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Alderney Suspends Ftp License


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This is a pretty bad interview. Raymer is either a horrible judge of character about people who he claims to know well or he's not telling the truth in the interview.He's also full of crap in his description about the other site that had a former owner who had a back door. It was a current owner who in combination with current management at that site ie UB were stealing and cheating players.
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This is a pretty bad interview. Raymer is either a horrible judge of character about people who he claims to know well or he's not telling the truth in the interview.He's also full of crap in his description about the other site that had a former owner who had a back door. It was a current owner who in combination with current management at that site ie UB were stealing and cheating players.
Focusing on the wrong things imo. The idea is to push the legislation angle, and try to spin this current situation as a need for regulation.
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Focusing on the wrong things imo. The idea is to push the legislation angle, and try to spin this current situation as a need for regulation.
Sure spin things that way but don't lie and bullshit while you're doing it. With what's happening the scumbags' actions shouldn't be sugar coated.
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Sure spin things that way but don't lie and bullshit while you're doing it. With what's happening the scumbags' actions shouldn't be sugar coated.
I agree with you on a personal level, but I dunno if it helps to make that any worse than it is. Best to focus on the players being the victims and lets fix that etc etc. I hear ya though.
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The DOJ is trying to seize the assets of Howard Lederer, Chris Ferguson and Rafe Furst now.http://www.subjectpoker.com/2011/09/doj-mo...tp-board-funds/https://docs.google.com/viewer?a=v&pid=...0NTVj&hl=en

The FBI and other law enforcement personnel have been authorized to take control of any funds in the following accounts:•All funds and other property on deposit in account numbered GB81 RBOS 6095 4234087766 held at NatWest, in the name of Raymond Bitar, and all funds traceable thereto;1•All funds and other property on deposit in account numbered 7655741861 held at Wells Fargo Bank N.A. in the name of HH Lederer Consulting LLC, and all funds traceable thereto; and All funds and other property on deposit in account numbered GB56LOYD30166314010402 held at Lloyds TSB International, Isle of Mann, in the name of Howard Lederer, and all funds traceable thereto;•All funds and other property on deposit in account numbered 40039049628 held at Citibank N.A., in the name of Chris Ferguson, and all funds traceable thereto; and•Account numbered CH87 0875 5057068400100 held at Pictet & Co Bankers, Switzerland, in the name of Telamonian Ajax Trust, and all funds traceable thereto.
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Are you suggesting there isn't a difference between the two?
I believe we're looking for the differences between spin and slant.But yes that would be my suggestion.
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http://www.gamblingcontrol.org/userfiles/f...P_statement.pdfMedia Release29th September 2011Full Tilt PokerAGCC Commissioners, sitting as a tribunal, have today revoked the licences of VantageLimited, Filco Limited and Oxalic Limited, trading as Full Tilt Poker (FTP), with immediateeffect. This follows the earlier suspension of the licences on 29th June 2011.At a hearing held in London over six days, it emerged that FTP had fundamentally misledAGCC about their operational integrity by continuously reporting as liquid funds balancesthat had been covertly seized or restrained by US authorities, or that were otherwise notactually available to the operator. Serious breaches of AGCC regulations include falsereporting, unauthorised provision of credit, and failure to report material events.At the commencement of these proceedings on 26th July AGCC made clear its preference tohold the hearing in public, to the benefit of players and media alike. However, the tribunalwas persuaded that the hearing should be held in camera on the basis of claims by FTP thatthis would maximise the chance of a commercial rescue of the business for the benefit ofplayers. For this reason an adjournment of 54 days was allowed.It is important to note that the revocation of FTP’s licences does not, as has been suggested,prevent a reactivation of the business under new ownership and management. Unresolvedclaims by players against FTP become a matter for the police and civil authorities. Now thatFTP’s licences have been revoked, AGCC no longer has jurisdiction over these companies.The licence of Orinic Limited, a recently added geographic sub-division of the FTP pokerroom, remains suspended.The determination notice containing the decision of the Commissioners and reasons for it isavailable at http://www.gamblingcontrol.org/userfiles/f...ce%20290911.pdfIssued by: André Wilsenach, Executive DirectorAlderney Gambling Control CommissionAlderneyChannel IslandsContact: Julia Feajulia.fea@grayling.com+44 (0)7970 731001Richard JukesRichard.jukes@grayling.com+44 (0)7688 98620
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A Chip and a Chair ?http://www.pokerstrategy.com/news/world-of...greement_52195/30 Sep 11 Full Tilt Poker and Groupe Bernard Tapie Sign Acquisition AgreementPokerStrategy.com received the following exclusive press release:"Full Tilt Poker and Groupe Bernard Tapie Sign Acquisition AgreementDublin, Ireland (September 30, 2011) Laurent Tapie, Managing Director of ‘Groupe Bernard Tapie’ announced today that the group has signed an exclusive agreement with the Board of Directors of Full Tilt Poker to acquire the company and all of its associated assets.This agreement, which includes the repayment of Full Tilt Poker’s world-wide players in full, is subject to several conditions; the first of which is a favorable resolution with the United States Department of Justice. Discussions with the United States Department of Justice will begin immediately.‘Groupe Bernard Tapie’ has over 30 years of experience in the salvation of financially distressed businesses, with over 40 companies acquired and managed to profitability, the most well-known being the sport equipment giant, Adidas."

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In terms of what we can do to help this, the PPA FB page had those links to how to try to get the money back through the DOJ. I'd suggest an increase in people sending those so that the DOJ sees how much work it would be to refund and be more likely to cooperate.

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Tapie has a colourful past to say the least when it comes to business. I wonder if he picked up poker while he was in prison.
I think somebody who was convicted of tax fraud and fixing soccer games should fit right in.
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I think somebody who was convicted of tax fraud and fixing soccer games should fit right in.
For sure.Every third hand will be AK vs AK to juice the rake imo.
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Tony G Considering Legal Action Against Alderney Gambling Control CommissionOn Tuesday, Antanas “Tony G” Guoga announced his intention to pursue legal action against the Alderney Gambling Control Commission (AGCC). Guoga claims the commission was negligent in the handling of the Full Tilt Poker (FTP) situation, failed to exhibit due diligence for their licensees and should be held responsible.The legal action being considered hinges on the fact that the AGCC knew there was a problem involving player funds prior to the Black Friday indictments, were negligible in their handling of the situation; and therefore, ought to be held responsible.Read more: http://www.pokernews.com/news/2011/10/tony...ssion-11194.htm
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