Full Tilt Poker was a Ponzi scheme - MensTennisForums.com
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post #1 of 19 (permalink) Old 09-21-2011, 07:27 PM Thread Starter
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Full Tilt Poker was a Ponzi scheme

The popular poker site has been labeled a ponzi scheme by the justice department.

Poker legends Chris "Jesus" Ferguson and Howard "The poker professor" Lederer have been acused of stealing $300,000,000 from online players.

This is a massive scandal and this will rock the poker world. I haven't been as involved in poker as I once was but this is still a massive blow. Two of the most respected names in all of poker


Jesus Ferguson


Professor Lederer

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Last edited by out_here_grindin; 09-21-2011 at 07:33 PM.
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post #2 of 19 (permalink) Old 09-21-2011, 08:02 PM
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Re: Full Tilt Poker was a Ponzi scheme

No surprises here.
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post #3 of 19 (permalink) Old 09-21-2011, 08:20 PM
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Re: Full Tilt Poker was a Ponzi scheme

Shocking.
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post #4 of 19 (permalink) Old 09-21-2011, 08:27 PM Thread Starter
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Re: Full Tilt Poker was a Ponzi scheme

It is surprising because these two guys were always praised. Nobody said anything bad about these two, especially Ferguson. The sleezebags were thought to be Matusow,Hellmuth and others. But these were the "class acts" of poker

Paradorn Srichaphan
Kei Nishikori, Donald Young, Somdev Devvarman, Dustin Brown, Steve Johnson, Yannick Maden
Robert Farah, Clement Reix, Alexander Dolgopolov, Nathan Thompson


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post #5 of 19 (permalink) Old 09-21-2011, 10:28 PM
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Re: Full Tilt Poker was a Ponzi scheme

I know a little about poker, and know that these two men were well respected. But ultimately, the business they formed smelled like a scam when I first heard about it. And the reality is, poker is about deception more than anything else, so seeing these 2 men using their superior skills of deceiving to trick people into involving themselves in this scam isn't a surprise at all, they had the opportunity and took advantage. Like taking candy from a baby.
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post #6 of 19 (permalink) Old 09-21-2011, 10:40 PM
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Re: Full Tilt Poker was a Ponzi scheme

shocker

What is the real game?
It is a game in which the heart is entertained,
the game in which you are entertained.
It is the game you will win.

MAHARAJI
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post #7 of 19 (permalink) Old 09-21-2011, 10:59 PM
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Re: Full Tilt Poker was a Ponzi scheme

Now take that shit off sport channels.
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post #8 of 19 (permalink) Old 09-21-2011, 11:02 PM
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Re: Full Tilt Poker was a Ponzi scheme

Lederer always was an arrogant asshole. And a bad player on top of that.
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post #9 of 19 (permalink) Old 09-21-2011, 11:55 PM
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Re: Full Tilt Poker was a Ponzi scheme

man that's a great scam... better invest some of that money in lubricant ladies cos where you going you gonna need it...

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why are you so seriously
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post #10 of 19 (permalink) Old 09-22-2011, 02:06 AM
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Re: Full Tilt Poker was a Ponzi scheme

They were bluffing. Isn't that what poker players do?

Well played, Naomi Price, as Shatner would say.

JOIN THE CHURCH OF THE FLYING SPAGHETTI MONSTER TODAY
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post #11 of 19 (permalink) Old 09-22-2011, 04:35 AM
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Re: Full Tilt Poker was a Ponzi scheme

Shame on the former World champion and L/Federer.

Robin Bo Carl Söderling
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post #12 of 19 (permalink) Old 09-22-2011, 10:56 AM
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Re: Full Tilt Poker was a Ponzi scheme

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Now take that shit off sport channels.

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post #13 of 19 (permalink) Old 09-22-2011, 12:12 PM
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Re: Full Tilt Poker was a Ponzi scheme

Pretty funny how Ferguson and Lederer were known to be amongst the nittiest high stakes players, always playing scared money... with such a bankroll they surely could've loosen up a bit
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post #14 of 19 (permalink) Old 09-22-2011, 02:41 PM
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Re: Full Tilt Poker was a Ponzi scheme

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Originally Posted by -calimero- View Post
Pretty funny how Ferguson and Lederer were known to be amongst the nittiest high stakes players, always playing scared money... with such a bankroll they surely could've loosen up a bit
They can't play loose. They are not Tom Dwan.
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post #15 of 19 (permalink) Old 09-22-2011, 03:47 PM
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Re: Full Tilt Poker was a Ponzi scheme

Speaking of Dwan, he said on 2+2 forums that he would give back to players what he owes ftp, which is a little above a million $. And hope other ftp pros will do the same... Unlike Ivey, I trust durrrr for not knowing what was going on there...
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