Webmaster Checks situation?

[jscott]

Anyone know what's really going on with this?

Their funds are frozen from the Department of Justice wtf!

[jscott]

Just got emails from Pimp Boss, Gossip Kings, DDF Cash, Clockwork Cash, Idol Bucks, Sapphic Cash and Ama Kings about this, I'm sure more will be coming in too

[Suckerpunch]

Yes, I got a few emails today regarding it as well. No clue what the issue or offense was but I have a few checks that I hadn't gotten around to depositing that I have to send back to the originating sponsors. Not good...

[jscott]

I guess this is their official statement on GFY
http://gfy.com/showthread.php?t=964711

I'm banned, so I don't know what it's saying there lol

[Suckerpunch]

Here ya go Jay...

We very recently became aware of an issue regarding our bank accounts being frozen by the Department of Justice and our attorney’s are working diligently to resolve this issue immediately and correct the error in how the DOJ handled this issue. Unfortunately, the Agent in charge of the case, took this action and then went on Vacation. We believe this is not related to our business practices and, therefore, should not have impacted our valued clients.

We apologize for not informing you of this problem sooner, but we assumed that we would resolve this overnight as we would not have expected to have to wait for someone to return from Vacation. We are certain our business has all necessary licenses and registrations, has followed all rules and regulations to the best of our ability, and we know we will have a favorable resolution to this as soon as we have opportunity to speak with the case agent.

We, and our attorneys, are working as rapidly as possible to resolve this issue. We will work hand and hand with each of you and your affiliates to ensure that we resolve this matter in a timely manner, with as little impact as possible. If you are a client and we have not communicated yet, please use the below link to access our contact information and call or email us, be assured that we will keep our clients updated as we progress through this process.

https://webmasterchecks.com/contact.html

[jscott]

Thanks Chris, yea this is such an unfortunate situation uggh, late payouts for all

[js69]

The word is that they are related to Brazzers. (owned by?) and as you know, the DOJ has frozen millions of dollars of their capital. I am not a huge believer in coincidences involving such huge amounts.

[Suckerpunch]

I'm pretty sure Webmasterchecks is not owned by Brazzers. Brazzers is a Canadian company and webmasterchecks is in Arizona. DOJ probably froze their accounts after tracing large payments from Brazzers, which is under investigation for money laundering.

I am not sure this is going to be a simple fix. Most people are saying its a quick fix once the agent gets back but webmasterchecks may have been a blind participant if Brazzers was actually involved in something criminal, which I doubt.

[Suckerpunch]

Brazzers is not having a very good week...

Brazzers Loses Motion to Dismiss $6.75 Million Infringement Suit

Brazzers Parent Loses Round Over $5.3M in Seized Funds

[jscott]

Ouch!!! In Thai we say "som nam na" like, they had it coming to em, karma

[js69]

Originally Posted by Suckerpunch

I'm pretty sure Webmasterchecks is not owned by Brazzers. Brazzers is a Canadian company and webmasterchecks is in Arizona. DOJ probably froze their accounts after tracing large payments from Brazzers, which is under investigation for money laundering.

I am not sure this is going to be a simple fix. Most people are saying its a quick fix once the agent gets back but webmasterchecks may have been a blind participant if Brazzers was actually involved in something criminal, which I doubt.

You are probably right about ownership. But they did know they were doing business with a very dodgy company. I mean everyone knew that. But a lot of people are going to feel the fallout from this. But I get a feeling this is the tip of the iceberg. The ball is rolling and this is DOJ, which due to the fact this is a money laundering investitgation, will have a lot of overseas law enforcement co operation unlike the IRS. I would not want to be a participant in this debacle at any level. You can bet the feds are sniffing around and looking for financial tracks and a lot of collateral damage is yet to come. WMC is only the first I think.

[jscott]

Still waiting on payouts, some are week late now
FUCK

[jscott]

I just got an email from Sapphic Cash saying that webmaster checks accounts are now unfrozen

I'm still not getting any epass payouts

Anyone know wtf is going on yet?

[Suckerpunch]

Apparently a portion of their accounts have been unfrozen but there is still an issue with Bank Of America. Hopefully it will all be worked out soon.

[jscott]

I'm really shocked into disbelief how long this is really carrying on for, I mean, now it's on the 2nd payouts that we are not getting from these sponsors

I swear, if by the 3rd payment I don't get all payouts caught up from these sponsors I will pull 100% of my traffic to them and only promo ccbill/epoch/verotel sites

This is just ridiculous