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F-U-Jimmy · 12-14-2008, 10:10 AM

http://www.newyorkdailytimes.com/home.htm?m=ibill

by Lawrence Kiminski
The New York Daily Times

Portland, Oregon, January 19, 2005
Remember Enron? Fade to black. Now think iBill, that is, Internet Billing Company, the world's largest online credit card processor, and apparently one of the largest purveyors of false promises mixed with alleged criminal theft on a massive scale.

iBill processes online credit card orders for thousands of websites around the world. These are generally small businesses that cannot generally afford to obtain their own merchant account, or businesses operating in a high risk online market, who have hired iBill to process their orders. In return iBill takes up to nearly 20 percent off the top for themselves, plus another 10 percent for reserves, for a whopping 30 percent that iBill removes from the customer. And for what? The process takes only a minute and a third of the gross sale is gone, eaten up by iBill. Okay, that leaves around 70 percent for the small business to operate. Right?

Wrong. How about ZERO percent? iBill is now taking all of the money, including that 70 percent, for a total of 100% and giving the starving client, the business which earned all of the money from their own customers, zilch, nothing. Oh, iBill promises to pay but those promises have been empty for months. iBill breaks those same promises weekly, daily, without shame and without any believable explanation. iBill's clients have no choice but to sit and wait to be evicted from their shots, or from their home in the case of the mom and pop home business, or find another processor. Unfortunately, that change can take up to four months and the prospects are dim. iBill knows this and is cashing in at the expense of the unsophisticated website business. From what we have learned, iBill has an incredible distaste for any small businesses. They take their hard earned bucks and leave them out in the cold. Yes, I know this sounds inflated, but it is not. As far as trust goes, iBill is the epitome of evil in the online processing market.

iBill was told early in 2004 by First Data (the company which controls iBill's account) that iBill's merchant with First Data would soon be terminated and that they, iBill, should make plans to find another relationship with another bank. iBill ignored the warning from First Data until it was too late. iBill lied to their customers about what had happened and ended up with little or no money to pay their website businesses (webmasters), mostly small businesses where their online sales account for 100 percent of their income which is no zero. iBill is forcing an incredible number of businesses into financial ruin and bankruptcy.

iBill is not paying clients, and they are now under investigation by the US Justice Department. iBill has always refused to take responsibility. However, there is overwhelming evidence to the contrary. An Appellate Court has, in essence, indicated the problem was iBill's alone. There is really no doubt that iBill is the guilty party here, responsible for thousands of their clients going unpaid, lying to them, secretly planning to coax these same clients to hand over more of their money but with no plan but promises to replay them. There's a word for this. THEFT. Felony theft. If iBill is not stopped, they will undoubtedly continue to lie and steal from their customers, from their clients, and from their stock investors. But the equally important problem is that iBill refused to communicate with their client in any meaningful manner. That problem also continues.

Initially respected, iBill has become one of the most reviled, despised, mistrusted, and suspicious companies on the Internet, with business practices reminiscent of Nazi Germany.

When we first got wind of this story, we were rather hesitant; it seemed just another company with big financial problems. Once our investigation went deeper we found a company totally incapable of being honest, decent, or with any intent to communicate with their clients except on a distant, dismissive level. iBill hides their problems in a deceptive online pretense of communication. They offer only childish statements to their client website businesses. Current and previous examples demonstrate that iBill has absolutely no intention of keeping promises to their clients, the little mom and pop businesses who so desperately need to be paid for the money they have earned.

In today's world of the fast buck, smiles and promises come easily. A forced, painted smile works for a while, even with the largest business. But ultimately that kind of obsolete strategy fails because the customer looks elsewhere. At iBill there was hope. There was promise. But the seed began to rot within. The company forgot what was important. They got greedy. They became lazy, full of themselves. And they began to pretend they were treating the customer decently because they had all those corporate slogans to paste on their website. But ultimately successful slogans need heart, and honesty. Or they should. We'd like to say that iBill's way of dealing with customers, their lack of sincerity or empathy, is rarely successful. But we'd be wrong. Look around. The United States is filled with greed, populated by companies who fail because of greed. They ignore their clients by way of a veil of secrecy, dismissal, and indifference. At iBill, it seems the idea is to hide from the people for whom they have not paid millions of dollars. Is it possible that iBill may not even realize the truth? Are they incapable of seeing it as though they are flatlanders in a corporate cartoon world? Corporations like iBill become isolated in their own sense of what they paint as truth, yes. But there is no doubt in my mind that iBill knows what they are doing and doing so illegally, heartlessly, and without any concern for their clients and customers.

So, is this just big business as usual, the American Way? Is the only important factor the survival of the corporate entity? What about the human factor? Where are we headed as a nation? Where are our values? Apparently, iBill's strategy is to ignore their clients and cut the strings by which the client can contact them, take the money and run. Perhaps iBill believes the client will just fade away in ruin, desperate little people who don't matter.

Well, the client is just the fiber of this country, that's all! It is time for a publication to take a chance, go all the way, and expose the nasty culprits for what they are. So, let's state this for the record:

IBill was recently acquired by Penthouse International who later dropped them reportedly because of quality disagreements of iBill’s former CIO, David Hackney, and even former CEO John Perry who still remains reluctant to discuss the major problems at iBill, apparently from fear of being handed a subpoena to testify in either a civil or criminal case. The list of possible iBill turncoats includes Todd Moran and Mark Smith, the later former head of sales for iBill. There are so many former officers one wonders how many hours it takes for the new arrivals to come up to speed. iBill senior vice president for marketing Cathy Beardsley may have been bumped up to President of the Company. More later on this. But others who have either left iBill, are in hiding, or who have been misplaced include:

Andrea Ebanks
Bert Metcalf
Crystal Corbie
Dave Kulkowski
Dave Welborn
Enrique Cosme
Garrett Bender
Henry Borja
Joe Delekto
Kevin Oppenheimer
Luis Ziegenhirt
Petrus van Staden
Scott Barry
Todd Moran

There is a lot more on the website http://www.newyorkdailytimes.com/home.htm?m=ibill

12-14-2008, 10:10 AM
F-U-Jimmy Confirmed User Industry Role: Join Date: Apr 2006 Location: Visiting a city near you soon ! Posts: 6,853	For those that dont remember read this or go to the website http://www.newyorkdailytimes.com/home.htm?m=ibill by Lawrence Kiminski The New York Daily Times Portland, Oregon, January 19, 2005 Remember Enron? Fade to black. Now think iBill, that is, Internet Billing Company, the world's largest online credit card processor, and apparently one of the largest purveyors of false promises mixed with alleged criminal theft on a massive scale. iBill processes online credit card orders for thousands of websites around the world. These are generally small businesses that cannot generally afford to obtain their own merchant account, or businesses operating in a high risk online market, who have hired iBill to process their orders. In return iBill takes up to nearly 20 percent off the top for themselves, plus another 10 percent for reserves, for a whopping 30 percent that iBill removes from the customer. And for what? The process takes only a minute and a third of the gross sale is gone, eaten up by iBill. Okay, that leaves around 70 percent for the small business to operate. Right? Wrong. How about ZERO percent? iBill is now taking all of the money, including that 70 percent, for a total of 100% and giving the starving client, the business which earned all of the money from their own customers, zilch, nothing. Oh, iBill promises to pay but those promises have been empty for months. iBill breaks those same promises weekly, daily, without shame and without any believable explanation. iBill's clients have no choice but to sit and wait to be evicted from their shots, or from their home in the case of the mom and pop home business, or find another processor. Unfortunately, that change can take up to four months and the prospects are dim. iBill knows this and is cashing in at the expense of the unsophisticated website business. From what we have learned, iBill has an incredible distaste for any small businesses. They take their hard earned bucks and leave them out in the cold. Yes, I know this sounds inflated, but it is not. As far as trust goes, iBill is the epitome of evil in the online processing market. iBill was told early in 2004 by First Data (the company which controls iBill's account) that iBill's merchant with First Data would soon be terminated and that they, iBill, should make plans to find another relationship with another bank. iBill ignored the warning from First Data until it was too late. iBill lied to their customers about what had happened and ended up with little or no money to pay their website businesses (webmasters), mostly small businesses where their online sales account for 100 percent of their income which is no zero. iBill is forcing an incredible number of businesses into financial ruin and bankruptcy. iBill is not paying clients, and they are now under investigation by the US Justice Department. iBill has always refused to take responsibility. However, there is overwhelming evidence to the contrary. An Appellate Court has, in essence, indicated the problem was iBill's alone. There is really no doubt that iBill is the guilty party here, responsible for thousands of their clients going unpaid, lying to them, secretly planning to coax these same clients to hand over more of their money but with no plan but promises to replay them. There's a word for this. THEFT. Felony theft. If iBill is not stopped, they will undoubtedly continue to lie and steal from their customers, from their clients, and from their stock investors. But the equally important problem is that iBill refused to communicate with their client in any meaningful manner. That problem also continues. Initially respected, iBill has become one of the most reviled, despised, mistrusted, and suspicious companies on the Internet, with business practices reminiscent of Nazi Germany. When we first got wind of this story, we were rather hesitant; it seemed just another company with big financial problems. Once our investigation went deeper we found a company totally incapable of being honest, decent, or with any intent to communicate with their clients except on a distant, dismissive level. iBill hides their problems in a deceptive online pretense of communication. They offer only childish statements to their client website businesses. Current and previous examples demonstrate that iBill has absolutely no intention of keeping promises to their clients, the little mom and pop businesses who so desperately need to be paid for the money they have earned. In today's world of the fast buck, smiles and promises come easily. A forced, painted smile works for a while, even with the largest business. But ultimately that kind of obsolete strategy fails because the customer looks elsewhere. At iBill there was hope. There was promise. But the seed began to rot within. The company forgot what was important. They got greedy. They became lazy, full of themselves. And they began to pretend they were treating the customer decently because they had all those corporate slogans to paste on their website. But ultimately successful slogans need heart, and honesty. Or they should. We'd like to say that iBill's way of dealing with customers, their lack of sincerity or empathy, is rarely successful. But we'd be wrong. Look around. The United States is filled with greed, populated by companies who fail because of greed. They ignore their clients by way of a veil of secrecy, dismissal, and indifference. At iBill, it seems the idea is to hide from the people for whom they have not paid millions of dollars. Is it possible that iBill may not even realize the truth? Are they incapable of seeing it as though they are flatlanders in a corporate cartoon world? Corporations like iBill become isolated in their own sense of what they paint as truth, yes. But there is no doubt in my mind that iBill knows what they are doing and doing so illegally, heartlessly, and without any concern for their clients and customers. So, is this just big business as usual, the American Way? Is the only important factor the survival of the corporate entity? What about the human factor? Where are we headed as a nation? Where are our values? Apparently, iBill's strategy is to ignore their clients and cut the strings by which the client can contact them, take the money and run. Perhaps iBill believes the client will just fade away in ruin, desperate little people who don't matter. Well, the client is just the fiber of this country, that's all! It is time for a publication to take a chance, go all the way, and expose the nasty culprits for what they are. So, let's state this for the record: IBill was recently acquired by Penthouse International who later dropped them reportedly because of quality disagreements of iBill’s former CIO, David Hackney, and even former CEO John Perry who still remains reluctant to discuss the major problems at iBill, apparently from fear of being handed a subpoena to testify in either a civil or criminal case. The list of possible iBill turncoats includes Todd Moran and Mark Smith, the later former head of sales for iBill. There are so many former officers one wonders how many hours it takes for the new arrivals to come up to speed. iBill senior vice president for marketing Cathy Beardsley may have been bumped up to President of the Company. More later on this. But others who have either left iBill, are in hiding, or who have been misplaced include: Andrea Ebanks Bert Metcalf Crystal Corbie Dave Kulkowski Dave Welborn Enrique Cosme Garrett Bender Henry Borja Joe Delekto Kevin Oppenheimer Luis Ziegenhirt Petrus van Staden Scott Barry Todd Moran There is a lot more on the website http://www.newyorkdailytimes.com/home.htm?m=ibill __________________ icq. 176240424 44.years as a pornographer !!!!!!!!!!!