hotmovies.com /escorts.com - "Guilty Plea For $6.4 Mil in Cash, Turn Over ?Escorts.com? user data"
 

I really like using hotmovies for my dvd/vod provider, dan esp. is a good guy and they're a good company. just got this on the wire about their office raid a little over a year ago:

Two Philadelphia-based companies were ordered to pay a $1.5 million fine and forfeit $4.9 million Monday after pleading guilty to money laundering last year.


Escorts.com

The two companies ? National A-1 Advertising and R.S. Duffy Inc. ? also agreed to forfeit the domain name Escorts.com, under terms of the sentence imposed in Williamsport, Pa., by U.S. District Judge Christopher C. Conner.

According to prosecutors, Escorts.com facilitated ?interstate prostitution.? Prostitutes and their customers would pay to use the site to set up assignations.

Under the settlement, the U.S. Attorney?s Office will not bring any additional criminal charges against the two companies or other ventures connected to the firms, which include Hotmovies.com and PrimeTel Communications. The agreement does not bar the IRS from bringing any tax-related charges and fines.

The plea agreement does not name a Philadelphia man, Richard Cohen, 54, who is a principal shareholder of National A-1, according to a sentencing memo filed by federal prosecutors.

A Philadelphia Daily News investigation last year reported that companies run by Cohen developed and operated Escorts.com out of an office building on Seventh Street near Chestnut.

?The defendants received subscription fees and payments in the form of money orders, checks, and credit cards from escorts and users of Escorts.com throughout the nation,? according to the plea agreement.

From January 2007 through October 2010, the two companies received $5 million from subscribers to Escort.com. The site made specific mention of sex acts in exchange for cash, according to court documents.

The money-laundering and criminal-forfeiture charges grew out of a state police investigation in central Pennsylvania, where a trooper uncovered a link between online prostitution in the Williamsport area and Escorts.com, the Daily News reported.

Over two days in late October 2010, the state police and the FBI, joined by the IRS and city police, raided corporate offices and carted out more than 80 boxes of evidence.

Escorts.com was shut down in May. At the time, a note on the website read, ?We thank you for all your support and wish you the best.?

Cohen?s HotMovies.com, one of the world?s largest distributors of online porn, reportedly grossed at least $20 million. Cohen, along with several business partners, has amassed more than $10 million worth of real estate in and around Society Hill, the Daily News said.
http://www.dominicanporn.net/dominicanporn.jpg

article i read here

Turning over user data?

Most engaging.

:2 cents:

So whats to become of Hotmovies.com and Clips.com?

Yes, clips.com is part of their MOVIEDOLLARS.COM affiliate/studio program, as is Hotmovies.com

this is old news:2 cents:

"Under the settlement, the U.S. Attorney?s Office will not bring any additional criminal charges against the two companies or other ventures connected to the firms, which include Hotmovies.com and PrimeTel Communications."

So is moviedollars operational and sends payment regularly? I see they still offers epassporte as payment method on their main page.

i got my last payment on paxum account with no problem

they still pay, but man these guys cant catch a break isnt this the second time they have been fined in the millions?

Land of the free ....

Sex can be a service, why cant it be traded as such ?

Whenever I hear about shit like this I always wonder why it is these people think they would actually get away with it. An interstate prostitution ring on a public internet site..Sounds full-proof....

Nice signature. You're crampin my style.

If you don't know the difference between full and fool, you really shouldn't be commenting on legal matters. :2 cents:

I have noticed that a lot - I even checked the other day to see if I wrong.....

Anyway - I don't agree with it of course - They must have known they were on dodgy ground though.

Crap deal as well, all that money and they can still be hit by the IRS and Cohen isn't included...

I'm sure Richard is counting his lucky stars to not be included in the asset seizure. Losing Escorts.com and a few million is a tiny drop in the bucket compared to what he's worth.

I read it that he is not included in the Plea Agreement and that they will still go after him as an individual....