Two Plus Two Publishing LLC
Two Plus Two Publishing LLC
 

Go Back   Two Plus Two Poker Forums > >

Notices

News, Views, and Gossip For poker news, views, and gossip

Reply
 
Thread Tools Display Modes
Old 07-13-2012, 01:15 AM   #151
67hero
newbie
 
Join Date: Feb 2011
Posts: 45
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

Its come down to not even wanting more on ur account than 2 days of real bad luck will bring, and withdrawing everything after every win.

Someone should make a utube video in dedication to all the fallen site, call it the online poker grave yard.
67hero is offline   Reply With Quote
Old 07-13-2012, 04:12 AM   #152
PurpleStink
stranger
 
Join Date: Jun 2012
Posts: 9
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

Quote:
Originally Posted by DonkeyQuixote View Post
Who is Media Corp ? Is it based in or related to Singapore ?
Media Corp is the owner of Purple Lounge, they are a UK plc. They are not related to the company in Singapore with the same name.

http://www.mediacorpplc.com/
PurpleStink is offline   Reply With Quote
Old 07-29-2012, 08:48 AM   #153
Kvacke
centurion
 
Join Date: Nov 2006
Posts: 197
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

Hi.
Im one of the players that had money on purple lounge that closed down on 23rd of april.
I came a across a few others in the same situation and we are now putting togheter a group of people that have a claim of money from the Purple Lounge.
What we want primarly is as many of you guys as possible that are owed to join in on this group.
So owed purpleloungeplayers, if you see this, write to and become members of this group here:
playerclaimplounge@gmail.com
Thank you and gl everybody.
Kvacke is offline   Reply With Quote
Old 08-10-2012, 01:27 PM   #154
Kvacke
centurion
 
Join Date: Nov 2006
Posts: 197
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

Just wanted to bump on the group. People are joining it and I hope more you that are out there and owed want to sign up for it.
Kvacke is offline   Reply With Quote
Old 08-14-2012, 08:49 PM   #155
NextPlz
journeyman
 
Join Date: Jul 2012
Posts: 370
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

Quote:
Originally Posted by andyg2001 View Post
I don't think the FSA cover gambling with the exception of financal spread betting.
Actually, yes it does. I have spoken to lawyer and they will then check the parent company and what really have happend.

Suggest to ALL players to do that!
NextPlz is offline   Reply With Quote
Old 08-28-2012, 03:03 AM   #156
heltok
old hand
 
heltok's Avatar
 
Join Date: May 2012
Posts: 1,560
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

bump, any news?
heltok is offline   Reply With Quote
Old 08-28-2012, 07:22 AM   #157
ahnuld
Carpal \'Tunnel
 
ahnuld's Avatar
 
Join Date: May 2005
Location: buy side
Posts: 17,531
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

too bad I only saw this now.

Guys in a bankruptcy in the UK, especially for publically traded companies there is a hierarchy of who gets paid back.

At the bottom is the common shareholders who normally get nothing, then the preferred shareholders, then the junior bondholders, then senior bondholders, then the bank, and the first guys to get paid back are customers and employees who are owed wages. Poker players should have first call on any money left in this company, but it doesnt look like management is doing this.

I recommend as many of you email the fsa as possible and ask them to look into it. The more the better.

As well if anyone has any contacts at the ft (financial times) please email them and tell them to look into this story. They always like a good scandal.
ahnuld is offline   Reply With Quote
Old 09-08-2012, 10:38 AM   #158
champstone
banned
 
Join Date: Jan 2011
Posts: 1,372
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

if i was a owner of a eleaf skin id take some sort of legal action vs lga or eleaf . i seen no other way this can or will be resovled. id hire a lawyer in there country to at the very least show that the lga is withholding money and running at best a shady operation fronting as a legit gaming company liscennee . id move to have them stripped of this title.
champstone is offline   Reply With Quote
Old 09-11-2012, 03:52 PM   #159
NextPlz
journeyman
 
Join Date: Jul 2012
Posts: 370
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

Everyone who have money please email FSA ASAP! I know there is a few players who have done this and FSA is probably investigating the issue, but if they get more preassure they will have to take more and more action.
NextPlz is offline   Reply With Quote
Old 09-12-2012, 03:00 AM   #160
Bullitos
old hand
 
Join Date: May 2006
Posts: 1,376
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

I don't have a lot of money on PPL, but if somebody could post an example e-mail and an e-mail address to send it to I'd be happy to help out.
Bullitos is offline   Reply With Quote
Old 09-12-2012, 06:33 AM   #161
bedriga
stranger
 
Join Date: Jun 2012
Posts: 11
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

Quote:
Originally Posted by heltok View Post
bump, any news?
An update... Media Corp has confirmed the total liability Purple Lounge Malta has towards players is 800,000$ (see here). Purple Lounge Malta has not been put into liquidation yet and Media Corp says "the liquidation process requires people to register their debts and each player with a balance will be contacted by the liquidators over the coming weeks".

The Purple Lounge player group mentioned above (playerclaimplounge@gmail.com) has over 50 persons currently claiming a total of over 500,000$. Obviously there isn't much left (if anything) in PL bank accounts to cover the outstanding player balances and predictably the current MDC management blames the old guard.

More pressure form affected players is certainly beneficial.

Quote:
Originally Posted by NextPlz View Post
Everyone who have money please email FSA ASAP!
Can you please provide a website/e-mail address where others have contacted the FSA?

Last edited by bedriga; 09-12-2012 at 06:42 AM.
bedriga is offline   Reply With Quote
Old 09-14-2012, 07:37 AM   #162
NextPlz
journeyman
 
Join Date: Jul 2012
Posts: 370
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

http://www.fsa.gov.uk/consumerinform...hings_go_wrong

Last edited by NextPlz; 09-14-2012 at 07:46 AM.
NextPlz is offline   Reply With Quote
Old 09-14-2012, 08:25 AM   #163
Bullitos
old hand
 
Join Date: May 2006
Posts: 1,376
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

Is there any way to file a complaint via e-mail?
Bullitos is offline   Reply With Quote
Old 09-14-2012, 10:25 AM   #164
davmcg
veteran
 
Join Date: Jan 2003
Posts: 2,380
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

I don't see why anyone thinks the FSA has any authority to do anything about this. Has anyone had any communication from them saying that they do?

I can only imagine that the lawyer who suggested them was confused about poker site deposits and unauthorised deposit taking.
davmcg is online now   Reply With Quote
Old 09-15-2012, 09:07 PM   #165
NextPlz
journeyman
 
Join Date: Jul 2012
Posts: 370
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

What I know about this is,

1. Mother company is regulated by FSA
2. When you fill a complaint they are legally forced to investigate
NextPlz is offline   Reply With Quote
Old 10-16-2012, 01:28 PM   #166
moving shapes
veteran
 
Join Date: Sep 2006
Posts: 2,903
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

Here is a reply I received from the FSA:


Quote:

Dear Mr X
>
> Thank you for your email dated 5 September 2012.
>
> I understand from your email that you are writing to the Financial Services Authority (FSA) in relation to your complaint against Media Corp Plc. I note that you feel that the FSA should conduct an investigation into possible fraud at the company.
>
> Firstly, I would like to thank you for taking the time to send in your email and appreciate the concern this situation may be causing. I would therefore like to explain the role of the FSA and provide some further information in relation to your query.
>
> I would like to clarify that we are the UK's financial regulator set up by the government to regulate financial services and protect your rights. This means we set standards that financial services firms have to meet and we take action if they don't. We regulate most types of financial services firms, such as banks, building societies, credit unions, insurance companies, financial advisers, stockbrokers, and mortgage and insurance sellers. For further information on our role please read the attached link to the consumer pages of our website: http://www.fsa.gov.uk/pages/consumer...on/index.shtml
>
> In relation to your query, I can advise that Media Corp Plc is not authorised or regulated by the FSA, neither to we regulate the gambling industry. Therefore, we are unable to comment on this matter or conduct an investigation into the firms activities.
>
> Within the article, it mentions the Malta Regulator LGA being requested to suspend operations and therefore you should contact them to discuss this matter further:
> www.lga.org.mt/lga/home.aspx
>
> You may also wish to contact the Gambling Commission as they may be able to investigate the matter:
> www.gamblingcommission.gov.uk/
>
> I appreciate this may not be the response you were expecting, however, I trust that I have clarified why the FSA cannot help with your enquiry.
>
> If you have any future questions on financial services and products, you may find it easier to call our Consumer Helpline on 0845 606 1234 (call rates may vary). You can also access relevant information online at www.fsa.gov.uk/pages/consumerinformation and via the Money Advice Service website: www.moneyadviceservice.org.uk/.
>
> Yours sincerely
> [removed name]
>
>
> Customer Contact Centre
> Financial Services Authority
> Consumer Helpline: 0845 606 1234 (call rates may vary)
> www.fsa.gov.uk/pages/consumerinformation

I think I used this online form:
http://www.fsa.gov.uk/consumerinform...nsumer_contact

very frustrating.
moving shapes is offline   Reply With Quote
Old 10-16-2012, 07:19 PM   #167
andyg2001
veteran
 
Join Date: Mar 2009
Location: UK
Posts: 2,906
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

Quote:
Originally Posted by moving shapes View Post
Here is a reply I received from the FSA:





I think I used this online form:
http://www.fsa.gov.uk/consumerinform...nsumer_contact

very frustrating.

This was my understanding of what the FSA does. I have said this before in this thread, But it was cliamed I was wrong by someone that had contacted a laywer saying talk to the FSA.
andyg2001 is offline   Reply With Quote
Old 10-17-2012, 03:41 AM   #168
uffda
journeyman
 
Join Date: Dec 2005
Posts: 310
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

You should reported them to the police in the UK. In te 5050Poker case, which is very similar, players reported them to Swedish police. Site was licensed in Malta, but the owners/suspects are Swedish, and some victims are in Sweden. The Swedish police have started an official investigation into the case.

Purple Lounge was operated out of the UK, had payment processing there, all the prinpal scammers live there. My understanding is that only the servers and the licence was in Malta. It should be a matter for the UK police.

Last edited by uffda; 10-17-2012 at 03:47 AM.
uffda is offline   Reply With Quote
Old 10-17-2013, 06:32 AM   #169
purPleHaZe321
stranger
 
Join Date: Jun 2011
Posts: 12
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

update?
purPleHaZe321 is offline   Reply With Quote
Old 05-01-2014, 02:06 PM   #170
schusch
journeyman
 
Join Date: Dec 2005
Posts: 253
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

Hello,

I just wanted to share this(Im part of the group who went to court, but basically all the credit for that work goes to someone else, just fyi), but I felt like posting this.
Sorry I didnt do it earlier,I also just got this like 1Hour ago.
Also apalogies/delete post if this is wrong here.
Here it goes, I actually got quite a bit more info, but Im not sure if its meant to be published.

ATTENTION ALL FORMER PURPLE LOUNGE PLAYERS WHO HAVE LOST THEIR MONEY
You may not be aware that Media Corporation Plc has formally admitted that THEY owe you the funds held in your former Purple Lounge player account which have to date been denied to you. A meeting is being held in London tomorrow (2nd May 2014) at 11.30am at which it is intended to pass a vote, which if successful, will mean you will not be able to pursue Media Corporation Plc for full return of your funds. A number of former Purple Lounge players have formed a group called The Players Claim Group. Their combined claim is for 500,000. They have already registered a vote against the proposals being presented tomorrow. The more people that join the group and agree to vote against the proposals the more likely they will be rejected. To that end we ask you as a former Purple Lounge player who has lost money to read the below, enter the amount of money you have lost and date and sign this document. IMMEDIATE ACTION IS REQUIRED.
Please then return it after scanning to: playerclaimplounge@gmail.com
---------------------------------------------------------------------------------------------------------------------------------
(Please copy below text into an empty document and sign and scan to above address)
I am a former Purple Lounge poker player who lost money when Purple Lounge closed down on 23 of April 2012
I understand that Mr John Michael Botros, sole director of Media Corporation Plc, has admitted the debt of Purple Lounge poker players within the group known as The Player Claim Group while at the same time he has stated that their funds were stolen by former directors.
I wish to join The Player Claim Group with immediate effect and support their vote against a Company Voluntary Arrangement. I wish to see Media Corporation Plc liquidated so that independent liquidators can be appointed to thoroughly investigate the company’s affairs and the conduct of former directors.

My name is:

The amount I am owed is (approximately if you cant remember exactly):

My signature:

Date:


edit: sorry that I cant write more now,Il be back in 1Hour or so, also this has to be sent within next 4hours.
schusch is offline   Reply With Quote
Old 06-16-2014, 06:16 AM   #171
Suwalski
adept
 
Join Date: Jul 2006
Location: Simply not there
Posts: 1,141
Re: Purple Lounge to be Liquidated, Parent Company Washes Hands of Responsibility to Pay Player

Is it possible to retrieve old hand histories from purple lounge? It is somehow important.
Suwalski is offline   Reply With Quote

Reply
      

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Forum Jump


All times are GMT -4. The time now is 04:34 AM.


Powered by vBulletin®
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Copyright 2008-2020, Two Plus Two Interactive