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  #1  
Old 10-21-2007, 10:50 PM
mooz3 mooz3 is offline
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Default Re: AP thread 872.6 - Statement ITT

This is important. If true, it shows a total disregard for other people's money. Lock these guys up.


An individual posting anonymously on the MajorWager.com posting forum claims that original shareholders in Absolute Poker are owed a total of USD 250,000,000 and that Scott Tom has "blown them off".

"Let's discuss exactly how Scott Tom and his cronies have treated shareholders. These are the people that risked their hard-earned savings to give Absolute Poker its start many years ago.

"Scott Tom and his cronies have totally blown off shareholders. While they are busy flying around the World spending thousands and thousands on luxury - shareholders have seen little more than a trickle.

"Today, Shareholders are totally ignored by Scott Tom and his Absolute Poker Management. Calls and emails are ignored. Shareholders have no access to Scott Tom. Behind a curtain setup by lawyers, Absolute Poker was sold to yet another shell company belonging to Scott Tom. This minimized any return shareholders can get."

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  #2  
Old 10-21-2007, 10:53 PM
ikestoys ikestoys is offline
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Default Re: AP thread 872.6 - Statement ITT

[ QUOTE ]
This is important. If true, it shows a total disregard for other people's money. Lock these guys up.


An individual posting anonymously on the MajorWager.com posting forum claims that original shareholders in Absolute Poker are owed a total of USD 250,000,000 and that Scott Tom has "blown them off".

"Let's discuss exactly how Scott Tom and his cronies have treated shareholders. These are the people that risked their hard-earned savings to give Absolute Poker its start many years ago.

"Scott Tom and his cronies have totally blown off shareholders. While they are busy flying around the World spending thousands and thousands on luxury - shareholders have seen little more than a trickle.

"Today, Shareholders are totally ignored by Scott Tom and his Absolute Poker Management. Calls and emails are ignored. Shareholders have no access to Scott Tom. Behind a curtain setup by lawyers, Absolute Poker was sold to yet another shell company belonging to Scott Tom. This minimized any return shareholders can get."

----

[/ QUOTE ]

This has been posted before, although I *believe* it was never corroborated. This could be the reason for our sources inside AP
  #3  
Old 10-21-2007, 10:55 PM
LuckyMux LuckyMux is offline
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Posts: 128
Default Re: AP thread 872.6 - Statement ITT

The same 'shareholders ripped off for $250m' claim is made in the comments of the Freakonomics blog. Poster calls himself Carlos.

Any news on the 'charity' $10k, Absolute? The silence is deafening on that one...
  #4  
Old 10-21-2007, 10:59 PM
Cruzincat Cruzincat is offline
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Posts: 200
Default Re: AP thread 872.6 - Statement ITT

The financial angle of how AP was funded and the investors not being paid may be the primary reason AJ Green will not be prosecuted. They do not want auditors from any governmental agency getting involved.
  #5  
Old 10-21-2007, 10:59 PM
pokerstudAA pokerstudAA is offline
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Default Re: AP thread 872.6 - Statement ITT

There is a giant thread about this on the Actuary Forums

The actuaries are closely following the developments on 2+2 - who knew?
  #6  
Old 10-21-2007, 11:26 PM
adanthar adanthar is offline
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Default Re: AP thread 872.6 - Statement ITT

[ QUOTE ]
There is a giant thread about this on the Actuary Forums

The actuaries are closely following the developments on 2+2 - who knew?

[/ QUOTE ]

hi guys

boston buckeye seemed kinda annoying but it's good that he came around in the end
  #7  
Old 10-21-2007, 11:29 PM
happyhappyhappy happyhappyhappy is offline
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Join Date: Dec 2006
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Default Re: AP thread 872.6 - Statement ITT

Has AP acknowledged anything about the cheating in the cash games? It seems they have only refunded for the tournament, and not admitted anything to the cash games.
  #8  
Old 10-21-2007, 11:32 PM
ikestoys ikestoys is offline
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Default Re: AP thread 872.6 - Statement ITT

[ QUOTE ]
Has AP acknowledged anything about the cheating in the cash games? It seems they have only refunded for the tournament, and not admitted anything to the cash games.

[/ QUOTE ]
theyve acknowledged the cheating, payments to come after the audit i believe
  #9  
Old 10-21-2007, 11:35 PM
happyhappyhappy happyhappyhappy is offline
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Join Date: Dec 2006
Posts: 268
Default Re: AP thread 872.6 - Statement ITT

[ QUOTE ]
[ QUOTE ]
Has AP acknowledged anything about the cheating in the cash games? It seems they have only refunded for the tournament, and not admitted anything to the cash games.

[/ QUOTE ]
theyve acknowledged the cheating, payments to come after the audit i believe

[/ QUOTE ]

But have they actually admitted anything to the cash games? They've said in print cash game reimbursement is on its way?
I may have missed it...

(Way to maintain under all the personal attacks and best of luck to you in your future btw)
  #10  
Old 10-21-2007, 11:50 PM
gator8373 gator8373 is offline
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Join Date: May 2005
Posts: 23
Default Re: AP thread 872.6 - Statement ITT

[ QUOTE ]
[ QUOTE ]
There is a giant thread about this on the Actuary Forums

The actuaries are closely following the developments on 2+2 - who knew?

[/ QUOTE ]

hi guys

boston buckeye seemed kinda annoying

[/ QUOTE ]i totally agree! and that win diesel guy...what a troll. and don't even get me started on that cohete nutjob!
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