Originally Posted by dougdirt
Not quite. Lederer got 42 and change, while Furgeson got roughly 25 of something like 87 "owed" to him. The entire scheme of course was for $444M, but not for those two guys.
Right. Maybe because of sports and celebrity's salaries (or CEO's), those numbers might seem normal, but they're not. That's an insane amount of money to make for "lending your name".
I found the rake rates for Full Tilt (their website is down).
For Full Tilt to make this kind of money in operations, they had to operating TENs of Thousands tables with BILLIONS being wagered. Incredible.
No wonder it was easier just to steal their customers banks.