Ibill Reps Posting On Adult Message Boards Now.
 

yes its true, under names of Taniwha for GFY board:
http://www.gofuckyourself.com/showthread.php?t=411375

and wonderdog for Xbiz board
http://boards.xbiz.com/showthread.php3?threadid=24478

Ibill is engaging in effort to deceive webmasters in order to steal their money from their accounts. They are taking the 15.9% fees + ripping off revshare clients and holding back all Oct/Sept payments and yet they still claim that they are having a hard time coming up with $'s to make another payment. Now this new effort of making false promise that money will be coming shortly by Jan. 31st.

I got the audio tape of the conference call that i'm sure a jury would love to hear. No corporate structure, personal banking structure will save them in this case of fraud. They are liable for the mess they created and for all the money they are stealing from webmasters.

just getting my spot

Whats you email Ibill Fraud in the case I may need that audio tape for legal purposes as well

heidy hooo

sig spot

i doubt ill ever see my rebills.

nice.....

DOnt click this sig.

Is it still raining in Vegas?

Ooops :(

I know of a couple larger companies that will remain nameless that got ibill to give up all thier rebillers and tranfer them to anothere processor recently when they threatened with their lawyers etc...seems to be the way

Hmm well.

It may be another stalling tactic, could also interpret it as positive, that they´ve started to send reps in the field to try and do some damage control...

Give me your email and i'll make a note of it for list of people that want the tape. Only other person on list is Florida district attorney which i'm waiting for them to act in this Ibill/Penthouse fraud matter.

Be careful and just give some free email like yahoo and such, i wouldn't want to get in trouble with Ibill.

Another option suggested earlier on another forum is an egroup be started for Ibill webmasters in order to come with up collective legal strategy to get our money that is owed.

I am not affected byt his but it was a fucked up move by Ibill. imo

Breaking adult news in my sig. I swear to god it will make you $50 EASY!!!

I have canceled most of my rebills by now so wouldn't be worth much to me to transfer the rest of them. Though i would gladly accept the transfer and not release the tape of their conference call to the media which would certainly give them a lot of legal liability.

I can accept a business going bad and having to close its doors. What i can't accept is sitting back and letting this fraud happen where they continue to process signups/rebills and don't pay our anything to their clients. If things go bad for 3rd party billing company, they should work to transfer the rebills and pay out everything they possible can. In this case, it seems the whole purpose of buying Ibill was to steal money from the clients of Ibill. I mean a company that does $330 million/yr to almost nothing a year later is crazy.

The guys that founded Ibill already cashed out some time ago when they sold to intercept and intercept sold to Ipay/Penthouse. It's not the original people of Ibill that created this mess, its all Penthouse's doing.

all teh big palyers had their databases imported months ago.
DUke

I have to agree with that :thumbsup

spot too

don't you realize that they have to cover their own bills before they can pay us?
not getting moneys released to them puts a substantial dent in things.
grow the fuck up. what's with the new names?
why hide?

i know few programms what do well with ibill
and they receive their money without problem.
but they active programms and pay to webmasters in any case from own pockets. even doesnt have any matter - get they money ontime or not.

i think it going well for them because they have steel balls and dont run away, like rats from drowing ship. from other side - yes - it their own money what they pay to affiliates - so webmaster statisfacted anyway. most even never interesting what billing programm using - because affiliates get their cash anyway without delays, always on time - like described in their programms faq/terms

In order for Ibill to be a viable company, they have to pay their webmasters or else the webmasters will shortly seek out and find another processing solution.

By taking the posture of not paying first in Oct, then again in Dec., they positioned the company to having to shut down in the near future.

Ibill now has no business except for the few remaining rebills it has left. The only bills to pay are any loans outstanding which if they are any they will surely default on them anyway.

I'm surprised Ibill is still trying to use the excuse of First Data not paying them for a week as an excuse to hold webmaster payments for months. Look those funds + all the processing for all of Oct are already withheld which more than covers the First Data withheld money. So what is their excuse for holding back Nov., Dec. payments? None, they are stealing it plain and simple.

Ibill was notified way back June that First Data was going to stop processing with Ibill in Sept so it was no surprise to them. The Penthouse guys put us in this mess.

i'm sorry you're wrong.
they have more than loans to pay. you must pay your employees, the rent, the electricity, the server bills....a whole bunch of stuff that probably isn't too cheap.
also....the penthouse guys put us in this mess?
US?
who are you?
also...fraud is a very strong word to use with nothing to back it up with.
once again...who are you???? and who do you work for???

Is this sarcasm? or " tongue and cheeks" ....

Maybe it is going well FOR THEM, but not for the webmasters.

I was willing to play ball and wait for my money of before october ... But now, they take the rebill money and still don't pay us.

By January 15th, I will cancell all rebills.

I also was talking to IRS for my US income tax, and plainly told them I had no money to pay my taxes. The guy asked why suddenly I was in that situation ( I could really pay them, and probably will), so I told him the Ibill story.
He said that I could transfer the debt to them and they would collect and credit my account ... Not such a bad Idea ....

http://www.ibillsucks.info

:1orglaugh TO funny.

yes - sure - i understand your situalion. it even not sarcasm - i been wondered by myself when i see ibill at join form.

btw - in most countries if you have open court case - you just need give docs about opening lawsuit case to tax department if you can prove what you cannot pay your taxes due to non-payout from company.

sometimes it really help in hard situation - sure - directly depends from lawsuit.

I'm one of the webmasters who is owed money that's who I am.

Sorry, nobody is buying Ibill's bs. They are not paying not because they don't have the money to, its because its part of their strategy of bleeding out every last cent they can before they decide its time to shutdown the operation or until Visa/Mastercard get a call from the Florida district attorney and tell them to stop processing with Ibill or else.

Anyone that is a webmaster has seen their CMI (merchant admin area) about all the promise of updates to payouts only to see the dates pushed forward and now they removed all dates. Now the latest part of the fraud is Penthouse reps posting on message board thinking that people are too stupid to understand how the stock market works and that IBD stock somehow has value to it. $10 million dollars of IBD stock probably worth less than Pets.com stock.

Post your name and address and I will have my lawyer contact you and then we will see who the fraudster is here.

Oh what's that? You're not going to? Afraid that Ibill is not going to pay you the money when they do get themselves out of this mess? I tell you - if guys like you DO get paid out before I do, there WILL be hell to pay.

be careful, if your claim doesn't hold with IRS, they charge you around 8% interest on money. It could take a year after Ibill shuts down for this mess to clear up and money to be distributed. Though print out all your CMI data so you have a record of the money and file as a creditor in Florida.

Keep in mind, you can file by April 15th, and then pay later when you save up enough money though pay that debt off as quickly as possible because it never goes away even after bankruptcy.

well if you read the press release it says that:
The consideration for the payment is twenty million IBD shares and a $1.0 million promissory note.
Their stock is at 0.51, so that would be about $10 million
So I don't understand what your point is with this.

LOL .... I have plenty to pay the IRS ... but if I can get IRS to go after them, why not. 8% interest is cheaper than a lawyer .... But a claim by the IRS will pass before other " unsecured" creditors ...

And how does a webmaster owed money by Ibill just happen to be able to tape a conference call of the "highest order"? :1orglaugh

This is funny. While I-bill has truly screwed people over big time, your credibility with me as to having a "secret tape" is pretty small.

But hey..at least you tried something.

Ahh the Penthouse/Ibill guy speaks again.

Ya i'm sure you would love just to shutup every angry Ibill webmaster. Why we angry, oh just little matter of you guys owing us millions of dollars, no biggie to you huh.

Other than by court order, I don't expect Ibill to pay any webmaster anything. I just love how now that blame for Ibill is shifting towards the webmasters now. If only we just keep our mouth shut and continue to blindly support Ibill, things will work themselves out.

I'm the guy that lights up a firecracker after a nuclear blast, ya i'm the problem.

If you're so angry and forthright, why not let everyone know who you are? Why start a new name just to bitch about ibill?

Penthouse----->Squeezing out competition

:2 cents:

Ibill could sort of end most of the drama by paying the webmasters.

Most of us prolly wouldnt go back, but they could start building slowly again based on newbie webmasters.

As long as they fail to pay, closure must be just round the corner - and every single question posed about them will be filled with haters, who just could´ve used the money they took from our custumers and never paid us.

IBD's share price will be under 10c soon and likely going down to 1c. So the 10 million could be more like $100,000 before all is said and done. That's if they are still trading which likely will not be in near future.

very interesting....

That's easy, i knew this conference call would be pretty important and I wanted to be able to go back and review if I missed something or needed clarification on something. So all i did was use tape recorder and place the mic near my headset. Sound came through nicely :)

Not really a secret conference call, most webmasters heard it. Don't know if any other webmasters had idea to tape it in case they needed it for legal action later on.