GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Avoid Teleteria And Jay Servidio Or You Will Be Defrauded

stacystreur · 05-09-2004, 03:02 AM

Jay Servidio, president of Teleteria Inc. of New York City, defrauded me out of $5,230.69 in the sale and operation of an adult Web site.

I purchased the site in late 2001. Payment included the site itself, alng with Web hosting and video streaming that I was required to buy from Teleteria, in a turnkey operation. Mr. Servidio promised in Learning Annex classes in New York City, by telephone, and in a New York Press news story that the site would make $70,000 a year in profits if I "marketed" the site; that is, listed it with various search engines.

Following Mr. Servidio's directions to the letter, I listed the site with more than 30 search engines. A trial three-day membership was priced at $3.95 and a one-month membership at $24.95. In three months' operation, revenues were $7.90. That's right--$7.90! This total represented two $3.95 trial memberships, including one purchased by me to check out the system. The recurring costs for Web hosting and video streaming, which had to be purchased from Teleteria, totaled $1,050 every three months. Upon further investigation, I learned that the design of the Web site was of very poor quality and that there are nearly 1.6 million adult Internet sites, according to research by software firm Websense, many of them free. Teleteria's turnkey sites cannot possibly make a profit, a fact Mr. Servidi must have been aware of since he touts himself as an expert in the industry. Therefore, his intent was to defraud.

He also stated that if the site failed, "You can always sell it." This statement is a lie. I was unsuccessful in attempting t sell the site. Potential adult Web site purchasers are aware of the business realities outlined above. They have no incentive to buy a worthless site. I demanded a refund from Mr. Servidio by e-mail, telephone, and certified U.S. mail. He has refused. As a dyed-in-the-wool con artist, he requested EVEN MORE MONEY to remedy the situation. I have filed formal complaints with federal, state and local authorities am suing Teleteria in New York State Small Claims Court.

If all of us he has defrauded work together, we can put Jay Servidio in jail for fraud, where he belongs. In the meantime, warn everyone to avoid Teleteria and Jay Servidio at all costs or you will be cheated as I was.

05-09-2004, 03:02 AM
stacystreur Registered User Join Date: Mar 2004 Location: Staten Island, NY Posts: 4	Avoid Teleteria And Jay Servidio Or You Will Be Defrauded Jay Servidio, president of Teleteria Inc. of New York City, defrauded me out of $5,230.69 in the sale and operation of an adult Web site. I purchased the site in late 2001. Payment included the site itself, alng with Web hosting and video streaming that I was required to buy from Teleteria, in a turnkey operation. Mr. Servidio promised in Learning Annex classes in New York City, by telephone, and in a New York Press news story that the site would make $70,000 a year in profits if I "marketed" the site; that is, listed it with various search engines. Following Mr. Servidio's directions to the letter, I listed the site with more than 30 search engines. A trial three-day membership was priced at $3.95 and a one-month membership at $24.95. In three months' operation, revenues were $7.90. That's right--$7.90! This total represented two $3.95 trial memberships, including one purchased by me to check out the system. The recurring costs for Web hosting and video streaming, which had to be purchased from Teleteria, totaled $1,050 every three months. Upon further investigation, I learned that the design of the Web site was of very poor quality and that there are nearly 1.6 million adult Internet sites, according to research by software firm Websense, many of them free. Teleteria's turnkey sites cannot possibly make a profit, a fact Mr. Servidi must have been aware of since he touts himself as an expert in the industry. Therefore, his intent was to defraud. He also stated that if the site failed, "You can always sell it." This statement is a lie. I was unsuccessful in attempting t sell the site. Potential adult Web site purchasers are aware of the business realities outlined above. They have no incentive to buy a worthless site. I demanded a refund from Mr. Servidio by e-mail, telephone, and certified U.S. mail. He has refused. As a dyed-in-the-wool con artist, he requested EVEN MORE MONEY to remedy the situation. I have filed formal complaints with federal, state and local authorities am suing Teleteria in New York State Small Claims Court. If all of us he has defrauded work together, we can put Jay Servidio in jail for fraud, where he belongs. In the meantime, warn everyone to avoid Teleteria and Jay Servidio at all costs or you will be cheated as I was. __________________ Robert Griffin Staten Island, NY [email protected]