Posted:
#101
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Let's get a grip people
Posted:
#102
Quote Originally Posted by PaddyMacR:
Yes, no dispute with that. I think that, because of the time frame involved, that the last minute grab wouldn't have been seized by the US, and that it was in effect stolen. I think that by that time, BetEd knew its accounts had been seized and that that money was available to them and not seized. How much it was? I doubt it was millions. I doubt it was hundreds of thousands. If the story was that it was all Covers posters that got taken, then I expect we'd hear from them here and hear the amounts.
No doubt some people were robbed. The only place I know of that guarantees posters who lose on outfits whose banners they post is Peeps. And I think the limit there is 10 grand.
If there ever was a chance of anybody getting paid, then the "stories" on Ayre's website killed that dead. It would have been suicidal for Covers to pay anything, because that would validate Ayre's wild claims that they were the owners of BetEd.
Good post Paddy. I will say this though, if i promoted a book AND ranked them as #1 as covers did with beted, AND had a revenue sharing agreement with that book that paid me hundreds of thousands minimum over the years AND that i made money on each and every persons deposit....AND that book closed up shop stealing players funds, you bet your ass i would stop at nothing to make sure everyone got paid...even if it meant i had to fork a few precious pennies out of my own grubby pocket. I dont thing thats too much to ask. I, unlike some here, have a conscence and have to look at myself in the mirror each day.
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Posted:
#103
Quote Originally Posted by PaddyMacR:
If there ever was a chance of anybody getting paid, then the "stories" on Ayre's website killed that dead. It would have been suicidal for Covers to pay anything, because that would validate Ayre's wild claims that they were the owners of BetEd.
With all due respect, not even remotely. It would mean that they took some responsibility for driving their customer base toward Beted. Calvin's claims are TOTALLY distinct and unrelated.
I bit a really big bullet and cut my brother a check for his Beted balance because I had some role in his opening an account there.
Does that mean I was an owner of Beted?
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Posted:
#104
richsox24 conscence, are your sure, would you take a pinch for us,
don't pretend, if you were Covers you would be any different.Stop the shit you would move yourself far away from the heat as possible, IF only RICH
was the owner of covers all of our issues would be solved. 
TRUCK
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Posted:
#105
Quote Originally Posted by esplanade:
With all due respect, not even remotely. It would mean that they took some responsibility for driving their customer base toward Beted. Calvin's claims are TOTALLY distinct and unrelated.
I bit a really big bullet and cut my brother a check for his Beted balance because I had some role in his opening an account there.
Does that mean I was an owner of Beted?
With all due respect, not even remotely. It would mean that they took some responsibility for driving their customer base toward Beted. Calvin's claims are TOTALLY distinct and unrelated.
I bit a really big bullet and cut my brother a check for his Beted balance because I had some role in his opening an account there.
Does that mean I was an owner of Beted?
good analogy...the only difference in my situation is that covers didnt have SOME role in me depositing into beted. They were the sole reason i deposited into a book that i was a little skeptacle to begin with. 
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Posted:
#108
Quote Originally Posted by LVTruck:
richsox24 conscence, are your sure, would you take a pinch for us,
richsox24 conscence, are your sure, would you take a pinch for us,
don't pretend, if you were Covers you would be any different.Stop the shit you would move yourself far away from the heat as possible, IF only RICH
was the owner of covers all of our issues would be solved.
TRUCK
You're totally wrong Truck. Im by no means perfect but if i made hundreds of thousands, if not millions, by getting people to send this book money, there is no doubt i would help cover their losses if i couldnt get anything else done.
Prob about 4 years ago, i told a friend of mine to buy some stock options on a company that supposedly made a breakthru in finding a cure for HIV, Well, my friend has a wife and 3 kids so he could only afford to put $800 into the options. He ended up losing every cent in 2 weeks and the first thing i did is offer to pay him back entirely because i felt so damn guilty. He didnt end up taking my money but i really wanted him to have the money back. Not all people in this world are greedy assholes Truck.
Again. Im not saying im perfect, im just human.
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Posted:
#111
Quote Originally Posted by LVTruck:
richsox24 did you copy and paste the screen shots showing your balance ,
richsox24 did you copy and paste the screen shots showing your balance ,
at betED, ?
I did not. didnt know i would have to. I do still have the w-u receipt from my deposit in the morning on the 22nd but thats about it. Im sure i know what you're thinking, since there are so many dishonest people in the forum (wont mention names but you know who you are), I must be lying too.
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Posted:
#112
Quote Originally Posted by richsox24:
Good post Paddy. I will say this though, if i promoted a book AND ranked them as #1 as covers did with beted, AND had a revenue sharing agreement with that book that paid me hundreds of thousands minimum over the years AND that i made money on each and every persons deposit....AND that book closed up shop stealing players funds, you bet your ass i would stop at nothing to make sure everyone got paid...even if it meant i had to fork a few precious pennies out of my own grubby pocket. I dont thing thats too much to ask. I, unlike some here, have a conscence and have to look at myself in the mirror each day.
I think that people who lost money on this are justifiably upset. I think it is less clear who is to blame, and who, if anyone, should be reimbursing. The facts are not all in on this. It is mostly speculation, fueled by Pink Ass's wild and vindictive story.
Eventually, the facts will come out in the US court documents on the BetEd case. They always list the amounts seized and where they were seized from. If they were only seized in the US, then BetEd wasn't likely broke when they went on the run. If Panama accounts were seized, then the story that the feds got all of it are likely true.
So we'll see. You can open a Pacer account which gives records of all federal cases in the US system, and do a search on BetEd, or Wright or Parchomchuk and the case will be there. It is likely only a recently opened file, but as things like bail applications come out, then you'll see more information at the USA has to file materials in support.
I certainly don't think you can hold Covers accountable for BetEd getting busted. That goes with the territory. No. 1 books can get busted.
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Posted:
#115
Quote Originally Posted by PaddyMacR:
I think that people who lost money on this are justifiably upset. I think it is less clear who is to blame, and who, if anyone, should be reimbursing. The facts are not all in on this. It is mostly speculation, fueled by Pink Ass's wild and vindictive story.
Eventually, the facts will come out in the US court documents on the BetEd case. They always list the amounts seized and where they were seized from. If they were only seized in the US, then BetEd wasn't likely broke when they went on the run. If Panama accounts were seized, then the story that the feds got all of it are likely true.
So we'll see. You can open a Pacer account which gives records of all federal cases in the US system, and do a search on BetEd, or Wright or Parchomchuk and the case will be there. It is likely only a recently opened file, but as things like bail applications come out, then you'll see more information at the USA has to file materials in support.
I certainly don't think you can hold Covers accountable for BetEd getting busted. That goes with the territory. No. 1 books can get busted.
What im pissed about is how covers can recommend a book that would go to such dishonest lengths to sucker so many last minute deposits with ridiculous offers from unsuspecting people (myself included). Why would you recommend a book that is that dishonest to begin with?? That is one of the reasons that i hold covers PARTIALLY liable.
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Posted:
#116
Quote Originally Posted by richsox24:
What im pissed about is how covers can recommend a book that would go to such dishonest lengths to sucker so many last minute deposits with ridiculous offers from unsuspecting people (myself included). Why would you recommend a book that is that dishonest to begin with?? That is one of the reasons that i hold covers PARTIALLY liable.
What, if any, role did Covers have in promoting those last minute deposits? When did that start relative to knowledge coming out that BetEd's bank accounts had been seized in the sting?
I'm a long time OGD guy. Over there, we laugh at the idea of watchdog sites. People have to make their own decisions on books, all this business about ranking books, particularly at SBR, have to do with advertising dollars and how closely the forums censor any posts that are negative towards their advertisers.
I do think that one point that is very interesting is who was involved in setting up the payment processor sting originally. It's not something the feds could have pulled off without informer help within the industry.
A while back, Bodog had about $25 million seized from payment processor companies in the US. If I remember correctly, the US Justice Department announcement, or it could have been IRS, said that some of those companies were owned by Calvin Ayre, and registered in his own name. You would have to be thicker than bottled pig shite to do that, but he did.
Nothing happened. Guy clearly involved in criminal activity in the US, guy very easy to pick off and extradite. Nothing happened. A while later, the feds become experts in payment processors and are successful in getting there hands on your money.
Calvin Ayre then carries on to openly give out the names of people he alleges are the real owners of BetEd.
Speculation. Possibly. But there is a lot more to support that than there is about what Ayre is saying about the owners of Covers.
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Posted:
#117
I just googled Calvin Ayre and payment processors and found something I didn't know.
In fact, leading U.S. Attorney Rod Rosenstein went after Bodog in 2008 by issuing a warrant for Ayre's arrest (which would see him being detained upon setting foot in the United States) and seizing $24 million from the company's payment processors.
Obviously there would be a secret indictment out on him, but this was the first I'd ever hear that they actually announced a warrant for his arrest. The question is, then, there is a warrant, why don't they extradite him, or pick him off travelling.
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Posted:
#118
Quote Originally Posted by PaddyMacR:
I just googled Calvin Ayre and payment processors and found something I didn't know.
I just googled Calvin Ayre and payment processors and found something I didn't know.
In fact, leading U.S. Attorney Rod Rosenstein went after Bodog in 2008 by issuing a warrant for Ayre's arrest (which would see him being detained upon setting foot in the United States) and seizing $24 million from the company's payment processors.
Obviously there would be a secret indictment out on him, but this was the first I'd ever hear that they actually announced a warrant for his arrest. The question is, then, there is a warrant, why don't they extradite him, or pick him off travelling.
Now I google Rod Rosenstein and find out he is the US Attorney for Maryland.
So now we have Calvin Ayre, with an arrest warrant issued for him by Rod Rosenstein, the USA which will prosecute the BetEd case, providing online information that he knows Rod Rosenstein will read fingering the owners of Covers as the owners of BetEd.
And, Roddy boy is also the attorney who seized all of Bodog's funds and has Calvin red handed, with his name as the owner of the processor companies.
Hmmmm....as Peep always says.
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Posted:
#125
Ok, the picture is starting to come into focus now...
Here's where your troubles all began...
A number of things come from this story. The first is that they have Calvin Ayre dead to rights. They targeted him and they got him and 28 million. Pay careful attention to the bit where the Pacer records disappear on his two fall guys. The case disappears from the Maryland courts, and Pink Ass goes under a rock for almost two years, maybe more.
So, we have a method where an undercover guy places bets. Now, have a look at the press release from BetEd, which oddly enough no one seems to have posted anywhere, especially Calvin Ayre.
Read this carefully...
This sting gives the DOJ complete information on where your money is first sent to in the United States, including bank accounts, and on the bank accounts which the money ultimately goes to, in this case, Panama.
You will note that at the very beginning it says that on May 23, 2011 the US seized bank accounts in a number of foreign countries, including Panama. It also says farther down that the BetEd accounts were in Panama. You can conclude from that that not only were deposits and withdrawals in transit through the United States seized, the main bank accounts of BetEd were seized as well. That being the case, nobody stole your money, the US government has it. However...
So May 23, 2011 is the key day. What was the time period of the too good to be true deposit enticements? Was it before this date or after. If you deposited before, your money was seized either in transit through the US or from the Panama account. Remember, no matter when you sent it, you were sending it in the United States to an operation entirely under the control of US law enforcement. If BetEd was up today, and you sent a deposit, US law enforcement would still have it. BetEd's domain names were seized the same day as the money seizures, so it seems to me that the comeon offers had to have taken place before the seizures, otherwise how would the link be available to deposit on the BetEd site.
Unless I'm missing something, the feds have all the funds BetEd has, and nobody has stiffed or stolen.
It is a question why BetEd made this offer at such an unfortunate time, but I don't see how they could have profited, as the money pipeline was entirely under the control of the US investigators. Who used the very same method they did to bust Calvin Ayre.
You will also notice that the US investigators name two British Columbia men as the owners of BetEd, not the owners of Covers. Years ago, Brun had a story that Calvin was going to take over BetEd. We had it that his sister was going to run it, but there aren't too many people in online gaming from BC who don't have a connection to Calvin.
So his boyos get indicted. What does he do? Under the guise of giving a shit about your money and the Costa Rican employees, he starts a new story for his friends in law enforcement that the owners of Covers are the true owners of BetEd.
Now, here's the penultimate question...who do you think Darren Wright and David Parchomchuk are going to tell the US attorney are the real owners of BetEd when they sit down in Baltimore in the next few days to negotiate a plea bargain with the US attorney?
Penultimate means next to last. Here's the last question...
Do you have a better understanding of who caused your money to be lost and why, out of nothing, you have Calvin Ayre, a known stock fraudster, sexual misfit, and hypernarcissist, fingering your friends Paul and Joe?
I wasn't always an accountant.
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