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Full Tilt, UB and Pokerstars Domains SEIZED by the FBI - Principals Indicted - (Merged/updated) Full Tilt, UB and Pokerstars Domains SEIZED by the FBI - Principals Indicted - (Merged/updated)

04-15-2011 , 07:00 PM
Quote:
Originally Posted by lawdude
No. The press reports are that a payment processor (who, ironically, was stupidly turned in to the USDOJ BY THE SITES because he was screwing them over) flipped and gave the feds a whole bunch of information about the sites' schemes to deceive banks and payment processors. This happened a few months ago.
That has got to be one of the most ******ed moves I've ever heard of.

Charge 8 is a nutcracker for these dudes I'm afraid... They did that ****, and there's proof. It doesn't matter whether poker is considered illegal or not.
04-15-2011 , 07:00 PM
I don't know, this paragraph seems to be pretty telling:

The same day that the Gaming Commission approved the deal between Caesars and 888, PokerStars and Wynn Resorts, Ltd. announced their own partnership. Should online gaming be legalized in the U.S., the Wynn plans to launch PokerStarsWynn.com. Like Caesars, the Wynn has a Nevada gaming license and will need gaming approval, especially if it plans to launch a U.S.-facing site with PokerStars. Regulators may look at the Wynn's deal less favorably since PokerStars did not block American customers after the passage of the UIGEA. However, PokerStars has hired a former Nevada gaming regulator as a consultant and is ramping up its lobbying efforts to support a bill that would legalize interstate online poker in Nevada and could minimize the importance of PokerStars' intrastate gaming history. Caesars and MGM have both come out in strong opposition to the bill.

Read more: http://www.pokernews.com/news/2011/0...oval-10063.htm
04-15-2011 , 07:02 PM
i read some of this before taking a nap, just woke up and wanted to see for myself, and found myself 10 seconds later facing a raise in the BB on rush.

???

i read something about 48 hours? didn't expect to be able to log in.
04-15-2011 , 07:04 PM
Can anyone actually get past the first screen in the cashier for cashing out? I submit my request and nothing happens. 3-4hrs ago I got an echeck processed just to test and cancelled it.
04-15-2011 , 07:10 PM
I'm Finnish, so probably a bit different. I had trouble establishin a secure connection needed for the withdrawal, but got a friend to try, and the withdrawal went through. Now just waiting/hoping if I'll actually get it on my moneybookers.
04-15-2011 , 07:11 PM
Party Poker laughing now. All clean and ready to grab market share upon legalization.
04-15-2011 , 07:14 PM
I click on submit on the withdrawal screen and nothing happens. There is no withdrawal history, no email, no nothing....anyone witnessing the same?
04-15-2011 , 07:15 PM
Quote:
Originally Posted by HomeStar
Can anyone actually get past the first screen in the cashier for cashing out? I submit my request and nothing happens. 3-4hrs ago I got an echeck processed just to test and cancelled it.
You know that just "cashing out" doesn't automatically make the money show up in your hands right? That first it has to go from a bank account (that may be seized) through a payment processor (LOL) and then to you?

You know that checks deposited a week+ ago are being reversed right?

I imagine, like the Neteller fiasco, it will be weeks-months before we know what is going on and weeks-months after that before we get our money. And there is certainly a non-zero chance of never getting it.
04-15-2011 , 07:16 PM
If the feds freeze international banks as well...it will be very messy
04-15-2011 , 07:18 PM
Quote:
Originally Posted by jordjones
anyone witnessing the same?
yes
http://www.pokernews.com/news/2011/0...cted-10218.htm
04-15-2011 , 07:22 PM
I know nothing about this, but my guess is this is the govts way of forcing sites like poker stars and full tilt to be regulated in a way that US commerce benefits. They KNOW they can't indefinitely ban online poker in the US, but don't want to continue to not reap the benefits from it. Full Tilt and Poker Stars will pay their fines, strike some deals, and come back with legal us partners like Wynn and such. That's just my two cents.
04-15-2011 , 07:27 PM
anyone think it's worthwhile to withdrawal money from your bank account in preparation of bank wires/withdrawn poker funds trying to be reversed at all?

im not sure if this is even possible/legal for past bank wire withdrawals but i am guessing a lot of checks will bounce....
04-15-2011 , 07:28 PM
Just tried doing it too and had the same results. I had always cashed out with a check but now PS has no way of doing that. They're a good site and hopefully they're concerned enough about their rep to work this out and get us our money back. But it's gonna take a while, I think.
04-15-2011 , 07:28 PM
is there any risk that the government could or would ever go after the actual players or can we be sure they only will go after the sites and operators?
04-15-2011 , 07:29 PM
Roll on the table or would that be stupid?
04-15-2011 , 07:32 PM
So as far as withdrawing I've heard equal cases saying "yea" and "nay". Logically, I don't think withdrawing at this point will matter much--either it'll get reversed or cancelled, or you'll get access to your funds one way or another. Needing to operate in this "small window" seems a bit shortsighted, but I don't know what the DOJ charges will mean exactly for the future obviously.
04-15-2011 , 07:32 PM
Quote:
Originally Posted by latefordinner
You know that just "cashing out" doesn't automatically make the money show up in your hands right? That first it has to go from a bank account (that may be seized) through a payment processor (LOL) and then to you?

You know that checks deposited a week+ ago are being reversed right?

I imagine, like the Neteller fiasco, it will be weeks-months before we know what is going on and weeks-months after that before we get our money. And there is certainly a non-zero chance of never getting it.
Yeah, I know, I was just trying to test it out to see if it worked.
04-15-2011 , 07:33 PM
Quote:
Originally Posted by Haupt_234
anyone think it's worthwhile to withdrawal money from your bank account in preparation of bank wires/withdrawn poker funds trying to be reversed at all?

im not sure if this is even possible/legal for past bank wire withdrawals but i am guessing a lot of checks will bounce....
in my experience w checks bouncing on full tilt it would simply be deducted anyway and you would be hit w a negative balance
04-15-2011 , 07:34 PM
So if we decided to attempt a withdrawl is it better to do a wiretransfer or echeck.. my thoughts are wiretransfer but I dont know too much about this stuff
04-15-2011 , 07:35 PM
i know non US players have the least pressing concern, after all we arent affected at the moment. But obviously if stars/tilt have to pay multi billion dollar fines, they wont survive, so should we be looking to protect our money too?
04-15-2011 , 07:36 PM
PPA needs to issue a mass email. Get everyone to call their congressmen. Do SOMETHING.
04-15-2011 , 07:37 PM
Given the news, what do you think will happen with checks that are already in route to me?

Will they bounce?

Never come?

Come and be fine?
04-15-2011 , 07:39 PM
I wouldn't even attempt cashing out right now, unless you want your cashier balance to show up as $0, while your actual money is stuck in lala land for god knows how long.
04-15-2011 , 07:40 PM
Quote:
Originally Posted by JollyPoker
I know nothing about this, but my guess is this is the govts way of forcing sites like poker stars and full tilt to be regulated in a way that US commerce benefits. They KNOW they can't indefinitely ban online poker in the US, but don't want to continue to not reap the benefits from it. Full Tilt and Poker Stars will pay their fines, strike some deals, and come back with legal us partners like Wynn and such. That's just my two cents.
If they wanted that, all they had (have) to do is pass legislation and all the sites will line up to be regulated. The sites would love to be regulated by the US government, but so far they have declined to legislate.
04-15-2011 , 07:42 PM
Quote:
Originally Posted by Reefypoopoo
PPA needs to issue a mass email. Get everyone to call their congressmen. Do SOMETHING.
have you read the charges against stars/tilt/ap?

it is some damning stuff. fraud corruption money laundering....

      
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