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Reuters: Full Tilt Poker, Pokerstars and Absolute Poker charged with illegal gambling Reuters: Full Tilt Poker, Pokerstars and Absolute Poker charged with illegal gambling

04-18-2011 , 05:21 PM
I have to say if the accusations the FBI have made agianst these three sites are true then one would think this is not only a issue that should be delt with by the united states, this should be resolved by the UN as well, and the sites in question should be shut down all together, only because if fradulant actions have occured in the states with these sites what makes you think that it is not happening all over the world pertaining to the allogations.

I personally believe the FBI should share the wealth of information they have pertaining this matter with the United Nations and this matter should be investigated on a global scale.

If these people were bold enough to try and get away with this crap and pulling the wool so to say over intelligence aggencies within the united states it leads me to believe they have no fear nor respect for society as a whole and have been doing what they are doing all over the world.

I feel sorry for all the legit players within the united states that may never get the chance to cash out but I am happy that your intelligence agencies/government are standing up to the scammers of the world who thought they had it in the bag so to say.
04-18-2011 , 05:22 PM
Quote:
Originally Posted by michael12345
the link shows he's up by $5mill since 08. fish?
think your laptop may be upside down
04-18-2011 , 05:22 PM
Best tweet ever from Eric Seidel:

Quote:
Just got back from a camping trip..so peaceful. Anyone else having trouble logging in?
04-18-2011 , 05:23 PM
http://www.ustream.tv/channel/quadjacksmonday

got pros putting in their .02 here along with other celebs. live audio for 48+ hrs for now.
04-18-2011 , 05:23 PM
Quote:
Originally Posted by Link2me
I have to say if the accusations the FBI have made agianst these three sites are true then one would think this is not only a issue that should be delt with by the united states, this should be resolved by the UN as well, and the sites in question should be shut down all together, only because if fradulant actions have occured in the states with these sites what makes you think that it is not happening all over the world pertaining to the allogations.
Err. They don't have to launder money that is legal
04-18-2011 , 05:24 PM
Quote:
Originally Posted by NoLimitLeagues
lmao calling the doj and white house and pretending to be super confused and messing with them..they say they have been getting a lot of phone calls....

hello
is this the poker hotline?
um no this is the DOJ
oh can u transfer me to the deposits dept, im in the middle of a tourney on absolute poker and had a quick question

so ur telling me if i come down to ur office, u will give me my $?
no i never said that sir

oh so this was the main purpose of the safe port act? i was just at the port the other day, felt so safe. gotta love america and how the govt gets things done. u sure work for some good people. are u hiring?

click
+1
04-18-2011 , 05:25 PM
Quote:
Originally Posted by Jonny El
Best tweet ever from Eric Seidel:
That has to be a troll
04-18-2011 , 05:25 PM
Quote:
Originally Posted by Jonny El
Best tweet ever from Eric Seidel:
lol just wow
04-18-2011 , 05:28 PM
Quote:
Originally Posted by Pot Odds RAC
You didn't read the Article. It is a terribly written piece and very difficult to separate out fact from opinion from outright Demagoguery. But essentially what happened was Wachovia Processed Billions of Dollars from Currency Exchange Businesses. Only $110 Million of it was proven to be Drug Proceeds. That Sum was forfeited and an additional $50 Million was paid in Fines. The article tries to imply that all of the Billions was Drug Money, but it doesn’t appear that has been proven.

There was an internal “Whistleblower” who identified some of the fraudulent transactions. It is sort of difficult to construct a time line from the Article. Even that whistleblower concludes that it was a failure of process and controls or “governance”.

"What happened at Wachovia was symptomatic of the failure of the entire regulatory system to apply the kind of proper governance and adequate risk management which would have prevented not just the laundering of blood money, but the global crisis."

So basically the Bank failed to recognize Money Laundering transactions, but didn’t set up a criminal enterprise with the explicit intention to bypass money laundering laws and then they “cooperated fully” with investigators.
all publicaly traded companies (the GEs, whatever) launder huge sums of money regularly.
it's absolutely tolerated by the government because they ARE the government. they don't have to file income reports for cash, NL.
I remember during the Clinton administration Janet Reno wrote a letter to the big corporations telling them not to be so obvious about it, you know, tone it down.

the government in Washington is just a front man for global corporate oligarchs. they can launder money, the little guy can't. simple as that.
the article just presents one example out of a plethora of large scale money laundering.

The US was built on illegal finance.
just look at the history of the US.
how were the cities of Boston and New York built?
with what funds?
where did the $ come from to fund Yale, Harvard, all the Ivey league universities.
it's no secret.
profits from running opium from India to China, w/ the assistance of the british military.

I'm not sure what your saying, but it sounds like you are trying to explain away the wachovia thing, when really it's a drop in the bucket.

shutting down online poker isn't about rooting out fraud/ $ laundering; that is everywhere.
it's about total control.
04-18-2011 , 05:28 PM
Quote:
Originally Posted by Jonny El
Best tweet ever from Eric Seidel:
lol
04-18-2011 , 05:29 PM
Quote:
Originally Posted by michael12345
the link shows he's up by $5mill since 08. fish?
you might want to log in and see his graph, not the one with the big "sample" pasted across it
04-18-2011 , 05:32 PM
I am a USA/Italian dual citizen due to my marriage to an Italian woman. I used to live in Las Vegas but now live in Italy. Because of my residence, I have been able to stay on FTP (with a small gap because I failed to change my address with FTP when I moved).
I just finished playing on line, it is almost 11:30 PM here; I observe the following: there seems to be a large Russian presence and some suspicious play by the Russians but overall the games have become much, much easier and I had to loosen my calling standards. Every "loose" call I made turned out to be a winner. My biggest mistake was likely not making more loose calls. Obviously my sample is small and may turn out to be a fluke but so far the games have not turned into the nit or shark fests that I anticipated.
04-18-2011 , 05:34 PM
Quote:
Originally Posted by stampler
all publicaly traded companies (the GEs, whatever) launder huge sums of money regularly.
it's absolutely tolerated by the government because they ARE the government. they don't have to file income reports for cash, NL.
I remember during the Clinton administration Janet Reno wrote a letter to the big corporations telling them not to be so obvious about it, you know, tone it down.

the government in Washington is just a front man for global corporate oligarchs. they can launder money, the little guy can't. simple as that.
the article just presents one example out of a plethora of large scale money laundering.

The US was built on illegal finance.
just look at the history of the US.
how were the cities of Boston and New York built?
with what funds?
where did the $ come from to fund Yale, Harvard, all the Ivey league universities.
it's no secret.
profits from running opium from India to China, w/ the assistance of the british military.

I'm not sure what your saying, but it sounds like you are trying to explain away the wachovia thing, when really it's a drop in the bucket.

shutting down online poker isn't about rooting out fraud/ $ laundering; that is everywhere.
it's about total control.
OK. Whatever. Sounds like you're pretty much just Mr Conspiracy. I won't try and reason. You already know what you know.

<Insert Tinfoil Hat Picture Here>

Enjoy.
04-18-2011 , 05:34 PM
Quote:
Originally Posted by PoB
the UIGEA does not apply to poker. It didn't create any new law. It only refers back to the federal wire act which prohibits games of chance. Aside from the hypocrisy that America promotes all kinds of games of chance (lotteries for example) the fact remains that if you can prove that poker is predominately a game of skill, which it is, then by definition it is exempt from the UIGEA.
"predominately a game of skill" I dont think the word "predominately" will hold up in court lol.. no matter how much you like to swing it poker is still 50 50 skill and luck, just have to see how my As got cracked by 5s on a final table today.. As much as I love poker and know there is huge amount of skill involved lets not kid ourselves and say its not gambling...
04-18-2011 , 05:35 PM
Gioco: suspicious in what sense?
04-18-2011 , 05:37 PM
Quote:
Originally Posted by chrismo34
"predominately a game of skill" I dont think the no matter how much you like to swing it poker is still 50 50 skill and luckourselves and say its not gambling...
lol.
04-18-2011 , 05:37 PM
mike the mouth saying everyones money is safe on pokerstars and full tilt. he says it could take 2 weeks or 6 month to a year. he said he heard from credible sources.
04-18-2011 , 05:38 PM
Quote:
Originally Posted by chrismo34
"predominately a game of skill" I dont think the word "predominately" will hold up in court lol.. no matter how much you like to swing it poker is still 50 50 skill and luck, just have to see how my As got cracked by 5s on a final table today.. As much as I love poker and know there is huge amount of skill involved lets not kid ourselves and say its not gambling...
Then, if we wish to be absolutely fair, we must shut down nearly every industry in the country on the same basis, including but not limited to: real estate, stock market, insurance. There is luck (and skill) involved in every industry in the country and there is no imaginary line where you can say that one is gambling and another isn't. You can't even truly determine how much of each industry is luck and how much is skill, despite your deep desire to pull random numbers like "50% luck, 50% skill" directly out of your anus.
04-18-2011 , 05:38 PM
Quote:
Originally Posted by MoniesRemovalPLC
think your laptop may be upside down
+1
04-18-2011 , 05:39 PM
Quote:
Originally Posted by chrismo34
poker is still 50 50 skill and luck................................. there is huge amount of skill involved

so which one is it? 50/50 or a huge amount of skill?
04-18-2011 , 05:40 PM
Matusow speaking fire on the QuadJacks podcast right now.
04-18-2011 , 05:41 PM
Quote:
Originally Posted by ZBTHorton
Matusow speaking fire on the QuadJacks podcast right now.
any cliffs for those of us who can't listen?
04-18-2011 , 05:42 PM
Quote:
Originally Posted by Lwipey
so which one is it? 50/50 or a huge amount of skill?
Why do you think the same five guys make it to the final table of the World Series of Poker EVERY YEAR? What, are they the luckiest guys in Las Vegas?
04-18-2011 , 05:43 PM
Quote:
Originally Posted by Lwipey
any cliffs for those of us who can't listen?
you aint got ears buddy?
04-18-2011 , 05:43 PM
i partially lol'd

      
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