Archive for April, 2011

So……go to http://www.pokerstars.com and this is what you will see:

I found this article through my roommate.   I found this extremely interesting……..

(http://news.cnet.com/8301-13578_3-20054433-38.html)

Several founders of the three largest Internet poker companies doing business in the U.S. have been arrested as part of an indictment that includes charges of bank fraud, money laundering, and illegally operating gambling Web sites, the U.S. Attorney’s office said today.

The three offshore companies–PokerStars, Full Tilt Poker, and Absolute Poker–are accused of circumventing a 2006 U.S. law that prohibits operating online gambling. Prosecutors say they allegedly tricked U.S. banks and credit card issuers into processing billions of dollars in transactions that appeared to be legitimate sales on hundreds of fake online retail sites purportedly selling jewelry and golf balls. One-third of the money allegedly went directly to the poker companies as revenue through a fee charged to players on each poker hand played, according to the indictment, which was unsealed today in U.S. District Court in New York.

After U.S. banks and financial institutions detected fraudulent bank accounts and shut them down, the defendants allegedly paid a few small, financially troubled banks money as investments in return for processing the payments, according to the indictment. The deals allegedly included a $10 million investment in a private Utah bank that gave the poker companies more than a 30 percent ownership stake, prosecutors said.

The indictment and civil lawsuit seek at least $3 billion in money laundering penalties and forfeiture from the defendants. The federal court issued a restraining order on about 76 bank accounts in 14 countries and seized five Internet domain names allegedly used for operating the illegal games.

Two of the 11 defendants were arrested this morning in Utah and Nevada and authorities are looking for the others, some who may be in other countries, authorities said.

Restraining orders were issued against more than 75 bank accounts allegedly used by the defendants and their payment processors. Five Internet domain names used to host the games were seized by federal authorities.

Representatives from the poker companies named in the indictment could not be reached for comment. The Web sites displayed messages saying “This domain has been seized by the FBI pursuant to an arrest warrant.”

“These defendants concocted an elaborate criminal fraud scheme, alternately tricking some U.S. banks and effectively bribing others to assure the continued flow of billions in illegal gambling profits. Moreover, as we allege, in their zeal to circumvent the gambling laws, the defendants also engaged in massive money laundering and bank fraud,” Manhattan U.S. Attorney Preet Bharara said in a statement. Foreign firms that choose to operate in the United States are not free to flout the laws they don’t like simply because they can’t bear to be parted from their profits.”

This will most likely save me money in the long run……..

This is what Andrew Michaels is doing now……..
UPDATE……just tried to go on a poker website called http://www.twoplustwo.com to read what people are saying in the forums…………I want to know who the eleven people who are indcted.  We will know some of their names………….BUT the fucking whole forum is shutdown. (obviously a traffic overload……..)

It fucking sucks when the internet doesn’t provide……….

I hope we always have the internet……….

I might feel lost in my ways if such a thing happened.

That would totally blow if someone made some type of internet kill switch detonator virus which would destroy the internet , but it definitely would blow even worse, if that individual choose to use the internet kill switch detonator virus after creating it.

It would have to be some real fucking sick puppy, to create and use such a weapon……..

This is what Andrew Michaels is doing now…….(which is probably 15 minutes after the last time I told you what I was doing now…….)