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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Confirmed User
Industry Role:
Join Date: Feb 2003
Posts: 2,649
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What I have learned from Ibill
Hi guys, been reading your ibill posts here for months now and decided to toss in what info I have. Dont know if its already known or not but here goes.
In Dec my rep told me that they were working with FirstData and that FD was going to release about 40% of monies. Why 40%? Because thats what firstdata has, one week of payouts from Sept. They wanted us to think it was alot more so they were saying FirstData would only release 40%. When 40% of whats owed to us is the amount Firstdata has. Secondly: Ibill is definetly paying some clients, certain ones, I know this because my rep told me so. At one point I was having a really tuff time financially because of this company and he actually called me and said. " I am trying to get you your past due balance and your payments from January" I said wow thank you can you do this? He replied " If I couldnt I wouldnt have told you" Apparently the sales reps have a certain degree of control of thier clients as far as who gets paid. Probably by commission for thier own benefit. Needless to say he just gave me the usual Ibill " I'll get back to you" and I have not seen a dime. I dont know who else is going to sue but I have found a lawyer and I am going for it. He also told me they are going to have some third party trust thing so the money will go into an account ibill cannot touch because they know nobody will trust them again, and said they are planning on lowering their rates. blah blah blah Do know if any of this you already knew or even wanted to hear but I thought I would share. I am now fully with ccbill, have been for almost a month now, I am dropping ibill clients daily, (I am cancelling them myself)I have emailed them all telling them EXACTLY what ibill is doing. I have a lawyer and I will sue to the fullest extent of the law. Thanks and have a great day |
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#2 |
Too lazy to set a custom title
Industry Role:
Join Date: Jul 2001
Posts: 59,204
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Is anybody sueing them already?
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#3 |
Confirmed User
Industry Role:
Join Date: Feb 2003
Posts: 2,649
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I am just starting the lawsuit so I am not sure
Debs |
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#4 |
Too lazy to set a custom title
Join Date: Feb 2005
Posts: 16,753
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if you lose with them TOO much.. then get a lawsuit i think..
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#5 |
Confirmed User
Join Date: May 2004
Location: South Florida
Posts: 4,134
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I had my attorney send a demand for payment letter to them last week, today is the deadline, if I get no response I will be filing suit immediately. These bastards owe us over 40k!
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#6 |
Confirmed User
Industry Role:
Join Date: Feb 2003
Posts: 2,649
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This situation is not good, alot of other i know have lost ALOT by being "strung along" with the lies. Many have gone into financial ruin from this.
I do not see any we that this company can redeem themselves, they have gone too far, I think they were relying on people to hong on untill march when First Data releases that money, but again, thats a small amount. My site is unique, it converts really well, Its my main income so I keep my members happy that being said you can imagine what I am owed for 5 years of rebills. Again though, I will not let them rebill my customers anymore I am cancelling 25 per day untill they are gone. I am finished with em. I am sorry for anyone else that is going through this, the smaller guys that have had their income taken away, its hard and its not right. They can use legal terms they can call it what they want they can promise lower rates Trust accounts " moving forward" "Regrouping" whatever. That does not change what they have done to people. Sorry for the ranting Debs |
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#7 |
Confirmed User
Join Date: May 2004
Location: South Florida
Posts: 4,134
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no problem Debs, rant on! alot of us share your pain.
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#8 | |
Confirmed User
Join Date: Feb 2005
Posts: 1,588
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Quote:
As an alternative, I have decided to try using a collection agency. They only get paid on what they collect, and I can always sue ibill in small claims court afterward to recoup collection fees. If anyone is considering a class-action type lawsuit, I would be interested in joining in. Attorney fees can be expensive. BTW, has anyone ever contacted ibill's legal department? Has anyone ever gotten a reply? I have given up trying. |
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#9 | |
Confirmed User
Join Date: Oct 2004
Location: USA
Posts: 817
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Quote:
![]() ![]() ![]() ![]() XOXOXO *Krystal* |
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#10 |
Confirmed User
Industry Role:
Join Date: Feb 2003
Posts: 2,649
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Thanks guys dont mean to sound "hillbillie" here ( allthough I am one) but its just down right wrong.
Debs |
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#11 | |
Making $$$$ w/ ClickCash
Industry Role:
Join Date: May 2003
Location: USA
Posts: 18,037
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Quote:
I hate to sound pessimistic, but you guys will never get paid. IF you win the lawsuit, you wont see any money. Bottom line, if they go under and file bankruptcy then you will never see a dime even if you win the lawsuit. If there is any money left in ibill's account when that happens (not likely) it will go to creditors, we will be the last on the list to get paid. If you don't believe me then fine, by all means waste more of your time and money on ibill. I hate to feel like you are letting them screw you, but you are screwing yourself worse by pouring more time and money into this, total waste. Again I am not a pessimistic person, but you shouldn't be a naive person either. This is the 2nd third party billing company collapse I have gone through and I know others that have gone through this with several other billing companies. It happens a lot, and I have NEVER heard of anyone getting money from the company after they went under. You also need to read your contracts with ibill, I believe one thing to note is the lawsuit will be held in their state, so you waste more on travel, and LOL don't even think about having a lawyer tag along. Also, another think to note is that most of these contracts basically say, if they don't get the money, then they are not obligated to pay you, some other hold harmless clauses, etc... pretty standard shit, they covered their asses with these contracts and 99% of you did not read it (or understand it) when you created your account.... If you really do proceed with a lawsuit please post back in 6 months and at least give me the credit that I was right. ![]() BTW, they owe me over 25K in past checks, and i will likely lose about 50K + in furture rebills.
__________________
ICQ: 86364801 Email: will [at] innovativeassets [dot] com |
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#12 |
Registered User
Join Date: Feb 2005
Posts: 5
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iBill Europe
Anyone other European iBill customers (sorry, I mean vicitims) have any news on this 'trusted third party' business? Ten days ago, they said there would be more news 'early next week' - but of course, nothing has happened.
We're owed around $100k, and we'll lose around $500k if we don't get our future rebills. I was hoping that taking the money out of iBill's hands would mean that it would be safer. Now I'm not so sure. Any ideas on what's happening? |
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#13 | |
Confirmed User
Join Date: May 2004
Location: South Florida
Posts: 4,134
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Quote:
a. I live in South Florida so its a local case. No travel is involved b. The attorney doesn't cost anything as its a personal friend. For anyone to not be seeking some sort of legal advice at this point is absolutely foolish. I for one can't sit here and watch them collect my monies without payout any longer. The latest cmi update was an absolute joke. "Thank you for beliving our bullshit for the last 5 months, please wait 1 more month for our next installment.." -- no thanks. I've had enough. |
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#14 | |
Making $$$$ w/ ClickCash
Industry Role:
Join Date: May 2003
Location: USA
Posts: 18,037
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Quote:
__________________
ICQ: 86364801 Email: will [at] innovativeassets [dot] com |
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#15 |
Too lazy to set a custom title
Join Date: Oct 2002
Location: Far far away - as possible
Posts: 14,956
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Mmm.. Now.. isn't this a nice thread
![]() There were only two people in my life that ever did similar shit that iBill is doing. They are both sitting in a jail cell, one with a 12 year sentence. Never doubt that iBill have had more pissed off clients than I've had meals. They are now used to dealing at this level and assuming webmasters will not act on legal action or other collection methods. Don't waste time with attorney's letters and bullshit - that is water off a duck's back as far as iBill is concerned. The only way to focus minds is file a claim for all monies owing, including holdbacks (because they breached contract), interest, damages in respect of rebills and any other reasonable damages as your attorney may suggest. If you have been lied to in email or given promises of any kind which IBill have renaged on, or have any reason to believe fraud may be an issue - pass all information to the Florida Attorney General's office - 866-966-7226. This office is already familiar with iBill. iBill's situation is not simply about iBill, but also concerns IBD, PHSL and the principals in these corps and others are investigating them now. Banks are withholding funds due to iBill and the majority of these funds belong to webmasters - this may be a time we can thank banks for their foresight in protecting iBill client funds - they don't trust iBill. If you have claims against iBill - my only ![]()
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XXX TLD's - Another mosquito to swat. |
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#16 | |
Making $$$$ w/ ClickCash
Industry Role:
Join Date: May 2003
Location: USA
Posts: 18,037
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Quote:
I will bet anyone right now that their lawsuit does not yeild money... if you sue please keep us posted i would love to be wrong, but i doubt it will happen from situation...
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ICQ: 86364801 Email: will [at] innovativeassets [dot] com |
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#17 | |
Confirmed User
Join Date: Feb 2005
Posts: 1,588
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Quote:
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#18 | |
Too lazy to set a custom title
Join Date: Oct 2002
Location: Far far away - as possible
Posts: 14,956
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Quote:
iBill is a fraudulent company with no oversight or controls in place and one which has diverted the funds of clients for other purposes, lied blatantly to clients, and, even when confronted, promise to provide evidence that their actions are not other than fraud/deception - but failed miserably on that as well. On the money side, banks are not going to trust iBill with client funds - that is a job for a liquidator to handle - the sooner the better! That would make a few happier, including First Data and some EU banks.
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XXX TLD's - Another mosquito to swat. |
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#19 | |
Confirmed User
Join Date: Feb 2005
Posts: 1,588
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Quote:
If anyone is interested in forming a class action suit against them, to share some of the fees, LMK. |
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#20 |
Confirmed User
Join Date: Jul 2004
Posts: 1,435
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I am going to hire a bounty hunter to collect my share!
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- nothing here - |
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#21 |
Confirmed User
Join Date: Feb 2004
Location: USA
Posts: 791
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End result is we're all screwed by ibill.
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#22 | |
Too lazy to set a custom title
Join Date: Oct 2002
Location: Far far away - as possible
Posts: 14,956
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Quote:
There is nada chance of iBill contesting funds which are payable to webmasters - btw - grab screenshots of the total CMI, including past promises and the obvious bs in the "updates". If you want a Florida attorney who is familiar with iBill and currently handling several issues, contact: Hillary Kaps Rumberger Kirk and Caldwell Miami - 305-358-5577 Totally agree that this should not reach the level of lawyers. iBill supposed to be a US payment processor operating under the laws of the US - not acting like some fraudulent corp in a bannana republic. It's only a matter of time - tomorrow sounds good to me! :-) BTW... Don't care which payment processor - they are all in the same boat as far as any security to clients. Third party processors in the US need controls/insurance/oversight on em - there is none. No other country in at least the industrialized world would permit this situation. Instead of pandering to VISA I'd suggest they get off their asses and start pandering to clients who are risking their biz by dealing with these "third party processors" and that they provide some form of third party guarantees/insurance to webmasters.
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XXX TLD's - Another mosquito to swat. |
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#23 |
Confirmed User
Join Date: Mar 2003
Location: Las Vegas, NV
Posts: 4,263
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I already started my lawsuit.
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Make Levees, Not War |
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#24 | |
Too lazy to set a custom title
Join Date: Oct 2002
Location: Far far away - as possible
Posts: 14,956
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Quote:
![]() Same here.. and got other shit going on as well! ![]() Dunno.. but I feel more "offended" by the lies and deception than money or anything else :-) Hell, I'll even offer to pay the costs of keeping Galanis and "Doctor" Luis in a jail cell!! ![]()
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XXX TLD's - Another mosquito to swat. |
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#25 | |
Making $$$$ w/ ClickCash
Industry Role:
Join Date: May 2003
Location: USA
Posts: 18,037
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Quote:
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ICQ: 86364801 Email: will [at] innovativeassets [dot] com |
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#26 | |
Making $$$$ w/ ClickCash
Industry Role:
Join Date: May 2003
Location: USA
Posts: 18,037
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Quote:
Lets come back to this in 3 - 6 months and see if anyone received money from a lawsuit. I give it a 1% chance ![]()
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ICQ: 86364801 Email: will [at] innovativeassets [dot] com |
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#27 |
Confirmed User
Join Date: Jul 2004
Posts: 1,435
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So when are they going to pay out ? my credit cards are maxed out!
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#28 |
been very busy
Join Date: Nov 2002
Location: the queen city
Posts: 26,983
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so fucking robbed
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#29 | |
Making $$$$ w/ ClickCash
Industry Role:
Join Date: May 2003
Location: USA
Posts: 18,037
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Quote:
Hey Webby,that all sounds great in theory, let me ask you this then. Why didn't ANYONE prevail against DMR/WEB800 they were worse then ibill, or Digiblaze, or globill, or the several other 3rd party processors that went under. Ever heard of anyone winning a lawsuit against them and getting paid ? Ever heard of any of them being found guilty of criminal charges, and some of them opperated more criminally then ibill... Just tell me of 1 instance someone went to jail or someone got paid from a lawsuit after the company went under, just 1 time, and i will be a believer.
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ICQ: 86364801 Email: will [at] innovativeassets [dot] com |
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#30 | |
Confirmed User
Join Date: Jul 2004
Posts: 1,435
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Quote:
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- nothing here - |
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#31 |
Confirmed User
Join Date: Oct 2004
Location: USA
Posts: 817
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Yep, Inetcharge got me just as bad back in 1998. Had to give up my home and everything. It was pretty rough for awhile. Also went through a few others between then and now. This time luckily I had already been through it enough so was expecting it. But after 6 months and the net not being what it used to be.... it's catching up pretty quick. Hope something BIG happens on the March 9th update. We all need some closure on this.
*Crosses Fingers* *Krystal* |
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