Title: The next step for UK players with frozen funds at FTP is.. Post by: Spraggs on October 07, 2011, 12:49:10 PM Everyone knows the situation; but I've had enough of waiting on news, fingers crossed that the investment goes through, and i see my money again.
I was lucky/unlucky enough to have a little heater just before the license got revoked, so my balance is quite substancial (to me). It's my money, i earned it, I want it back. If it was a couple of hundred, or even a couple of thousand, i would probably hold out to see what develops, but unfortunately, it's not. A lot of you may have seen this posted from the AGCC: On-going concerns of Full Tilt’s registered players. At the request of the police, AGCC will continue to log incoming player complaints: these records will be made available to the police. However, following the revocation of the licences, AGCC no longer has authority to intermediate or arbitrate on player issues or disputes with Full Tilt (excepting for players registered under a Swiss address). Players may have the following alternative options:- 1. Full Tilt has been requested to provide a specific player contact: this is awaited and will be incorporated here upon receipt. 2. Any player who believes they are a victim of crime, as a result of their dealings with Full Tilt, should in the first instance contact their own local police in their country of residence and report the matter to them. These reports will then be co-ordinated centrally. 3. It is understood that a number of civil actions have been initiated by players against Full Tilt, some as class actions representing multiple players by UK, US and Canadian lawyers. Details of the firms concerned can be found through internet search. I'm not too sure what (1.) even means. We will get a contact number? I'm not sure what that would achieve. (2.) Has anybody out there done this? Realistically can this achieve anything? How did you go about doing it? (3.) Is there a Class action filed for UK players? I couldn't find anything on it, only ones for Canadians, and U.S. players? If not, why not? Are there any other UK players out there that have lots of their money tied up and have had enough? I plan on doing all I can to get MY money back, maybe trying to get national media involved too. If you're interested too, or have any advice/details on the situation for UK players, post in this thread please. Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: Bongo on October 07, 2011, 01:03:06 PM What will getting the national media involved do?
Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: millidonk on October 07, 2011, 01:03:58 PM Are you getting a copy of NOTW this Sunday?
Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: Spraggs on October 07, 2011, 01:12:10 PM What will getting the national media involved do? BBC have ran the story a number of times since Black Friday. I'm worried about the investment deal not going through, and then it all being forgotten about. The U.S. Government will probably pocket the seized funds (however much of the $400m they can get their hands on), and it will all be forgotten about in 2 months. The power of the media is immense, and using that to keep the pressure on would give us a greater chance of getting our money back. Is there a Class Action Lawsuit for UK players being filed? Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: Spraggs on October 07, 2011, 01:13:30 PM Are you getting a copy of NOTW this Sunday? nice one Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: mondatoo on October 07, 2011, 01:14:15 PM What will getting the national media involved do? BBC have ran the story a number of times since Black Friday. I'm worried about the investment deal not going through, and then it all being forgotten about. The U.S. Government will probably pocket the seized funds (however much of the $400m they can get their hands on), and it will all be forgotten about in 2 months. The power of the media is immense, and using that to keep the pressure on would give us a greater chance of getting our money back. Is there a Class Action Lawsuit for UK players being filed? Well this is not going to happen since so many people have decent money stuck on there. Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: Spraggs on October 07, 2011, 01:23:28 PM Well hopefully not, but I'm sure I'm not the only one who had money in UB/AP too, and there isn't much talked about them anymore!
All I want to do is get advice from anyone who has spoken to police/authorities about this, and look about doing something myself. If there are any others out there who are fed up of hoping they get some money back if this or that happens, then let me know. I want to make some noise about it, to stand us in the best chances of getting the funds back where they belong. Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: millidonk on October 07, 2011, 01:30:37 PM Along similiar lines, but obv not exactly the same, I had money with crown currency exchange when they went tits up.
There is an action group formed by someone of which i am a member, It has been over a year now, after going through the police, it has been through the courts and none of us have had a penny back... we supposedly won as well but over costs get priority over people whose actual money was lost. They are only just mentioning now that a few people might see some of their money. Whatever route it will be a long drawn out process. The media were involved for like 2 weeks then obv got bored.. [ ] I have any hope of seeing any of my money again. Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: cambridgealex on October 07, 2011, 01:33:19 PM If it was a couple of hundred, or even a couple of thousand, i would probably hold out to see what develops, but unfortunately, it's not. Not at all thinly veiled :P Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: outragous76 on October 07, 2011, 01:48:11 PM I have often thought of what I would do
I think a group of players with Many $ stuck should get together a take legal action - not sure why it hasnt happened already Get the feelers out - get yourself(s) to the front of the queue Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: Bongo on October 07, 2011, 01:53:48 PM What will getting the national media involved do? The U.S. Government will probably pocket the seized funds (however much of the $400m they can get their hands on), and it will all be forgotten about in 2 months.The power of the media is immense, and using that to keep the pressure on would give us a greater chance of getting our money back. Who are the national media going to pressurise? I'm not sure the Americans will be that fussed at what our media think... On that note have you thought about going to your MP? Maybe they could raise a question or something. Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: hatthehole on October 07, 2011, 01:55:16 PM You can't get blood out of a stone imo. I think we really need to hope this deal with the French guy goes thru
Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: redarmi on October 07, 2011, 02:02:31 PM You can't get blood out of a stone imo. I think we really need to hope this deal with the French guy goes thru This I am afraid. I only had a couple of hundred with FTP but when the US passed the UIGEA bill and this caused a number of US facing sportsbooks to go tits up I had significant balances with a few of them. The best result I had out of them was 5c on the $ and this came through this year....so five years later. Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: gatso on October 07, 2011, 02:04:50 PM What will getting the national media involved do? make new players wary and stop them depositing on other sites maybe? can't see it doing anything positive as tbh I very much anybody is going to care about a few poker players losing a bit of money Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: ACE2M on October 07, 2011, 02:12:43 PM do people really think they will get their money back off the investor if it does go through? I reckon i'd be lucky to get back the 500 or so ftp points i had on there.
I can't beleive they can't get investors to step in, if the site was run financially soundly its just a money factory, maybe they think the name is too sullied - but people still played on UB. Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: strak33 on October 07, 2011, 02:57:00 PM I mean unless you are losing $10k a night on stars. Surely since you win every other tourny on party you can sit tight for a few more weeks and see about this french deal?
I feel bad for you but just saying Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: boldie on October 07, 2011, 03:20:12 PM do people really think they will get their money back off the investor if it does go through? I reckon i'd be lucky to get back the 500 or so ftp points i had on there. I can't beleive they can't get investors to step in, if the site was run financially soundly its just a money factory, maybe they think the name is too sullied - but people still played on UB. As long as the DoJ is going after FTP there is no chance of another investor stepping in. They also have to cough up the 300-400mill$ in players funds + whatever FTP's shareholders would want from the deal. It's a money factory yes but not a cheap buy. Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: Rupert on October 07, 2011, 03:31:06 PM At this time a lawsuit will almost certainly reduce your chances of getting your money back.
Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: skolsuper on October 07, 2011, 04:33:04 PM do people really think they will get their money back off the investor if it does go through? I reckon i'd be lucky to get back the 500 or so ftp points i had on there. I can't beleive they can't get investors to step in, if the site was run financially soundly its just a money factory, maybe they think the name is too sullied - but people still played on UB. As long as the DoJ is going after FTP there is no chance of another investor stepping in. They also have to cough up the 300-400mill$ in players funds + whatever FTP's shareholders would want from the deal. It's a money factory yes but not a cheap buy. lol Nobody in their right mind would touch FTP with a shitty stick imo. Outstanding $1bn lawsuit and missing $300m in player funds, any buyer is gonna want a payment from the previous shareholders for taking it off their hands. Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: GreekStein on October 07, 2011, 04:39:10 PM Along similiar lines, but obv not exactly the same, I had money with crown currency exchange when they went tits up. There is an action group formed by someone of which i am a member, It has been over a year now, after going through the police, it has been through the courts and none of us have had a penny back... we supposedly won as well but over costs get priority over people whose actual money was lost. They are only just mentioning now that a few people might see some of their money. Whatever route it will be a long drawn out process. The media were involved for like 2 weeks then obv got bored.. [ ] I have any hope of seeing any of my money again. Milligan, are you this man? (http://www.theinbetweenersmusic.co.uk/images/gallery/cast/jay/jay_inbetweeners_season1.jpg) Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: Boba Fett on October 07, 2011, 04:40:11 PM Along similiar lines, but obv not exactly the same, I had money with crown currency exchange when they went tits up. There is an action group formed by someone of which i am a member, It has been over a year now, after going through the police, it has been through the courts and none of us have had a penny back... we supposedly won as well but over costs get priority over people whose actual money was lost. They are only just mentioning now that a few people might see some of their money. Whatever route it will be a long drawn out process. The media were involved for like 2 weeks then obv got bored.. [ ] I have any hope of seeing any of my money again. Milligan, are you this man? (http://www.theinbetweenersmusic.co.uk/images/gallery/cast/jay/jay_inbetweeners_season1.jpg) Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: millidonk on October 07, 2011, 04:42:59 PM Do i have to have seen the film to get it?
I'm lost. Edit: Just like my money Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: GreekStein on October 07, 2011, 04:48:45 PM Do i have to have seen the film to get it? I'm lost. Edit: Just like my money lolol brilliant. Pretty sure Boba gets it Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: millidonk on October 07, 2011, 04:55:53 PM Do i have to have seen the film to get it? I'm lost. Edit: Just like my money lolol brilliant. Pretty sure Boba gets it Sigh, its that flashing rabbit pic from yesterday all over again. Is it worth me posting a pic of you in retaliation? Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: ACE2M on October 07, 2011, 05:26:18 PM do people really think they will get their money back off the investor if it does go through? I reckon i'd be lucky to get back the 500 or so ftp points i had on there. I can't beleive they can't get investors to step in, if the site was run financially soundly its just a money factory, maybe they think the name is too sullied - but people still played on UB. As long as the DoJ is going after FTP there is no chance of another investor stepping in. They also have to cough up the 300-400mill$ in players funds + whatever FTP's shareholders would want from the deal. It's a money factory yes but not a cheap buy. lol Nobody in their right mind would touch FTP with a shitty stick imo. Outstanding $1bn lawsuit and missing $300m in player funds, any buyer is gonna want a payment from the previous shareholders for taking it off their hands. Someone will get the right deal. Rest assured the guy trying to buy it is finding a way to buy it without having any liability to the robbed players. Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: Spraggs on October 07, 2011, 06:41:03 PM Perhaps media involvement may not be the greatest idea, it was just put to me by someone, however, as outrageous said, getting others who have large sums together and are sick of waiting around to do something is the way forward.
I am definitely going to get in touch with authorities to see what the best way forward is. Having our names out there, first in line (as such) can't do any harm. Without sounding selfish, I believe having 5 figures of my own money stuck there should be accounted for before the many people who have 10-100$ there that don't even care if they don't see it again. If anyone has any other advice of how to proceed it would be very much appreciated. Once I have contacted the persons suggested by the AGCC I will let people know of any feedback. If any of you have a large sum tied up and are sick of just sitting praying a miracle happens, feel free to contact me. It may well be doubtful anything at all can be done, but clubbing together as one has got to be better than doing nothing at all. Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: outragous76 on October 07, 2011, 08:12:19 PM Spraggs
I'll pm you tomorrow. There are very good reasons to protect your position I cba with the flaming, but if I had 20k online I spend 500 to give myself a chance Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: TightEnd on October 07, 2011, 08:21:13 PM Not sure why there'd be any flaming
In Spraggs position (assuming substantial sums are trapped) I would a) Report my position to the AGCC and ask them to forward it to the police, getting a reference number b) Investigate via threads like this whether there was any appetite for a Class Action/Group. If I wasn't prepared to do the leg-work/front it myself find someone who will. c) If one is set up report that to the AGCC too d) Set myself a budet for how much I was prepared to allocate in expenses/legal fees to try and get a return all the time aware that a meaningful return was very odds against and that the first part of any return, if not a lot more, would get swallowed in those expenses Title: Re: The next step for UK players with frozen funds at FTP is.. Post by: paulhouk03 on October 07, 2011, 10:41:36 PM i ordered 9 t shirts and a travel neck cushoin thing which still hasnt arrived been like 3 months
oh yeah they have about 4-5k of my money also |