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Friday 30 December 2016

My Advertising Pays V VX Gateway








On December 1st 2016, My Advertising Pays started Court proceedings against VX Gateway alleging the theft of $60 million.


 (January 15th 2016 - The above Leaders video stating the relationship between My Advertising Pays and VX Gateway) 

Timeline According to The Court Documents:

 February 2016 - MAP withdrew from the US market.

 February (15th) 2016 - MAPS say members had difficulty withdrawing from VX Gateway. 

April 5th 2016 - MAP V2 was launched.

April 13th 2016 - Tony Booth told Celia Dunlop that they had no funds to pay MAP monthly expenses.

 May 6th 2016 - VX withdrew $4 million from MAPS VX Loop account.

 May 13th - 2016 VX repaid $600,000 back to MAP. June 8th - My Advertising Pays looks for another payment processor. 

August 4th - Mike tells Celia that she is improperly holding USD funds and had not remitted funds totalling e16,500,000 since April 2016. 

August 31st - Tony Booth emailed Celia again to ask where the USD funds were. On 

September 7th 2016, MAP counsel asked VX Gateway why the funds had been withheld. 

September 20th - MAP find a discrepancy in sales between GPN data and VX Gateway totalling almost E57,000,000.

December 1st 2016 - A lawsuit is filed.

MAP V VX 1

MAP V VX2

MAP V VX 3

MAP V VX4

MAP V VX 5


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