I'd be extremely dubious about efforts that involve actively luring people into the black hole that is Cereus, but you guys are way out of line here.

If another site bought the player base, regardless of the terms, you have no right to prejudge their intent or whether they'd keep funds segregated. It would be a business decision that the site has made and if their licence requires them to keep their funds segregated then the same would go for the new funds, or at least as people claimed them via whatever deal they were offering.

That said I'd be pretty surprised if the player base was worth even that given the headaches involved, and even more surprised if Cereus management agreed to take nothing.

as a long-time good friend he really has no incentive to make up that story. as a ub reg with money on ub i also can't see an incentive for me to make up the convo.

not sure how knowing what clinic one owner goes to really helps us though. i mostly posted it for entertainment value.

I would definitely hire someone to kidnap him next time he comes around. Then we can fly out there and torture him until we get the info we want. Possibly even hold ransom.

THe old UB.......

Chat InformationWelcome! An online representative will be with you shortly. You are number 1 in the queue. Your wait time will be approximately 0 minute(s) and 11 seconds. Thank you for waiting.
Chat InformationYou are now chatting with 'Amy, Security Dept.'
Amy, Security Dept.: Hello how may I help you?
Amy, Security Dept.: May I have your username and email address please
XXXXX: Hello, I noticed my account is finally opened. I didn't receive an email with an explanation yet of what happend.
XXXXX: XXXXXXXX@yahoo.com
XXXXX: XXXXX
Amy, Security Dept.: You had requested to have have your account closed for a 7 day period. It was closed under another issue in error
XXXXX: When did i request this
Amy, Security Dept.: In the month of april.
Amy, Security Dept.: You made a complaint
XXXXX: Ok so, i asked in the month of April for a 7 day ban and its now Sept
XXXXX: i dont understand
Amy, Security Dept.: Yes. I see you are now able to log on.
XXXXX: Yes i can now, but how can i be assured i will be able to later
Amy, Security Dept.: Your account should not be closed unless there is a security issue
XXXXX: A 7 day ban in April goes into affect in September, what am i supposed to think?
Amy, Security Dept.: sorry
XXXXX: I'm worried about depositing honestly
Amy, Security Dept.: If you do not feel safe You can always play for fun.
XXXXX: I gave Ultimate Bet a 2nd chance after all the fraud that took place.
Amy, Security Dept.: Thank you have a nice day!
XXXXX: Hello
XXXXX: I'd like to talk about this
XXXXX: I can you assure me as a player that my money will be safe after mistakes like these happening
Amy, Security Dept.: Yes your money is safe.
XXXXX: I loved this site at one time and its a shame that I'm treated poorly as a customer.
Amy, Security Dept.: How do you feel you are treated poorly as a client. I can suggest you compose a email and list your complaints.
XXXXX: My 7 day ban went into affect 5 months later
Amy, Security Dept.: The issue has been resolved.
XXXXX: "sorry" - that's how things are resolved?
XXXXX: I like this site and want assurance i can play here with no worries.
XXXXX: I thought you guys have new owners and everything was supposed to be legit.
Amy, Security Dept.: Everything is legit sir Is there anything more I may help you with?
XXXXX: In your opinion, how was this issue resolved?
Amy, Security Dept.: If you would like more info concerning this You can compose a email to pokersecurity@absolutepoker.com
XXXXX: If i were to do something wrong, id be forced to send bank statements, Ids,and then once i sent them id get an email saying "its not clear" and do it again. I cant just say "sorry" and things are ok.
XXXXX: And this process would take weeks
XXXXX: Whats your job at UB/AP, to just tell people sorry and to email support?
Chat InformationPlease wait while I transfer the chat to 'RandyM, Security Dept. Supervisor'.
Chat InformationYou are now chatting with 'RandyM, Security Dept. Supervisor'
RandyM, Security Dept. Supervisor: Hello
RandyM, Security Dept. Supervisor: How can I help you?
XXXXX: Hello
XXXXX: I'm really bothered about my 7 day ban going into affect 5 months after i asked for it
RandyM, Security Dept. Supervisor: That issue has been resolved. You are now back on.
XXXXX: And then i didn't get response back via email saying why it happened and a reason to why i should feel safe playing here after this
XXXXX: But how does something like this happen?
RandyM, Security Dept. Supervisor: If you do not wish to continue playing here sir I can close your account.
XXXXX: What if i have a couple thousand in my account and i randomly get a 180 day ban?
RandyM, Security Dept. Supervisor: It's not random sir
RandyM, Security Dept. Supervisor: Your email was received with a delay. We thought you had just sent it.
XXXXX: Just like my cashouts, I will be posting this conversation on the forums.
RandyM, Security Dept. Supervisor: Feel free
XXXXX: i love the new UB
XXXXX: lol
RandyM, Security Dept. Supervisor: Anything else I can help you with?
XXXXX: You havent helped me with anything
XXXXX: BYE
RandyM, Security Dept. Supervisor: Then why don't you cut to the chase and just tell me what your problem is.
RandyM, Security Dept. Supervisor: After reviewing this chat and emails you have sent us in the past that you are showing signs of a gambling problems
RandyM, Security Dept. Supervisor: I am afraid i have no choice but to close your account.
XXXXX: XXXX YOU!
XXXXX: hows that
XXXXX: Im posting this and ill call UB 24 hours a day until i talk to your boss
RandyM, Security Dept. Supervisor: That's fine and helps me prove my point
XXXXX: OK
XXXXX: is this how you handle ****??? I can just make a new account at a friends. Thats how ****s done at UB huh
RandyM, Security Dept. Supervisor: Thanks for alerting me to your intention of committing fraud
XXXXX: your very welcome
XXXXX: You bastards scammed people
XXXXX: Ill play at trusted sites this my own god damn fault i guess
RandyM, Security Dept. Supervisor: Good luck with that
XXXXX: so whats your user name?
XXXXX: You guys havent changed 1 bit
RandyM, Security Dept. Supervisor: Anything else I can help you with?

same as the new!

tldr cliffs

Should I apply for this job? lol.

http://jobview.monster.com/Financial....aspx?fwr=true

Full Tilt was just discussed on CNBC and said the company was operated as a Ponzi scheme and that several pro players are part of the law suits against the company. Links to follow if I can find them

Leaving aside what happened at UB/AP, does anyone know what happened to all the money at Full Tilt?

The CNBC segment talked about 350m+ of player money and only 69m of cash at the company.

Where did 300m go?

I find it close to impossible to believe the that company could have burned through that much from operations, advertising etc... Someone almost had to have stolen a boat load of money.

http://www.gambling911.com/poker/chr...er-092011.html

http://www.gambling911.com/poker/bre...me-092011.html

we know why are you spamming this thread with that?

Because we're in the same boat.

Had a $250 Instadebit payout processed yesterday. For the first time since BF I had a payout processed in exactly two weeks - the fastest time yet. I have no idea if its just this once or they are going to increase the rate of payouts - but either way, somewhat good news.

If you had read the entire article you would have came across this....

""while at the same time using player funds to pay out hundreds of millions of dollars to Full Tilt Poker owners." "It goes on to say that Full Tilt’s Board of Directors, allegedly Ray Bitar, Howard Lederer, Chris Ferguson, and Rafe Furst, paid to themselves and other owners “approximately $443,860,529.89″"

The devil you know is better than the devil you don't... At least with CEREUS I knew I who i was in bed with...

Sorry.

Initially, I just saw the story on CNBC. There were no details. So I just posted the gist of the story with some questions. Then I found the details later.

It will be interesting to see if anyone at UB/AP is going to be charged with the same kind of thing. That's why I posted it here. We are essentially in the same boat.

Probably not phil and annie got out of dodge when they sniffed what was coming!!

If you think someone leaving a criminal enterprise months before charges are brought down upon said enterprise excuses them of years of misdoing, you sir are horribly wrong.

But that is besides the point because, from my knowledge, Phil and Annie were just paid faces and not owners. I would be very surprised if Brent Beckley and Scott Tom didn't have some more charges brought against them....

Can i get an update on the current player withdrawal situation? Has anyone received a payment recently? Amount? Duration between payments? Any difference between AP and UB? Most successful withdrawal method?
Im taking a trip to Canada next month, in regards to getting my account turned back on to attempt a withdrawal, any tips or suggestions?

Thanks

Try the UB/AP thread in mid stakes nl, lot of people there discussing cashout situation

Annie at least is an owner in the sense that she has a huge amount of shares and imo could face DOJ charges like her brother.

Would love to see Annie Duke go to prison.

LOL

Dear Michael,

Thank you for contacting us.

We regret to inform you that your UB account 9046030 (LOVETHISFISH) has been closed due to a breach of our terms and conditions.

We received notification that your issuing bank performed a dispute of charges of $35.00 for a transaction that you made with UB using Quick Deposit (formerly called Instant eCheck).

Please find below the details of the deposit you made:

Transaction Amount: $35.00
Transaction Date: 4/12/2011

The current balance in your UB account 9046030 (LOVETHISFISH) is $1,289.50, which has been withheld due to the chargeback received.

Pursuant to sections 5.5 and 8.2 in our terms and conditions, any U.S. player who initiates a chargeback or return will have their poker account blacklisted and will be sent to collections.

Please take some time to read our terms and conditions, section 8.2. "Account Closure and Forfeiture/Termination" which states the following:

"Notwithstanding any provision of this Agreement to the contrary and not by limitation, UB has the right to close your Account and/or terminate this Agreement, suspend your Account, limit the features and Services available, confiscate and forfeit any funds, chips, tournament entries, or other Account attributes, refuse to process transactions, disclose information related to your Account to banks, credit card companies and/or any person or group who may have right to such information, and/or initiate any appropriate legal action against you upon the occurrence of any of the following actions or events:
• You falsely claim that you did not make a processed deposit on your Account with UB or any other site (engaged in “chargeback”);
• You become bankrupt or insolvent in any jurisdiction in the world;
• You have made authorized payments that subsequent to making them become or became dishonored in any way."

Your case is being reviewed by our Management team to determine a final decision regarding your account, and we will provide an update on this shortly.

Please do not hesitate to contact us again if you require any further clarification of this policy or additional information.

Best regards,

Elizabeth

Wow, so gross. License to steal.

Does this new PPA e-mail/announcement apply to Cereus players in any way?