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-   -   IBILL Admits to Using Illegal Payment Scheme (https://gfy.com/showthread.php?t=557504)

TheLegacy 12-28-2005 11:14 AM

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

CaptainHowdy 12-28-2005 11:19 AM

See sig... FUCK IBILL...

sickbeatz 12-28-2005 11:24 AM

lol so they wanna fuck over even more ppl

JFK 12-28-2005 11:24 AM

you guys should check out this thread, it is tied into the current situation...........
http://www.gofuckyourself.com/showthread.php?t=557471

pornguy 12-28-2005 11:24 AM

Captain. I dont see a sig there for you.

And I am so damn glad we never got hooked up with ibill.

pawsregd 12-28-2005 11:34 AM

Niiiicccce...see siggy

TheLegacy 12-28-2005 11:50 AM

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

xclusive 12-28-2005 11:52 AM

Hope they go to jail and get big dicked gay cellmates

Sosa 12-28-2005 11:58 AM

fuck ibill.

JFK 12-28-2005 12:08 PM

Quote:

Originally Posted by TheLegacy
very interesting article on Guccione Zeroes and Penthouse

yup, I figured as well :winkwink:

Manowar 12-28-2005 12:11 PM

Quote:

Originally Posted by TheLegacy
very interesting article on Guccione Zeroes and Penthouse

bob guccione* :winkwink:

imageman 12-28-2005 12:13 PM

Die Iball's Die
http://www.watchzones.com/images/ibull-d.jpg

TheLegacy 12-28-2005 12:22 PM

Quote:

Originally Posted by Manowar
bob guccione* :winkwink:


copy and paste error lol.. :helpme :1orglaugh

Hell House Vic 12-28-2005 12:58 PM

funny how anyone would continue to use them after what happened last year...

TheLegacy 12-28-2005 05:39 PM

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

Screaming 12-28-2005 05:40 PM

And yet another ibill thread.

imageman 12-29-2005 08:50 AM

Im sure this is just the tip of the iceburg ?

imageman 12-30-2005 12:13 PM

Bump time again


Quote:

Originally Posted by imageman
Im sure this is just the tip of the iceburg ?


media 12-30-2005 12:15 PM

Last minute Sig Spot!!

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

Oh, and I hate iBill....

TheLegacy 12-30-2005 12:21 PM

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

SilentKnight 12-30-2005 12:28 PM

Quote:

Originally Posted by Screaming
And yet another ibill thread.

Yeah, maybe we should all stop posting and the situation will self-correct itself, huh?

SilentKnight 12-30-2005 12:30 PM

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'. :winkwink:

Radik 12-30-2005 12:31 PM

be nice if they came out of the dive.. was a strong company not to long ago.

Fizzgig 12-30-2005 12:32 PM

Quote:

Originally Posted by pornopete
click my sig.

It's clicked.


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