular event. Seems pretty obvious but I guess it wasn't. He probably could of just waited for the the event that used that set and bought in late but the first event usually has one of the biggest guarantees of the series.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-29-2014 , 06:21 PM
pretty sure you will start seeing some new chip sets
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-29-2014 , 06:22 PM
Quote:
Originally Posted by DAS19
Don't you think it would help to start to select the chip set randomly for each event. It would make it a little more difficult to counterfeit if you didn't know which set was going to be used for that particular event. Seems pretty obvious but I guess it wasn't. He probably could of just waited for the the event that used that set and bought in late but the first event usually has one of the biggest guarantees of the series.
you could come up with a variety of slightly better procedures to help with security leaks, but wont change the fundamental issue.

Using NJ regs as an example, as I scanned those a few days ago. most other state regs probably similar.

two types of chips in current NJ regs

"Gaming Chips" pretty tightly controlled supply chain with licensed, regulated suppliers selling only to licensed casinos, and very hard to counterfeit.

"non gaming chips" uncontrolled, unlicensed supply chain and avail to all with a credit card who want to buy, and easy to counterfeit, if they cant find exactly what they want.

There needs to be a third category that has cost savings of "non-gaming" but some of the security of "gaming", then better procedures to deter chip smuggling between tournaments. Your randomize sets used idea, is as at least one idea for improvement, keep it up,

when the regs were originally written, regulators did not envision a market developing where 1000's of players would be playing for millions of dollars in a MTT.

other thread would be great place to share views on the above
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-29-2014 , 07:11 PM
I'll be on CBS sports radio1300am around 730pm this evening talking about my role in ChipGate.

http://tunein.com/radio/CBS-Sports-Radio-1300-s29822/
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-29-2014 , 08:05 PM
Quote:
Originally Posted by TeamEdwardsPros
I'll be on CBS sports radio1300am around 730pm this evening talking about my role in ChipGate.

http://tunein.com/radio/CBS-Sports-Radio-1300-s29822/
the big issue is how deep that we were into this tournament before the discovery of the counterfeit chips was made, clearly 1% of these fake chips altered the game minimaly at best, most of the players who were elminated were done so by players who had nothing to do with lusardi and just want a refund "Because." i dont know for sure but how many players could he possibly eleminated,,,, 8,10,12? i dont know. I am one of the remaining 27, i have around 3million chips left and can tell you that i eliminated about 9-12 players and i am much deeper into this than that fnnnn-****rag. 450-29th got there payouts and my bet is that the borgata will not let the rest of the players in this mess get screwed, you would have to be in this situation to fully get it. making it this far with this many wasnt easy and thats the bottom line friends.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-29-2014 , 08:12 PM
Feel your pain bro but I don't think you will like the end result. I agree with your argument too. good luck!
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-29-2014 , 10:25 PM
The problem with the 1% of chips borgata doesn't know who was affected and how far it affected us and who was affected because they failed at security in all aspects that's what people don't understand they failed to protect the game.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-29-2014 , 11:15 PM
Ck, i think we understand that you want a refund bc you went out on day 1 before any fake chips were introduced. We understand that you don't think its fair any other way bc nobody won first place, even though you could never make the money.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-30-2014 , 12:51 AM
Quote:
Originally Posted by jjjou812
Ck, i think we understand that you want a refund bc you went out on day 1 before any fake chips were introduced. We understand that you don't think its fair any other way bc nobody won first place, even though you could never make the money.
If you think he introduced all the chips on day 2 your an idiot. He was day 1 chip leader for a reason.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-30-2014 , 12:59 AM
There was more than one Day 1.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-30-2014 , 04:12 AM
to people speculating on if he acted alone- from the looks of this guy, let's just say he's not going to clam up about rolling over on accomplices if it saves his skin at all.

dude will grab any lifeline investigators toss him if it saves him any time on his big boy prison stint.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-30-2014 , 04:22 AM
Quote:
Originally Posted by TeamEdwardsPros
I'll be on CBS sports radio1300am around 730pm this evening talking about my role in ChipGate.

http://tunein.com/radio/CBS-Sports-Radio-1300-s29822/
link to rebroadcast or podcast?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-30-2014 , 07:50 AM
Here's a solution where there are few.

You treat Lusardi's counterfeit chips as rebuy chips. Borgata adds the rebuy money to the prize pool. (ie T900,000/3000*$500=$150,000) Obviously, Lusardi's prize money is forfeited and everyone moves up one place.

Lusardi gets 5-10 and a lifetime ban.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-30-2014 , 09:02 AM
Quote:
Originally Posted by Hikertrash
Here's a solution where there are few.

You treat Lusardi's counterfeit chips as rebuy chips. Borgata adds the rebuy money to the prize pool. (ie T900,000/3000*$500=$150,000) Obviously, Lusardi's prize money is forfeited and everyone moves up one place.

Lusardi gets 5-10 and a lifetime ban.
...

Drunk drivers who have killed get 5-10

You are crazy. There is no way he gets that at all.

Lifetime ban... Sure. Big fine ok. Prison? Not a chance.

Maybe 6 months jail no bail. That would probably be fair.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-30-2014 , 09:27 AM
Quote:
Originally Posted by Carl Trooper
...

Drunk drivers who have killed get 5-10

You are crazy. There is no way he gets that at all.

Lifetime ban... Sure. Big fine ok. Prison? Not a chance.

Maybe 6 months jail no bail. That would probably be fair.
I don't think so !!

Money laundering

Racketeering

Interstate monetary fraud

Trying to defraud govt agency and casino !!

Trying to defraud casino patron x 4812 !!
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-30-2014 , 09:42 AM
Quote:
Originally Posted by riverph7
I don't think so !!

Money laundering

Racketeering

Interstate monetary fraud

Trying to defraud govt agency and casino !!

Trying to defraud casino patron x 4812 !!
Did he have a gun? threaten peoples lives? steal millions from anyone or wreck their retirements?

How many more years should he get than Bitar, Lederer, or Ferguson?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-30-2014 , 09:56 AM
I think it would be tragic for the final 27 not to be paid what they deserve. To reimburse the losers at the expense of the winners is fundamentally unfair. I hope Borgata chops the remaining prize money for the final 27 either equally or based on chip count, and I think they need to comp the non-cashers with rooms, food and free play.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-30-2014 , 10:35 AM
Quote:
Originally Posted by ChipKatcher
If you think he introduced all the chips on day 2 your an idiot . He was day 1 chip leader for a reason.
Ck, which day one flght did you play? When did you get knocked out of the tournament? Who else do you suspect introduced counterfeit chips? When?

Bold is classic.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
01-30-2014 , 11:14 AM
Quote:
Originally Posted by jjjou812
Ck, which day one flght did you play? When did you get knocked out of the tournament? Who else do you suspect introduced counterfeit chips? When?

Bold is classic.
I know it's classic. I got knocked out at 415 am on day 1. Dude if you can't comprehend that 2 racks of chips essentially lusardi couldn't introduce that into play by himself. Someone posted on here said he didn't act alone. Do you really think lusardi could get over 800k 5k chips think about having a stack of chips in your pocket that's a lot his stack peaked at 1.9 million I saw but after winning a big pot. He probably introduced something like 250k enough to be day 1 chip leader there's not much advantage adding to the stack day 2 he's chip leader. Your trying to tell me sometime on day 2 he added 800k 2 racks
Of chips by himself which would be done at minimum after 2 hours of at he already has a massive chip lead and didn't need extra chips at that time.

Who else do I suspect I don't know that's borgatas problem for not having proper security. They had proper security for other tournament when somebody scooped guys stack up. What if someone scooped my stack in this tournament are those cameras designed to catch it? For some reason you think borgata is a victim and I don't get it...
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote

      
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