Dennis vs. SVB Full Story- Truth From the Inside

[GideonF]

I get the impression that French was not so much a thief but a guy with money who wanted to maybe buy some friendships ...

I would find this easier to believe if the contract obligated JF to do his part.

It's not that hard to do this right. Put all of the obligations of each party down in writing. Make sure Dennis has a Tagalog speaking lawyer to act for him and who can make sure he understands the deal.

If JF had done that, my view on this whole mess would be different.

Gideon

 

[Get_A_Grip]

I would find this easier to believe if the contract obligated JF to do his part.

It's not that hard to do this right. Put all of the obligations of each party down in writing. Make sure Dennis has a Tagalog speaking lawyer to act for him and who can make sure he understands the deal.

If JF had done that, my view on this whole mess would be different.

Gideon

Dennis gave an interview in English. He understands enough. French said that the contract was READ to him at least twice. I have NO doubt that Dennis understood what was in the contract. I think after Dennis floated the contract around and he heard some negative feedback, he found Sword to give him a better deal, and he immediately tried to get out of it. That's my take on it.

 

[cueenvy]

Dennis gave an interview in English. He understands enough. French said that the contract was READ to him at least twice. I have NO doubt that Dennis understood what was in the contract. I think after Dennis floated the contract around and he heard some negative feedback, he found Sword to give him a better deal, and he immediately tried to get out of it. That's my take on it.

The contract was made after Orcullo had already failed to pay French winnings. Which is why the contract was so one sided. Then Orcullo figured out how to get out of it and keep the money.

SVB has more honor in his little finger than Orcullo will ever have. French and Orcullo deserve each other.

 

[Kid Dynomite]

I don't understand why so many are against the matches with small money in the middle?



The player is not properly motivated unless loser gets castrated?

Talk about match of the century! Lol

Practice morning, afternoon and night.

Kd


Sent from my XT907 using Tapatalk

 

[Banks]

I don't understand why so many are against the matches with small money in the middle?



The player is not properly motivated unless loser gets castrated?

Talk about match or the century! Lol

Practice morning, afternoon and night.

Kd


Sent from my XT907 using Tapatalk

It's about the perceived value of a match. You gonna watch the preseason game or you gonna watch the super bowl? Ka-ching.

 

[Kid Dynomite]

It's about the perceived value of a match. You gonna watch the preseason game or you gonna watch the super bowl? Ka-ching.

With all the free entry fees given out. Any player money in the middle is super bowl!

Kd

Sent from my XT907 using Tapatalk

 

[alstl]

Clearly fraud. Call the feds.

 

[Get_A_Grip]

Tablulation of "Sins" for both Dennis and French = Dennis Wins

Retracted based on new info from first hand observers.

 

[Banks]

With all the free entry fees given out. Any player money in the middle is super bowl!

Kd

Sent from my XT907 using Tapatalk

Reminds me of a time i matched up for $100 early on. Took about five of my friends to cover my side! Oh, that was priceless.

 

[bicki]

What is a "French Gate"...?
Some unusual love making system maybe??
Thanking you in advance.

only an allusion bro... watergate, nippelgate....

 

[(((Satori)))]

I would find this easier to believe if the contract obligated JF to do his part.

It's not that hard to do this right. Put all of the obligations of each party down in writing. Make sure Dennis has a Tagalog speaking lawyer to act for him and who can make sure he understands the deal.

If JF had done that, my view on this whole mess would be different.

Gideon

I don't think John was being on the up and up either. I think he was promising more than he knew he could deliver which is why he did not want to put his obligations in writing. Having said that though he was handing out money left and right. I saw him in action at a few calcuttas and I am just speaking based on my impressions of it all. I'm pretty sure he would have kept on handing out money as long as he just didn't flat out get screwed. I think getting screwed that fast might have been the best thing for him.

 

[bicki]

Unsavories for both Dennis and French that I can think of:

French
1) Horrible one-sided contract. Obviously it was written to protect French. But, since French was paying for Flights, Motels, Entry Fees, Gambling Matches, Food, and even Clothes, in reality, French acted in good faith and wasn't scr_wing Dennis.
2) Allowed during the Ko/DO stream to let people think that he organized it. To me, very minor, since many of the accolades for the 100k match with Shane were mixed in.
3) Discussed signing the Ko brothers during the match with Dennis. Not good, but considering the fact that the Ko brothers had no money and needed to be backed by someone in order to get to DCC – again, understandable on French's side. Someone suggested that the signing was in the works for 6 months. Not from what French said. Backing Ko brothers may have been suggested 6 months earlier, but no serious work appeared to be done on it until French was asked at Steinway.
4) Others?

Dennis
1) Basically admitted in his interview that he is fine with deceiving the public about the amount in the middle (since he was still making good money from the stream) and because he would be playing hard.
2) Is on tape with Sword (per French) saying that he is afraid of Shane's break and that he won't bet anything in the match, but he will play it for free (being paid 15k guaranteed). I believe this to be the case. So Dennis was willing to play another match lying about what was in the middle.
3) Appears to be lying about not understanding what was in the contract, when it was read to him at least twice. (No reading skills required). This is based only on French's word, but I tend to believe it.
4) He took $6500 from French for DCC for expenses, without telling French that his hotel and entry fees were covered, since he is a past all-around winner (except for BigFoot match that wasn't covered). When French confronted Dennis, Dennis refused to give money back and said that the money was in case Dennis didn't win anything, he would still make money. (Very shady and I can't believe he thinks he's entitled to free money like that).
5) Took the 10k check for the Shane match, and as of the French interview, hasn't returned it like Shane did. According to French, Dennis had already sent it home to the Philippines.
6) Others? – besides being a sore loser and not shaking hands.

You summed it up quite well there. So far I see the pendulum of guilt swinging to Denis's side... That may be subject to change.

I still wonder if Jason and John had signed the same kind of contract!!??

 

[LWD]

Dennis vs French - To Summarize

I listened to both radio interviews and read the various statements and documents. To summarize:

1) John French is an obnoxious gasbag who needs to learn how to say something once then stop talking. Also, nobody cares about what a big "risk taker" and "gambler" you are. Shut the f* up about this already.
2) Dennis Orcollo is either a thief and a liar, or is way too ignorant to play pool for big money stakes.

In more detail:

It seems clear that Dennis had to understand the 2015 contract with French and his excuse about the language barrier is bullshit.

The 10-year term of the contract was Dennis manipulating the contract to serve his immigration problems. Under federal law, when a legal immigrant is granted a green card they have to prove that they will not become a burden on the taxpayers for at least 10 years after their admission. They do this either by showing they have gainful employment or sufficient assets, or by finding a sponsor who will agree to be financially obligated for their support for the ten year period. So Dennis wanted the contract to run for 10 years for this purpose. Fair enough. But this means both parties have to live up to the terms of the contract for the 10 year period. (If Dennis presented this contract to INS and got a green card, and then repudiates the contract, that would criminal immigration fraud, BTW.)

The failure of the contract to enumerate French's obligations to Dennis is either legal malpractice on the part of the lawyer who drafted it, or John French's attempt to screw Dennis, or an indication that John French is too stupid to be a promoter of anything. In fact, the contract is probably invalid on its face since a valid contract must include a quid pro quo for each of the contracting parties.

In any case, since both parties were acting on the assumption that the contract was valid, we can observe the following:

Even though Dennis set up the Steinway match with Ko, French was legally entitled to 50% of any monies Dennis got from the match. That French agreed to forgo his claim on half the money was a generous act on his part.

The match was advertised and promoted and marketed as a $20k match. When the money did not appear (for whatever reason) the parties who set up this match (i.e., Dennis) were legally and morally obligated to reveal this fact to the purchasers of the stream and the gate. That Dennis did not want this done is an act of fraud on his part, for which he could well be civilly and criminally liable. (That Dennis thought it didn't matter because he planned to play hard anyway indicates he does not have a mature enough understanding of his legal and ethical obligations to participate in such matches.)

John French's implicitly taking credit for the Ko match during the live stream was a dishonorable act on his part and his excuse (that he thought Dennis had announced the facts) is bullshit, for which he owes everyone an apology.

After Steinway, Dennis defrauded French out of $6,500 by falsely representing this as money needed for his expenses at Derby City. (Dennis's view that he was entitled to this money in case he didn't have any winnings at Derby City is again an indication that he does not have a mature enough understanding of the legal and ethical obligations of having a sponsorship.)

Dennis won $22,000 at Derby City, half of which he owes to French under the terms of his contract. That he refuses to pay French his share is an act of criminal fraud on Dennis's part.

To facilitate the Dennis/Shane match French fronted both SVB and Dennis $10k as an appearance fee. When the match was cancelled (for whatever reason), Shane properly returned his fee, Dennis refuses to do so. This is another felonious act on the part of Dennis.

So Dennis owes John French $27,500. French has generously agreed to void the contract if Dennis repays only the $6,500. This is very magnanimous on French's part. If I were him, I would demand all he is legally due under the contract, and if it is not forthcoming, I would be down at the District Attorney's office swearing out a criminal complaint against Dennis.

My recommendation: John French ought to get out of "the pool industry" entirely and Dennis Orcollo ought to be banned from any organized tournaments in the U.S. And to the Sword brothers, I would recommend a vigorous exercise in CYA, because Dennis will eventually do to you what he did to French, because of 2) above.

 

[gxman]

Is there any proof that French gave Dennis 6500?

This is from the same guy that said during the Ko match Dennis had $25K riding on the Shane match.

 

[GideonF]

I listened to both radio interviews and read the various statements and documents. To summarize:

John French is an obnoxious gasbag who needs to learn how to say something once then stop talking. Also, nobody cares about what a big "risk taker" and "gambler" you are. Shut the f* up about this already.
Dennis Orcollo is either a thief and a liar, or is way too stupid to play pool with grown ups.

In more detail:

It seems clear that Dennis had to understand the 2015 contract with French and his excuse about the language barrier is bullshit.

The failure of the contract to enumerate French's obligations to Dennis is either legal malpractice on the part of the lawyer who drafted it, or John French's attempt to screw Dennis, or an indication that John French is too stupid to be a promoter of anything. In fact, the contract is probably invalid on its face since a valid contract must include a quid pro quo for each of the contracting parties.

In any case, since both parties were acting on the assumption that the contract was valid, we can observe the following:

Even though Dennis set up the Steinway match with Ko, French was legally entitled to 50% of any monies Dennis got from the match. That French agreed to forgo his claim on half the money was a generous act on his part.

The match was advertised and promoted and marketed as a $20k match. When the money did not appear (for whatever reason) the parties who set up this match (i.e., Dennis) were legally and morally obligated to reveal this fact to the purchasers of the stream and the gate. That Dennis did not want this done is an act of fraud on his part, for which he could well be civilly and criminally liable. (That Dennis thought it didn't matter because he planned to play hard anyway indicates he does not have a mature enough understanding of his legal and ethical obligations to participate in such matches.)

John French's implicitly taking credit for the Ko match during the live stream was a dishonorable act on his part and his excuse (that he thought Dennis had announced the facts) is bullshit, for which he owes everyone an apology.

After Steinway, Dennis defrauded French out of $6,500 by falsely representing this as money needed for his expenses at Derby City. (Dennis's view that he was entitled to this money in case he didn't have any winnings at Derby City is again an indication that he does not have a mature enough understanding of the legal and ethical obligations of having a sponsorship.)

Dennis won $22,000 at Derby City, half of which he owes to French under the terms of his contract. That he refuses to pay French his share is an act of criminal fraud on Dennis's part.

To facilitate the Dennis/Shane match French fronted both SVB and Dennis $10k as an appearance fee. When the match was cancelled (for whatever reason), Shane properly returned his fee, Dennis refuses to do so. This is another felonious act on the part of Dennis.

So Dennis owes John French $27,500. French has generously agreed to void the contract if Dennis repays only the $6,500. This is very magnanimous on French's part. If I were him, I would demand all he is legally due under the contract, and if it is not forthcoming, I would be down at the District Attorney's office swearing out a criminal complaint against Dennis.

My recommendation: John French ought to get out of "the pool industry" entirely and Dennis Orcollo ought to be banned from any organized tournaments in the U.S.

Can someone who believes that Dennis understood the contract please explain to me why he would sign it? You have acknowledged that JF's obligations are conspicuously absent from the agreement. To me the strongest evidence that DO didn't understand the contract is that the contract doesn't reflect the deal JF said was agreed to.

BTW, if the contract is invalid (either because of lack of consideration or because DO didn't understand it), I'm not sure how JF can be legally entitled to half of DO's winnings.

Finally, I would be very surprised if failure to pay on a contract or to refund an appearance fee in the context of a dispute is criminal. People breach contracts all the time and don't go to jail.

Gideon

 

[seven_7days]

Is there any proof that French gave Dennis 6500?

This is from the same guy that said during the Ko match Dennis had $25K riding on the Shane match.

I think Dennis already admitted this and claims that he thought it was for Derby expenses



...so he wired it to the Philippines.

 

[Nick B]

Is there any proof that French gave Dennis 6500?

This is from the same guy that said during the Ko match Dennis had $25K riding on the Shane match.

Not speaking for Jay H but I'm pretty sure he would have called BS on that one real fast. Considering that Dennis gave French his room (according to Dennis) I believe he probably did.

The rest of it is a epic mystery that would require OJ's original dream team to unravel.

 

[iusedtoberich]

I think Dennis already admitted this and claims that he thought it was for Derby expenses



...so he wired it to the Philippines.

I too wonder about a wire. I've done about 10 international wire transfers in the past year, from probably 5 different banks across the US. They are a total pain in the ass. You have to go to the bank in person. And the process takes about 1 hour. It is nuts.

I would imagine Dennis would first need a US based bank account, to deposit his cash winnings into, and then to do an international wire transfer to his family account in the Philippines.

I have no direct knowledge of Dennis' bank situation. But I know for sure international wire transfers are a total pain in the ass, based on my personal experiences.

 

[cueenvy]

Can someone who believes that Dennis understood the contract please explain to me why he would sign it? You have acknowledged that JF's obligations are conspicuously absent from the agreement. To me the strongest evidence that DO didn't understand the contract is that the contract doesn't reflect the deal JF said was agreed to.

BTW, if the contract is invalid (either because of lack of consideration or because DO didn't understand it), I'm not sure how JF can be legally entitled to half of DO's winnings.

Finally, I would be very surprised if failure to pay on a contract or to refund an appearance fee in the context of a dispute is criminal. People breach contracts all the time and don't go to jail.

Gideon

He signed it because after he did French gave him 6500 plus the 10k appearance fee. He knew he was gonna screw him when he signed it.....oh yeah he can't read english!!!

 

[LWD]

More. . .

Yes, if the contract is not legally binding, then French is not entitled to half of DO's winnings. But then Dennis is not entitled to the support he received from French either (including the $6,500).

As to why DO signed the contract, who knows. Maybe he was thinking about his short-term gains and not his own long-term obligations. Maybe he never intended to honor it. But the claim that he thought the contract was only for a DVD is implausible on its face if anything like the procedure French described was gone thru in the development of the contract.

I agree that some of Dennis's actions could be only civil and not criminal fraud. They are all acts of moral fraud, and we will have to let the courts sort out the types (if French brings a complaint).