Scampay

This is what I got back from SP after doing some claim’s to the companies we got our money to try save some of the member’s money.
As you can read between the lines, they do NOT have the money to pay out, so get out if you got some money there A.S.A.P plz!!!!

And that NETIBA isn’t worth shit!!!!!
Only a SP company ho try getting members to use more money on them so the balance they get is getting smaller.

Our account is now open again but its NO money there.

So they have stolen the rest ho was in there, I did a few payouts to ppl, Ho clamed on us before I got kicked out and the account locked.
Nice policy they got “not”


Kørris


Denied by StormPay
06 Feb 2006 13:01 We have reviewed carefully your claim and the information you have provided in support of your claim. After completing our investigation we have determined that the merchant you paid should be sanctioned and suspended from transacting any further business through StormPay. The actions and conduct of this merchant have caused harm to many other StormPay customers. It is our intent to attempt to recover funds from this merchant and proceed to initiate refunds to customers in the order that the claims were filed. For that reason, should you choose to attempt to recover your funds through any other means that conduct will result in the forfeiture of any refund you would otherwise be willing to receive through our recovery efforts.



As with programs of this type, as the buyer you must carefully consider the statements and representations of the merchant before investing. You must determine what is a promise or guarantee as opposed to what is an anticipated result given a certain set of variable facts and circumstances. You must determine how reasonable and likely those anticipated results are before you determine to spend your money. And with all investments, some work out and some don't. With that being said we will still attempt to make an effort to recover your money for you. We will close out this claim and make contact with you when/if we make a recovery. We will keep you apprised of our recovery efforts

Rumors Put to Rest.
05-Feb-2006 08:38
Recently StormPay.com closed the accounts of what appear to be some major ponzi schemes. These account closures came as the early results of investigations into those businesses by outside investigational organizations as well as our own internal investigations.

As a result, possible victims of these businesses are attempting to retaliate against StormPay.com by spreading false rumors and performing DDOS attacks against StormPay's servers. The rumors include such things as "StormPay.com has gone out of business", "Their building has been burned down", and other falsehoods. The DDOS attacks are "Denial of Service" attacks where massive amounts of traffic is sent to the website whereby disallowing legitimate web traffic to reach the website. These attacks only prevent legitimate traffic from reaching the website and pose absolutely no threat to the security of your StormPay account.

StormPay will CONTINUE to cooperate with authoritative investigations into these businesses which very heavily appear to be nothing more than illegal ponzi or pyramid schemes. Our hopes are to get these investigations completed as early as possible so that victims can quickly be refunded monies that have been captured in those account closures. However, we must warn that those who are impeding the investigation are only slowing the process for everyone involved.

StormPay Inc.

February 11, 2006

StormPay Inc. is currently suffering from DDOS (Distributed Denial of Service) attacks which prevent StormPay from sending or receiving email communications as well as prevents customers from being able to access their StormPay accounts through the StormPay.com website. These DDOS attacks in no way compromise the security of your StormPay account as they are only designed to prevent legitimate traffic access. Federal authorities are investigating the origination of the attacks and have confirmed that they are very close to making arrests in connection with the DDOS attacks.

We are sure that many of you are aware of the recent controversy with Charis F. Johnson and other "Auto-Surf websites". The funds of those merchants and specifically Charis F. Johnson have been locked in their StormPay accounts as investigations are ongoing into what appears to be massive illegal Ponzi schemes. Any payments you may have received from these "Auto-Surfs, that were still within the StormPay system have been restored back to the accounts of those "Auto-Surf"s where the funds are protected and preserved in an effort to try and refund customers who may have been victims of these programs. We can confirm that there will not be enough money available to get everybody reimbursed but we are formulating an orderly plan to reimburse victims to the limited extent that may be possible.

The problem we are seeing is that customers are viewing their "earnings" from the "Auto-Surfing" websites and believe that StormPay Inc. is holding funds sufficient to cover those "earnings". StormPay is not holding funds sufficient to cover the alleged "earnings" or "payments" or "payouts" that are reflected on the Auto-Surf's website (we suspect we are holding only a small fraction of what is being reflected as "owed" to customers on the websites). Some customers that received a "payout" from these "Auto-Surf"s received that at the expense of somebody else who contributed to the program but who may have never received any "payout". Consequently, the reason that we have restored funds back to the accounts of these so called "Auto-Surfs" that represent payments that some members received was so that we can attempt to reimburse as many people as possible. In the usual Ponzi scheme, if you received a payment from the program it had to have come from the payments that another member made to the program. Therefore, if you have received a payment, you received someone else's money. That is the problem with a Ponzi scheme, once it collapses a lot of people get hurt. There is no way to make everybody "whole" and most people will lose money as there simply won't be available funds to make everybody "whole." The reason that is, once people withdraw their "payouts" or "earnings" out of StormPay, that represents other peoples money, and if the only money coming in is from new "investors" (and not any other source), there is no "new" money available to make payouts or even refunds to some members.

Assume you have a customer (customer #1) who funds their StormPay account with $1000 and sends that money to one of these "Auto-Surfs". Then customer #2 follows up by funding their StormPay account and thereafter sends $1200 to the same "Auto-Surf". Thereafter, the "Auto-Surf" sends $1200 to customer #1 for their percentage of promised "return" on their original "payment" and thereafter, the program shuts down as it did in these cases. In a Pyramid type operation/program/scheme there is no longer any new money coming into the program to pay back customer #2. Customer #2's payment was what was used to pay customer #1. If this is not a Pyramid operation there should be money to refund customer #2 but there is not in this case. StormPay Inc. cannot allow customer #1 withdraw the money in his StormPay account (which was received from the "Auto-Surf") into his own personal bank account, since it is really the money belonging to customer #2. The only solution is to reverse as many of the funds as possible so that many more victims of the ponzi/pyramid schemes can be reimbursed their original "investment". Keep in mind that many of the first people into the schemes have already withdrawn the funds rightfully belonging to the later participants. Despite our best efforts to correct the seemingly wrong doing of these "Auto-Surfs", there simply will not be enough remaining monies to make everyone "whole". Again, this is due to those admins and other participants of the programs who have withdrawn monies rightfully belonging to others. StormPay Inc. is currently undergoing an audit, near completion, and done with our absolute and complete cooperation, which will show that every penny of money we have ever had control of can and has been accounted for.

StormPay does not permit the processing of payments for any illegal program and our Terms of Service expressly prohibit the processing of any payments for any illegal Ponzi or Pyramid scheme. Our Terms of Service do expressly provide:

"17. Get Rich Quick" Schemes: Get Rich Quick Schemes are prohibited resell items by StormPay. Get Rich Quick schemes include any type of self-employment, start-up businesses, or investment opportunity where the claims of profit or returns on investment are unrealistic or unsupported. By law, if a business opportunity costs $500.00 USD or more, the promoter is required to support any claims regarding earnings or profits with written documentation.

Pyramids don't pay. StormPay Inc. and the Federal Trade Commission caution consumers about clubs or programs that promise quick money for recruiting new members. Don't bank on the pyramid promise that someone else will pay you. For more information on get-rich-quick schemes, visit the FTC at www.ftc.gov."

There are claims afloat that StormPay Inc. has performed unauthorized charges from customers' bank accounts or credit cards. StormPay can, and will prove to any and all investigators that all charges made were made from each individual's own computer, or a computer from which the customer has accessed, and was an authorized charge by that customer. StormPay Inc. intends to investigate each and every assertion wherein it has been claimed that StormPay Inc. initiated and unauthorized bank or credit card debit, and will prosecute those persons, and seek recovery of all funds wrongfully charged back, including all costs involved to do so.

StormPay Inc. would like to take this opportunity thank it's customers for their continued support - past, present, and future. We very much look forward to the time in which all investigations have been completed and the truth is revealed to the public and our valued customers. We anticipate having access to our website in the coming hours and resuming normal business operations.

Sincerely,

StormPay Inc.
1690 Golf Club Ln.
Clarksville, TN 37043

If you got a payment you paid in to SP lately.. Call your bank and do a chargeback Asap.

That’s the only way to save your money as i see it now.

Hi TLC

I'm not totally convinced that 12 Daily was legit to begin with…

Well I have never said that dough.

Any ho go into these kinds of “investments” know there’s a risk involved. 44% ROI in 12 days.. hmm that’s almost impossible. But ho cares. We all know that sooner or later the company go down and that’s a fact. That’s a calculated risk we take.
I’m not angry because 12dp or 24dp or Alien and many others is down, we did know that’s goanna happen sooner or later, but its not their fault that they are down now, its SP’s fault. (One and only)
The one thing we do NOT calculate is that the “bank” freezes accounts and steeling our money and then agene funding them back to the “scam” companies!
So for me it’s pretty clear that’s there more involved here than they telling us from the SP management.
The time will eventually show what’s right and wrong.
So in the meantime, I’m focus on some other things.
I personally dont feel that I can’t trust any ecurrency out there at the moment.
But the most trusted and secure PP on the net right now is EMO,,,, but ho knows?

Let’s hope that we get this internet bank problem solved one time for all now, and that it bring some new rules into their systems bye the governments, so that the users can be more secure.

The things I hate most in life, is ppl ho steel and lie, and that’s SP in a nutcase right now!

Thing is, 12DP has paid on-time, every-time. SP themselves are saying that these "scams" don't pay out, but 12DP do!!

Korris,

Any ideas on what to say to the cc company to get a chargeback? If I say that I put money into SP, spent it on a auto-surf, made loads of money profit, and now SP have reversed that back to the auto-surf, they'll tell me the problem is between me and SP as I've already spent the funds!

Oh, and have you seen the latest joke update from SP?? I'll post it here if no-one else has.

Hi Nej

Call your cc company. Explain to them that you have used a 3part part payment processor to pay for something. They did not pay it to them and wont pay it back to you either.
They already know about this at the CC so no need to lie to them.
You should have the money back on your account within 24 hour.
They probably will close your CC also to avoid more problems.

Psst: is it the 1 i pasted longer up here you talking about?

Let me know ho this go plz

Kørris