Can someone explain this to me
 

The adult dating sites are obviously scamming surfers , how can they last in the industry so long ? fling , aff - they all have 100% fake profiles . This is even worse scam than the good old dialers and we all know how did dialers ended .
so really what the hell , they get no charge backs ?

they get fucking heaps of chargebacks. but they get fucking heaps and HEAPS of sales too. So in the end it's worth it. What's difficult to understand?

That was the same problem with the dialers , webmasters with 10k sites could make $500 per day off the sites just from the dialers . It's the cosumers who started to complain that killed this business at the end so i really wonder what makes the dating sites different ?

AFF IPO or bust
 

AFF is trying to go public and raise almost half a Billion dollars with their IPO. If they fail, they will be out of luck and out of cash and out of business. So, the screwed up business model is coming back to haunt them.

they rely on new suckers to come along, but eventually like anything else that was more hype than actual value to its customers, what worked before will start to fizzle out

The point is not if their biz is profitable , of course it is . The question is how come the FTC who wiped the dialers from the internet , and visa + mc that wiped gambling businesses out - letting this fraud keep going .

Houston, we have a problem. :)