50 bounced checks :(

I hear ya...thanks for the advice. Actually I hope he does find it in his stats so he knows he fucked with the wrong person :winkwink:


Ivy

What would you do if say... Agelina Joliee posted your publicly available data on her fan forum and said something like... "I hate Private Ivy ... here's her home address - feel free to pay her a visit for me." And then you saw that in your logs.

I completely understand getting frustrated with crooks like that and venting, I just hope (for your sake, not his) that you don't have any lurking fans or stalkers here that want to impress you is what I'm saying. :2 cents:

I'm guessing you mean check transactions.

What webmaster is stupid enough to put their home address available on yahoo?

I wouldn't mind because nowhere on the internet will you find my actual physical address publicly available...and if I scammed someone like this guy did, I guess I'd assume I deserved it .


Ivy

DAMN!! I just sent him a FAT check as well.

I hope that was a joke :Oh crap


Ivy

thanks for the word.

Bump for Ivy...that sucks ass

I'm guessing he did too ....



Ivy

That sucks. :( Hope he gets caught.

How did he manage that? Did he signup to your site(s) himself using false info? In that case, why wouldn't ccbill catch that? As hard as they scrub you'd think they would pick up on it.

Because 1 $100 Chargeback is equal to 10 $10 Chargebacks and if your Chargebacks total more that 2.5% of your proceeds your fucked.

no. i mean (Visa) credit card transactions

bogus check transactions don't hurt anything but your ego when they take back the money that you THOUGHT you made.

Damn, owned :1orglaugh

Well of course I know that...but we're talking about check signups here. And thankfully in the last 2 years I've only had 6 total chargebacks, some of those being idiot webmasters. Returned checks are a different story though but I'm switching my processor for ACH payments now :thumbsup


Ivy

all scammers need to be ass fucked

Hey Ivy no that wasnt a joke we did some research on him

he or his partner is in montreal as well

he sent us 125 joins

1 to CCbill
124 to WTS checks all on the 3 month option funny thing is he contacted us because his name on the check was wrong and we had to reissue it
today we cancelled that check it was just sent out a day or so ago

thank you for pointing it out!

the ccbill charged back
and 60% of the checks have bounced and been paid on

it appears that NATS doesnt mark them when they get returned and we still pay on them I am not sure about this but I would like to investigate it more
it may not be nats but a WTS issue of not reporting them

I am going to see if nats can not pay on checks untill they clear
this would clear up a lot of issues

at this point I Think I am going to turn off the check option on our joins untill we can get somthing in place to prevent it

its assholes like this that fuck it up for everyone else

Tanker

Damn Tanker :( Your story is worse than mine. But WOOHOO that you cancelled payment on his check!!! I hope he gets shut down big time .... :mad:

I am glad to know that by sharing this it did at least help someone out ( besides just allowing me to vent LOL ) !


Ivy

I hope that this guy goes away or goes to jail we are investigating further

WOW THIS GUY GETS AROUND

He sent us 173 Joins at $69.99 with 17 chargbacks SO FAR.. I cut him off last week, but have sent him over 5k so for..... FUCKING DICK.....

His next 2 week payout was $3600 commission, I cut him off right before that...

Today I got a call for some old lady asking why WE took her money out of her bank account too.. FUCKING SUX, the refunds and chargebacks will be ROLLING in over the next 60 days.... YIKES...

P.S. His address where we send check is in Canada...

damn that sucks, hope everything works out in the end.

I was going to reply and ask why it was such a big deal considering your net loss is zero, and he wouldn't have been paid by ccbill anyway... but I changed my mind when I saw he had scammed others as well. :321GFY

Im just unclear as to how he's doing this. Does he have access to other people's bank accounts?

Either way, why isn't anyone reporting him for fraud?

OMG.... hearing both of you guys stories I'm so glad that caught him early !!!

Hate it for all that he has been able to scam like this ..maybe we should all join up and go after him :winkwink:

Ivy

I'm not sure yet because as you know, you don't get the actual bank acct info of each signup from ccbill.

I hope these other guys go after him since he was able to get away with much more from them and don't know if/how I'll pursue it.

I do know I'm switching ACH processors to a company that does try to collect on returned checks and scrubs them harder. Thanks to Ben at http://www.achdebit.com/ I'll have less worries soon, but still be accepting checks on all my sites.

Ivy

Bumping this again since we now know of 3 programs this guy has scammed...want everyone to see and shut this fucker down :thumbsup



Ivy

isnt most important: number of transactions --> number of CHBs
?

thhat is important as well and needs to stay below 1%

That's what I thought.. I thought it was the percentage of transactions, not the dollar amount, am I wrong ?

Ivy

see, thats why I dont use a third party processor or let them run my affiliate program.
when I have a scammer I just cancel the check I wrote.
total control over your business is a must, anything less and your business is at the mercy of other people.

OK... done. I just smoked his punk ass. He will not be bothering anyone again.

Precisely, the main reason to use a check is you can't use a CC, maxed out?, do you want to take a check from this guy?

Looking at this thread I think the best people to contact would be the police. He has an operation running scamming people.

NATS will mark them returned as soon as WTS tells us about it. You can however also set NATS up so that it does not count the sale until the check actually clears.

Contact me or post a ticket about this.

i bet this guy is dumpster diving a post office for check stubs

damn, this guy must be burning a lot of people. So Ivy, do you mean to say that this guy was paid for his sales and because they bounced the balance was taken out of your check? That sucks. :Oh crap

You're a bitch with brains, figure it out for yourself by researching it or calling someone that knows. Most people here don't have a clue. :2 cents:

How many big programs can you find with a $99 option?

Not too many right? right

what does that tell you?

I'm also telling you from experience, I've been there and done that.

Later,
BV

I asked a simple question, don't think that response was called for but, Ummmm.... ok.....

I'll research it , I forgot this is GFY and noone wants to actually share a valid source of info LMAO , they'd rather call you an idiot and put you down for not knowing something.

Thanks for sharing your wisdom :bowdown


Ivy

Yes, because he only sends 1 sale per day at the largest signup level so by the time he's caught you have already been paid and he has as well, so yea, $624.55 has now been deducted from my checks. :Oh crap


Ivy

me too, no problems with it...if 2.5% is the limit, its easy...Even 1% for transaction amount would be not that hard...

I just checked.... and found this:
___________
What is the chargeback ratio?
The chargeback ratio is the ratio between the "number of transactions" and chargebacks. The maximum chargeback ratio is 2.5%. Any account that exceeds this maximum will be closed. All funds of such an account will be held for 180 days as an insurance deposit.
__________
Which appears to me as I thought... the ratio of the number of transactions, not the dollar amounts... gonna check some more but this is what I always thought.

Ivy

hmmm, but 2.5% in what period of time? At the end of the year for yearly stats, or monthly?

Another excerpt from my google search:)


....your chargeback ratio which is governed on a monthly basis by Visa and MasterCard International. Your
chargeback ratio is calculated by the number of captured transactions in a given month divided by the number of chargebacks received in the same month".

:thumbsup

Ivy

good info, thanks :thumbsup

Thanks Nathan! NATS is #1!

I'll post a ticket today about.

Ivy,

Thanks for the post! I think we caught his check in time! Tanker and I spend last night researching even more into this and are compiling a list of people we've already caught and so new ones that look sketchy. We'll post them for you, so this won't happen to us again with the guys on the list at least.

Thanks,

You're welcome :) And yea, I'd love to get a heads up on others when you have it...may save headaches :thumbsup

Ivy

Mark (corvett) just told me this:
visa is 1% by transaction count and 2.5% by dollar amount
:)
so, BV was right about the numbers