Stormpay Horror Stories Continue:

The Stormpay Horror Story continues as another site owner, MonthlyPays reports having his account plundered by the payment processor.

Hello All

Until this afternoon I thought we had it made. Stormpay has left us (MonthlyPays) alone. But unfortunately they have drained my accounts with charge backs. I am not sure what there plan is or how this is going to end. I have no choice in what I am about to do.

Starting tomorrow afternoon in Canada time. I am going to back up the sites and return all accounts that used Stormpay back to zero. I am giving you all this time to take screenshots or to document your numbers for future references. If and when Stormpay actually tells us what is going on we a plan formulated on how we are going to compensate everyone at that time.

From day one we at MonthlyPays have always honored every request for a refund, never once have a made any attempt to fight a claim or deny a refund. Let me tell you all this is the last thing I wanted to do.

Stormpay has created one hell of mess for us all.

In future emails I will document the numbers so you can see what they did to us.
Right now I have forwarded all information to the Fbi and my lawyers. I am not sure of the action we are going to take at this time. As a fellow website admin has said

It's a snatch and grab folks, plain and simple - they see all this money coming in to 12DailyPro and all the others and they said, Man, how can we go about keeping all this money?

So, they change their terms of service and freeze our accounts. You'll notice that their investigation took a complete 2 days so that they would be past the window were they had to return any fees on any of these transactions. Funny how that turned out huh? That was from

the owner of alien trust the have said Stormpay has STOLEN 6.9 MILLION FROM THEM.

E-Gold Members you will not be touched at this time.

I want to tell you all thanks for being such good members your emails and words of encouragement have been inspiring. For those who want to chalk this whole experience up to lesson well learned. MonthlyPays is NOT CLOSING and will continue to be the leaders in the industry. I have always promised honesty to my members and I am very proud of my record. With the members behind us we will all succeed and make money in this business for all. As always you can email me with your questions and concerns I will eventually get to them all. Kevin
Admin MonthlyPays 02-07-06