With the extent of knowledge elevengrover has, why can't the PPA put him in front of the DOJ and have them talk about these issues? I think Grover has a compelling case to the DOJ for why UB should be labelled the exact same way FTP was.

I don't know if this helps but in July 2010 I was still able to make unlimited withdrawls. My last large wire from them came in late July for 50k. By October 2010 they had restricted cashouts to 8k/week but were very timely with sending the 8k/week. Some time after January 2011 they lowered the withdrawl limit to 4k/week and again were very timely sending 4k every week. I was receiving weekly 4k weekly payments up until Black Friday.

Sure, but who is going to pay the players? Stars paid the FTP players, not the DOJ. UB would need someone to both pay the fine to the DOJ and pay the players back.

This was partly why I concluded the AP guys had not looted the company post-2008. Beckley said he believed he could cover significant player liabilities with outstanding processor receivables, the number we heard was between $14 and 24m. They also had the $5m in cash on BF. Clearly a problem of liquidity and an unknown hole in deposits. Also, though way down, they were still getting deposits thru 2010. Another area the DoJ could have looked at was how Leggett disbursed the remaining cash. Affiliates/partners/friends def got priority.

One step at a time, get them labelled as a bunch of criminals first. Then go from there.

This was said hundreds of times within this thread in a hundred different ways, so rather than waste your time writing this post out, you could have copy and pasted somebody else's post a couple pages back. Your post would have been the same.

At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this thread is now dumber for having to read it. I award you no points, and may God have mercy on your soul.

What are the phone numbers we should be calling again?

JASON COWLY: DOJ (212)637-2479

US Attorneys Office
Sharon Cohen Levin
2126371060

Michael D. Lockard
2126372193

Just letting you guys know I sent Sharon Levin e-mail on friday asking about the funds/situation.

I'll update if/when she responds. If I don't hear from her by Thursday I'll call her up.

Today is Thursday just a reminder

I just called Sharon Cohen Levin at the US Attorneys Office. She picked up when I called and was very friendly. We spoke for about 5 minutes. I didn't take away anything of great value from conversation but thought people might be interested in some parts.

- She said they intend to setup a victims compensation fund for AP players and that they do intend to treat AP players as victims of fraud in "the same manner as FTP victims."

- They are still in the process of liquidating AP assets. Once that is complete, she said they will "take a look" at other areas where AP players could legally be paid from (I specifically asked about frozen bank accounts and the PokerStars settlement funds - she sounded like she genuinely would like to use these sources but would likely be prevented due to certain rules and regulations).

- I asked if this was likely a scenario where we would be paid five cents on the dollar in a couple of years. She responded that she hopes the amount is much more than that and sounded fairly certain it wouldn't take years. She said they are focused on getting the FTP funds all dispersed and then would be focusing more on the AP situation.

Overall, I came away somewhat optimistic that we might see a meaningful amount of funds returned in a somewhat reasonable timeframe. She obviously couldn't give many details, and much information is still unknown, but it was nice to know us AP players haven't been totally forgotten.

Best news we have had....Nice work!

Nice trip report.

How is that not taking away something of great value? This sounds like wonderful news. Well done newb!

Definitely.

PPA has and will continue to reach out to DoJ to determine a means for them to be authorized to use remaining FTP money for a UB/AP remission. Poster Gzesh was helpful with some rationale, as I mentioned ITT.

I sure hope they can make something happen.

positive news for once, lets keep pushing

We need to work on those frozen accounts.....those are player funds.

I guess I can add to this from my conversation. I asked about the frozen accounts and she basically said the accounts were almost all payment processor accounts. She added that the payment processors almost all handled payments for multiple sites. I asked if it's possible to figure out specifically which funds were AP/UB player funds, and she said it might be possible but the amount of frozen funds that ultimately belonged to AP/UB was very minimal. At this point in the conversation she said they will try to use frozen account funds to repay players but they ultimately may be restricted due to remission rules/regulations.

So I suppose it can't hurt to make a push to use frozen funds to pay back AP/UB victims, but the DOJ already seems to have that in mind if it's possible.

at least its something positive

Best news in this thread so far, but I can't help but think that it will be years at best before we might see anything.

For my 4,000th post, I would like to reiterate that this is some good news.

Positive post, but like the OP said, he didn't take away great value from the conversation cause unless we get paid close to 100% on the dollar we are getting robbed, and the way it is going right now, I would be shocked if we are paid 50 cents on the dollar. Plus what about points and rakeback, I am glad to see FTP affiliates are getting paid and maybe that is a good precedent for UB, but I do not think FTP got paid for unused points.

^^ serio?

getting anything here would be fantastic

I think if i get 10-15k out of my 110k i have stuck there im jumping in the air.

I am expecting to get 0$ since a very long time, until i saw this thread today.

Why would you have unused points....the site was up and running after black Friday, giving time to convert. Unless you were in Jail or something.