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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


Friday, 23 December 2016

My Advertising Pays - The Bolton Anniversary Event Speech




My Advertising Pays was registered in February 2005.

VX Gateway was registered in August 2007

My Advertising Pays Version1 was launched on September 13th 2013.
They withdrew from America and closed Version1 early 2016. 
My Advertising Pays launched Version 2 on April 5th 2016. 
Profit share/withdrawals were suspended in August/September 2016. 
My Advertising Pays launched a lawsuit against VX Gateway on Dec 6th 2016 claiming they stole $60 million.
 My Advertising Pays will soon close down.
 It will be replaced with 'The Advert Platform' on January 4th 2017. 
Mike says that VX Gateway will repay all of affiliates money. 
VX Gateway have put themselves into Voluntary Liquidation and have (apparently) large debts. 
So how VX Gateway will refund the $60 million of 'stolen money' remains to be seen.

Tuesday, 20 December 2016

Amin Forati - The Latest Newspaper Story


This is the latest Newspaper Article from the Swiss Newspaper Le Matin Dimanche about Amin Forati -Traffic Monsoons ex-CFO. 




The "investor" of S3 has disappeared from circulation

Bankruptcy Stolen abroad, Amin F. provided the guarantee in March to save the company. How was this paper validated?
On the door of his apartment Dubai, located in a luxurious residential complex overlooking a marina, an official document claims to Amin F. a year rent - from October 2015 to October 2016 - failing which he will be expelled. The Iranian who provided this spring a bank guarantee of $ 30 million to the S3 company (Swiss Space Systems), whose bankruptcy was pronounced on December 14, is sought abroad by several persons and entities claiming accounts. But he no longer shows himself.

In addition to a Milan businessman who sues him for fraud (Le Matin Dimanche du 9 octobre), at least one other person, based in Dubai, accuses him of having cheated him of a large sum. According to the lawyers of Luanda and Dubai of the former, criminal proceedings are under way in the Emirates. In both cases, the scenario is the same: from a friendly point of view, Amin F., pretending to be a Maltese ambassador, puts forth well-supplied bank accounts to convince people to entrust him with large sums. His credo, according to these two sources: never invest his own money, but use that of others to generate more.

No paper

Pascal Jaussi (founder and CEO of Swiss Space Systems, ed) started talking about Amin F. in the spring of 2015, when we were no longer paid, testifies a former collaborator of S3. He made us listen to recorded phone conversations, where this investor assured us that everything was going to get back to normal. Pascal Jaussi explained that we had to wait, because the money of this gentleman was under embargo because of his Iranian origins. He did everything to confuse us. "

In front of the district court of La Broye and the Waldensian north, on December 6, the two representatives of company S3, without documents to support their statements, obviously failed to convince the judge that the 30 million promised by Amin F. could clean up the holding company, indebted to the tune of more than 6 million francs. According to Pascal Jaussi, who announced that he wanted to appeal the bankruptcy decision, the papers in question could not be shown in court for reasons of confidentiality. The professional pilot was found injured and burned near his car on 26 August 2016 in the woods of Aumont (FR). This event had turned the spotlight on his company, which had the vocation of specializing in the launch of microsatellites and space tourism. The investigation is still ongoing.

Since this spring, the company has increased its liabilities by relying on the bank guarantee provided by Amin F. and established with the obscure Axios Credit Bank of Singapore. A wobbly configuration that should have put the chip at the ears of those responsible for validating this document. The Emirates company D & B of Amin F., whose name appears on the guarantee, would not have the necessary authorization to carry out such operations.

The person responsible for the Vaud trade register, Yann Decnaeck, reminds the members of the board of directors of the responsibility to provide documents containing exact indications. An audit by the Fiduservice Trustee on 30 March also confirmed the accuracy of the S3 capital increase report. Contacted, the fiduciary relies on professional secrecy.

Iranian Amin F. has provided a $ 30 million bank guarantee to S3. DR

Pascal Jaussi made us listen to recorded phone conversations, where Amin F. assured us that everything would be in order "

Former employee of S3'


Lots has been written about Amin and his relationship with S3, D&B and Traffic Monsoon.
This is the story so far and what we believe has happened.

In the Spring of 2015, Pascal Jaussi (founder of S3) started mentioning Amin publicly.
In 2015/2016 at least two men were persuaded to hand over hundreds of thousands of dollars to Amin for investment.
 Amin told these gentlemen that he was Ambassodor to Malta - which he wasn't - and that he had accounts with millions of dollars in them which they could see - which one of them did. 
(Both of these gentleman have ongoing criminal cases in the Emirates against Amin for Fraud).

Amin Forati was employed by Charles Scoville in January 2016 to be Traffic Monsoons Chief Financial Officer.
It's a presumption then, that as CFO, Amin would have had access to the Bank Accounts of Traffic Monsoon. 

In March 2016, Amin took out a $30 million Bank Loan with Axios Credit Bank of Singapore and he acted as Guarantor.
All of this money supposedly went to Swiss Space Systems who in return, signed over a substantial amount of shares in S3 to Amin.
Amin could not have taken out a loan for such a massive amount of money and act as Guarantor, without already having substantial sums of money in his account.
At least $17 million was in Amins personal PayPal account. So where did all this money come from? Did Amin use Traffic Monsoon money just to  prove he had funds available for such a large Bank Loan? 
Charles has always maintained that PayPal had frozen all of Traffic Monsoons money but how can that be? Charles had at least $4 million available - Amin said himself that it had been transferred into  a Payza account. 
And again, it is inconceivable that Charles would put all of his money inside PayPal when he was so vocal about his Chase Bank Account.

In December 2016, S3 was made bankrupt owing $6 million. So what happened to the $30 million that Amin pumped into S3? The Judge asked Pascal  for the Financial records attaining to this, but he has refused, citing confidentiality.

So what happened to all the money? And how much did Charles have to pay Amin to release him from Traffic Monsoon?
Unfortunately, the only person (other than Charles) who can answer these questions has disappeared. 
Lets hope he can be found soon.
 

Saturday, 17 December 2016

The Advert Platform - 'My Advertising Pays' Scam Have Changed Names!

UPDATED 18th Dec 2016

As of today, My Advertising Pays is to be known as The Advert Platform. 
The whole website has changed.

MAP to TAP!

But if they think a name change will get them out of trouble, they've another think coming!

The Securities and Exchange Commission aren't daft. And surprisingly enough, we'll certainly let them know.

The reason for the name change is obvious. MAP/TAP want to enter the Asian market and don't want any of them googling 'My Advertising Pays'  - way too many scam warnings!

But don't you worry Mike, the name may have changed, but the scam certainly hasn't.

We're still right behind you!







Oops..somebody jumped the gun! Simon says TAP is launching on Jan 3rd 2017!
So the new webpage went up, but now its down!...Tony is probably trying to find some bigger pipes!
http://tap.membersdash.com/






Friday, 16 December 2016

Amin Forati - Swiss Space Systems Has Been Declared Bankrupt


Amin Forati, Traffic Monsoons Ex CFO, previously  made a $30 million loan guarantee for Swiss Space Systems (S3) 
Unfortunately, Amin is now in hiding and S3 has just filed for Bankruptcy.  

Pascal Jaussi, Swiss Space Systems CEO is planning to appeal.

Swiss Space Systems Holding Ltd: bankruptcy postponement and bankruptcy of company
By decision of 14 December 2016, the President of the Civil Court of the Broye and North Waldensian District revoked the adjournment and pronounced the bankruptcy of Swiss Space Systems Holding SA.


http://www.24heures.ch/news/news/faillite-s3-prononcee/story/25856427

http://www.24heures.ch/suisse/directeur-entreprise-attaque-mieux/story/29400849

https://taratalkstoday.blogspot.co.uk/2016/12/charles-scoville-and-amin-forati-cfo.html

Thursday, 15 December 2016

My Advertising Pays v VXGateway - The Court Papers


Summary:
'My Advertising Pays has accused VX Gateway of stealing $60 MILLION.
VX outsourced all payment processing to third parties that it refused to disclose.
Mike signed Bank Signature cards and Power of Attorney agreements to allow VX to act on behalf of MAP and/or Mike. This allowed VX to open various Bank accounts to help process MAPS customers. VX refused to provide any copies of any signed documentation.
MAP did not have an independent Corporate Bank Account, it used VX Loop Account to manage all its funds and Customer Data.'

Comment:

SO...Mike doesn't have a separate MAPS Corporate Bank Account? Seriously Mike?
And you just signed over everything..just like that? How did that conversation go down I wonder?

'Hey Timmy..you want me to sign over Power Of Attorney? Sure Buddy! You want to open Bank Accounts in my name? Hell yer...fill yer boots! 
You don't want to tell me where my millions are going to? 
No worries..I don't need to know that, I trust yer pal! 
And paperwork? Who the hell needs paperwork haha...just clogs up my desk, right! 
You just go right ahead, stick your portal on our site and just help yourself!!'

Summary:
The Court papers say that My Advertising Pays maintains it's principle place of business at 
15500 Wilson Road, Ocean Springs, Mississippi.

Comment:
Which means Mike must have moved. This is his new office/ house then. Half a million dollars worth.


 Summary:
MAP operated in both the USA and Europe but was only able to accept payments in dollars. Around December 2015, it noticed it's US customer base was shrinking and decided to pull out of the USA market in Feb 2016 and focus on its European customers.

This meant changing from US Dollars to Euros. Shortly after this happened, VX started to place restrictions on MAP transactions and wouldn't accept payments above $6000.





Comment:
So which Court case has the truth about the withdrawal of MAPS from the USA?
The Fake case against this blog, or the Fake case against VX Gateway? 





Summary:

February 24th 2016:
Lynne asked Celia why there were restrictions.
Celia said that it was the first processor that VX used, that was causing the permanent restrictions, but that  VX  would use a second processor instead, with higher fees when a customer wanted to process in excess of $6000. This was the first time MAP were aware of any third party processors.At the same time, members were complaining that withdrawals were taking longer  to process and clear. 
February 26th:
Lynne again emailed Celia and asked her why there was a delay processing MAP withdrawals.Celia responded that it wasn't VX fault but a problem with there correspondent Bank( Standard Chartered of New York).
March 16th:
Celia asked Mike for three months worth of Corporate statements to show to a prospective payment Processor.
April 5th:
V2.5 was launched.
April 7th:
Celia says they have found a processor for Mastercard/Euro Transactions, but Visa would follow in a couple of weeks with a different processor.
April 13th
Booth asked Celia why the MAPS vx Loop account showed a Zero balance.
Celia replied this was correct because the funds from their processor hadn't cleared and this would take between three and seven weeks.
April 13th
Booth told Celia he couldn't pay MAPS monthly expenses.

Celia said it was a system restriction that she couldn't control. 

Comment:
So between Feb 2016 and April 2016, when Mike discovered that VX had done the dirty on him and wasn't actually handling MAPS  money, but passing it on to somebody else...who then, for some reason, wasn't processing it,  he just wrote another email? And then another?? 
This is MILLIONS of dollars we're talking about, not jump change. MILLIONS of dollars that Mike claims he has had no access to. And yet, for over TWO months, they just exchange polite emails? 

Summary:
May 6th
VX withdrew $4 million from MAPS VX account.
At a lunch meeting that day, MacKay said this was a mistake and he would repay MAPS in installments of $600,000 every other week.
May 16th
Celia told Booth that payments in dollars had ceased and that she could not transfer any funds in US dollars from MAPS VX loop account.
No more installment payments have ever been made to MAP.
June 8th.

MAP try and find a different processor themselves.

Comment:
A mistake? 
'Hey Mike, so sorry, withdrew $4 million by accident..these things happen you know. SO many buttons! But hey...don't you worry! I'll repay you half a million every fortnight until we're square, OK?'
'Oh sure Tim...don't you worry! It's all good!'

More to come...watch this space!

Monday, 12 December 2016

Charles Scoville and Amin Forati - The CFO Story.



The story I'm about to tell you has been relayed to me by two separate sources over the last few months. There are a few pieces of the jigsaw missing, but overall, enough of the story to see a picture.

                                            ***********
Many months ago, a gentleman I'll call 'X' gave Amin Forati a considerable amount of money to invest, but returns on this investment were not forthcoming.
 'X' complained to Amin in January 2016, so Amin showed 'X' his personal PayPal account - containing several million dollars - to prove that he had the funds available to repay 'X'  his money.
'X' however, refused. He wanted his money to be repaid from the business account he thought he was investing in, not a personal account with money in it from unknown sources, so he refused the money and told Amin he was going to the Authorities.
'X' was then threatened by Amin. A threat he took seriously after an attack on the CEO of Swiss Space Systems (S3).
Amin had been a guarantor ($30 million Swiss Francs) to S3 to prevent the company going into Bankruptcy. The full story and Newspaper Article from 'Le Matin Dimanche' is here:
 https://taratalkstoday.blogspot.co.uk/2016/09/dr-amin-forati-traffic-monsoon-swiss.html

                                       *********
In December 2015, 'Y' was at a party where Forati and a member of Traffic Monsoon were introduced to each other.  'Y' realised, as the night continued, that Traffic Monsoon was an obvious scam and wanted no part of it.  'Y' warned Forati against getting involved with Traffic Monsoon as he was afraid it may interfere with his business at S3 and Mubadala (an investment and development company in UAE). He also warned his friend against being involved with Traffic Monsoon, but it was too late. His friend had already helped Charleto establish a TM subsidiary in UAE, which entitled Charles to a residency UAE Visa as a partner. The company ( TM Middle East ***) was to be used so that funds could be wired directly to it without additional government monitoring.

 Several days later, 'Y' learned of a meeting at the Jumeriah Beach Hotel between Charles, a Traffic Monsoon lawyer, Amin and a couple of other gentlemen.
'Y' was surprised to hear that this meeting resulted in Amin entering into a contract with TM which made Amin the CFO of Traffic Monsoon.

A few weeks later, in February 2016, Charles, for whatever reason,  no longer wanted Amin to be the CFO of Traffic Monsoon and asked him to attend a meeting so they could part ways on friendly terms. The meeting was held in an outside Restaurant in open view.
Charles was reported to be looking sad and upset to the point of tears. An English gentleman was with him as his advisor.
At this meeting, it was revealed that Charles had employed Amin to be his CFO so he could use Amins supposed connections to get PayPal to release all the millions it had frozen.
But Amin had not managed to do this. Funds from PayPal were still frozen.
Amin then informed Charles that many accounts had already been opened around the world to deposit funds into, which had involved numerous team members and many lawyers.    
Amin also told Charles that he had set up a Payza Account and moved around $2 million of Traffic Monsoons money into it.
A heated argument then broke out. Forati refused to sign any resignation documents releasing him from the Traffic Monsoon contract.  
Eventually, they all agreed that Amin could calculate his expenses etc; so that Charles could buy him out. 
What happened next, or how much money was exchanged between Amin and Charles, is not known. 

                                                     ********************

Just like 'X', 'Y' had also been in business with Forati and by now, had also decided he wanted his money back. But Forati refused. His behaviour was loud and threatening and 
'Y' felt he had no choice but to start legal proceedings against Forati for Fraud.

The problem now however for both 'X' and 'Y' is that Amin has fled the country and can not be located. 
He was last seen on September 20th 2016.
Amins company D&B is still active even through he isn't present, so he is still able to continue his business activities, where ever that may be.

This note has appeared on Amins apartment door as evidence showing he has abandoned his residential property in Dubai. A Dubai court has issued a 30 day warrant for unpaid rental for more than a year, which was issued on 30 Oct 2016.










Amin has been requested to attend a hearing by police forces in Abu Dhabi, Dubai and Sharjah as a number of complainers now exist to accuse Amin of dubious financial activities resulting in losses in excess of 1.5 Million USD.


So where is Amin? I don't know.
But an interesting statement appears on his D&B website:

'D&B has a UAE based management team and corporate entities the US, UAE, and Philippines.
D&B has close political ties in the Philippines and has enlisted the support of politicians, business leaders, and entertainers.
World famous boxer Manny Pacquiao, who also serves as a congressman, acts as D&B’s official spokesman.'


So maybe the Philippines would be a good place to start looking?



Sunday, 11 December 2016

Click Intensity - Tell Lies And You'll Get Found Out!

Nick at Click Intensity has been caught lying!
He tried to jump on the 'payment processors have frozen our funds' bandwagon to try and use his  'Get Out of Jail Free' card...except he's been busted! 

This was a post from NICK on November 30th 2016:

********* Getting Ready For A Billion $$$ Ride *******

After Successful Launch Of FB Shares And FB Fanpage Likes Product ,We Are Moving Towards Launch Of Hourly Login Ads Where You Can Buy Them On Hourly Basis Instead Of Just The Current Option Of Full Day !
As You Can Clearly See , Our Focus In Corporate Is To Be World's #1 Revenue Share Company In Online Advertising Niche By Offering Innovative Cudding Edge Leading Products And Letting Our Products Speak For Themselves.....
Always remember this one thing in life - A Billion $$$ business is not build around hype but is build on solid products and customer base.........
While there might be other short term lurative HYIP's coming out there everyday offering you 2 % daily , 3 % daily , even 5 % daily and 10 % daily but those are all short term money spinners where few people win and 99 % people end up loosing their life savings
Most of these programs close in 90 days to a max of 6 to 12 months ......
We here at Click Intensity have now already completed 9 months and have our roadmap clear for the next 12 months , 24 months , 5 years , 10 years and so on....
We want to be there for your grand childrens also..
We want to build a business so strong which you can be proud to be associated with and which you can even pass to your next generation..........
And We cannot do that alone - we ofcourse need strong leadership in the field and I am happy to see that it is already cultivating....
Sure we have had our roadbumps across the way like paypal freezing our funds , payza and advcash disputing our transactions and holding funds in 6 months reserve ( Current Payouts In Payza And Advcash Will Only Be Released Once These Disputes Are Cleared But All Fresh Payouts Using BTC Will Be Cleared As Per Normal ) , payment api's being hacked and we loosing over $10 milllion $$$ , initial early days tech glitches but here is the bottomline - we are still here standing strong paying you guys and growing everyday 1 % excited for the future

This should tell you what your management team is build off and should encourage you to work outside your comfort zone everyday and go share the message of Click Intensity to the world

Very shortly we will be announcing something so big that it will shake the entire online advertising industry and will put us at par with companies like Facebook , Google and other such big giants......
People who work hard now , build their teams and keep them together - I promise will all retire as multi-millionaires from Click Intensity ......
That's all for now......
Make sure you read every corporate email , every post by me and Tara Mish over the course of next 1-3 weeks as you definately want to be in the loop of what's coming next........

As It could mean all of you having a fair chance at 10xing or even 100x ing your money if we work together as a unit.....
I will leave at that for now and let you guys guess :-)

Nick Johnson
CEO - ClickIntensity.Com'


Crikey Nick! So you've been hacked?  And EVERY payment processor is freezing funds?
AND you've lost $10 MILLION DOLLARS! 
Not your month really is it mate!

But hang on a minute Nick, Advcash are 'disputing transactions' and have frozen funds?
NICK...NICK....NICK, that's a little bit of a porky pie now isn't it? You tell lies...you'll get found out eventually.
How do we know this is a lie?   
Because one enterprising affiliate actually contacted Advcash and guess what they said? LIE!


For translation: 'There is no legal dispute and no funds have been frozen. The account in question (Click Intensity) is operating just like any other account from the hundreds of thousands that we have.'



Wednesday, 7 December 2016

My Advertising Pays - Is it Really Suing VX Gateway?

(Updated 8th December)
My Advertising Pays have supposedly launched a Lawsuit  against VX Gateway:


Leaving aside the fact that VX Gateway operates out of a P.O. Box at every address it's registered at, (https://taratalkstoday.blogspot.co.uk/2015/07/who-are-vx-gateway.html
lets take a closer look:

They are listing Celia Dunlop and Timothy MacKay as plaintiffs.
Who are they? Nobody knows. Their 'linked-in' profiles used to have cartoon characters as Avatars and have now been deleted. These were the original entries:



The Court documents state that they both live at: 

 1901 Post Oak Boulevard, Apartment 502, Houston, Texas 




Both people living at the same address usually means they're married? Or Co-habiting?  Or maybe lying? Since neither of them show up on the list of possible residents for this address:

But interestingly, they show up on this one, as both present AND past.

This is Timothy doing his 'Benjamin Button' impersonation:

Timothy is listed here as a past resident  in his Fifties:



But oh look...he's now a current resident in his forties!






8th December 2016

Things are happening really quickly at the moment and lots of legal documents are appearing that we're still reading.
However, one particular piece of news has come through today that effectively ends this farce of a lawsuit.

VX Gateway have responded by saying that the Texas Court has no jurisdiction over a Panama company, and neither Celia or Timothy live in the States anyway - tell us something we don't know!

This Lawsuit was launched on December 1st.
The new Version 2.5 was launched on December 2nd. That was NO coincidence. 


There is much more to follow on this case, please watch this space!

Monday, 5 December 2016

My Advertising Pays - Another Fake Lawsuit?

It looks like My Advertising Pays have launched a Lawsuit in a Texas Court against VX Gateway - MAPS  'Official Payment Processor of Choice' who have no other customers except My Advertising Pays.







Share us on: By Michelle Casady

Law360, Houston (December 1, 2016, 8:16 PM EST) -- MyAdvertising Pays Limited, a marketing company that pays people to watch advertisements, filed a lawsuit in Texas federal court Thursday alleging its payment processor, VX Gateway Corp., was actually outsourcing that job to third parties and stole about $60 million in funds.

MAP told the court that VX Gateway, which was hired to provide an online payment portal for MAP members and manage payments for those members, had breached their contract by fraudulently retaining the funds that belong to its customers in the U.S. and abroad.

In August, MAP informed VX Gateway via email that it was improperly withholding funds. After VX Gateway responded that it was the third-party processor that wasn't releasing them, MAP sent a demand letter for the funds, which prompted a phone call between the parties during which VX Gateway said it was pursuing a lawsuit against one of the allegedly at-fault processors, GPN Data.

“VX Gateway further advised MAP to 'join forces' with VX Gateway in their purported lawsuit against GPN Data in Poland,” the complaint reads. “In order to facilitate this joining of forces, as a condition precedent, VX Gateway insisted that MAP execute a full release of liability for any claims MAP may have against VX Gateway, as well as [executives Timothy] MacKay and [Celia] Dunlop personally, ostensibly because MacKay and Dunlop were concerned about being charged with international money laundering. To date, VX Gateway has neither provided, nor has MAP discovered, any evidence that VX Gateway has initiated ... litigation against GPN Data in Poland.”

MAP is seeking damages of $42.4 million and €16 million ($17 million), plus consequential damages.

According to the complaint, the companies entered an agreement in April 2014 whereby VX Gateway would provide payment processing services for MAP customers through an online portal. It was MAP's understanding at that time that VX Gateway was handling all processing responsibilities, it told the court, and that those tasks were not being handled by a third party.

MAP runs a website that allows individuals to purchase “credit packs” that allow them to view advertisements, and then those individual members are paid based on how many ads they watch. The packs are purchased through the portal via credit card or wire transfer payments. When a certain amount has accumulated in the member account, the member can withdraw the funds, according to the complaint.

After the withdrawal is approved, VX would transfer the funds from MAP's account to the individual member's account.

In April 2016, MAP withdrew from the U.S. market, stopped accepting payments in dollars and began only accepting payments in euros, maintaining VX Gateway as its processor. It was a move MAP told the court it had been considering since December 2015 as a result of declining profits in the U.S. market.

Ahead of that move, though, in February 2016, MAP announced the plan and shortly thereafter VX Gateway placed an annual limit on credit card transactions per member of $6,000, a restriction that didn't previously exist, MAP told the court.

When questioned, VX Gateway blamed its third-party processors for the restriction, which was the first MAP had heard VX Gateway wasn't actually processing MAP's transactions, according to the complaint. Around that time, members began complaining to MAP about the time it took to process transactions and withdraw funds.

VX Gateway explained that the delay was not its fault but that of the “correspondent bank,” and that it was in the process of partnering with other banks to process the payments more quickly.

Another issue arose, MAP told the court, when it began accepting only euro payments. It noticed that, after a week, its account with VX still showed a zero balance. That was explained by VX Gateway as the fault of the third-party processor, explaining the funds hadn't cleared yet and that there was also a 10 percent “rolling reserve holdback” from the third-party processor, “as well as an unexplained 90 percent holdback initiated at the whim of the various processors, with one purportedly holding back funds for around three weeks and the other holding back funds for around seven weeks.”

In June 2016, MAP started shopping around for a new payment processor, and it was after a meeting with another company that MAP was informed that VX Gateway was only a gateway services company and was unauthorized to process payments, according to the complaint.

Counsel information for VX Gateway wasn't available Thursday, and the parties did not immediately return calls seeking comment.

MAP is represented by J. Cary Gray, Michael A. Ackal III, Sandra L. Mazan and Meagan W. Glover of Gray Reed & McGraw PC

The case is MyAdvertisingPay Limited c. VX Gateway Corp., case number 4:16-cv-03541, in the U.S. District Court for the Southern District of Texas, Houston Division.

--Editing by Philip Shea.


So they're alleging that VX Gateway Corp outsourced to another Payment Processor who then run off with the funds?  
So, how did that work exactly> Why would a Payment Processor use ANOTHER Payment Processor to process it's own transactions? 
And aren't GP Data the NEW payment processors in the NEXT version 2.5? Confused.
This is nonsense from start to finish.

Added to which, VX Gateway isn't registered in America, so Jurisdiction alone will knock this fake lawsuit on it's head. 
I haven't seen the Court Documents yet, so whether or not Mike will use his real address this time around instead of the fake one he used for me is yet to be seen.

https://taratalkstoday.blogspot.co.uk/2016/05/my-advertising-pays-v-tara-talks.html

Can't wait to see how this plays out!





Friday, 2 December 2016

Banners Broker - Still No Trial Date

The arrest of Chris Smith and Raj Dixit almost a year ago ( Dec 9th 2015), has still not resulted in a trial date. This is the You Tube Video released at the time by the Toronto Police.

https://www.youtube.com/watch?v=en4UNqBgzRw

However, much has been happening behind the scenes. The email below is from 
Detective Sergeant Ian Nichol:

Tara,

The prosecution of accuseds associated to Project Banners continues. There have been several pre-trial appearances, and hearings regarding seized property, evidence admissibility, and disclosure issues that accompany most large scale matters.

The matter has not yet been assigned a trial date, but remains before the courts. The accused's remain charged and are subject to bail conditions.
I'm not presently in a position to advise when the trial date will be set.

Respectfully,

Ian Nichol
Detective Sergeant (3024)
Toronto Police Service
Organized Crime Enforcement
Financial Crimes
Asset Forfeiture & Strategic Partnership Sections

The Appointed Receivers - David Rubin & Partners, based in London - are currently in the process of handing over control of proceedings to their associates in Canada, Spergel Corporate.


The deadline for putting in claims still hasn't been announced, so it isn't too late to fill out a claim form.

This is the site link: