Quote:
Originally Posted by Gerco
Sorry, But to even hear the word "Ibill" and any past association with them is enough to say no thanks. I have a 10,277.61 reasons for this. I have every email from them as they promised payment to me. To date... ZERO payout. Cathy might just be a great person... but you know what... she GOT her paycheck. I never got mine.
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Cathy Beardsley, iBill's President, has announced that she will be leaving iBill to pursue other interests. While IBD regrets Cathy's departure we note that she chose both in the interests of iBill's clients and employees to remain at iBill during the very difficult months of uncertainty while IBD evaluated iBill's business. It is largely due to her efforts that IBD was able to feel comfortable in our ability to address iBill's financial issues and complete this acquisition to the benefit of iBill's clients. Over the next 30 days, Cathy will be working with IBD management to ensure the finalization of the First Data reserve release as well as the implementation of the Inteca trusted third party payment program for our European clients. She may also continue to work with iBill on a freelance basis going forward.
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Ok, exactly what part of Cathy Beardsley, iBill's President, didn't you understand?
No matter where you go... there you are.
She was the "Pres" While I was being directly lied to. You are going to sit there and now tell all of us that she has no "power" no "Idea" what was going on?
BS.
Tell you what, when she cuts me a check from HER earnings running Ibill which, I'm sure was a pretty good paycheck, then I will start to think different. Until then, she is a thief like the rest of the company SHE RAN.
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Further more... It's people like her in my opinion that helped prolong the fraud... yes FRAUD against us and she should be charged along with the rest of them. Im not the only one that thinks so either....
Read this from NEW YORK TIMES.
http://www.newyorkdailytimes.com/home.htm?m=ibill
Notice the DATE of the report.... She took leadership during the worst of it, and then under her they fleeced us. Simple as that. |
I understand you are frustrated and you have every right to be. Anyone who loses money is going to be angry about it and they will usually direct that anger to whoever is the face of that company at the time.
As you said, Cathy took leadership during the worst of it. She became the face of iBill's downfall even though the events that caused FD to terminate iBill's relationship with them had been set in motion prior to Cathy's taking the position of CEO. She had no idea of the situation when she took the position and could have very easily walked away when she found out what was going on. She chose not to because she hoped she could do something positive for those who were about to lose a lot of money. She did do things for iBill clients that would not have happened had she not been there. For example, $20 million was freed up and paid out to EU merchants during Cathy's time there which most likely would not have been paid out had she not been there. Unfortunately, the US reserves were a lot harder to have distributed.
Again, I totally understand your anger and frustration. I had close friends of mine who were screwed by iBill. I know what went on there. It was a shitty thing that happened. Of course Cathy is going to tell you she is doing everything she can to get you paid, she was. Unfortunately she did all she could and that left a lot of people out in the cold and unpaid.
That article is from The New York Daily Times, whatever that is, not the New York Times. I have no idea what that is and how respectable it is and therefore I'm not going to comment on the article.
Again, I understand your anger and you have every right to be angry. Hopefully one day you'll place that anger where it is deserved, at those who caused iBill to fall as it did and not at those who were the face of iBill when things became public and did everything she could to get as much paid out as possible.