The (Probable) Demise of a Long-Running Poker Scam
A year and change ago, we detailed one of the latest in a rich tradition of poker-themed scams to have graced the Internet. A blatant Ponzi scheme titled PokerAutomatics, most likely based …
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Poker Automatics, Part 1: Likely Return of the Remote Poker Ponzi Scam
Remember the ‘Poker by Proxy’ Ponzi scam? Back in late 2013, FlushDraw and your loyal poker writer filled the lead role in exposing Poker by Proxy, a Ponzi scheme based upon …
Poker Automatics, Part 2: Deconstructing a Faked Launch?
In Part 1 of our three-part look at what is likely a second-generation Ponzi scam based on remote online-poker, we began looking at how a site calling itself Poker Automatics …
Poker Automatics, Part 3: Not-Quite Legit Payments and a Ready-Made Exit Strategy
One of the key elements in launching a “successful” online HYIP (High Yield Investment Program) scheme, fraudulent or not, is the ability to quickly show investors receiving tangible returns. The …
