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Originally Posted by DAVESNOTHERE
8. segpay is essentially ibill without the debt. their prime players over at segpay, namely cathy beardsley, whom your humble author of this post has never met, is in charge over there. she and the others that run that joint are the real crooks that took off with your money. You see, ibill was once huge. but to pay for their huge houses, expensive cars, coke habits etc..they kept borrowing against YOUR money a month in advance. and they kept doing that to pay their humoungus salaries. well, they kept "paying themselves forward" that it finally caught up to them after 6 months to a year, and BOOM-their 43million in debt. there were just simple sales people, not executives or management or anything like that, bringing in $300,000 a year. thats $25,000 a month just to sign your account up. but segpay is this new, honest company! ya right.
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I don't know who you are but you have NO idea what you are talking about regarding this one. As a former iBill employee myself, one that was there for the rise and the fall, I know the REAL deal. Cathy had nothing to do with what happened at the end. You don't know shit. Cathy was let go when Intercept took over and brought their management team. She came back at the very end, after the damage was done to try and save a sinking ship.
The only other management person at SegPay is Chris Williams, who also had nothing to do with the mismanagement of iBill. In fact, he was only involved with iBill EU.
Before you spew you fucking bullshit, know what the fuck you are talking about. Or at least make sure there isn't someone else who actually does know the facts.