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FTP Discussion Thread (Everything but big new news goes here. Cliffs in OP) FTP Discussion Thread (Everything but big new news goes here. Cliffs in OP)
View Poll Results: Do you want the AGCC to regulate the new FTP?
Yes
1,156 56.58%
No
887 43.42%

09-21-2011 , 09:46 AM
Quote:
Originally Posted by knef
Whoever is behind that site is obviously reading this thread as they removed a direct link to Volksbank German website from the footer of their page within last 15 minutes.
Ok, it's almost certainly fake then

When you sign up for updates, it's done through FeedBurner, which is a newsletter service that's supported by Google AdSense (people who create newsletters and mail them out to people generate a profit through Google AdSense on whatever ads the recipients of those newsletters click on)

So it's just some guy looking to make money through AdSense, but he has no content so he's tricking people instead.
09-21-2011 , 09:52 AM
Quote:
Originally Posted by *******
Ok, it's almost certainly fake then

When you sign up for updates, it's done through FeedBurner, which is a newsletter service that's supported by Google AdSense (people who create newsletters and mail them out to people generate a profit through Google AdSense on whatever ads the recipients of those newsletters click on)

So it's just some guy looking to make money through AdSense, but he has no content so he's tricking people instead.
Nice research!
09-21-2011 , 10:02 AM
I've reported the website and his FeedBurner account to Google using their Report a Policy Violation form
09-21-2011 , 10:13 AM
i'm just glad we've been represented in the PPA and before Congress by Howard (fatandskinnysimultaneously) Lederer.


thanks fatso!


it sets us back temporarily. We desperately need a HUGE respected person to come out of the woodwork and vouch for online poker.

but the reason that it will be legalized and regulated within theh next couple of years (hope, hope) is because its an immediate revenue source for a country desperate for influx of money.

disclaimer: I'm not 100% certain it was HL that testified before some congressional committee but i'm fairly sure.

disclaimer #2: i have always been a proud and outspoken "rigtard" and all you suckers who pointed and laughed can bow down and suck it.... i knew i was right all along.
09-21-2011 , 10:16 AM
what´s up with the alderney guys?
i can´t believe the hearing ist still ongoing?

facing the new facts there´s only one thing to do: revoke the licence
09-21-2011 , 10:21 AM
Weird, on AGCC's homepage (http://www.gamblingcontrol.org) it says:

"Full Tilt Poker Update was last modified: September 21 2011 15:15:12."

I can't find any news in the linked PDF though and it says it's from Sept. 14th.
09-21-2011 , 10:57 AM
does this thing has some reason now?
http://www.facebook.com/event.php?eid=279917485367119
09-21-2011 , 11:06 AM
Quote:
Originally Posted by Percival
The seizing of assets, is to prevent FTP mentioned shareholders from having any further access to corporate and personal accounts, including assets, where presumed dividends and assets currently are. Those who were cheated will likely get some cash back, the amount depends on how much is gained from the sale of FTP assets, less whatever fine the justice dept. imposes. The amount of the fine will be determined by politics, and it's likely to be less than about 40% of the value of all estimated FTP assets, with the remaining (approx.) 60% being divided among players that are owed money by FTP.

Bernie Madoff didn't pay fines to the DoJ, to the extent that money collected (from the sale of his assets), went back --in distributions-- to people he cheated. The same will likely occur when the dust settles on the FTP fuque all.

Am I new to this? No I'm not. I'm quite familiar with how it will work, which is why I took the time to spell it out for you. And by the way, I did not make any claims that this is guaranteed, as you craftily added.

Howard Lederer and Chris Ferguson will be taking extraordinary risk by not disclosing ALL of their assets and holdings that they've tucked away. The consequence of getting caught from such an action could result in a fast track to living behind bars for several years. But then again, they gambled this much already, whose to say they won't continue in their wicked ways.
Benrie Madoff was different. Bernie Madoff ran his ponzi scheme through a Broker Dealer that partially insured the deposits of people scammed. SIPC then took over the BD and put all the assets in BK and hired a trustee to go after the rest. This might occur here, but there are lot of issues - for one the companies are all over the world and that may present problems, including jurisdictional and legal issues. Also, not sure who does this, it really isn't the DOJ responsibility - AGCC maybe....but they dont have the skills and there is no developed BK law in Alderney....Don't see this happening like BM at all.

Quote:
Originally Posted by MattC
I disagree. This happening shows that there needs to be regulation. It's not like the government hasn't stopped hurting for money and is looking for ways to make it. Also, there is a lot of heavy lobbying going on by deep pockets to make legalization happen, and with foreign competition out of the way, this is going to be much easier for them.

+1

We have said this all along. Not sure if this makes it easier though.
09-21-2011 , 11:11 AM
Quote:
Originally Posted by MattC
If most people DON'T care about poker than they WON'T care about a bill getting passed or not. This can easily get piggy backed onto something like whatever Obama tries to pass, like his adding taxes to the rich for example. Kyl, the big opponent of having regulation passed last year, is on our side now. They know they have to pass a federal bill soon, or else states will try to take advantage and pass their own monopolistic legislation. This can easily be turned around and be argued that the citizens of this country need to be protected.
We will see.

" This can easily get piggy backed onto something like whatever Obama tries to pass, like his adding taxes to the rich for example."

No bill is out of committee yet and can't be attached to another bill till it clears a committee. To force a bill to the floor would require a majority vote. No committee is going to clear the bill in an election year.

Poker just got a massive black eye. Hell Howard (the guy currently facing $40M in fines) TESTIFIED BEFORE CONGRESS! It makes proponents of poker look like idiots. Nobody is going to risk political capital on poker right now. A huge scandal which keeps getting worse + election year + populace more interested in the economy than anything else (Obama getting killed because of healthcare nonsense instead of "fixing the economy).

I am not trying to convince you just bookmark this and check back in Nov 2012. It is even likely no bill even reaches the floor during the next session of Congress (2012-2014).
09-21-2011 , 11:11 AM
Quote:
Originally Posted by V-Delaney
Tarnished brand is tarnished
Lederer, Bitar, and Ferguson are tarnished. FT is to a certain extent, but if new owners are clean, then FT could possibly be disassociated enough from the fraud/tarnish to be successful again. They have the software, and they have a name everyone knows. Until this year it was one of the biggest and most trusted names in a multi million dollar industry. It's a case of how much blame can be associated with the owners, rather than the brand, so that the FT name can be synonymous again with online poker, rather than fraud.
09-21-2011 , 11:13 AM
Quote:
Originally Posted by Big Mack
http://www.volksbank.rs/

That's the website but I can't report it cause I don't understand whatever language it's in. Anyone?

edit: I was too hasty, seems that's just one of many domains they have. Searching for an English one..
You put link ov Volksbank who's origin from my country Serbia, that's just representive office for my country , main branch is here :
http://www.volksbank.com/

and it's Austrian well know/ oldest / respected bank , so this news ( http://www.fulltiltfund.com/) that showed up give me hope that full tilt going to re-pay it's customers and that site gonna comeback so we can play again . FYI i got stacked there around 4k $ ....

Let's see what news we will see in next few days, but this seem's that tilt is sold out to some investors and they are planing to return everything . And i am very happy about that even we have to wait 3 months ...
09-21-2011 , 11:19 AM
Quote:
Originally Posted by Frubi_ZMIJA
You put link ov Volksbank who's origin from my country Serbia, that's just representive office for my country , main branch is here :
http://www.volksbank.com/

and it's Austrian well know/ oldest / respected bank , so this news ( http://www.fulltiltfund.com/) that showed up give me hope that full tilt going to re-pay it's customers and that site gonna comeback so we can play again . FYI i got stacked there around 4k $ ....

Let's see what news we will see in next few days, but this seem's that tilt is sold out to some investors and they are planing to return everything . And i am very happy about that even we have to wait 3 months ...
Why is part of me actually clinging onto some hope that this is infact not a level and that the site is 100% legit
09-21-2011 , 11:21 AM
http://twitter.com/#!/FullTiltFund

That's the twitter lol.

Look at the ****ing state of it.
09-21-2011 , 11:21 AM
Read above, the fulltiltfund webpage is a hoax
09-21-2011 , 11:23 AM
From twitter

@Kevmath Kevin Mathers
Apparently a statement from AGCC within 24 hours? http://calvinayre.com/2011/09/21/leg...-agcc-hearing/
09-21-2011 , 11:23 AM
khm, eldorian how the hell now is hoax?
09-21-2011 , 11:24 AM
The brand name FTP could certainly be brought back out by some new management in the ROW just like keeping the old label on a beer can after you absorb the brewery! A new FTP would likely be much smaller at first and operate much differently. If all went well they might grow again into a major site. It's a lot of ifs and maybes and would require a whole lot of money. I doubt it will happen, but I disagree that it can't happen!
09-21-2011 , 11:30 AM
Quote:
Originally Posted by MMD
Why is part of me actually clinging onto some hope that this is infact not a level and that the site is 100% legit
Because you are a complete idiot...zero chance its legit....its a scam.

It is a great way for a wanna be affiliate to collect FTP player emails though and use them for all sorts of purposes down the road. If this was legit it would be backed up with the name of the the group and wouldn't have the logo of some european bank on it....come on people, stop clinging here....

Last edited by DoubleDealing; 09-21-2011 at 11:41 AM.
09-21-2011 , 11:30 AM
Leda i wrote few post's that link is not good it's just their representive office in my country-serbia, and main branch is from Austria and bank is well known/secure etc.
09-21-2011 , 11:32 AM
It is a Serb site yeah, 100% scam though. (hej brate srbine!)
09-21-2011 , 11:37 AM
it shows there is a page 367, but it will only let me be on 366... test..
09-21-2011 , 11:37 AM
Quote:
Originally Posted by Frubi_ZMIJA
khm, eldorian how the hell now is hoax?
It's such an obvious hoax, does it really have to be explained??!!

Hint: it's hosted on Google's Blogger
09-21-2011 , 11:39 AM
Quote:
Originally Posted by Bene Gesserit
The brand name FTP could certainly be brought back out by some new management in the ROW just like keeping the old label on a beer can after you absorb the brewery! A new FTP would likely be much smaller at first and operate much differently. If all went well they might grow again into a major site. It's a lot of ifs and maybes and would require a whole lot of money. I doubt it will happen, but I disagree that it can't happen!
As it stands the ROW has lost at least $150m due to FTP / US Government UEIGA / the DoJ / American Directors stealing funds depending on your viewpoint.

Internet Poker is perfectly legal in ROW. Like smoking a cigarette and drinking a beer, assuming you are of minimum age. We are not subject to US laws.

FTP now falls into the same category as all those other sites that left town without paying players.

Some forget these sites are regulated. The regulators regulate against most eventualities but it's hardly fair for them to legislate against the action of mindless foreign governments. Sure, US had a problem with their residents playing but that shouldn't mean ROW loses cash.

DoJ should do the right thing and return these funds to ROW. The US players can then sue their own thieving director residents for the money stolen from their citizens in their courts and on their own time.

Sure gonna be interesting to see how many of the foreign bank accounts that have been frozen by DoJ, actually end up getting seized. Pokerstars got it books in order so 'all but $5m' of the Luxembourg account was handed back to PS i.e ROW. Same will soon apply to FTP.

Some of that cash didn't come from US players and didn't hit US shores, so how is it laundered in the US? Same probably goes for a percentage of the processor funds seized.
09-21-2011 , 11:49 AM
http://online.wsj.com/article/SB1000...ch_LEFTTopNews

Another WSJ article about yesterday. Story is still number 1 on the tech side of the site

      
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