Problems With Webmaster Checks?
 

I just got this email from Twisty's:

Anyone have any other info? Webmaster Checks pays for a lot of programs - we could have checks being returned left & right :(

I use the epassporte option whenever a sponsor offers it so it's been a long time since I've gotten a check from WebmasterChecks.

just saw this on another board earlier today. ugh. I'm curious to know what happened. Crazy times.

Rumor is that it has something to do with Brazzers being one of their clients.

I got the same letter from Twisties, which I believe uses Webmaster checks.

WebmasterChecks maybe, sort of, posted an explanation over at the zoo |crazy|
http://gfy.com/showthread.php?t=964711

thanks for the link tickler

I received an email from ATKCash as well so far.

Just got 10 copies of the same email from AllureCash...
And this one from JuggCash...

Got the emails too. Good thing, I was going to the bank yesterday and had a check from them to deposit.

Another email from Sapphic Cash this morning.

One of my sponsors said the DOJ froze WebmasterChecks' bank accounts.

I've got about 10 emails from different sponsors already. Fortunately i use Epass as a payment method.

Does anyone have any updates from the programs on what we're supposed to do with these checks?

DDF Cash emailed the other day saying "We ask for your further patience regarding checks that you haven't cashed yet. WebmasterChecks is working hard to get their issues fixed."

Gossip Kings emails saying "We’re happy to announce that wire transfer and ePassporte payments for the pay period affected by WebmasterChecks.com’s issues (3/16/2010 to 3/31/2010) have now been sent! "

Any others that you know of?

NewNudeCash, SapphicCash and ATKCash pretty much states if ya mail back a check they will issue you a new one or send it via epassporte. This was in the original emails I got.

Thankfully I did not have any checks laying around. Of course NewNudeCash owes me money so I will have to see what they will be doing about sending a check. I'm old fashioned, I like checks :)

We should have an update on this early next week. At this point it's unclear what kind of time frame we're talking about for a resolution, but hopefully within the next few days it will become clear whether checks should be returned for re-issue. Of course some sponsors are already doing that.

Is NastyDollars and FYC safe from this?

I'm not sure if this is a complete list of all sponsors using WebmasterChecks but it's a starting point anyway.

www.whopaidme.com/search/Webmaster+Checks/








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Nasty Dollars does not use webmaster checks, nor does fuck you cash I believe.

Wallpaper




















|couch|

Received email from Sapphic Cash stating that webmasterchecks accounts have been unfrozen and their checks are now clearing.

I've heard the same - this is the text that is going around:

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All Webmasterchecks’ accounts are being reactivated by the Department of Justice and our business is resuming normal operations. Any checks that were issued from our US Bank account will be able to be cashed and clear immediately. Our Bank of America account is moving more slowly and should be fully reactivated by tomorrow. Please have your affiliate’s hold Bank of America checks until we send out the confirmation that all is clear.

We would like to give you some background into our situation. When we started researching doing this type of business in 2003-2004, before launching in 2005, we discovered there were not any similar types of businesses that did what we do. Looking further into it, we discovered that many had been turned off by the government for sending out gambling payments or acting without compliance to important anti-money laundering rules, or because they had issues managing their funds and became insolvent.

Knowing this, while building Webmasterchecks, we formed extensive due-diligence procedures to comply with the Patriot Act, Bank Secrecy Act, Anti-Money Laundering laws, Office of Foreign Assets Control (OFAC), Know-Your-Customer, UIGEA (gambling), registered with the Treasury Departments Financial Crimes Enforcement Unit, and took many other precautions. To give you an idea, an AML/BSA Risk Assessment typically runs 70k+, not to mention the Independent Audits and so forth.

During our business continuity audits, we had never expected our bank accounts to be frozen with no previous notification to us or our attorneys. To help prevent this from happening again in the future, our attorneys are proactively in the process of contacting all government agencies that have the authority to do these types of freezes, indicating our willingness to cooperate fully and establishing a relationship so that they can contact us directly in the future if any questions arise.

As stewards of our clients funds, we take these matters very seriously. We hired the right attorney, retained attorneys at a large Washington DC firm including a former assistant US Attorney General and general council to the Department of Homeland Security and got the matter resolved as quickly as possible.

In the next several days we will be providing you with a letter from our banks indicating that we are in good standing, a letter from our attorney with an explanation of what happened, and our attorney is meeting with the Assistant Attorney General of Maryland in the next several days to request a letter of explanation of what occurred, as well as a statement that they have found that we have not acted improperly in any way, and we will pass this over as well.

Webmasterchecks is moving forward. We understand the government has an important role in regulating all banking activity and we will continue to comply with all of the best practices established.

We look forward to resuming all operations and thank everyone for their patience while we resolve this matter fully.

I then got a 2nd email stating that they were misinformed & that only some were ok to cash.

Got that today as well. It confirmed what Bill had in his post about BoA still being worked out.

Thanks for the info Bill