(Just ONE reason i would suggest people avoid SECUREBUXX)
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Player's Club International
It is with tremendous disappointment that betPCI feels compelled to reply to comments published by SecureBUXX founder and president Anthony Varvaro at TheRx.com and **********.com on the morning of Wednesday, January 29, 2003.
Player's Club International has maintained for eight years an impeccable reputation in the sports gaming community for fairness and integrity, as well as the highest standard of ethical behavior. Toward that end, the company further wishes to defend its position to terminate service with SecureBUXX, while at the same time warn other online race and sports books of the deceptive nature and disingenuous business practices in place at SecureBUXX.
Upon completion of a New York Knicks game versus the Miami Heat at Madison Square Garden on the afternoon of Monday, January 20, 2003, the management of Player's Club International learned that nine active wagering accounts were created from the exact IP (Internet protocol) locale. That address is: 66.163.7.120.
Each account, which was initially funded with a SecureBUXX deposit of at least $1000 and as much as $5000, was awarded a 10 percent sign-up bonus. The accounts were registered under the following names: deleted
Further investigtion of those names revealed a student identification card had been issued by LaSalle College in Montreal, Quebec, Canada, to an (delete) leading betPCI to conclude the latter two names on that list were a guise for the same individual.
That assumption was further confirmed by betPCI's voice-recognition software. Once the digital recording of a telephone call placed by "delete" on January 20, 2003, entered into our fraud-screening database, a definite and identical match was produced with "delete," who works as the SecureBUXX receptionist.
As has been the case with other suspected attempts to cheat betPCI, our management worked closely with the IT deparment at Grande Sports, another Dominican Republic-based bet-shop. In turn, Grande established contact with Cascade Sports. In concert, Grande and Cascade found on file accounts with all nine of the aforementioned names, as well as more than three dozen others -- all eminating from the same IP address.
Player's Club International then learned that bogus accounts under each of the nine names, in addition to dozens of others, had been established at all other participating merchant bet-shops listed on the SecureBUXX Web site.
betPCI immediately suspended all nine accounts and demanded from Mr. Varvaro its entire balance on file with SecureBUXX, inclusive of all costs levied against betPCI for the transfer of funds into each fictitious account. Mr. Varvaro complied within an hour’s time and asked betPCI not to disclose publicly any further information about its findings.
While our company originally complied with that request, it now feels obligated to release this statement in the wake of Mr. Varvaro's blatantly false remarks and outrageously laughable attempt to conceal his efforts to swindle the very bookmakers with whom he ostensibly was working.
Throughout the history of betPCI, every account has been paid in full in a timely fashion. A representative of Player's Club International has been in contact with Mr. Varvaro throughout the last week to ensure him all funds in the bogus wagering accounts he set up at betPCI will be paid. Naturally, those funds will not be delivered until a full investigation of this matter is complete. Mr. Varvaro was assured, however, that will take place very soon.
All deposit bonuses, as well as re-load and referral awards placed into Mr. Varvaro's nine phoney accounts already have been deleted. Mr. Varvaro confirmed via telephone conversation that was a fair first step.
Every statute and bylaw governing accounts and wagering privileges at Player's Club International is clearly displayed on our Web site (
http://www.betpci.com). The first edict reads, "Only one account shall be issued and may remain valid per person or within the same household or IP address. Multiple accounts will be subject to immediate closure."
betPCI was introduced to SecureBUXX through Russ Hawkins, who owns **********.com. But contrary to popular opinion, our company has neither publicly nor privately insinuated involvement in the SecureBUXX plot by Mr. Hawkins.
Nonetheless, betPCI decided on principle not to renew its advertising agreement with **********.com, which continues to endorse and promote the SecureBUXX service. betPCI and **********.com had in place a contract set to expire at midnight on February 1, 2003. Despite that end-date as originally agreed upon by ***, a freelance sales representative for **********.com, Mr. Hawkins prematurely ceased running the betPCI banners on January 25, 2003.
Player's Club International has (and will continue to maintain in its files) hard copies of all contracts tendered to and with **********.com. betPCI also will keep in its archive digital recordings of all telephone conversations with SecureBUXX and **********.com.
betPCI would be happy to provide this evidence in the form of .WAV files, facsimiles or e-mail transmissions to any third-party bookmaker effected by these recent transgressions.
Again, this statement is being released for the sole purpose of making clear that betPCI’s only intention over the last week was to severe cleanly its ties with SecureBUXX and **********.com, and to warn other bet-shops of the underhanded dealings of both companies. As of this time, betPCI has no plans for further comment. It will release additional information about SecureBUXX and **********.com as the need arises to further bolster its reputation as the world’s premier online race and sports book.
Thank you.
The Management at betPCI
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