Comments on: Full Tilt Poker or Full Tilt Ponzi? https://www.livedealer.org/full-tilt-poker-or-full-tilt-ponzi/ Sun, 09 Nov 2025 22:36:04 +0000 hourly 1 https://wordpress.org/?v=4.9.26 By: LD https://www.livedealer.org/full-tilt-poker-or-full-tilt-ponzi/#comment-239 Fri, 23 Sep 2011 00:35:25 +0000 http://www.livedealer.org/blog/?p=3486#comment-239 FullTilt lawyer Jeff Ifrah has responded in defense of the above allegations… and it’s not exactly an emphatic denial of wrongdoing.

From an article today at ABC News…

“Banks fail for not having sufficient revenue to cover customer deposits all the time. No one refers to such failures as Ponzi schemes. And there was no Ponzi scheme here”

and

‘Ifrah conceded that Full Tilt may have been mismanaged, and the company “may have made poor decisions.” ‘

Hmmmm, when the slick talking, high priced defense attorney is conceding wrongdoing and simply debating the flavour of the wrongdoing…you start to expect the worst!

more at http://abcnews.go.com/Business/full-tilt-poker-defends-company-ponzi-scheme/story?id=14583408

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