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п»їGambling Addict and Former Full Tilt Pro Erick Lindgren Sued for $2.5 Million.
The disgraced old school Pro has frittered away $10 million plus in poker winnings on his gambling addiction.
Erick Lindgen has not enjoyed an easy time since Full Tilt collapsed in 2011—he filed for bankruptcy, entered rehab for gambling addiction and now the Rational Group is suing him for over $2.5 million.
Apparently, Lindgren asked Full Tilt owner Chris Ferguson for a $2 million loan, and the money was accidentally transferred twice to his bank account back in April 2011. Like much of the money that Lindgren has received from backers and poker players over the last few years, this was not returned.
Gambling Debts Made Public.
Others chimed in and it quickly became clear that Lindgren had a real problem—he was a compulsive gambler who used his poker income to make enormous bets which turned him from millionaire into pauper.
“I think that a lot of people don’t realize that since 2004, I’ve paid back, before I ever got a Full Tilt payment, I had paid back over $3 million in debt, I was probably $6 million in debt in ’04 and I paid about $3 million and then at various times I lost a lot of money in golf or sports,” Lindgren told Bluff Magazine. “I took some hits and I was probably at my worst about $10 million in debt. Going in to Black Friday I think I had it down under $2 million.”
The Road to Recovery.
Lindgren entered rehab Morningside Recovery at Newport Beach, California, with his priority being to get himself into a position where he could return to being able to support his wife and family.
He filed bankruptcy proceedings but the court did not discharge the debt to Full Tilt.
The filing for recovery by the Rational Group may be just the first salvo in a corporate strategy to recover as much as possible from Full Tilt’s former debtors. It is believed that a number of other former Full Tilt Pros also have outstanding debts to the company.
Recovering anything from Lindgren may not be easy—his income collapsed in 2011, and although he can still be seen playing in events like the WSOP , where he managed a fifth place finish for $129,192 in last year’s $10k NLHE Six Handed, most of his winnings go to the people who are still prepared to back him to play poker.
Full Tilt Casino & Poker Game‪s‬ 17+
Blackjack, Roulette and Slots.
Stars Mobile Limited.
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ВЈ20 Free Play Promotion Terms and Conditions.
- Offer only available to players who have never made a real money deposit of ВЈ10 or more - The ВЈ20 Free Play will be credited daily from deposit date: Day 1 = 5 x $1 S&G (Spin & Go) tickets, Day 2 = 5 x $1 S&G tickets, Day 3 = 5 x $1 S&G tickets, Day 4 = $5 cash bonus, Day 5 =5 x $1 S&G tickets, Day 6 = $5 cash bonus - We reserve the right to withhold rewards if there is reason to suspect that a deposit is fraudulent, or that it has not been made with the intention of using it to play real money games - All Spin & Go tickets issued as part of the ВЈ20 Free Play promotion expire 21 days from issue - Any unused tickets issued as part of this promotion will be forfeited - Tickets cannot be redeemed for cash or any other value, or be transferred - A cashout at any time during the bonus period will leave you ineligible to claim this bonus.
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