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Varzi Network · 05-02-2008, 01:53 PM

Sorry to say but as of the 15th of this month there will be no more Epass payments with Varzi. It will probably cost me a great deal of business but there is just to much risk doing biz this route at this time. All they have to do is snap their fingers and thousands of dollars will be lost in an instant. I just cannot deal with an unregulated and such an unprofessional payment service that changes its rules just about every month now. Now i can see how it felt for many of those guys overseas having to jump through so many

I know some who receive equal or greater amounts each month and they have not received this notice. Some big fish in adult have stated that they were not asked for any information. Then you have some who have have said they do in fact gamble with Epass funds and yet they have not been asked for info. It really makes no sense they have my fucking checking account number that clearly matches the info on my account. Paypal never even asked me for so much personal information and im afraid im not willing or able to meet these demands.

This was posted on that other board which backs my feeling on the gambling issues.

"Lets look at this objectively.

1) Epassporte stops processing all payments for gambling sites.
2) Epassporte asks all members to prove to Epassporte who they are.
3) Epassporte is especially concerned with where you live when asking for the documents.

Now lets look at Neteller.

They did something similar and the IRS went through their documents looking for card holders that had account balances of $10,000 or more and did not acknowledge this fact on their tax returns. Moving money of $10K or more into or outside the US must be declared. Your tax form has a check box to do so. Says something like, In 2007 did you have $10,000 or more in a foreign bank account. Which Epassporte is.

Next they went after the larger gambling winners. So anyone with $100K or more in winnings received an IRS notice informing them that they needed to prove they lost an amount equal to or over the amount they won. If they could not do so, they would have to pay taxes and penalties on the winnings.

Rumors have spread that the number came down to as low as $30,000 over the last two years as the IRS is working to collect all of the money US tax payers kept.

So if you didn't gamble or didn't remove large amounts of cash you might not have a problem. If you did have $10K in the account and failed to report it, you can expect an audit. If you won large amounts, expect a bill."

05-02-2008, 01:53 PM	#44 (permalink)
Varzi Network Nigerian Overlord Join Date: Aug 2003 Location: Florida Posts: 3,302 Points: 4,715	Sorry to say but as of the 15th of this month there will be no more Epass payments with Varzi. It will probably cost me a great deal of business but there is just to much risk doing biz this route at this time. All they have to do is snap their fingers and thousands of dollars will be lost in an instant. I just cannot deal with an unregulated and such an unprofessional payment service that changes its rules just about every month now. Now i can see how it felt for many of those guys overseas having to jump through so many I know some who receive equal or greater amounts each month and they have not received this notice. Some big fish in adult have stated that they were not asked for any information. Then you have some who have have said they do in fact gamble with Epass funds and yet they have not been asked for info. It really makes no sense they have my fucking checking account number that clearly matches the info on my account. Paypal never even asked me for so much personal information and im afraid im not willing or able to meet these demands. This was posted on that other board which backs my feeling on the gambling issues. "Lets look at this objectively. 1) Epassporte stops processing all payments for gambling sites. 2) Epassporte asks all members to prove to Epassporte who they are. 3) Epassporte is especially concerned with where you live when asking for the documents. Now lets look at Neteller. They did something similar and the IRS went through their documents looking for card holders that had account balances of $10,000 or more and did not acknowledge this fact on their tax returns. Moving money of $10K or more into or outside the US must be declared. Your tax form has a check box to do so. Says something like, In 2007 did you have $10,000 or more in a foreign bank account. Which Epassporte is. Next they went after the larger gambling winners. So anyone with $100K or more in winnings received an IRS notice informing them that they needed to prove they lost an amount equal to or over the amount they won. If they could not do so, they would have to pay taxes and penalties on the winnings. Rumors have spread that the number came down to as low as $30,000 over the last two years as the IRS is working to collect all of the money US tax payers kept. So if you didn't gamble or didn't remove large amounts of cash you might not have a problem. If you did have $10K in the account and failed to report it, you can expect an audit. If you won large amounts, expect a bill." __________________ Special 24 hour offer all you can eat $.18/GB* shared hosting! / Includes 500Mb storage, 3x mySQL Databases, unlimited emails, unlimited domains. Contact me before Oct 14, 12PM EST to lock in your pricing. (*Minimum commitment 100GB/Month)