GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Inteca - Ibill Eu

Webby · 03-06-2005, 05:10 PM

Hi Claude!:-) Yes, understand the bullshit of iBill updates and their "reasons" - they fail miserably.

The facts are:

1) Inteca is not any recognized "organization". Ask any banker and anyone who has made the effort on research.

2) Despite being asked, they, (Inteca), avoid providing any credentials, even basic information regarding their officers/jurisdiction/address/contact info.

3) If, for one moment, there is any truth an in iBill update and Chris Williams is in fact independent of iBill and is legally in a position to enable him to act as an "entrusted escrow agent" - he has not said, nor has he or Inteca provided any credentials.

4) For some "non-profit assocation" with obvious ties to a iBill and no more than a $10 domain name as their sole known asset, to claim to be acting on behalf of webmasters involving serveral million dollars, - it is utter lunacy and in keeping the the previous iBill track record.

Basically there are serveral concerns:

Under no circumstances is this going to be another delaying ploy by iBill.

The full credentials of Inteca need to be known at the outset.

Depending on these credentials, this may have an effect on the status of any "non profit association" to perform this service. There are laws governing "non profit assocations" participating in financial services of this kind.

Last, why the hell should any webmaster even consider trusting iBill with any decision on escrow agents without knowing who they are??. Such a person/organization will have access to bank funds to dispense as they see fit. This is no different to throwing more funds at iBill.

It is not because banks want to be awkward that they are not dealing with iBill - it is because they DON'T TRUST iBILL or their "shareholders" :-) They have plenty good reasons.

This shit is gonna hit the fan shortly - iBill, Inteca or whatever they want to call themselves, - have a lot of unanswered questions remaining.

PS... There are plenty very reputable banks or bankers and people with impeccable reputations who will provide such escrow service "genuinely" independent of iBill (tho perhaps that's iBill's problem) - this crap stinks.

03-06-2005, 05:10 PM
Webby Too lazy to set a custom title Join Date: Oct 2002 Location: Far far away - as possible Posts: 14,956	Hi Claude!:-) Yes, understand the bullshit of iBill updates and their "reasons" - they fail miserably. The facts are: 1) Inteca is not any recognized "organization". Ask any banker and anyone who has made the effort on research. 2) Despite being asked, they, (Inteca), avoid providing any credentials, even basic information regarding their officers/jurisdiction/address/contact info. 3) If, for one moment, there is any truth an in iBill update and Chris Williams is in fact independent of iBill and is legally in a position to enable him to act as an "entrusted escrow agent" - he has not said, nor has he or Inteca provided any credentials. 4) For some "non-profit assocation" with obvious ties to a iBill and no more than a $10 domain name as their sole known asset, to claim to be acting on behalf of webmasters involving serveral million dollars, - it is utter lunacy and in keeping the the previous iBill track record. Basically there are serveral concerns: Under no circumstances is this going to be another delaying ploy by iBill. The full credentials of Inteca need to be known at the outset. Depending on these credentials, this may have an effect on the status of any "non profit association" to perform this service. There are laws governing "non profit assocations" participating in financial services of this kind. Last, why the hell should any webmaster even consider trusting iBill with any decision on escrow agents without knowing who they are??. Such a person/organization will have access to bank funds to dispense as they see fit. This is no different to throwing more funds at iBill. It is not because banks want to be awkward that they are not dealing with iBill - it is because they DON'T TRUST iBILL or their "shareholders" :-) They have plenty good reasons. This shit is gonna hit the fan shortly - iBill, Inteca or whatever they want to call themselves, - have a lot of unanswered questions remaining. PS... There are plenty very reputable banks or bankers and people with impeccable reputations who will provide such escrow service "genuinely" independent of iBill (tho perhaps that's iBill's problem) - this crap stinks. __________________ XXX TLD's - Another mosquito to swat.