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PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme.

01-03-2017 , 07:22 PM
Quote:
Originally Posted by Surfside
Yes with no response, I've also sent several email with no response.
1st, I saw someplace (I believe early ITT) where the FT members of The Aruba event where getting together to do something about this, and welcomed the contact info of any others scammed by these people. I would find that post, and contact them.

2nd, I would consider printing out a bunch of stuff written about this, along w/their phone#'s and addresses, and call & inform the local Police where these people were last known to reside.

3rd, its great you already contacted Foxwoods. Anyone else effected should obviously do the same to the relevant venues.

They have committed fraud, don't wait around for them to pay you what is owed.

Go get it.

Edit: I had posted their phone #'s and addresses earlier ITT from stuff available on the net, but post got deleted. PM me if you like.

Best of luck.
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-03-2017 , 07:52 PM
Quote:
Originally Posted by aruba
Bryans life sucks! I can't imagine going through life with his pain....losing his mom and having his dad be the killer is heartbreaking actually.
I don't understand the logic behind how that would make his life suck. Nearly everyone loses their parents. In terms of his life sucking, I'd be more curious as to what other things his unscrupulous father did throughout his life that negatively affected Bryan and helped to shape the man he is today.
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-03-2017 , 09:14 PM
Your not wrong with your points but knowing my dad killed my mother would be awful!!!!!!! It would top off what I am sure was a ****ting upbringing by his good old dad.

Quote:
Originally Posted by Dream Crusher
I don't understand the logic behind how that would make his life suck. Nearly everyone loses their parents. In terms of his life sucking, I'd be more curious as to what other things his unscrupulous father did throughout his life that negatively affected Bryan and helped to shape the man he is today.
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-04-2017 , 02:15 AM
Quote:
Originally Posted by jradwin
I recently won the package from Foxwoods for the 2017 Aruba tournament. After reading this I reached out to Foxwoods questioning them about the situation.

Rob, in the poker tournament department said that he was 90% sure Foxwoods will be reimbursing the funds for the package to the players directly. He is waiting for the head guy, Juan I believe, to get back from out of the country. Then they would be reaching out to those who won the packages with info regarding payment. The tone I understood seems like they've already cut ties with PPC and are looking to distance themselves from the situation quickly and with the players in mind.

I know this does little for those who are owed money from PPC, however its a starting point for those who are owed 2017 packages.
I heard last week that Foxwoods did break ties with PPC and was holding back some of the PPC's money. I hope you and the other guys who won packages get reimburse along with the top 7 main event winners get pay in full obviously. I saw Juan at Mohegan's holiday hangover last week, but didn't ask him about it. He might be heading down to Pokerstars PCA and then dealing with this after he comes back.
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-04-2017 , 02:23 AM
wow !!! (total Dirt-Bags)

Attempted Gag Order Revealed

The complaint also lays out some concerning facts, one being an email sent to three players (which three are not specified) by Swartzbaugh on December 24.

“We are reaching out one last time with the hope you guys will consider our payout offer,” it reads. “As we’ve expressed, if you three will except [sic] the terms we are confident we can get the remaining players on board to get paid out as well. We sincerely ask you consider this one last time. If so, our group is confident we can get everyone paid in a timely matter and move forward with operation of the PPC Poker Tour. We apologize again for the delay and hope you’ll reconsider.”

The terms mentioned are also laid out in the complaint. Each player was promised to “receive an undefined portion of PPC’s free cash flow on a forward-looking basis until such a time as they are made whole,” though a stipulation was that they would, in effect, need to sign a gag order “to refrain from bringing suit against – or otherwise disparaging – PPC during the pendency of such arrangement.”
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-04-2017 , 02:45 AM
Any one heard a peep from "Poker Radio" guy Mark Hoke ?

Seems as silent as Sandy Swartzbaugh & Bryan Oultan.
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-04-2017 , 03:00 AM
Maryland Live allegedly oversaw the tournament play in Aruba, so was there something wrong with the game play there or in Maryland ?

(I understand the financial motive of trying to rope in the only possible defendant with deep pockets,however what was alleged they did that was "wrong" ? How many of the shotgun blast of counts had anything to do with Maryland Live misconduct or failure to act , et cetera ?)

I am not a Maryland lawyer, but I thought Maryland Live Casino, where the Md. activity took place, was in Anne Arundel County, and its owners were from Baltimore County. Curious why this was brought in State Court in Montgomery County, Maryland.

Stay tuned....
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-04-2017 , 03:35 AM
There is precedent for the casino being held liable.

In around 2007 my team came in second in yhe inaugural poker bowl at the palms.

The organizers split with a huge sum of money, and palms was forced to pay put all the winners.
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-04-2017 , 03:56 AM
I am not sure your facts about Poker Bowl are correct. While the Palms did cover the shortfall, I believe that the organizers freerolled some of the teams/team members and the they didn't raise enough funds to cover the TV production costs and the prize pool for the freerolled teams.

Bottom line is the Organizers didn't abscond with any money that I am aware of.

Shame because it was an fun concept and made for a pretty good pilot.
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-04-2017 , 04:32 AM
Quote:
Originally Posted by Professionalpoker
I am not sure your facts about Poker Bowl are correct. While the Palms did cover the shortfall, I believe that the organizers freerolled some of the teams/team members and the they didn't raise enough funds to cover the TV production costs and the prize pool for the freerolled teams.

Bottom line is the Organizers didn't abscond with any money that I am aware of.

Shame because it was an fun concept and made for a pretty good pilot.
I was under the impression that I got my entire winnings from the palms.

Was not paid anything from the organizers.

Is the video available anywhere?
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-04-2017 , 05:48 AM
Quote:
Originally Posted by doublejoker
I was under the impression that I got my entire winnings from the palms.

Was not paid anything from the organizers.

Is the video available anywhere?
So, basically, this thread actually is about you and you also want video ?

Move to strike on grounds of lack of relevancy.
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-04-2017 , 09:19 AM
Quote:
Originally Posted by Geezer Soze
So, basically, this thread actually is about you and you also want video ?

Move to strike on grounds of lack of relevancy.
really think you are stretching it here.

plenty of stuff to bust chainsaw's chops over, his posts ITT not on that list.
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-04-2017 , 02:18 PM
Very smart to go after Maryland Live!. They could very well decide it's not worth litigating for such a relatively small sum and pay to make this all go away, regardless of whether they're legally culpable. They could put a positive spin on this as coming to the rescue and end up looking pretty good in the eyes of the poker community.

I hope the Maryland Live rep in Aruba had explicit permission from his casino to represent them there. If not, he's ****canned for sure.
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-04-2017 , 03:05 PM
Quote:
Originally Posted by ZenForest
Any one heard a peep from "Poker Radio" guy Mark Hoke ?

Seems as silent as Sandy Swartzbaugh & Bryan Oultan.
Most likely busto. He did one show after PPC on September 10th and that's it.
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-04-2017 , 03:59 PM
Hey Guys,

Thanks for all the excellent news and findings.
I am a player at Tampa Bay Downs and actually purchased a 2017 package from another local player. Though I was not scammed out of a lot this still does not bode well with me and feel like Tampa Bay Downs should be liable for my money lost.

I saw on the article by Cardschat that Maryland Live! had employees at the 2016 Aruba tournament working for the PPC. This is also confirmed to be the case for Tampa Bay Downs. Apparently several were involved and some in manager roles.

This would require more looking into and don't want to believe it, but there are rumblings that Patrick Murphy, the Poker Room Manager of Tampa Bay Downs, somehow had a financial investment in the poker room in Aruba. If this indeed the case, perhaps there are more investors from US poker rooms.
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-04-2017 , 06:19 PM
PokerNews coverage: PPC alleged to be Ponzi scheme; owners charged with racketeering.
https://www.pokernews.com/news/2017/...rder-26695.htm

The headline may be a little misleading as the charge is a civil charge ATM.
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-04-2017 , 07:27 PM
My own latest on the story, including Ronnie Bardah's statement which I haven't seen mentioned ITT for some reason? Apart from that nothing too different from the Cardschat/PokerNews versions.

https://www.pokertube.com/poker-news...-ties-with-ppc
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-04-2017 , 09:21 PM
Bryan is a piece and so is Sandy. They both make me sick to my stomach. I am actually disappointed in myself because I was willing to work for Sandy at one point if the situation was right...glad I never got involved!
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-05-2017 , 02:30 AM
Quote:
Originally Posted by aruba
Bryan is a piece and so is Sandy. They both make me sick to my stomach. I am actually disappointed in myself because I was willing to work for Sandy at one point if the situation was right...glad I never got involved!
I'm sure Sandy was happy to not hire a thug willing to "get in his face" or whatever crap you posted earlier.
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-05-2017 , 02:04 PM
Quote:
Originally Posted by bpb
Very smart to go after Maryland Live!. They could very well decide it's not worth litigating for such a relatively small sum and pay to make this all go away, regardless of whether they're legally culpable. They could put a positive spin on this as coming to the rescue and end up looking pretty good in the eyes of the poker community.

I hope the Maryland Live rep in Aruba had explicit permission from his casino to represent them there. If not, he's ****canned for sure.
I agree that MD Live and the other casinos are the most likely source for getting what the players are owed, which is super unfortunate for Live and others because they were duped just like everyone else. They could have asked to see an escrow account, but short of that they thought everything was being handled properly.

To the best of my knowledge (which includes talking to these a couple years back and working at the first ever PPC event) The Live managers that participated as staff in the Aruba event were not given any share of revenue, or any percentage of the company. In fact, I think that their only pay may have been a free trip to Aruba.

Mike Smith (the Director of Poker Operations as MD Live) has been one of poker's best room director/managers for a very long time. No matter what happens with this, Mike always has the player and poker in general at heart when he makes decisions.

Will the court rule that MD Live needs to pay up? Probably. Do they deserve that? Probably not.
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-05-2017 , 03:10 PM
Quote:
Originally Posted by bpb
I'm sure Sandy was happy to not hire a thug willing to "get in his face" or whatever crap you posted earlier.
........because that Sandy is such a classy fella
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-05-2017 , 05:10 PM
I wish there was a like button, lol.

Quote:
Originally Posted by ZenForest
........because that Sandy is such a classy fella
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-06-2017 , 05:26 PM
In a new court filing obtained by CardsChat, a temporary restraining order was granted by a judge against PPC Poker Tour freezing their assets for 35 days. Says they're also barred from doing business during that time.
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote
01-06-2017 , 11:13 PM
The restraining order is just a formality at this point. The PPC will not exist going forward in any shape....They are done, like burnt toast!
PPC Poker Tour ( Bryan Oulton & Sandy Swartzbaugh ) Very Likely a Ponzi Scheme. Quote

      
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