Webmasterchecks settles case with Department of Justice - GoFuckYourself.com

Redfield · 12-17-2010, 02:36 PM

from their blog

Surprise, AZ (PRWEB) December 20, 2010 ? Webmasterchecks is pleased to announce that it has reached a settlement with the United States Department of Justice to resolve all issues associated with the seizure of client funds.

Earlier this year, the Justice Department placed a freeze on bank accounts belonging to Webmasterchecks. Once the government seized all client funds in the company?s client fund bank accounts, Webmasterchecks worked with government investigators to identify clients not involved with the activities alleged in the government?s complaint. Rich Lloyd, CEO of Webmasterchecks said ?I?m pleased that we were able to work with the government investigators to gain the return of client funds for clients not involved in the actual investigation. I?m thankful for the hard work, integrity and prompt action of the government to resolve this part of their investigation so quickly.?

Because of the efforts by both the government investigators and the Webmasterchecks staff, the client funds for customers that were not involved in the investigation have now been returned to Webmasterchecks. Webmasterchecks is pleased to announce that it has begun initiating payment as well.

Webmasterchecks was represented by Greenberg Traurig LLP and Matthew P. Collins (www.mpcpc.com).

For more information about Webmasterchecks, please contact [email protected]

ShellyCrash · 12-17-2010, 02:39 PM

The gov't really threw a monkey wrench into thier business. If they were running everything on the up and up I really feel bad for them.

TMM_John · 12-17-2010, 02:50 PM

A message from the future!

Congrats to WM checks.

Ethersync · 12-17-2010, 02:51 PM

I hope they can salvage their business. Did they ever say why exactly the government froze everything?

alias · 12-17-2010, 02:54 PM

Quote:

Originally Posted by TMM_John

A message from the future!

Congrats to WM checks.

Titor lives!

Ethersync · 12-17-2010, 02:57 PM

Quote:

Originally Posted by alias

Titor lives!

count of monte cristo · 12-17-2010, 02:57 PM

if this is true, they are on the short list of payment companies that have paid their clients back, the only other company i can only think of is epoch

compared to

365 billing
Globill
WebSiteBilling
ibill
DMR
Probilling
pswbilling
myvirtualcard/Paymonde

i cant imagine what they went through and im amazed they are still around

96ukssob · 12-17-2010, 02:59 PM

so can we now finally cash those checks??

jcsike · 12-17-2010, 03:01 PM

Quote:

Originally Posted by Ethersync

I hope they can salvage their business. Did they ever say why exactly the government froze everything?

i heard at the beginning they were staring at most of the adult money being forfeited, then somehow they were able to work through it.

but i also heard them paying through epass had something to do with it, something about epass being associated with gambling

woj · 12-17-2010, 03:13 PM

"Webmasterchecks worked with government investigators to identify clients not involved with the activities alleged in the government?s complaint."

good thing they explained what the problem was to begin with...

RycEric · 12-17-2010, 03:14 PM

count of monte cristo · 12-17-2010, 03:24 PM

Quote:

Originally Posted by jcsike

but i also heard them paying through epass had something to do with it, something about epass being associated with gambling

Its amazing they were able to walk away with anything if it had to do with gambling, thats what took electracash and gtbill down

gtbill had to forfeit 13 million and electracash millions as well, looks like the govt was freezing a lot of accounts around this time

http://www.justice.gov/usao/nys/pres...ttlementpr.pdf

http://blogs.citypaper.com/index.php...ling-proceeds/

tiger · 12-17-2010, 06:12 PM

Quote:

Originally Posted by woj

"Webmasterchecks worked with government investigators to identify clients not involved with the activities alleged in the government?s complaint."

good thing they explained what the problem was to begin with...

Yeah I wonder if it had to do with gambling sites?

macker · 12-17-2010, 06:13 PM

Good news. Never good for 3rd parties to be dragged into the shite of others.

HomerSimpson · 12-17-2010, 06:16 PM

Quote:

Originally Posted by TMM_John

A message from the future!

Congrats to WM checks.

lagcam · 12-17-2010, 06:22 PM

Well seems that vague news is better than no news.

Serge Litehead · 12-17-2010, 06:26 PM

good news for all or should i say for most who are affected.
at least something positive at year's end, industry-wise

Serge Litehead · 12-17-2010, 06:28 PM

lol on datestamp

JFK · 12-17-2010, 06:37 PM

Quote:

Originally Posted by holograph

lol on datestamp

Back to the future ?

PornMD · 12-17-2010, 06:44 PM

Quote:

Originally Posted by holograph

lol on datestamp

Hah, didn't even notice.

Good to hear some positive news on something. I dunno how much money some people had there but I'm sure any money gotten back from them would feel like found money at this point.

BIGTYMER · 12-17-2010, 07:04 PM

Future News! My favorite.

naughty1 · 12-17-2010, 07:28 PM

"Because of the efforts by both the government investigators and the Webmasterchecks staff, the client funds for customers that were not involved in the investigation have now been returned to Webmasterchecks."

So if you dont get your money then I guess you can just sit and wait for the feds to knock on your door.

Klen · 12-17-2010, 07:49 PM

Dude fix your time machine

Ethersync · 12-17-2010, 08:40 PM

Quote:

Originally Posted by KlenTelaris

Dude fix your time machine

Seems to be working pretty good...

The Dawg · 12-17-2010, 09:54 PM

Interesting.

Chosen · 12-17-2010, 10:50 PM

Good news

marktruman · 12-17-2010, 11:08 PM

Just a shame that JJ from SOBV is going to get millions of clients money returned back to him, great news :/

bluestar · 12-17-2010, 11:21 PM

Quote:

Originally Posted by marktruman

Just a shame that JJ from SOBV is going to get millions of clients money returned back to him, great news :/

this is great, im going to sic my attorney to try to get a lien on his portion of the funds in their account and see if i can get it released back directly to me

Phillipmcd1 · 12-17-2010, 11:24 PM

Quote:

Originally Posted by marktruman

Just a shame that JJ from SOBV is going to get millions of clients money returned back to him, great news :/

I was thinking the same. JJ is about to get an assload of money

Rochard · 12-17-2010, 11:27 PM

I'm a little bit confused here.

If the police think someone is laundering money through a bank, do they walk in and shut down the entire bank while they sort things out and figure it out. Why in the world would they confiscate all of the money Webmaster Checks had when they knew from the beginning that the money involved had nothing to do with the original "compliant".

I think my question is more of "Did they try to shut down a portion of the adult industry" as a "test"?

LB-69 · 12-17-2010, 11:48 PM

Quote:

Originally Posted by Phillipmcd1

I was thinking the same. JJ is about to get an assload of money

I heard they only had 100K USD frozen there, so not millions...

marktruman · 12-17-2010, 11:50 PM

Quote:

Originally Posted by LB-69

I heard they only had 100K USD frozen there, so not millions...

I heard they had at least half a million, 3 periods worth. webmasterchecks told me that JJ has told them to send money directly back

RyuLion · 12-18-2010, 12:45 AM

Big (applause) x10!

DWB · 12-18-2010, 02:02 AM

Quote:

Originally Posted by marktruman

Just a shame that JJ from SOBV is going to get millions of clients money returned back to him, great news :/

You are assuming he actually had a lot tied up there.

Everyone was hoodwinked.

Klen · 12-18-2010, 06:30 AM

Quote:

Originally Posted by Rochard

I'm a little bit confused here.

If the police think someone is laundering money through a bank, do they walk in and shut down the entire bank while they sort things out and figure it out. Why in the world would they confiscate all of the money Webmaster Checks had when they knew from the beginning that the money involved had nothing to do with the original "compliant".

I think my question is more of "Did they try to shut down a portion of the adult industry" as a "test"?

Stupid policy,but it has nothing with adult,i'v seen more cases where entire provider was shutdown just beacuse of one gambling client.

xebec · 12-18-2010, 09:12 AM

Quote:

Originally Posted by LightscapeMedia

For what it's worth.. Webmaster Checks made it right. So much so that they sent a personal courier to my home when the check bounced. They did the right thing and I think you maybe should have stuck with them. To me, the way they handled things was professional and with integrity.

I saw this post from an affiliate about them a month ago, i cant see Chris Mallick doing anything like this, glad things seem to be turning for the better.

bluestar · 12-18-2010, 09:17 AM

Quote:

Originally Posted by Rochard

I'm a little bit confused here.

If the police think someone is laundering money through a bank, do they walk in and shut down the entire bank while they sort things out and figure it out. Why in the world would they confiscate all of the money Webmaster Checks had when they knew from the beginning that the money involved had nothing to do with the original "compliant".

I think my question is more of "Did they try to shut down a portion of the adult industry" as a "test"?

when porn and banks or the government are involved, all bets are off

high-risk is high-risk

Relentless · 12-18-2010, 09:21 AM

Congrats Rich!

adultdomainseller · 07-14-2012, 05:52 AM

good to hear

Danny B · 07-14-2012, 12:10 PM

Dafuq bump is this?

Porko · 07-14-2012, 04:14 PM

Congrats to Rich @ WM checks

fitzmulti · 07-14-2012, 05:13 PM

Quote:

Originally Posted by adultdomainseller

good to hear

Are you on dope or something?
Bumping almost 2 year old news? LOL!

12-17-2010, 02:36 PM	#1
Redfield Registered User Join Date: Nov 2005 Posts: 74	Webmasterchecks settles case with Department of Justice from their blog Surprise, AZ (PRWEB) December 20, 2010 ? Webmasterchecks is pleased to announce that it has reached a settlement with the United States Department of Justice to resolve all issues associated with the seizure of client funds. Earlier this year, the Justice Department placed a freeze on bank accounts belonging to Webmasterchecks. Once the government seized all client funds in the company?s client fund bank accounts, Webmasterchecks worked with government investigators to identify clients not involved with the activities alleged in the government?s complaint. Rich Lloyd, CEO of Webmasterchecks said ?I?m pleased that we were able to work with the government investigators to gain the return of client funds for clients not involved in the actual investigation. I?m thankful for the hard work, integrity and prompt action of the government to resolve this part of their investigation so quickly.? Because of the efforts by both the government investigators and the Webmasterchecks staff, the client funds for customers that were not involved in the investigation have now been returned to Webmasterchecks. Webmasterchecks is pleased to announce that it has begun initiating payment as well. Webmasterchecks was represented by Greenberg Traurig LLP and Matthew P. Collins (www.mpcpc.com). For more information about Webmasterchecks, please contact [email protected] __________________ i love apple pie

12-17-2010, 02:39 PM	#2
ShellyCrash Confirmed User Join Date: Jun 2004 Location: Tampa Bay, FL Posts: 6,708	The gov't really threw a monkey wrench into thier business. If they were running everything on the up and up I really feel bad for them. __________________ Start making money with the hottest hookup site! up to $55 PPS or up to 75% Revshare ICQ 196766477

12-17-2010, 02:50 PM	#3
TMM_John Confirmed User Industry Role: Join Date: May 2004 Posts: 6,664	A message from the future! Congrats to WM checks. __________________ Too Much Media - Makers of the Industry's Leading Payite Management Platform, NATS!

12-17-2010, 02:51 PM	#4
Ethersync Confirmed User Join Date: Mar 2008 Location: London, Saint-Tropez, Bermuda, Moscow Posts: 5,289	I hope they can salvage their business. Did they ever say why exactly the government froze everything? __________________ The best ePassporte replacement I have found: OKPAY

12-17-2010, 02:57 PM	#7
count of monte cristo Confirmed User Industry Role: Join Date: Sep 2004 Location: monte cristo Posts: 473	if this is true, they are on the short list of payment companies that have paid their clients back, the only other company i can only think of is epoch compared to 365 billing Globill WebSiteBilling ibill DMR Probilling pswbilling myvirtualcard/Paymonde i cant imagine what they went through and im amazed they are still around __________________ premier payment sending company

12-17-2010, 02:59 PM	#8
96ukssob So Fucking Banananananas Industry Role: Join Date: Mar 2003 Location: If I was in your ass you'd know it Posts: 12,991	so can we now finally cash those checks?? __________________ Email: Clicky on Me

12-17-2010, 03:13 PM	#10
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	"Webmasterchecks worked with government investigators to identify clients not involved with the activities alleged in the government?s complaint." good thing they explained what the problem was to begin with... __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

12-17-2010, 03:14 PM	#11
RycEric Confirmed User Industry Role: Join Date: Apr 2009 Posts: 1,313

12-17-2010, 06:13 PM	#14
macker Confirmed User Join Date: Jul 2003 Location: www.FetishAssets.com Posts: 2,161	Good news. Never good for 3rd parties to be dragged into the shite of others. __________________ ForcedMen \| AsianViolation \| WorkMyCock \| TickleAsian \| MasturbationInstructors \| AssCleaners \| TickleTorment \| Fetish4Download (VOD) \| PantyhosePlaza \| FemaleDomination mick[at]fetishassets.com \| ICQ: 395-117

12-17-2010, 06:22 PM	#16
lagcam Confirmed User Industry Role: Join Date: Jul 2007 Posts: 2,892	Well seems that vague news is better than no news. __________________ Working Cam site for sale - NOT affiliate.

12-17-2010, 06:26 PM	#17
Serge Litehead Confirmed User Industry Role: Join Date: Dec 2002 Location: Behind the scenes Posts: 5,190	good news for all or should i say for most who are affected. at least something positive at year's end, industry-wise __________________ SilverCrocodile.com Adult web design since '05

12-17-2010, 06:28 PM	#18
Serge Litehead Confirmed User Industry Role: Join Date: Dec 2002 Location: Behind the scenes Posts: 5,190	lol on datestamp __________________ SilverCrocodile.com Adult web design since '05

12-17-2010, 07:04 PM	#21
BIGTYMER Junior Achiever Industry Role: Join Date: Nov 2004 Location: Walled Garden Posts: 17,066	Future News! My favorite.

12-17-2010, 07:28 PM	#22
naughty1 Confirmed User Join Date: Jun 2007 Posts: 137	"Because of the efforts by both the government investigators and the Webmasterchecks staff, the client funds for customers that were not involved in the investigation have now been returned to Webmasterchecks." So if you dont get your money then I guess you can just sit and wait for the feds to knock on your door.

12-17-2010, 07:49 PM	#23
Klen Industry Role: Join Date: Aug 2006 Location: Little Vienna Posts: 32,235	Dude fix your time machine

12-17-2010, 09:54 PM	#25
The Dawg Confirmed User Join Date: Apr 2002 Location: State Of Bliss Posts: 2,438	Interesting.

12-17-2010, 10:50 PM	#26
Chosen VIPPay.com \| AdultWebSponsors.com Industry Role: Join Date: Aug 2001 Posts: 63,151	Good news

12-17-2010, 11:08 PM	#27
marktruman Confirmed User Industry Role: Join Date: Aug 2004 Location: Europe Posts: 1,025	Just a shame that JJ from SOBV is going to get millions of clients money returned back to him, great news :/

12-17-2010, 11:27 PM	#30
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 74,324	I'm a little bit confused here. If the police think someone is laundering money through a bank, do they walk in and shut down the entire bank while they sort things out and figure it out. Why in the world would they confiscate all of the money Webmaster Checks had when they knew from the beginning that the money involved had nothing to do with the original "compliant". I think my question is more of "Did they try to shut down a portion of the adult industry" as a "test"? __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION

12-18-2010, 12:45 AM	#33
RyuLion ClubDomCash.com Industry Role: Join Date: Mar 2003 Location: San Diego Posts: 32,277	Big (applause) x10! __________________ Adult Biz Consultant A tech head since 1995

12-18-2010, 09:21 AM	#38
Relentless www.EngineFood.com Industry Role: Join Date: Aug 2006 Posts: 5,697	Congrats Rich! __________________ Website Secure \| Engine Food ICQ# 266-942-896

07-14-2012, 05:52 AM	#39
adultdomainseller So Fucking Banned Industry Role: Join Date: Jul 2012 Posts: 155	good to hear

07-14-2012, 12:10 PM	#40
Danny B Confirmed User Join Date: Jan 2007 Posts: 4,423	Dafuq bump is this? __________________ Danny B ICQ: 407485488 SKYPE: DAN-DEVELOPMENT

07-14-2012, 04:14 PM	#41
Porko SeeMyBucks.com Industry Role: Join Date: Sep 2002 Location: USA Posts: 4,014	Congrats to Rich @ WM checks __________________