Originally Posted by TripleXPrint

I think this is a great idea and thread! Bold Venture, can I get your permission to add that verbiage to my TOS agreement?

I sold a guy one of my "components" (that's for an entirely different thread) for $15,000. He got one of his office lackeys to sign for the package. I received a phone call from him upon receipt on how delighted he was and how he wanted more information on reselling my patented component. I sent him information and another solid deal until....

The fucker charged back the full amount on his Amex!!!

He stated that it was an unauthorized purchase and he did not sign for the package, therefore there was nothing I could do. I spent days, weeks on the phone with my credit card processor (Merchant Account) and Amex, but still ultimately lost.

I was out the $8,000 in materials, about a $1,000 in labor, $500 in freight and only God knows how much in wasted time trying to fight this fucker. What it boils down to is credit card companies make it too easy for people to reverse charges on their cards and ultimately give the power to the people; not the companies they're ripping off. I like how Bold Venture is fighting back and flipping the script. It's theft any way you slice it and those assholes need to pay!

Nothing more I hate in this world than thieves...especially ones that do it with the banks and laws covering their asses.