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-   Poker Beats, Brags, and Variance (http://archives1.twoplustwo.com/forumdisplay.php?f=56)
-   -   Absolute Does Not Respond to Two Plus Two’s Fraud Investigation Offer (http://archives1.twoplustwo.com/showthread.php?t=540050)

kylephilly 11-07-2007 10:24 AM

Re: Absolute Does Not Respond to Two Plus Two’s Fraud Investigation O
 
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2. A positive outcome for Absolute could not be guaranteed,

[/ QUOTE ]
Fail.

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What are you talking about? Your statement makes no sense. In threads like these we need to find a detterent for idiots, it just makes 2p2 look bad.

DING-DONG YO 11-07-2007 10:34 AM

Re: Absolute Does Not Respond to Two Plus Two’s Fraud Investigation O
 
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not allowing 2p2 to be apart of this investigation does seem like thier trying to hide something, i would think it would be in AP best interest to allow 2p2 to be apart of this, not sure if people in the 2p2 community are gonna buy gambling assoc. findings regarding this scandal

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it could be that, or it could be that paying 2p2 is more expensive than paying pocket fives, because 2p2's standard's for giving the audit an OK require hiring a bunch of experts, which AP would pay for (albeit indirectly)

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It is extremely standard for companies to pay for their own audits. Not sure why AP would have a problem with it, unless they really are in bad shape.

DING-DONG YO 11-07-2007 10:47 AM

Re: Absolute Does Not Respond to Two Plus Two’s Fraud Investigation O
 
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Two Plus Two believes that a report from Gaming Associates, an Australian company apparently dealing primarily with Antigua and Barbados companies, may not maintain the same weight and reliability as the international law firm retained by Two Plus Two.

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Mason, care to expand on this statement a little further? It sounds like you're implying that the quality of the work performed by gaming associates can't really be determined. Are they another Kawananahaha gaming commission?

hamsamich 11-07-2007 11:44 AM

Re: Absolute Does Not Respond to Two Plus Two’s Fraud Investigation O
 
I think what he is saying is that you do not hire the fox to watch the hen house!

snowbank 11-07-2007 12:18 PM

Re: Absolute Does Not Respond to Two Plus Two’s Fraud Investigation O
 
Didn't David ask for $200,000 to do this?

ikestoys 11-07-2007 12:31 PM

Re: Absolute Does Not Respond to Two Plus Two’s Fraud Investigation O
 
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Cliffnotes:

2+2 offered to pay an independent team of lawyers to do a thorough investigation of the situation and report back to the community their findings, whatever they are. Absolute has not responded and does not seem interested even though it would cost them nothing and increase their credibility greatly.

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fail

En Passant 11-07-2007 12:42 PM

Re: Absolute Does Not Respond to Two Plus Two’s Fraud Investigation O
 
It would obviously cost AP money. How much? I'm not sure.
But after dishing out over a million to their customers involved in the scandal, you would think they wouldn't have a problem agreeing to this.

Mason is offering this becuase of the public perception of the independant auditor AP hired.

AntonHeat 11-07-2007 01:04 PM

Re: Absolute Does Not Respond to Two Plus Two’s Fraud Investigation O
 
AP makes so much per day in rakeback/BJ and other things that 200k +/- is really almost nothing for them and this would greatly increase there credibility with the poker world, after they messed up pretty bad.

fnord_too 11-07-2007 01:43 PM

Re: Absolute Does Not Respond to Two Plus Two’s Fraud Investigation O
 
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AP makes so much per day in rakeback/BJ and other things that 200k +/- is really almost nothing for them and this would greatly increase there credibility with the poker world, after they messed up pretty bad.

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There is a big assumption in the bolded part.

Mr. Ratface 11-07-2007 01:44 PM

Re: Absolute Does Not Respond to Two Plus Two’s Fraud Investigation O
 
[ QUOTE ]
It would obviously cost AP money. How much? I'm not sure.
But after dishing out over a million to their customers involved in the scandal, you would think they wouldn't have a problem agreeing to this.

[/ QUOTE ]

Absolute dished out over a million to their customers involved in the scandal, but wasn't that money all from the cheaters account? I was under the impression that the cheating accounts were unable to withdraw any, or atleast a large portion, of the money and so the players affected were compensated by the cheating account's money. If that is the case, then compensating the affected parties basically cost AP nothing.


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