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He got very rich with bestiality sites (indeed with stolen content). Then he ran several webmaster programs build on spam and cybersquating (search WTFRC FTC in Google) and eventually ran away without paying affiliates. He blamed his partners, and his partners blamed him.
Nevertheless, Every time I met him personally he was very nice. Always took us to strip clubs and great dinners, and I must admit that I have made good money with his programs before all the shit hit. He even let us stay in his condo at the Versace Hotel.
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