Scaming PartyPoker (MUST READ)

[Dominic10464]

I have had numerous friends pull this scam on partypoker. They register for the igm pay option and make a few deposits and a few withdraws. If people don't know IGM pay directly withdraws money from your bank account so your bank accounted is linked to them.

Heres the catch, IGM pay takes a day or two to withdraw the funds from your account, but gives you the money instantly in partypoker. So friends of mine wait till late at night and make a huge deposits of 800, 1000, 1500 etc. They play all night.

IF THEY LOSE THE MONEY DEPOSITED, they wake up early goto their bank and close their bank account before IGM has a chance to withdraw the funds. IGM sent them like two emails, but that was it.

I was curious to find out what implications this would have on their credit score, but i check with IGM and know that you do not have to provide your social security number when signing up for them. I am also assuming that these companies like Neteller, IGM are off-shore companies b/c they make alot of their money of gambling sites which are illegal in the US.

So what im really here trying to find out is does anyone know for sure what implications will happen if your default on a payment to these gambling sites???

BTW: I have had friends do this to BoDog, Paradise, and Sportsinteraction also

 

[QuickLearner]

You and your friends are scum.

 

[Matt24]

Wow, your friends are some major losers. I couldn't be friends with people like this. With Neteller, you do have to provide social security to hook it up with your bank account. Credit companies can find a lot.

btw, why is this a must read? Do you really want everyone to know that your friends are major douchebags? Do you realize that Party Poker and maybe some other companies confiscate the funds from the "winners" when someone pulls this scam on them because they reason that the scammer put money in and dumped it to his friend, then closed his account footing Party with the bill. So as much as you are cheating Party, you are also cheating the players who won money from you. This is so fuckin sad.

 

[JoeyNorth]

I don't think Party confiscates funds from the winners. I have never heard of this or had any funds confiscated, and I have played a lot of poker. Please explain, Matt24.

 

[Matt24]

I did explain. It happens, I've never had it happen as well, but it doesn't mean it doesn't. If the fraud team finds that they believe the money was dumped to someone, then they will confiscate it, sometimes these people are just innocent people, of course others are actually in on the scam having the money dumped to them. But innocent people do get ripped off now and then. Also those innocent people will have thier account closed. Sometimes through talking with Party you get everything sorted out, sometimes maybe not.

 

[spanky49]

i found this out about bodog a few years back.i would deposit on monday,play right away and not have my bank acct deleted until wednesday.when i told them what i could do to them they have it done by about 2-3% of people. he said it was the cost of doing business and they would only lose $500,ckicken feed to them.

 

[JoeyNorth]

Matt, what you are talking about is different then what Dominic is talking about. Sure when money is dumped to someone they will confiscate the funds and ban both accounts. I don't think they would take money away from a player who legitimately won from someone else, even if the loser has no plans to settle their debt with the site. The site will just eat this cost.

 

[Matt24]

I know this Joey, I'm saying if this is what the fraud team finds, the fraud team fucks up sometimes and thinks the money was dumped.

 

[Marauders]

Matt is exactly right. If I am part of the fraud tema, and see people ripping me off like that, I will go through some of the player's hand history, to see who he lost money to. If there is ANY sign of money dumping, I am freezing both accounts and investigate it closer. Lots of innocent player could be affected.

Marauders

 

[Dominic10464]

Sorry if I offened anyone. I am just telling you what I have been told and were seeing if anyone knew what these sites did about something like this.

As I assumed it was the cost of business like spanky said.

Matt, I never knew about the fact that people pull this scam and dump the money to people and cash out the money. I would be pissed too if my account was frozen b/c of someone else defaulting on their payment. I think you missed interperted what I was asking.