Results 1 to 4 of 4

Thread: Poker Player Quits Job After $60k Win - Bank Refuses to Pay Him

  1. #1

    Poker Player Quits Job After $60k Win - Bank Refuses to Pay Him

    http://www.highstakesdb.com/5718-pok...o-pay-him.aspx

    The 29 year-old Italian told ItaliaPokerClub that he only had $11 in his account at thet time of the win, and only got into the $22 $1m guaranteed event via a 10FPP satellite. RuiDeck, who worked as a waiter in Dresden, Germany at the time of the win decided that he would use his new found wealth to give up his waiting job and have a stab at playing poker for a living.

    However, things took a turn for the worse when the 29 year old Sicilian tried to get his money as he found himself firstly delayed by European money laundering precautions (Euro banks often impose strict restrictions on large withdrawals to combat laundering) and was told he would have to wait a week to withdraw more than €10,000, and then, more worryingly, was told that he could not have the money at all as poker was illegal in the federal district of Saxony in which he lives.

    Despite PokerStars confirming his legitimate win, and offering to write a letter of explanation to his bank, the now unemployed "RuiDeck" is currently unable to access the life-changing funds and is considering legal action.
    I'd like to see when banks try to do this in a country where guns are legal.

     
    Comments
      
      Sanlmar: Beautiful
      
      thesparten: beautiful+2

  2. #2
    Owner Dan Druff's Avatar
    Reputation
    4191
    Join Date
    Mar 2012
    Posts
    28,736
    Blog Entries
    2
    So the bank is just keeping it?

  3. #3
    Quote Originally Posted by Dan Druff View Post
    So the bank is just keeping it?
    No. They have to forward the money to the treasury.

    There was another case in Bavaria:

    http://www.pokernews.com/news/2015/0...ling-20242.htm

    Last week, the District Court of Munich published a decision declaring a man guilty of "illicit online gambling" breaching section 285 of Germany’s Criminal Code on an undisclosed online casino site.

    According to eGamingReview, this unnamed 25-year old German resident was also ordered to repay €63,490 ($75,275) in winnings and a €2,100 ($2,490) fine.

    The court heard arguments that the defendant withdrew over €200,000 ($237,000) in online blackjack winnings in 2011, with €73,490 ($87,131) of this money being found in a shoe box during a raid on the defendant's home.

    This case could prove to be a landmark case, since it appears that not only gaming operators can be targeted in Germany for play on unlicensed sites in the country.

    Gaming lawyer Martin Arendts from the German legal firm Arendts Anwalte told eGamingReview that until now section 285 has been viewed "merely a symbolic criminal offense."

    While Arendts also stressed that this case should not be considered a landmark case, many believe that this could open the doors to the country's authorities to go after other customers of remote gaming operators.

  4. #4
    Gold ftpjesus's Avatar
    Reputation
    269
    Join Date
    Mar 2012
    Location
    Mesa AZ
    Posts
    2,129
    Quote Originally Posted by Towerflower View Post
    No. They have to forward the money to the treasury.

    There was another case in Bavaria:

    http://www.pokernews.com/news/2015/0...ling-20242.htm

    Last week, the District Court of Munich published a decision declaring a man guilty of "illicit online gambling" breaching section 285 of Germany’s Criminal Code on an undisclosed online casino site.

    According to eGamingReview, this unnamed 25-year old German resident was also ordered to repay €63,490 ($75,275) in winnings and a €2,100 ($2,490) fine.

    The court heard arguments that the defendant withdrew over €200,000 ($237,000) in online blackjack winnings in 2011, with €73,490 ($87,131) of this money being found in a shoe box during a raid on the defendant's home.

    This case could prove to be a landmark case, since it appears that not only gaming operators can be targeted in Germany for play on unlicensed sites in the country.

    Gaming lawyer Martin Arendts from the German legal firm Arendts Anwalte told eGamingReview that until now section 285 has been viewed "merely a symbolic criminal offense."

    While Arendts also stressed that this case should not be considered a landmark case, many believe that this could open the doors to the country's authorities to go after other customers of remote gaming operators.
    Its all about controlling the masses. They cant track your ass if you are paying for shit in cash.. They are trying to pull the same shit here in the good ole land of the free as well.. Used to be 10k and above triggered reporting but there are confirmed stories of banks reporting transactions well under that limit to the IRS and even local authorities. Apparently the good ole cash system is being slowly made illegal After all its much easier and simpler for the assholes abusing civil forfeiture to seize your funds and lock you out of your money then it is to seize your cash (although they are getting good with bullshit warrants through corrupt judges lately as well).

     
    Comments
      
      Sanlmar: FTP back in da house

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Moonlanding? Antoine Dodson Quits Being a Homo
    By LLL in forum Flying Stupidity
    Replies: 4
    Last Post: 12-03-2013, 03:10 PM
  2. Florida poker player claims fellow poker player Ray DePasquale is a career scammer
    By Dan Druff in forum Scams, Scandals, and Shadiness
    Replies: 1
    Last Post: 08-27-2013, 06:25 PM
  3. Replies: 3
    Last Post: 07-30-2013, 04:18 PM
  4. Ween calling it quits after 25 years
    By DRK Star in forum Flying Stupidity
    Replies: 17
    Last Post: 06-04-2012, 06:08 PM
  5. Replies: 1
    Last Post: 04-05-2012, 07:37 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •