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Old 09-21-2011, 03:36 PM  
will76
Making $$$$ w/ ClickCash
 
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Join Date: May 2003
Location: USA
Posts: 18,037
Quote:
Originally Posted by Failed View Post
I certainly won't say it's a false accusation, but I certainly don't trust the word of the U.S. Government either. When I played poker online at Full Tilt, I never had a problem cashing out any winnings. I cashed out a 16k check from Poker Stars which came 10 days later without issue. Maybe I was lucky, who knows.
You obviously don't know how ponzi schemes work, this isn't a case of the US govt trying to lie to you.

The Ponzi scheme companies don't keep 100% of the money collected and refuse to pay everyone. To an everyday user like yourself it looks like business as usual because the simple fact is there is a lot of people who leave their money inside the company. For the people like yourself who do requests checks, well the company is taking in a lot more from existing and new players on a daily basis then it was paying out. Therefore, there was a lot of money sitting in their business account which allowed them to keep stealing off the top without anyone noticing. The only time that people catch on is when new money stops coming in and there is a run on deposits, which is what happened.
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