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  #1  
Old 10-04-2007, 02:35 PM
zeppy zeppy is offline
Junior Member
 
Join Date: Aug 2007
Posts: 5
Default 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.
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  #2  
Old 10-04-2007, 02:42 PM
Rottersod Rottersod is offline
Senior Member
 
Join Date: Jul 2005
Location: Where I Want To Be
Posts: 3,154
Default 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
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  #3  
Old 10-04-2007, 02:42 PM
WoodPaneling WoodPaneling is offline
Member
 
Join Date: Oct 2005
Posts: 55
Default 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.
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  #4  
Old 10-04-2007, 02:54 PM
stetda stetda is offline
Senior Member
 
Join Date: Jun 2007
Posts: 111
Default Re: ePassporte Revealed

wow... another payment processor with issues...

that sucks
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  #5  
Old 10-04-2007, 03:10 PM
Quanah Parker Quanah Parker is offline
Senior Member
 
Join Date: May 2006
Location: Stoc:N2SmokNbears
Posts: 1,762
Default 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.
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  #6  
Old 10-04-2007, 03:13 PM
UncleKraut UncleKraut is offline
Senior Member
 
Join Date: Nov 2005
Posts: 379
Default Re: ePassporte Revealed

Online Poker will be dead soon in the US.
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  #7  
Old 10-04-2007, 03:25 PM
LonesomeFugitive LonesomeFugitive is offline
Senior Member
 
Join Date: Apr 2007
Posts: 378
Default 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  
Old 10-04-2007, 03:28 PM
jbird jbird is offline
Senior Member
 
Join Date: Jun 2005
Location: Boston
Posts: 1,370
Default Re: ePassporte Revealed

No clue if this has any validity or not, but I will say this -- I've been cashing out from ePassporte to my bank account on a near-daily basis without problem.

Today I have tried to cash out to my bank account 5 different times and continually get an error message.
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  #9  
Old 10-04-2007, 03:57 PM
rminusq rminusq is offline
Senior Member
 
Join Date: Jul 2007
Location: Maryland
Posts: 202
Default 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 ]

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.
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  #10  
Old 10-04-2007, 04:01 PM
MINETZ MINETZ is offline
Senior Member
 
Join Date: Jan 2005
Location: UIUC represent
Posts: 1,462
Default Re: ePassporte Revealed

[ QUOTE ]
No clue if this has any validity or not, but I will say this -- I've been cashing out from ePassporte to my bank account on a near-daily basis without problem.

Today I have tried to cash out to my bank account 5 different times and continually get an error message.

[/ QUOTE ]

this has been happening about every other day, just try in a few hours and it should work. Ive been cashing out every day for like a week.
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