IBILL--The REAL Deal

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  • seeric
    ..........
    • Aug 2004
    • 41917

    #31
    that outta nail the coffin closed on this. thats fucked. i heard some things very similar to this.

    Comment

    • chodadog
      Confirmed User
      • Apr 2002
      • 9736

      #32
      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.
      http://www.gofuckyourself.com/showth...ghlight=segpay

      Originally posted by chodadog
      Originally posted March 2005

      "02/05/2005

      Toccata Ltd, a U.K. financial services company, is launching a new subsidiary Segregated Payments. Segregated Payments (SegPay), a Gibraltar company, will operate as an IPSP initially for European merchants and intends to partner with Toccata, Inteca and other leading ecommerce service providers to expand into other regions before year end."

      Who then partnered with INTECA to handle payments to clients earlier this month (14th Feb 2005). Does anyone actually believe these are seperate companies?

      And does anyone else find it curious that at a time when all the shit has hit the ibill fan, a company that used to have the same address as them has just set up a brand new european IPSP?
      26 + 6 = 1

      Comment

      • SmokeyTheBear
        ►SouthOfHeaven
        • Jun 2004
        • 28609

        #33
        Originally posted by willow
        Do not hate people who still have to work for a living in a small industry.
        people who work for thieves are no better than thieves themselves ( unless they aren't aware ) anyone working for ibill realised they were thieves before their first paycheck
        hatisblack at yahoo.com

        Comment

        • chodadog
          Confirmed User
          • Apr 2002
          • 9736

          #34
          That thread i linked to is very interesting. Although it will only leave you wanting to ask more questions.
          26 + 6 = 1

          Comment

          • willow
            Confirmed User
            • Dec 2001
            • 131

            #35
            Originally posted by SmokeyTheBear
            people who work for thieves are no better than thieves themselves ( unless they aren't aware ) anyone working for ibill realised they were thieves before their first paycheck
            I agree with half of that.

            Maybe someone who actually knows can give the full story, I won't be holding my breath. For me it looks like Chris Williams who got iBill a merchant account years ago in the EU and a few people, one who used to work in the tech department and one manager, are working at SegPay.

            You could look at it as they stole all the money from iBill and setup a new billing company, that doesn't make a whole lot of sense and it would paint a big target on them if true. I doubt any of them were in a position to be able to do that.

            Maybe I'll call them in the morning, maybe they'll post here. Maybe people can do their own homework. Maybe it's all true and they're scamming bastards.

            ?

            Comment

            • jjjay
              Registered User
              • Jun 2005
              • 1813

              #36
              Originally posted by mn
              Any other examples? That's a huge site from the past. Not much traffic nowdays though.
              are you sure?

              Comment

              • ibill-fraud
                Registered User
                • Jan 2005
                • 65

                #37
                A lot of people got fucked by Ibill. I'm really surprised they even bothered to make a payout last summer on the reserves.

                They did start to make reg. payouts again had u kept some of your rebills with them. I don't know anyone who is processing new sales for Ibill, only recurring.

                Comment

                • Pleasurepays
                  BANNED - SUPPORTING TUBES
                  • Aug 2002
                  • 11913

                  #38
                  for those newbs who dont know... Ibill was built on spam and fraud. most of its business came from the spammers they supported. a large bulk of the spam was to questionable sites which converted best.. zoo sites, scat etc. by "supported" i mean flying around the world to meet them, giving out their e-mail databases to that group of people, allowing us to create our own master accounts and sub accounts on the fly, covering up for spammers on messageboards (pre-2000) when people were really in shock and awe that someone would spam an adult site by replying to those people who used to love posting on the boards "Ibill account xxxxxxxx is spamming... here is the text/mail/links"... where they would "terminate" that account and post about it publically by responding with crap like "thanks for the heads up, his account has been terminated" ... while the money was always in the master account and it was only a subaccount that was termininated.. yet we could create unlimited sub accounts through thier system. people got fucked hard by Paul Vixie (i think that was his name) when they blacklisted all IBill IP's because of the spam that was going on, they got fucked with 900 numbers... they have got fucked again and again by people not getting paid. i doubt it was a viable business when it was sold. it was nothing more than a processing clearing house for spammers and scammers. once spam got harder, the company was sold and the buyers were apparently not scammers... just idiots.

                  if you believe in this company and their ability to pull through after all you have seen and know... then you deserve to lose your money.
                  Last edited by Pleasurepays; 03-08-2006, 04:52 PM.

                  Comment

                  • mn
                    Confirmed User
                    • Oct 2001
                    • 1505

                    #39
                    Originally posted by jjjay
                    are you sure?
                    What are you laughing about? No, I'm not sure. But with an alexa rating of 297,000 today there can't be many new signups. Rebills might be good, but not good enough to run a processing company.

                    So my question remains - any medium to big sized sites using ibill today?

                    Comment

                    • chadglni
                      Confirmed User
                      • Dec 2002
                      • 6924

                      #40
                      Originally posted by mn
                      What are you laughing about? No, I'm not sure. But with an alexa rating of 297,000 today there can't be many new signups. Rebills might be good, but not good enough to run a processing company.

                      So my question remains - any medium to big sized sites using ibill today?
                      And your question is answered because that site is STILL a medium to big sized site using Ibill.


                      Sign up here - Dating Site affiliate program

                      Comment

                      • DebsDeep
                        Confirmed User
                        • Feb 2003
                        • 2649

                        #41
                        Guess this means I shouldnt expect a big check this month, I have called them several times, emailed several times and no reply about my 1/2 payment.
                        On march 29th I am suppose to get 1/2 of whats owed to me as per the agreement I signed last year....This kinda sucks, was a nice chunk of change
                        http://www.gothamscreenprinting.com
                        Cheapest T's Online. $5 tshirts printed, no minimums, no fees of anykind!!!!

                        Comment

                        • 363R
                          Confirmed User
                          • Jun 2003
                          • 217

                          #42
                          Originally posted by Pleasurepays
                          for those newbs who dont know... Ibill was built on spam and fraud. most of its business came from the spammers they supported. a large bulk of the spam was to questionable sites which converted best.. zoo sites, scat etc. by "supported" i mean flying around the world to meet them, giving out their e-mail databases to that group of people, allowing us to create our own master accounts and sub accounts on the fly, covering up for spammers on messageboards (pre-2000) when people were really in shock and awe that someone would spam an adult site by replying to those people who used to love posting on the boards "Ibill account xxxxxxxx is spamming... here is the text/mail/links"... where they would "terminate" that account and post about it publically by responding with crap like "thanks for the heads up, his account has been terminated" ... while the money was always in the master account and it was only a subaccount that was termininated.. yet we could create unlimited sub accounts through thier system. people got fucked hard by Paul Vixie (i think that was his name) when they blacklisted all IBill IP's because of the spam that was going on, they got fucked with 900 numbers... they have got fucked again and again by people not getting paid. i doubt it was a viable business when it was sold. it was nothing more than a processing clearing house for spammers and scammers. once spam got harder, the company was sold and the buyers were apparently not scammers... just idiots.

                          if you believe in this company and their ability to pull through after all you have seen and know... then you deserve to lose your money.

                          It's true, and I bet you had 10 duplicate Master accounts set up. When one account got shut down you switched the button coding and put a new Master account number in.

                          Comment

                          • MacDaddyPlaya
                            Confirmed User
                            • Nov 2004
                            • 1785

                            #43
                            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.
                            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.
                            Sigless

                            Comment

                            • wonderman
                              So Fucking Banned
                              • Jan 2006
                              • 282

                              #44
                              Segpay.. segway.. same thing?? They both move real slow and won't fall over?

                              Comment

                              • TheLegacy
                                SEO & GEO Connoisseur
                                • Apr 2003
                                • 18078

                                #45
                                Originally posted by willow
                                I agree with half of that.

                                Maybe someone who actually knows can give the full story, I won't be holding my breath. For me it looks like Chris Williams who got iBill a merchant account years ago in the EU and a few people, one who used to work in the tech department and one manager, are working at SegPay.

                                You could look at it as they stole all the money from iBill and setup a new billing company, that doesn't make a whole lot of sense and it would paint a big target on them if true. I doubt any of them were in a position to be able to do that.

                                Maybe I'll call them in the morning, maybe they'll post here. Maybe people can do their own homework. Maybe it's all true and they're scamming bastards.

                                ?
                                Me Thinks We Have A I-Bill Traitor In Our Midst

                                Dude you are totally offbase and attempting to sabotage the truth in here just wont cut it - we know what is BS and what isn't and it is very obvious that your neck deep in
                                SEO & GEO Connoisseur



                                Microsoft Teams: Robert Warren SEO
                                Telegram: @TheLegacy54
                                RobertWarrenSEO.com

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