Fraud investigation income support, advice appreciated

dookar

markyb1888 wrote: »

Im happy to do this however im unsure if this will end the matter or not.


Thanks for the feedback

it might not end the matter, but paying it back as soon as you have been alerted to your mistake can only go in your favour should legal proceedings take place.

[Deleted User]

as with most crimes owning up to guilt at the first opportunity will lead to a reduction in the sentence,but it has to be said that for £4k of benefit fraud assuming first offence prison is unlikely

markyb1888

woodbine wrote: »

as with most crimes owning up to guilt at the first opportunity will lead to a reduction in the sentence,but it has to be said that for £4k of benefit fraud assuming first offence prison is unlikely

Yes i have a clean record in all respects.

[Deleted User]

markyb1888 wrote: »

Yes i have a clean record in all respects.

Then i strongly urge that you get legal advice on this matter first thing Monday morning.

Welshwoofs

Marky

Please don't take offence at this, but I don't believe you are giving the full picture here. You're only talking about your £60k winnings from placing 2nd on a televised tournament.....what about your other poker winnings. Did you declare them?

I play online poker myself and I have a couple of friends who are pros so I know that you don't win seats on televised poker tournaments in WI raffles, nor do you walk off the street with no poker knowledge and win a seat. To get a seat on a televised tournament you will have won a large number of satellites to that tournament and to do that you have to be a good player. To become a good player takes lots of experience.

You're also talking about that £60k being a bankroll - well working on the standard theories of bankroll size, I'd say you're looking at playing $20 stake tables, perhaps $25. All online players start at the bottom, playing 5 to 10 cent tables and as they get better and win more cash games (or sit and go tournaments) they build a bankroll and move up to the next staked table.

In other words, you've been playing poker for quite some time. I'd estimate a year, perhaps two. You'll have also won an awful lot of small online tournaments to build your bankroll to get on the kind of tables with the level of stakes which would give you the experience to see a big satellite through and put you on to a televised table.

My guess is that someone you know has shopped you and you want to be totally honest because you and I both know for a fact that this £60k does not represent the sum of your poker winnings.

markyb1888

Welshwoofs wrote: »

Marky

Please don't take offence at this, but I don't believe you are giving the full picture here. You're only talking about your £60k winnings from placing 2nd on a televised tournament.....what about your other poker winnings. Did you declare them?

I play online poker myself and I have a couple of friends who are pros so I know that you don't win seats on televised poker tournaments in WI raffles, nor do you walk off the street with no poker knowledge and win a seat. To get a seat on a televised tournament you will have won a large number of satellites to that tournament and to do that you have to be a good player. To become a good player takes lots of experience.

You're also talking about that £60k being a bankroll - well working on the standard theories of bankroll size, I'd say you're looking at playing $20 stake tables, perhaps $25. All online players start at the bottom, playing 5 to 10 cent tables and as they get better and win more cash games (or sit and go tournaments) they build a bankroll and move up to the next staked table.

In other words, you've been playing poker for quite some time. I'd estimate a year, perhaps two. You'll have also won an awful lot of small online tournaments to build your bankroll to get on the kind of tables with the level of stakes which would give you the experience to see a big satellite through and put you on to a televised table.

My guess is that someone you know has shopped you and you want to be totally honest because you and I both know for a fact that this £60k does not represent the sum of your poker winnings.

Welsh i dont know where to start with your post there are a lot of things a bit off the mark.

Firstly the only problem here is the money i won in november as it is capital that i realise has to be declared because it is over £16k saving.

Pretty much everything in your post isnt relevant as either way im over the £16k and which is all that matters , online poker and earning from online poker are perfectly allowed its just the £16k+ saving that arnt which has created the problem.

I have been playing poker for about 3 years but the only time i have crossed the £16k savings is through the televised tournament.

In regards to how i won my televised seat , i won it in a $1 sattelite.

kittiej

In an interview do you have to say anything at all?

What does the letter say and can you get any more info about what they really want to know?

If it were me I would want to know exactly what it is they want and only after giving the matter my full consideration would I be able to answer any questions.

This is because my memory is terrible and I can't remember what I did last week never mind months ago

markyb1888

Also just to clear up i have been honest with everything here , i actually rounded the figures up.
It was around £57k i won and i had a deal with 2 other people where we swapped a % of each others action , because i done better than them wound up paying then £16k so i actually recieved £41k of the £57k i won.

Not that that makes any difference to this , just saying im not trying to gloss over things to make them sound better.

Oldernotwiser

markyb1888 wrote: »

Yeah as i said , i stupidly thought it didnt matter as it was from gambling earnings and i still wasnt working but yes i can see this was naive at best.

What would you have done if you'd had a big win on the Lottery - wouldn't you have declared this either?

markyb1888

Oldernotwiser wrote: »

What would you have done if you'd had a big win on the Lottery - wouldn't you have declared this either?

It depends what you mean by a big win.

If you mean on a similar scale then no i thought gambling earnings where tax free , which they are but obviously i didnt realise the capital still has to be declared in relation to benefits.

If you mean millions then i wouldnt be concerned about any benefits.