Even after US authorities moved to close down the site in America, the company continued to take player deposits from elsewhere, allegedly knowing it did not have funds to meet liabilities.
According to Bharara's complaint, Full Tilt directors and owners extracted $444m from the company in the last four years. Former equities trader Bitar received $41m and poker professional Lederer received $42m.
FBI investigators claim to have found that by the end of March Full Tilt owed about $390m to players around the world but had only $60m in its bank accounts.
Reality however, FTP stole money long before any of this came out (including mine 2 years ago, a long and crappy little story) b
Reality the RNG was bent anyway Poker Luck Meter said 33 to chance of such bad luck over 25,000 hands (go figure)
Reality peopl like Jay Rockefeller are calling for regulation ! Wow your damned if you and your damned if you don't ! Likely the FTP BS is part of a much larger conspiracy and was planned loosely way back.
@1984ioc they did not pay americans the 150 million they owed and were not paying people in Europe. So there licence was pulled Alderney Gambling Control Commission. So they are trying to get a licence to reopen probably with new investors.
i completely agree with tony. this is a situation that calls for action....everybodys gone into defence mode trying to keep there assets and let somebody else bite the bullet.
if they just own up and pay out they can still generate the money made from overseas players and stay rich.
8:00 bs US govt acting in interest of the public... the American ecomony got flushed down the tube because of greedy wall street swindlers who didnt hedge bank monies but gambled it away... and the US Govt is just looking for bits and pieces one of which online gambling full tilt to recoup their stupidity...
Americans who are hating FULL TILT are soo stupid... do they realise that the US GOVT ( i have to cap coz ppl are soo stupid) froze THEIR MONEY
@wiseguy1989xx hey moron, they unfroze the accounts but full tilt spent the money, why u think pokerstars paid and full tilt didnt? full tilt spent on advertising and the red pros took player funds to gamble themselves and they stole the rest. ful tilt is shady and horrible. and btw gambling online is illegal, you shouldnt be doing it in the first place, so if the feds come in and get you dont blame them.
@IMakeBoringVideos are you really that dumb? You dont think Howard and jesus and ivey and the rest of them have made over hundreds of millions off full tilt? Why dont they say anything? Why they in hiding? Why dont they just help their customers and say your funds are guaranteed? I'll tell you why cuz they dont wanna pay. They come out with lame excuse after lame excuse a month after Pokerstars started paying their customers, why cant they?? Answer that for me please......
@IMakeBoringVideos im not denying the fact that they made millions. nor that they don't wanna pay up. but you made allogations that may not even be true. i am merely asking for your proof. no need to call me dumb and throw the word moron around
@bobbybij your comment was the dumbest sht i've ever read... if you researched interviews with the DOJ that NO ACCOUNTS FROM FULL TILT WERE UN-FROZEN, the only account unfrozen was the Bank Of Ireland which was not on the list of the accounts frozen by the DOJ... the BANK OF IREL decided to comply with the US and freeze it on its own accord... alot of OS funds, revenue, and American player funds are mixed into the accounts that the DOJ has frozen..<<not enough space to explain to idiot like u
@bobbybij Online gambling is legal in Australia, the EU, brazil Russia... so many places idiot, America isn't the centre of the universe... your stupidity is making the situation for Americans worse just like Tony G and retarded biased Quadjacks, are fueling this fear for bankrunning... imagine if these OS players listened to this... believed this... did a bankrun... FTP would definetly go into bankruptcy because they basically just have the Bank of Ireland account
@wiseguy1989xx You must work for full tilt lol. You're as dumb as they come. Why dont Full Tilt come out and just say "Hey your funds are safe just frozen in a account by DOJ, as soon as they unfreeze it you'll get your money." They haven't said a peep, not one word, and they are in hiding. Ivey knows there's a shit storm about to hit, why u think he's jumping ship? The Red Pros dipped into the players cash and now dont want to reach in their pockets to pay it back.
Even after US authorities moved to close down the site in America, the company continued to take player deposits from elsewhere, allegedly knowing it did not have funds to meet liabilities.
According to Bharara's complaint, Full Tilt directors and owners extracted $444m from the company in the last four years. Former equities trader Bitar received $41m and poker professional Lederer received $42m.
lottaluck 4 months ago
FBI investigators claim to have found that by the end of March Full Tilt owed about $390m to players around the world but had only $60m in its bank accounts.
lottaluck 4 months ago
Yes Tony yes you F ing say it how it is! YES!
Reality however, FTP stole money long before any of this came out (including mine 2 years ago, a long and crappy little story) b
Reality the RNG was bent anyway Poker Luck Meter said 33 to chance of such bad luck over 25,000 hands (go figure)
Reality peopl like Jay Rockefeller are calling for regulation ! Wow your damned if you and your damned if you don't ! Likely the FTP BS is part of a much larger conspiracy and was planned loosely way back.
SimonCowellGB 5 months ago
there is no bankrupt entrepreneur that pays oustanding debts and this will go just like that
ElephantRage 5 months ago
Where is our money howard lederer?????????????
lottaluck 5 months ago
tony g is the man
yousnotright 7 months ago
hearing date is 26th july
the AGCC has stipulated that Full Tilt must not:
Allow existing customers to withdraw funds that are held in their accounts
$150 million still owed to its former US customers
Full Tilt Poker is currently being sued by the US Department Of Justice (DOJ) for $1 billion
pregnant9 8 months ago
@pregnant9 Hey man,can you explain to me in a nutshell what did Full Tilt exactly do that was wrong and forced to close down.
1984ioc 7 months ago
@1984ioc they did not pay americans the 150 million they owed and were not paying people in Europe. So there licence was pulled Alderney Gambling Control Commission. So they are trying to get a licence to reopen probably with new investors.
hellasow 7 months ago
i completely agree with tony. this is a situation that calls for action....everybodys gone into defence mode trying to keep there assets and let somebody else bite the bullet.
if they just own up and pay out they can still generate the money made from overseas players and stay rich.
IMakeBoringVideos 9 months ago
8:00 bs US govt acting in interest of the public... the American ecomony got flushed down the tube because of greedy wall street swindlers who didnt hedge bank monies but gambled it away... and the US Govt is just looking for bits and pieces one of which online gambling full tilt to recoup their stupidity...
Americans who are hating FULL TILT are soo stupid... do they realise that the US GOVT ( i have to cap coz ppl are soo stupid) froze THEIR MONEY
wiseguy1989xx 9 months ago 2
@wiseguy1989xx hey moron, they unfroze the accounts but full tilt spent the money, why u think pokerstars paid and full tilt didnt? full tilt spent on advertising and the red pros took player funds to gamble themselves and they stole the rest. ful tilt is shady and horrible. and btw gambling online is illegal, you shouldnt be doing it in the first place, so if the feds come in and get you dont blame them.
bobbybij 9 months ago
@bobbybij got proof? sounds like your just talking shit.
IMakeBoringVideos 9 months ago
@IMakeBoringVideos are you really that dumb? You dont think Howard and jesus and ivey and the rest of them have made over hundreds of millions off full tilt? Why dont they say anything? Why they in hiding? Why dont they just help their customers and say your funds are guaranteed? I'll tell you why cuz they dont wanna pay. They come out with lame excuse after lame excuse a month after Pokerstars started paying their customers, why cant they?? Answer that for me please......
bobbybij 9 months ago
@IMakeBoringVideos im not denying the fact that they made millions. nor that they don't wanna pay up. but you made allogations that may not even be true. i am merely asking for your proof. no need to call me dumb and throw the word moron around
IMakeBoringVideos 9 months ago
@bobbybij your comment was the dumbest sht i've ever read... if you researched interviews with the DOJ that NO ACCOUNTS FROM FULL TILT WERE UN-FROZEN, the only account unfrozen was the Bank Of Ireland which was not on the list of the accounts frozen by the DOJ... the BANK OF IREL decided to comply with the US and freeze it on its own accord... alot of OS funds, revenue, and American player funds are mixed into the accounts that the DOJ has frozen..<<not enough space to explain to idiot like u
wiseguy1989xx 9 months ago
@bobbybij Online gambling is legal in Australia, the EU, brazil Russia... so many places idiot, America isn't the centre of the universe... your stupidity is making the situation for Americans worse just like Tony G and retarded biased Quadjacks, are fueling this fear for bankrunning... imagine if these OS players listened to this... believed this... did a bankrun... FTP would definetly go into bankruptcy because they basically just have the Bank of Ireland account
wiseguy1989xx 9 months ago
@wiseguy1989xx You must work for full tilt lol. You're as dumb as they come. Why dont Full Tilt come out and just say "Hey your funds are safe just frozen in a account by DOJ, as soon as they unfreeze it you'll get your money." They haven't said a peep, not one word, and they are in hiding. Ivey knows there's a shit storm about to hit, why u think he's jumping ship? The Red Pros dipped into the players cash and now dont want to reach in their pockets to pay it back.
bobbybij 9 months ago