Poker Nightmare As $60k Winnings Confiscated By Cake PokerMay 30, 2011 7:36 am
Having won $60,000 playing poker over a four day period, an online poker player is now waking up to a nightmare scenario after Cake Poker decided to confiscate the money.
Apparently, the winning player known online as “Tony Guoga” (no connection to Tony G), joined Cake Poker a fortnight ago and then won the impressive amount from “MaxSteak” playing mostly 10/20, 25/50, and 50/100nl.
However, soon after the Cake Network then confessed to suffering a security issue whereby fraudelent funds were deposited into various accounts and so decided to commandeer the player’s winnings.
In their letter sent to him, a Cake Poker Security official ironically also asked for the players understanding in the matter, stating:
“One of the partner sites on the Cake Network had a security issue which involved some accounts bringing fraudulently acquired funds to the tables and losing them. Your account was one of the accounts which won funds from one these fraudulent accounts ($60,614.10). We are sure you recognized and understood that the manner in which these accounts were playing against you was not rational poker. We apologize for this unfortunate issue but we cannot allow these funds to be retained in your poker account since they were not legitimate funds to begin with. These funds have now been removed from your account.
Cake Poker Security”
Without any immediate way of recourse, the player then not surprisingly took his complaint to the forums, where the poker community have been weighing in on the troubling matter.
Some of the more sceptical and less sympathetic posters suggested that “chip dumping” may have been involved, but since the winning player has not been banned this seems less likely.
On the other side of the coin, many poster have been echoing the opinion of “supra1988t” who wrote:
“Cake should eat this loss, it is not up to the player to determine that their opponents are playing with legitimate funds. I would keep fighting this with cake but I doubt you’ll get it back. This is why poker needs to be regulated. Good luck man.”
In addition, some posters have questioned whether “Tony Guoga” would have received a refund had he lost to the fraudulent account. Whatever the case may be, the player in question said he is now seeking legal advice although many posters believe he will have very little chance of recovering his missing $60,000