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Old 07-16-2006, 07:11 PM  
minusonebit
So Fucking Banned
 
Join Date: Feb 2006
Posts: 7,391
Quote:
Originally Posted by webgurl
What Facts are you talking about this sounds more like fiction to me?
You have no idea. If you think EPassporte doesn't have
millions for backup you are clueless (sigh)
They have millions of OUR MONEY.

And if they use that to cover operating expenses (including lawsuits) they'll go to jail if they can be located. They are required to keep our money in a trust account and not comingle it with the operating funds. The same way an attorney keeps trust accounts for his clients.

We had a local personal injury attorney get convicted of raiding the trust accounts to the tune of nearly $2 million not so long ago. He escaped major jail time IIRC because he promised to make reistution from personal funds and had a sudden wave of guilt for the people he fucked over. But a payment processor for the porn industry will not be so lucky.
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