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Fireman327's Blog

 

Fireman327 (Steve Black)
Representing:
Waterloo, Canada
Blog Rating:
 
# Ratings:
41
# Posts:
25
Last Blog Post:
Wednesday, November 5


UB is back in my good books :)

2 months ago at 5:52 pm

You know how good it feels when you find a 20 dollar bill in your old coat pocket that you never knew was there.. well.. get a load of this email I just received from UB:

As you may be aware, we have recently been engaged in an on-going investigation of allegations of unfair play at UltimateBet. The investigation determined that the cheating scheme was active and fully underway well before we purchased UltimateBet in October 2006. Furthermore, no one implicated in the cheating had ever been an employee of UltimateBet or of Tokwiro Enterprises ENRG, UltimateBet's current parent company. Consequently, we have been pursuing claims related to the cheating scandal against the previous owner of UltimateBet, Excapsa Software.
On November 3, 2008, the Ontario Superior Court of Justice approved a settlement of our claims against Excapsa Software. Under the terms of this settlement, Excapsa will pay Blast-Off Ltd., the Tokwiro-controlled company that originally acquired UltimateBet an amount of US$15 million. We intend to apply this settlement to the final round of refunds to customers who were victims of the cheating scheme. This favorable outcome before the courts validates our claims against UltimateBet's previous ownership with respect to the cheating scandal. We are very pleased with this outcome that benefits both our customers and our company.
Our investigation has concluded that your accounts PSBV12, jerkstore_, Fireman327 were victimized by the cheater.
"Net loss" is the sum of the money that you lost to the cheating accounts in question minus the sum of the money you won from them. Your net loss has been aggregated for all accounts in your name. On this basis, we have calculated that you are entitled to a refund in the amount of $36,625.50. This amount has been refunded into your PSBV account for any losses against accounts associated with unfair play.
We want to express to you our sincere gratitude for your patience, loyalty, support, and your understanding that Tokwiro has acted, and continues to do everything it can to correct this situation. We also want to reiterate Tokwiro's and UltimateBet's commitment to providing a safe and secure environment for our players and our unwavering resolve to monitor our site security with every resource at our disposal.
Since the cheating was exposed in early 2008, we have worked tirelessly to understand what happened and how it happened; to ensure that it could never happen again; to refund our customers for their illegitimate losses at UltimateBet; and to pursue our claims against the former ownership that sold Tokwiro a business that exposed Tokwiro and our customers to illicit activity. With the November 3 Ontario Court decision in our favor, our claims against Excapsa are settled and our refunds to you and to all UltimateBet players who were affected by unfair play will be completed. This concludes our efforts for justice and compensation for Tokwiro and our customers affected by this cheating scandal.
Thank you for your understanding and support.

The UltimateBet Team!

( 5 )
# of ratings: 5
Blog Post Rating:
 
Comments
(20)
    • Netsquash wrote Sunday, November 16 at 3:20 am:
      I don't think he lost it. That was just money he should have won from a cheater. I take that as meaning he has won a ton more money, especially when he compares $36k to finding a lost twenty in an old coat hahaha.
     
    • DeNyd wrote Wednesday, November 12 at 11:39 pm:
      wow u lost a ton of money on that site...alot
     
    • marywannaa wrote Tuesday, November 11 at 1:12 pm:
      u take a gamble before you gamble.
      rather be a free playin donk then a real money lawsuit.
      Cheting schemes happen everywhere, all ya need in 6 buddies and time. ps: be careful of FTP's 9 pers sit n gos.
     
    • Sunnywest74 wrote Saturday, November 8 at 8:26 pm:
      wow three accounts at one site sounds like you are part of the holoe problem there at ub. Just goes to show you dont trust anyone online
     
    • Pluckoff wrote Saturday, November 8 at 6:34 pm:
      *
      Good questions. I never actually had 3 separate accounts registered with UB, I had a VIP contact with them and they allowed me to change my screen name once a month. over a few years on UB I must of had 15 different names.

      I NEED THAT Contact!!!!!!!!!!

      LMAOOOOOOOOOO
     
    • kidkvno1 wrote Saturday, November 8 at 2:24 am:
      well per bad comments I think it is great, and now i get to say See i told you so to the ones who were putting down UB
      Congrats
     
    • Headstains wrote Friday, November 7 at 6:19 pm:
      I believe that's from a car insurance commercial.. progressive maybe?
     
    • Netsquash wrote Friday, November 7 at 2:46 pm:
      Pat, is that from a car commercial?
     
    • villaridge wrote Thursday, November 6 at 6:14 pm:
      You watch to much TV advertising PatMood. lol
     
    • PatMood wrote Thursday, November 6 at 12:32 pm:
      $36000. That's enough for a new pair of shoes. Or a tricked out name tag.
     

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