Dr. Octopus
Footballguy
This has become a great thread for Phenoms' competitors to lure in some new suckers....errrr I mean customers.
Just kidding of course.
Just kidding of course.
It is was a cut and paste of their money market account. In the top right you can change between accounts. I can see the balances of two other accounts when I hit the drop down button.How do you toggle in a "snapshot"? Elaborate on how this was done because it makes no sense right now.Their was not fake like that one. It was done so I could toggle between the account balances.Here is a snapshot of Mike's Wells Fargo account: http://postimg.org/image/ryr3m9cv1/I am in 70 leagues over there. They sent me a snap shot of their bank account and told me their accounting procedures when I brought this subject up with them.You guys in any Masters leagues? They appear to be doing the same thing Phenoms was (minus the theft so far).
Never know....they certainly don't have post count going for them....This has become a great thread for Phenoms' competitors to lure in some new suckers....errrr I mean customers.
Just kidding of course.
Why would anyone give him 600K? Never going to happen.a few updates:
MyFantasyLeague's official twitter said they were shocked and appalled by what happened with Phenoms and they were meeting together today to discuss what they can do to help this situation (perhaps provide free hosting next year for phenom members?)
Mike has informed some members via email that he planning on filing bankruptcy for the company if he can't get 600K in the next two weeks
File your lawsuits before the bankruptcy.a few updates:
MyFantasyLeague's official twitter said they were shocked and appalled by what happened with Phenoms and they were meeting together today to discuss what they can do to help this situation (perhaps provide free hosting next year for phenom members?)
Mike has informed some members via email that he planning on filing bankruptcy for the company if he can't get 600K in the next two weeks
That wouldn't matter. You're a creditor in the bankruptcy either way.File your lawsuits before the bankruptcy.a few updates:
MyFantasyLeague's official twitter said they were shocked and appalled by what happened with Phenoms and they were meeting together today to discuss what they can do to help this situation (perhaps provide free hosting next year for phenom members?)
Mike has informed some members via email that he planning on filing bankruptcy for the company if he can't get 600K in the next two weeks
Sort of like getting hit on at a rape victims support group.This has become a great thread for Phenoms' competitors to lure in some new suckers....errrr I mean customers.
Just kidding of course.
did you know Sandusky wrote a book called 'touched'?So glad somebody finally posted this.Foreshadowing in the TimLeeg thread?
Unlucky said:Just taking a look in the rear-view mirror. How's it going back there, suckers?
600k short now, so his story doesn't even add up now. If it was only 200k instead of 630k for software, he said he would be fine.a few updates:
MyFantasyLeague's official twitter said they were shocked and appalled by what happened with Phenoms and they were meeting together today to discuss what they can do to help this situation (perhaps provide free hosting next year for phenom members?)
Mike has informed some members via email that he planning on filing bankruptcy for the company if he can't get 600K in the next two weeks
Cut and paste with a drop down menu? Sorry, but your explanation has gone from bad to worse. I am a DBA, and if they sent you something offline, it is not actually connecting to the bank's database. There is no way they gave you a login to their bank account, so all you have right now is your lying eyes. At the same time, the owner of Master's has been asked twice if he uses an escrow and there has been no response. Simple as this, do not sign up for any league that does not use an escrow service like leaguesafe.com.It is was a cut and paste of their money market account. In the top right you can change between accounts. I can see the balances of two other accounts when I hit the drop down button.How do you toggle in a "snapshot"? Elaborate on how this was done because it makes no sense right now.Their was not fake like that one. It was done so I could toggle between the account balances.Here is a snapshot of Mike's Wells Fargo account: http://postimg.org/image/ryr3m9cv1/I am in 70 leagues over there. They sent me a snap shot of their bank account and told me their accounting procedures when I brought this subject up with them.You guys in any Masters leagues? They appear to be doing the same thing Phenoms was (minus the theft so far).
He responded to me in less than an hour and explained to me their accounting. They do not use a trust account but they have player deposits in a separate account. Also, I did not ask for the bank information he just provided it.Cut and paste with a drop down menu? Sorry, but your explanation has gone from bad to worse. I am a DBA, and if they sent you something offline, it is not actually connecting to the bank's database. There is no way they gave you a login to their bank account, so all you have right now is your lying eyes. At the same time, the owner of Master's has been asked twice if he uses an escrow and there has been no response. Simple as this, do not sign up for any league that does not use an escrow service like leaguesafe.com.It is was a cut and paste of their money market account. In the top right you can change between accounts. I can see the balances of two other accounts when I hit the drop down button.How do you toggle in a "snapshot"? Elaborate on how this was done because it makes no sense right now.Their was not fake like that one. It was done so I could toggle between the account balances.Here is a snapshot of Mike's Wells Fargo account: http://postimg.org/image/ryr3m9cv1/I am in 70 leagues over there. They sent me a snap shot of their bank account and told me their accounting procedures when I brought this subject up with them.You guys in any Masters leagues? They appear to be doing the same thing Phenoms was (minus the theft so far).
Is this a joke? Leaguesafe can do the same thing Phenoms did. It is all a trust issue, leaguesafe isn't federally backed.Cut and paste with a drop down menu? Sorry, but your explanation has gone from bad to worse. I am a DBA, and if they sent you something offline, it is not actually connecting to the bank's database. There is no way they gave you a login to their bank account, so all you have right now is your lying eyes. At the same time, the owner of Master's has been asked twice if he uses an escrow and there has been no response. Simple as this, do not sign up for any league that does not use an escrow service like leaguesafe.com.It is was a cut and paste of their money market account. In the top right you can change between accounts. I can see the balances of two other accounts when I hit the drop down button.How do you toggle in a "snapshot"? Elaborate on how this was done because it makes no sense right now.Their was not fake like that one. It was done so I could toggle between the account balances.Here is a snapshot of Mike's Wells Fargo account: http://postimg.org/image/ryr3m9cv1/I am in 70 leagues over there. They sent me a snap shot of their bank account and told me their accounting procedures when I brought this subject up with them.You guys in any Masters leagues? They appear to be doing the same thing Phenoms was (minus the theft so far).
Maybe he should check his bank accounta few updates:
Mike has informed some members via email that he planning on filing bankruptcy for the company if he can't get 600K in the next two weeks
How do you know? If they have the funds secured in bank accounts under the max for FDIC insurance, then they are fully insured.Is this a joke? Leaguesafe can do the same thing Phenoms did. It is all a trust issue, leaguesafe isn't federally backed.Cut and paste with a drop down menu? Sorry, but your explanation has gone from bad to worse. I am a DBA, and if they sent you something offline, it is not actually connecting to the bank's database. There is no way they gave you a login to their bank account, so all you have right now is your lying eyes. At the same time, the owner of Master's has been asked twice if he uses an escrow and there has been no response. Simple as this, do not sign up for any league that does not use an escrow service like leaguesafe.com.It is was a cut and paste of their money market account. In the top right you can change between accounts. I can see the balances of two other accounts when I hit the drop down button.How do you toggle in a "snapshot"? Elaborate on how this was done because it makes no sense right now.Their was not fake like that one. It was done so I could toggle between the account balances.Here is a snapshot of Mike's Wells Fargo account: http://postimg.org/image/ryr3m9cv1/I am in 70 leagues over there. They sent me a snap shot of their bank account and told me their accounting procedures when I brought this subject up with them.You guys in any Masters leagues? They appear to be doing the same thing Phenoms was (minus the theft so far).
I just advise reading the fine print on fees. Was shocked that Hyper Active keeps 14% to run the league after paying for MFL.Never know....they certainly don't have post count going for them....This has become a great thread for Phenoms' competitors to lure in some new suckers....errrr I mean customers.
Just kidding of course.
Re-posted from another thread. From the stats I have seen, there is around an 80% chance that a huge league will fold every year. This means that nearly every year a huge league will fold. The Shark Pool will have another thread. The masses will be pissed and Google the guys name + search every database they can. There will be many "condolences" and Christmas will be ruined for many kids whose Dad was bitten by the moron bug.Touchdown There said:Commish left a dynasty league I was in. New commish stepped up, but said he would not use leaguesafe like the previous commish. I left the league and everyone said I was some sort of an ### for trying to force the new commish to use the service.It is human nature to trust people. I expect a huge league like Phenoms to fold every few years and new ones will pop up in its place. The only question is who will be the sheeple losing their money? If you are mad right now, you need to take a breath and get a little introspective. You paid money over the internet to a single dude to hold instead of requesting an escrow.Quez said:should of used leaguesafe.com
You have not lost all faith in humanity to ask for a service to hold the pool of funds. Point at the shirt.
There is nothing stopping the owner of leaguesafe of empting the accounts and taking the money like Mike. As for Masters I can give a #### less if anyone plays there or not. I was concerned about my money and wrote to them. I am simply passing that along here Homer. You seem to have the agenda not me. People know me here and know I have no affiliation with that site.How do you know? If they have the funds secured in bank accounts under the max for FDIC insurance, then they are fully insured.Is this a joke? Leaguesafe can do the same thing Phenoms did. It is all a trust issue, leaguesafe isn't federally backed.Cut and paste with a drop down menu? Sorry, but your explanation has gone from bad to worse. I am a DBA, and if they sent you something offline, it is not actually connecting to the bank's database. There is no way they gave you a login to their bank account, so all you have right now is your lying eyes. At the same time, the owner of Master's has been asked twice if he uses an escrow and there has been no response. Simple as this, do not sign up for any league that does not use an escrow service like leaguesafe.com.It is was a cut and paste of their money market account. In the top right you can change between accounts. I can see the balances of two other accounts when I hit the drop down button.How do you toggle in a "snapshot"? Elaborate on how this was done because it makes no sense right now.Their was not fake like that one. It was done so I could toggle between the account balances.Here is a snapshot of Mike's Wells Fargo account: http://postimg.org/image/ryr3m9cv1/I am in 70 leagues over there. They sent me a snap shot of their bank account and told me their accounting procedures when I brought this subject up with them.You guys in any Masters leagues? They appear to be doing the same thing Phenoms was (minus the theft so far).
I think you have some sort of an affiliation with Master's. This Mike guy did the same thing when other leagues went down. There was a forum thread and Mike came in to post how awesome his site is and how he would never do what others have done. Déjà vu, all over again.
no need for this chiefRe-posted from another thread. From the stats I have seen, there is around an 80% chance that a huge league will fold every year. This means that nearly every year a huge league will fold. The Shark Pool will have another thread. The masses will be pissed and Google the guys name + search every database they can. There will be many "condolences" and Christmas will be ruined for many kids whose Dad was bitten by the moron bug.Touchdown There said:Commish left a dynasty league I was in. New commish stepped up, but said he would not use leaguesafe like the previous commish. I left the league and everyone said I was some sort of an ### for trying to force the new commish to use the service.It is human nature to trust people. I expect a huge league like Phenoms to fold every few years and new ones will pop up in its place. The only question is who will be the sheeple losing their money? If you are mad right now, you need to take a breath and get a little introspective. You paid money over the internet to a single dude to hold instead of requesting an escrow.Quez said:should of used leaguesafe.com
You have not lost all faith in humanity to ask for a service to hold the pool of funds. Point at the shirt.
Take some self-responsibility when you send money over the internet to a person you have never met.
Let's hope he picks the right teams this weekend.a few updates:
MyFantasyLeague's official twitter said they were shocked and appalled by what happened with Phenoms and they were meeting together today to discuss what they can do to help this situation (perhaps provide free hosting next year for phenom members?)
Mike has informed some members via email that he planning on filing bankruptcy for the company if he can't get 600K in the next two weeks
Yes. Myself and a friend of mine cashed in baseball leagues and received prompt payment.Did Mike payout to the winners of his baseball leagues this year?
I was wondering that too. My guess would be yes.Did Mike payout to the winners of his baseball leagues this year?
Maybe not necessarily give him $600k, but his leverage is pretty weak at this point. Since all of his leagues use (uh, used) MFL.com, they stand lose a large portion of those customers next season (and going forward).Why would anyone give him 600K? Never going to happen.a few updates:
MyFantasyLeague's official twitter said they were shocked and appalled by what happened with Phenoms and they were meeting together today to discuss what they can do to help this situation (perhaps provide free hosting next year for phenom members?)
Mike has informed some members via email that he planning on filing bankruptcy for the company if he can't get 600K in the next two weeks
Thanks man. I needed a good laugh!Was it Jimmy Swaggert who famously said to the Congregation that he had to raise a million dollars by the end of the week or "God is gonna take me home"? Maybe we'll see Mike on the Old Time Gospel Hour.Let's hope he picks the right teams this weekend.a few updates:
MyFantasyLeague's official twitter said they were shocked and appalled by what happened with Phenoms and they were meeting together today to discuss what they can do to help this situation (perhaps provide free hosting next year for phenom members?)
Mike has informed some members via email that he planning on filing bankruptcy for the company if he can't get 600K in the next two weeks
Sure, they might be fully insured, in the event that the bank goes under. If you give your money to leaguesafe, them putting it in an FDIC insured account doesn't do you any good if they decide to keep it.How do you know? If they have the funds secured in bank accounts under the max for FDIC insurance, then they are fully insured.Is this a joke? Leaguesafe can do the same thing Phenoms did. It is all a trust issue, leaguesafe isn't federally backed.Cut and paste with a drop down menu? Sorry, but your explanation has gone from bad to worse. I am a DBA, and if they sent you something offline, it is not actually connecting to the bank's database. There is no way they gave you a login to their bank account, so all you have right now is your lying eyes. At the same time, the owner of Master's has been asked twice if he uses an escrow and there has been no response. Simple as this, do not sign up for any league that does not use an escrow service like leaguesafe.com.It is was a cut and paste of their money market account. In the top right you can change between accounts. I can see the balances of two other accounts when I hit the drop down button.How do you toggle in a "snapshot"? Elaborate on how this was done because it makes no sense right now.Their was not fake like that one. It was done so I could toggle between the account balances.Here is a snapshot of Mike's Wells Fargo account: http://postimg.org/image/ryr3m9cv1/I am in 70 leagues over there. They sent me a snap shot of their bank account and told me their accounting procedures when I brought this subject up with them.You guys in any Masters leagues? They appear to be doing the same thing Phenoms was (minus the theft so far).
Bottom line is this guy has probably lawyered up. Has received advice not to pay anyone anything at this point. Most of you that were part of the leagues will get notices from a bankruptcy court asking if you want to assert a claim. Those of you that respond will end up getting a check for pennies on the dollar a year from now (if you are lucky) once the trustee divides what is left. And if it boils down to selling the programing code or whatever he talks about in his email--it could be even longer.
Sorry to be the cold water, but that is where I see this going.
CBS and Yahoo offer dynasty FF leagues that they manage the prize money for? We really don't have any option if we want to play dynasty/keeper leagues for real money. I took to dynasty twitter and ended up with 2 cheap $50 dynasty leagues, that's it. What Mike offered was something unique that you couldn't really find at a "reputable" company.IMO stick with the large, reputable companies (CBS,Yahoo, etc. for season-long, FD and DK for dailies) or you're always running the risk that they guy behind the website is going to walk with your money.
also from what i've been told aren the payouts at cbs/yahoo etc. terrible?CBS and Yahoo offer dynasty FF leagues that they manage the prize money for? We really don't have any option if we want to play dynasty/keeper leagues for real money. I took to dynasty twitter and ended up with 2 cheap $50 dynasty leagues, that's it. What Mike offered was something unique that you couldn't really find at a "reputable" company.IMO stick with the large, reputable companies (CBS,Yahoo, etc. for season-long, FD and DK for dailies) or you're always running the risk that they guy behind the website is going to walk with your money.
How do we know he has 681k? If we take his "only able to pay 20-40%" statement to be true, he has far less than that...I mentioned this before, but for all those saying "he just spent the money it happens". What mike did is the VERY definition of Embezzlment... the state of Utah is in the midst of persecuting a person for the exact same thing.. Interesting note, she stole 1.3 million, and if mike is looking for 600k along with the 681 k he currently has, that is 1.3 million as well
Regardless, in the state of Utah, anything more 9,999.00 taken is a class two felony, punishable by up to 20 years in prison for the first offense.
Take into account if he used any of that money to purchase stock/software/ski vacation, that is wire fraud, for each purchase he made.
The more publicity this gets, the more pressure he will be under.
Bankruptcy will not keep him out of jail, especially considering they are actively persecuting guys like mike. If he cuts a deal for a shorter jail sentence in exchange for making everyone whole, so be it, but it baffles me that so many people think mike will just declare bankruptcy and give the finger to everyone, he is in deep trouble from a variety of angles
Touchdown post a snapshot of it dated 12/16How do we know he has 681k? If we take his "only able to pay 20-40%" statement to be true, he has far less than that...I mentioned this before, but for all those saying "he just spent the money it happens". What mike did is the VERY definition of Embezzlment... the state of Utah is in the midst of persecuting a person for the exact same thing.. Interesting note, she stole 1.3 million, and if mike is looking for 600k along with the 681 k he currently has, that is 1.3 million as well
Regardless, in the state of Utah, anything more 9,999.00 taken is a class two felony, punishable by up to 20 years in prison for the first offense.
Take into account if he used any of that money to purchase stock/software/ski vacation, that is wire fraud, for each purchase he made.
The more publicity this gets, the more pressure he will be under.
Bankruptcy will not keep him out of jail, especially considering they are actively persecuting guys like mike. If he cuts a deal for a shorter jail sentence in exchange for making everyone whole, so be it, but it baffles me that so many people think mike will just declare bankruptcy and give the finger to everyone, he is in deep trouble from a variety of angles
That could be my bad, thought it was real, but maybe it was a joke and just went over my head..That was actually a real screen shot of Mike's account? I assumed it was a fake and a joke. What lawyer would let Mike send out a screenshot of his checking account?
It was a fake I did in 2 minutes in Paint to show how easy it is. Looked real?That was actually a real screen shot of Mike's account? I assumed it was a fake and a joke. What lawyer would let Mike send out a screenshot of his checking account?
Looks nothing like the real thing.It was a fake I did in 2 minutes in Paint to show how easy it is. Looked real?That was actually a real screen shot of Mike's account? I assumed it was a fake and a joke. What lawyer would let Mike send out a screenshot of his checking account?
His brother is what?I'm really surprised this happened, I have been in his leagues for the past three years, including baseball and football. Anytime that I ever won money I received the money promptly and he was a regular here on the forums. I know his brother is the play by play announcer for the Pirates and his dad has a decent amount of money, why couldn't he just have borrowed if from them? There's no way anyone is going to get their money back if he files bankruptcy it's even a longer shot to get the money back from a lawsuit. I agree that we should pursue legal action against this guy and I find the fact that he is deciding whether or not to pursue the Web Developer for legal action to be laughable.
Well that's what he has stated to those of us who have participated in his leagues in the past, but with his elaborate lie, you bring up a valid point.His brother is what?I'm really surprised this happened, I have been in his leagues for the past three years, including baseball and football. Anytime that I ever won money I received the money promptly and he was a regular here on the forums. I know his brother is the play by play announcer for the Pirates and his dad has a decent amount of money, why couldn't he just have borrowed if from them? There's no way anyone is going to get their money back if he files bankruptcy it's even a longer shot to get the money back from a lawsuit. I agree that we should pursue legal action against this guy and I find the fact that he is deciding whether or not to pursue the Web Developer for legal action to be laughable.
no nans: http://pittsburgh.cbslocal.com/personality/dan-zangrilli/His brother is what?I'm really surprised this happened, I have been in his leagues for the past three years, including baseball and football. Anytime that I ever won money I received the money promptly and he was a regular here on the forums. I know his brother is the play by play announcer for the Pirates and his dad has a decent amount of money, why couldn't he just have borrowed if from them? There's no way anyone is going to get their money back if he files bankruptcy it's even a longer shot to get the money back from a lawsuit. I agree that we should pursue legal action against this guy and I find the fact that he is deciding whether or not to pursue the Web Developer for legal action to be laughable.
This is not true. If there are funds to be recovered and split amongst the winners, anyone who lost could potentially have their chargeback taken out of pool of money to pay the winners, screwing them over even more. This of course is all dependent on how much money remains and where it is located, but none of us know right now and won't until more information comes out. If you lost and initiate a chargeback you are stealing from either the winners, paypal, or your credit card company, none of which are acceptable to me.Also for those complaining about people who didn't cash charging back their CC's please stop.
They entered the leagues under the pretense that they would have a chance to win money, they weren't delivered what they paid for.
Everyone who can should be charging back their CC's. Hate to break it to the "winners" but the odds are you're not getting paid anything. Charge everything you can back, you were scammed and not given the product you paid for.