Rizk Source of Wealth Bullshit!

[Tirilej]

Nobody from Rizk going to comment?

You must be joking! You can't expect a rep to respond to something that was posted a few hours earlier on a weekend.
Probably the new rep isn't aware this thread is alive again, but I hope he have a pm about it.

 

[aceking123]

Yer rep wont respond untill Monday at least, dont think your making trouble colin, im just surprised to see you in this predicament, thafs what iwas trying to say & granted like you said rizk is one of the better casinos out there.

 

[goatwack]

Will Rizk ever truly be the same without our caped marvel rep?

Time will tell

But I doubt it

 

[geordiecolin]

You must be joking! You can't expect a rep to respond to something that was posted a few hours earlier on a weekend.
Probably the new rep isn't aware this thread is alive again, but I hope he have a pm about it.

I did send the rep a PM yesterday and I am waiting for the rep's reply.

I talked to their live chat and got nowhere except for the promise that I would be contacted further via email. Today those email responses concentrated solely on my log in issues even after my log in issue was resolved. They have refused to even comment on my questions on the SOW issues.

It is very frustrating that they are refusing to even mention my SOW issue questions and live chat today also refused to comment on my SOW issues. I deposited a fair amount of money before I was in a position to request a withdrawal that was just a little bit more than my deposits. All I got from live chat yesterday was "Sorry,you should have been sent an email request for the SOW docs"

 

[geordiecolin]

Will Rizk ever truly be the same without our caped marvel rep?

Time will tell

But I doubt it

But Goatie,it was the Captain who was dealing with this issue 7 months ago and it was he who promised that those measures where in place to prevent it happening again

 

[goatwack]

But Goatie,it was the Captain who was dealing with this issue 7 months ago and it was he who promised that those measures where in place to prevent it happening again

You obviously missed him doing this:



No but I agree, 7 months is ample time. It needs sorting pronto

 

[Tirilej]

I did send the rep a PM yesterday and I am waiting for the rep's reply.

I talked to their live chat and got nowhere except for the promise that I would be contacted further via email. Today those email responses concentrated solely on my log in issues even after my log in issue was resolved. They have refused to even comment on my questions on the SOW issues.

It is very frustrating that they are refusing to even mention my SOW issue questions and live chat today also refused to comment on my SOW issues. I deposited a fair amount of money before I was in a position to request a withdrawal that was just a little bit more than my deposits. All I got from live chat yesterday was "Sorry,you should have been sent an email request for the SOW docs"

So if you've deposited a fair amount then maybe the trigger was the same as in Deeplays case. The deposited amounts reached a certain points. Just thinking out loud here because I don't want to know any numbers

I understand it's frustrating. I did see that the rep have been logged in earlier today. So if you sent the pm yesterday he should at least have responded that he will come back to you when he had checked.
Whatever reason he didn't do it he will come back.

 

[geordiecolin]

So if you've deposited a fair amount then maybe the trigger was the same as in Deeplays case. The deposited amounts reached a certain points. Just thinking out loud here because I don't want to know any numbers

I understand it's frustrating. I did see that the rep have been logged in earlier today. So if you sent the pm yesterday he should at least have responded that he will come back to you when he had checked.
Whatever reason he didn't do it he will come back.

I am unsure about Deeplays depositing levels but mine could by no means suggest a gambling habit out of control or the amounts a typical launderer would deposit.
In fact after just checking my transaction history it indicates a single £30 deposited and a withdrawal for £157. Hardly high rolling!

 

[Mr Wild]

If the MLRO (money laundering officer) of Rizk wants SOW on you, there is nothing the rep can do about it.
If you dont want the risk of being reported to the NCA, just send in a bank statement or anything to prove that funds you spent at Rizk was earned legally and you are good to go.

This is not something Rizk has enforced, its the government and if Rizk dont follow, they either lose their licence or get fined.

 

[Mr Wild]

EU's 4th directive says that you should have a Risk based approach. So it cant be a specific limit that says you need to submit SOW. It has to be based on their Business risk assessment.

 

[goatwack]

So it's discretionary then?

Colin Colin Colin, what have you been doing

Laundering stacks of £30s!

 

[brianmon]

If the MLRO (money laundering officer) of Rizk wants SOW on you, there is nothing the rep can do about it.
If you dont want the risk of being reported to the NCA, just send in a bank statement or anything to prove that funds you spent at Rizk was earned legally and you are good to go.

This is not something Rizk has enforced, its the government and if Rizk dont follow, they either lose their licence or get fined.

The thing is, yet again they're doing at the withdrawal stage.
Using the withdrawal to blackmail the player into submitting documents.
I can see the UKGC handing out fines for this unethical practice next

 

[geordiecolin]

If the MLRO (money laundering officer) of Rizk wants SOW on you, there is nothing the rep can do about it.
If you dont want the risk of being reported to the NCA, just send in a bank statement or anything to prove that funds you spent at Rizk was earned legally and you are good to go.

This is not something Rizk has enforced, its the government and if Rizk dont follow, they either lose their licence or get fined.

Please read my quote from Captain Rizk in message 547 which was originally posted by him 7 months ago which should have prevented this happening. If Rizks MLRO was in his office at 3am in the morning I would be very surprised,but something must have triggered it because Rizk often process withdrawals very quickly even during the night

 

[interlog]

The thing is, yet again they're doing at the withdrawal stage.
Using the withdrawal to blackmail the player into submitting documents.
I can see the UKGC handing out fines for this unethical practice next

This.... 100x

Why on withdrawal? Why was this money laundering that Colin clearly was doing not detected at the deposit stage?

 

[Tirilej]

This.... 100x

Why on withdrawal? Why was this money laundering that Colin clearly was doing not detected at the deposit stage?

Simply because it's easier to get the required documents at that stage. No other reason of course.

 

[geordiecolin]

This.... 100x

Why on withdrawal? Why was this money laundering that Colin clearly was doing not detected at the deposit stage?

If the measures that the Captain said where in place 7 months ago to prevent this from happening then it is clearly not the issue here. What may be an issue flagged after I made my withdrawal request is the % profits I have made since I started playing at Rizk. I have maybe done too well out of Rizk for their liking?

 

[Jasminebed]

Geordiecolin, here is the first request from the NCA for unexplained wealth

You do not have permission to view link Log in or register now.

.

Stand your ground, be the second.

 

[geordiecolin]

Simply because it's easier to get the required documents at that stage. No other reason of course.

But that ignores the fact that measures where in place to prevent it happening again. And if Rizk did not think it was unfair to wait until withdrawal then they would not have made the fix in the first place

 

[Tirilej]

But that ignores the fact that measures where in place to prevent it happening again. And if Rizk did not think it was unfair to wait until withdrawal then they would not have made the fix in the first place

I was just answering Interlogs question and nothing else

 

[TheAverageGuy]

I've never met a bartender that asked me to prove I wasn't using ill gotten gains before they'd pour me a drink.

Not once, have I found myself in a gentleman's club having to dig through my wallet to produce pay stubs that proved I could afford all of those dollars already in g-strings..

Millions of american's we're given predatory mortgages on properties way beyond their means.. somehow their ability to pay didn't come up...

There's tax on damn near everything I want, need or enjoy.. I don't recall anyone, even once, putting that on hold while the investigation into my spending was complete..

There's a thousand and one ways to spend money that people have opinions about.. what is so special about gambling?

 

[goatwack]

Fact is, doesn't matter how reputable the casino, they'll let you deposit tens of thousands and no AML triggers would kick in.

Circumventing loopholes in the current regs that no one can define and only making it an issue when withdrawing.

Hard to believe it's almost 2019, isn't it

Feels like Nanny McPhee brought to life

 

[geordiecolin]

Fact is, doesn't matter how reputable the casino, they'll let you deposit tens of thousands and no AML triggers would kick in.

Circumventing loopholes in the current regs that no one can define and only making it an issue when withdrawing.

Hard to believe it's almost 2019, isn't it

Feels like Nanny McPhee brought to life

My dear Goatie. When you need me but do not want me then I must stay. If you want me,but no longer need me then I must do one

 

[colinsunderland]

EU's 4th directive says that you should have a Risk based approach. So it cant be a specific limit that says you need to submit SOW. It has to be based on their Business risk assessment.

Shame your employers didn't understand that earlier this year when they blanket requested it from a large proportion of their customer base

Unless the gameplay is suspicious, like doing very low risk bets, then AML procedures should rarely be triggered on withdrawal.

 

[paul7388]

My dear Goatie. When you need me but do not want me then I must stay. If you want me,but no longer need me then I must do one

Well was nice knowing you since Goatie wants you bad. Cya

 

[goatwack]

Well was nice knowing you since Goatie wants you bad. Cya

So based on yours & Dionysus's assessments last few posts, I'm a raving homosexual that dresses up in cheerleader outfits with my nutsack on show!

It's not wholly inaccurate though truth be told