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Old 12-28-2005, 11:14 AM   #1
TheLegacy
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IBILL Admits to Using Illegal Payment Scheme

Quote:
Originally Posted by webmeister
Andrew is doing his best to get us Webmasters paid what is owed. What we need to do in return is to send new business to Ibill so that they can generate enough revenue to pay us. Rob Peter to pay Paul? Perhaps. Just as long as us "Peters" get paid, who cares? One hand washes the other.

Every time you put down Ibill, you are only hurting yourselves.

See you in Las Vegas everyone!
Posted in this thread

http://www.gofuckyourself.com/showth...32#post8945832



The technical term is called The Ponzi scheme

The Ponzi scheme works on the "rob-Peter-to-pay-Paul" principle, as money from new investors is used to pay off earlier investors, and to maintain the lifestyle of the perpetrator, until the whole scheme collapses. Profits are never created because there is no underlying investment.

It is named after Carl Ponzi, the man who, in the 1920s, swindled thousands of New England investors using the method.

http://www.sec.gov/answers/ponzi.htm
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Old 12-28-2005, 11:19 AM   #2
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See sig... FUCK IBILL...
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Old 12-28-2005, 11:24 AM   #3
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lol so they wanna fuck over even more ppl
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Old 12-28-2005, 11:24 AM   #4
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you guys should check out this thread, it is tied into the current situation...........
http://www.gofuckyourself.com/showthread.php?t=557471
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Old 12-28-2005, 11:24 AM   #5
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Captain. I dont see a sig there for you.

And I am so damn glad we never got hooked up with ibill.
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Old 12-28-2005, 11:34 AM   #6
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Niiiicccce...see siggy
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Old 12-28-2005, 11:50 AM   #7
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Quote:
Originally Posted by JFK
you guys should check out this thread, it is tied into the current situation...........
http://www.gofuckyourself.com/showthread.php?t=557471

very interesting article on Guccione Zeroes and Penthouse
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Old 12-28-2005, 11:52 AM   #8
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Hope they go to jail and get big dicked gay cellmates
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Old 12-28-2005, 11:58 AM   #9
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fuck ibill.
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Old 12-28-2005, 12:08 PM   #10
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Quote:
Originally Posted by TheLegacy
very interesting article on Guccione Zeroes and Penthouse
yup, I figured as well
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Old 12-28-2005, 12:11 PM   #11
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Quote:
Originally Posted by TheLegacy
very interesting article on Guccione Zeroes and Penthouse
bob guccione*
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Old 12-28-2005, 12:13 PM   #12
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Die Iball's Die
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Old 12-28-2005, 12:22 PM   #13
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Quote:
Originally Posted by Manowar
bob guccione*

copy and paste error lol..
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Old 12-28-2005, 12:58 PM   #14
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funny how anyone would continue to use them after what happened last year...
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Old 12-28-2005, 05:39 PM   #15
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Quote:
Originally Posted by Kick Ass Vic
funny how anyone would continue to use them after what happened last year...
they prey on the newbies who dont read boards not too mention some webmasters are too stubborn to admit they are wrong
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Old 12-28-2005, 05:40 PM   #16
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And yet another ibill thread.
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Old 12-29-2005, 08:50 AM   #17
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Im sure this is just the tip of the iceburg ?
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Old 12-30-2005, 12:13 PM   #18
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Bump time again


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Im sure this is just the tip of the iceburg ?
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Old 12-30-2005, 12:15 PM   #19
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Last minute Sig Spot!!

Porn Kings is paying $40 pps until Jan 15th.

Oh, and I hate iBill....
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Old 12-30-2005, 12:21 PM   #20
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I would image why this hasnt made it to higher levels of court is that the adult industry is not looked upon as a viable business community - according to the government and the like.. we are on the same level as pimps and drug dealers
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Old 12-30-2005, 12:28 PM   #21
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Quote:
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And yet another ibill thread.
Yeah, maybe we should all stop posting and the situation will self-correct itself, huh?
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Old 12-30-2005, 12:30 PM   #22
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Quote:
Originally Posted by TheLegacy
I would image why this hasnt made it to higher levels of court is that the adult industry is not looked upon as a viable business community - according to the government and the like.. we are on the same level as pimps and drug dealers
I was wondering the exact same thing - why hasn't this been featured on a Sixty Minutes or similiar news show? I'm sure there's enough fraud, deception, intrigue and shadowy characters that it would make for great primetime fodder for the masses.

But then again, we're all just 'pimps 'n drug dealers'.
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Old 12-30-2005, 12:31 PM   #23
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be nice if they came out of the dive.. was a strong company not to long ago.
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Old 12-30-2005, 12:32 PM   #24
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click my sig.
It's clicked.
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