PPC Aruba Winners Still Awaiting PayoutsDecember 27, 2016 12:10 pm
A number of players who made the final table of the PPC Aruba World Championship main event in November have now issued a demand letter to the organization for the money that they have yet to receive. Despite the letter being sent by a lawyer representing Stephen Deutsch, Michael Lerner and Joan Sandoval, other players who finished in a top seven position are believed to also be owed money.
As a result, the Players Poker Championship (PPC) has been given until December 30th to pay the finalists their winnings, or else face a lawsuit related to a list of charges, including fraud and breach of contract. Commenting on the case, attorney Mac VerStandig stated:
“We are hopeful that rumor and conjecture will soon give way to reasoned explanation and the various players will receive the monies they rightfully won. Should that not occur, we are actively exploring all legal options.”
On November 7th, the $2,400 PPC Aruba World Championship was won by Stephen Deutsch for $133,687, while Michael Lerner finished in 4th place ($48,126), and Joan Sandoval in 6th ($21,390). They were subsequently paid $10,000 each, and told that the rest of the money would soon be wired through to them, although more than a month later no money has been forthcoming.
Despite attempts to contact the organization, there has been no official response made by PPC officials Sandy Swartzbaugh and Bryan Oulton.
The Players Poker Championship has just reached the end of its fourth season, with more than 20 events having been organized in 2016. The PPC also sponsors several notable pros, including WSOP bracelet winner Chris Wallace, Ronnie Bardah, and Mark Kroon. Unfortunately, it would seem that Wallace, too, is owed money by the PPC, a situation he described as “deeply unfortunate”, and it appear that the sponsored group has also now withdrawn their support for the PPC tour.