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#1
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ePassporte Revealed
Pokerstars and FullTilt and AP and UB have been aware longer than they will admit of ePassporte not being able to process deposits or withdrawl transactions. FullTilt actually held up the sending/approving of payout requests to ePassporte until ePassporte 'assured' FullTilt that the technical problems would be resolved. Pokerstars has threatened to cease transactions with ePassporte in the very near future. ePassporte uses a 3rd Party Processor which is affilated with and is controlled by ePassporte. Now for the bad news: This payment processor which handles transactions for ePassporte along with individuals working for both ePassporte and their processor have removed funds being held in escrow pending transaction completion. The funds for these deposits and withdrawl transactions cannot be retreived. Poker Stars and Full Tilt have already been advised by ePassporte Security of the missing funds and assured that the problems would be resolved. The only public explanation of the above from ePassporte to it's customers has been that "ePassporte is having technical problems and are working hard to resolve this matter, we appreciate your patience" ePassporte has not yet come up with the missing funds and has no plans of returning them at this time to either their customers or merchants. ePassporte is anticipating its exit from the online poker segment as ePassporte is directly impacted by the regulations just issued this past week. Under current UIEGA law signed last year ePassporte is now actively in violation of US law. The ePassporte corporate headquarters are located in Curacao, Netherlands Antilles. Their sales and marketing offices are in Toronto Canada, and they have an office in southern California. Christopher Mallick is owner and CEO of Epassporte. He has been sued for securities fraud and negligent misrepresentation. U.S. 2nd Circuit Court of Appeals, August Term, 1999 (Argued: May 15, 2000 Decided: May 08, 2001) Docket No. 99-9042 --------- UNITED STATES COURT OF APPEALS FOR THE SECOND CIRCUIT August Term 2000 Argued: March 19, 2001 Decided: July 19, 2001 Docket No. 00-7803 ---------------------- Christopher Mallick was fired as CEO from a company called Paycom. Paycom was one of the largest online credit card processing companies. Paycom let Mr Mallick go for mishandling, misappropriating ( ie stealing ) company assets. Large amounts of money, a LearJet, high rolling, and hookers paid for with Paycoms money were some of the evidence used against Mr Mallick upon his dismissal from Paycom. Mallick in his prior career filed Chapter 7 bankruptcy. Christopher Mallick earlier this year launched Oxymoron Entertainment a $50 million venture. He is aiming to finance films in the $2 million to $10 million range. This film venture he launched in February has bled money and been very unprofitable to date and is in need of a cash infusion. Epassport funds have been redirected to this venture as he is the owner and controller of both. Epassporte has primarily been involved in the gambling and porn industry. Mr Mallick has a very shady past. He has however been kind enough to donate money to the prevention for the sexual exploitation of children which help to abate the claims that Mr Mallicks company helps to fund exploitation of these same children via porn addicts who access content via Epassporte. The Current Better Business Bureaus (BBB) Rating for Epassporte is an F, the lowest rating possible out of a 10-point scale, which corresponds to the following description: Quote from (BBB) "We strongly question the company's reliability for reasons such as that they have failed to respond to complaints. Their advertising is grossly misleading, they are not in compliance with the law's licensing or registration requirements, their complaints contain especially serious allegations, or the company's industry is known for its fraudulent business practices." The above information is mostly available via public searches. You may contact Mr Mallick and express your concerns by writing him at: chris.mallick@ePassporte.com Note to ePassporte staff, you were advised of information being released to public pending the return of missing funds. |
#2
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Re: ePassporte Revealed
[ QUOTE ]
Pokerstars and FullTilt and AP and UB have been aware longer than they will admit of ePassporte not being able to process deposits or withdrawl transactions. FullTilt actually held up the sending/approving of payout requests to ePassporte until ePassporte 'assured' FullTilt that the technical problems would be resolved. Pokerstars has threatened to cease transactions with ePassporte in the very near future. ePassporte uses a 3rd Party Processor which is affilated with and is controlled by ePassporte. Now for the bad news: This payment processor which handles transactions for ePassporte along with individuals working for both ePassporte and their processor have removed funds being held in escrow pending transaction completion. The funds for these deposits and withdrawl transactions cannot be retreived. Poker Stars and Full Tilt have already been advised by ePassporte Security of the missing funds and assured that the problems would be resolved. The only public explanation of the above from ePassporte to it's customers has been that "ePassporte is having technical problems and are working hard to resolve this matter, we appreciate your patience" ePassporte has not yet come up with the missing funds and has no plans of returning them at this time to either their customers or merchants. ePassporte is anticipating its exit from the online poker segment as ePassporte is directly impacted by the regulations just issued this past week. Under current UIEGA law signed last year ePassporte is now actively in violation of US law. The ePassporte corporate headquarters are located in Curacao, Netherlands Antilles. Their sales and marketing offices are in Toronto Canada, and they have an office in southern California. Christopher Mallick is owner and CEO of Epassporte. He has been sued for securities fraud and negligent misrepresentation. U.S. 2nd Circuit Court of Appeals, August Term, 1999 (Argued: May 15, 2000 Decided: May 08, 2001) Docket No. 99-9042 --------- UNITED STATES COURT OF APPEALS FOR THE SECOND CIRCUIT August Term 2000 Argued: March 19, 2001 Decided: July 19, 2001 Docket No. 00-7803 ---------------------- Christopher Mallick was fired as CEO from a company called Paycom. Paycom was one of the largest online credit card processing companies. Paycom let Mr Mallick go for mishandling, misappropriating ( ie stealing ) company assets. Large amounts of money, a LearJet, high rolling, and hookers paid for with Paycoms money were some of the evidence used against Mr Mallick upon his dismissal from Paycom. Mallick in his prior career filed Chapter 7 bankruptcy. Christopher Mallick earlier this year launched Oxymoron Entertainment a $50 million venture. He is aiming to finance films in the $2 million to $10 million range. This film venture he launched in February has bled money and been very unprofitable to date and is in need of a cash infusion. Epassport funds have been redirected to this venture as he is the owner and controller of both. Epassporte has primarily been involved in the gambling and porn industry. Mr Mallick has a very shady past. He has however been kind enough to donate money to the prevention for the sexual exploitation of children which help to abate the claims that Mr Mallicks company helps to fund exploitation of these same children via porn addicts who access content via Epassporte. The Current Better Business Bureaus (BBB) Rating for Epassporte is an F, the lowest rating possible out of a 10-point scale, which corresponds to the following description: Quote from (BBB) "We strongly question the company's reliability for reasons such as that they have failed to respond to complaints. Their advertising is grossly misleading, they are not in compliance with the law's licensing or registration requirements, their complaints contain especially serious allegations, or the company's industry is known for its fraudulent business practices." The above information is mostly available via public searches. You may contact Mr Mallick and express your concerns by writing him at: chris.mallick@ePassporte.com Note to ePassporte staff, you were advised of information being released to public pending the return of missing funds. [/ QUOTE ] first |
#3
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Re: ePassporte Revealed
Proof that this isn't simply a technical problem (messed up database info, human error, whatever) as they claim? Granted the guy may have a shady history but it doesn't automatically implicate him here. The way ePassporte charges fees for everything they don't need to scam cutomers to make a killing.
Also you're not using a typewriter, bro. Text will wrap on its own, you don't have to manually hit enter every time you get near the end of a line in the post box, it makes your post really annoying to read. |
#4
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Re: ePassporte Revealed
wow... another payment processor with issues...
that sucks |
#5
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Re: ePassporte Revealed
[ QUOTE ]
Epassporte has primarily been involved in the gambling and porn industry. Mr Mallick has a very shady past. He has however been kind enough to donate money to the prevention for the sexual exploitation of children which help to abate the claims that Mr Mallicks company helps to fund exploitation of these same children via porn addicts who access content via Epassporte. [/ QUOTE ] Hold on a minute. I can use epass for porn? This has exciting implications. |
#6
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Re: ePassporte Revealed
Online Poker will be dead soon in the US.
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#7
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Re: ePassporte Revealed
Correct me if im wrong but there is no way to deposit money into poker for a U.S player now that epassporte will be gone?
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#8
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Re: ePassporte Revealed
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Correct me if im wrong but there is no way to deposit money into poker for a U.S player now that epassporte will be gone? [/ QUOTE ] Earlier this week, I deposited to Full Tilt using Moneygram/Cash Transfer. <$10 fee for a $500 deposit, and it was accepted within a few hours. |
#9
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Re: ePassporte Revealed
[ QUOTE ]
Correct me if im wrong but there is no way to deposit money into poker for a U.S player now that epassporte will be gone? [/ QUOTE ] Full Tilt accepts both my credit and debit cards even though they are both flagged for gambling transactions. FTP has a sneaky way around it. |
#10
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Re: ePassporte Revealed
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Full Tilt accepts both my credit and debit cards even though they are both flagged for gambling transactions. FTP has a sneaky way around it. [/ QUOTE ] Could you elaborate on this? I tried using a CC unsuccessfully through their web site, and their response to my e-mail re: problems with EPassporte was to use EPassporte. If you talk to a live human, will they process U.S. credit cards? What's the workaround? Thanks, Carl. |
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