View Single Post
Old 09-03-2010, 06:55 PM  
Ron Bennett
Confirmed User
 
Join Date: Oct 2003
Posts: 1,653
Quote:
Originally Posted by Tempest View Post
ePass doesn't have any of our money. The bank does. You have no accounts with ePass other than an account that shows you what you're balance is at the bank or on your debit card and that allows you to perform transactions between the bank and the debit card etc.
And who has access to that bank account ... presumably ePassporte, since it's theirs!

Furthermore, even if the bank account is insured in some manner, which it very well could be, that likely won't matter, because ePassporte user accounts are NOT individual bank accounts.

Bottom line is, if ePassporte chooses to take the money and run, those with funds in there are SOL!

As far as how money is owed, it's probably, at minimum, a few hundred million to a billion.

Ron
__________________
Domagon - Website Management and Domain Name Sales
Ron Bennett is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote