Author Topic: Full Tilt Poker Accused Of Ponzi Scheme  (Read 1501 times)

0 Members and 1 Guest are viewing this topic.

Offline Polaris

  • Thread Starter
  • Posts: 28
Full Tilt Poker Accused Of Ponzi Scheme
« on: Sat, 24 September 2011, 21:36:17 »
wish i had been on stars, but the rakeback on ftp was so much easier :(

Offline Minskleip

  • Posts: 230
Full Tilt Poker Accused Of Ponzi Scheme
« Reply #1 on: Tue, 27 September 2011, 16:26:24 »
This is not Lisp!
What\'s in the back of my car? A cdr lol

Split Tipro keyboard with R3 keycaps

Offline Input Nirvana

  • Master of the Calculated Risk
  • Posts: 2316
  • Location: Somewhere in the San Francisco Bay area/Best Coast
  • If I tell ya, I'll hafta kill ya
Full Tilt Poker Accused Of Ponzi Scheme
« Reply #2 on: Tue, 27 September 2011, 16:47:04 »
The original idea at Full Tilt was to build a poker site, pay off the start up expenses and sell it off at a profit. Once it was live, it was very lucrative, then the U.S. made it illegal, so they chose to stick it out and be one of the few sites to continue to accept U.S. players money, which was phenomenal growth for them. They have been betting on the short end since day 1, which is why they moved their operations from Los Angeles to Dublin, and maintain homes out of the country. Last I was involved, there were over 80 shell companies slushing everything around. It was designed so that multiple countries would have to work together to see the whole picture. Which may be very unlikely.
Kinesis Advantage cut into 2 halves | RollerMouse Free 2 | Apple Magic Trackpad | Colemak
Evil Screaming Flying Door Monkeys From Hell                     Proudly GeekWhacking since 2009
Things change, things stay the same                                        Thanks much, Smallfry  
I AM THE REAPER . . . BECAUSE I KILL IT
~retired from forum activities 2015~

Offline Input Nirvana

  • Master of the Calculated Risk
  • Posts: 2316
  • Location: Somewhere in the San Francisco Bay area/Best Coast
  • If I tell ya, I'll hafta kill ya
Full Tilt Poker Accused Of Ponzi Scheme
« Reply #3 on: Tue, 27 September 2011, 17:00:27 »
They should contact Howard (Lederer), one of the first things he did when he came on board and got his first windfall check was to have his stomach stapled to reduce his weight, but continues to deny having the surgery. lol
Kinesis Advantage cut into 2 halves | RollerMouse Free 2 | Apple Magic Trackpad | Colemak
Evil Screaming Flying Door Monkeys From Hell                     Proudly GeekWhacking since 2009
Things change, things stay the same                                        Thanks much, Smallfry  
I AM THE REAPER . . . BECAUSE I KILL IT
~retired from forum activities 2015~