Quote:
Originally Posted by Konda
Good!
They ripped of lots of webmasters (and customers) from when they were still running porn affiliate programs.
Crazy, $28,000,000 refunded, 23% chargebacks
What were they thinking? Buying stolen card numbers and running them through their merchant accounts? How did they ever expect to get away with that?
Doing xsales the way they did is one thing, but this is next level shit. Reading some of their emails in the complaint they don't seem to be the brightest cookies lol
https://www.justice.gov/usao-sdny/pr...ands-consumers
https://www.justice.gov/usao-sdny/pr...77401/download |
At the end it says, credit card companies were defrauded of the millions they had to pay to customers who charged back.
So... What they really were convicted of is costing Visa and MC money. When you keep your charge backs under certain thresholds they look the other way. When you go to 20%+ you become the prime suspects.