Originally Posted by
Game Protect
The part you are not able to understand is that if the company of a gambling site is bankrupt while owing player balances, the criminal offense of embezzlement is committed. Because they are not allowed (at least in Curacao) to use player funds for business or private expenses. And if the owners / management of a gambling site committed criminal offenses like embezzlement and fraud, then they are liable with their hole private property or income.
You speak like all the owners / management are personally broke and live from the wellfare office. But this is not the case, many of them are millionaires. They embezzled / defrauded $ millions and often did not pay income tax as well!
Example: WSEX closed owing over $1 mio., while founder Ware is millionaire
They laugh their asses off about the dumb victims who are not going after them. Imagine you are a burglar and know that no one will ever go after you and try to hold you liable. So you could simply break in wherever and whenever you like, without any consequenses. Your victims simply moan in the forums about you and that's it.
How crazy would this be?