A Missouri man who runs a NFL survivor pool told his pool participants that all the pool’s funds were seized by the federal government. The man runs the website mrsports.com.¬†David Purdum¬†at Linemakers first¬†reported the story.
According to pool participants, there were 2,000 players in this year’s survivor pool who each paid $100. And there was a second chance pool (also $100 buy-in) including 530 paid entries.¬†
The result? A payout pool of $253,000.
The seizure notice, which was hand delivered by federal agents, indicates the pool’s funds were kept in a bank account at ING.
The website Mrsports.com has been used to facilitate fantasy leagues for more 17 years, according to records posted on the site. Interestingly, the seizure notice references¬†8 USC ¬ß 1084 which is the Federal Wire Act that prohibits online transmitting of sports betting information.
After federal officials delivered the seizure notice, the pool operator sent the following email to pool participants:
Subject:¬†PLEASE READ!!!…. BAD NEWS!!!