Anyone else owed money by Intabill?

Discussion in 'Payment Processing' started by flindholm67, May 21, 2009.

  1. #1
    I am owed almost $5000USD by this company and wanted to know if anyone else did not receive their payouts or money owing from 10% hold-back.

    Although Intabill has not been offering processing since July 2008 it seems they were still operating up until recently when the owner, Daniel Tzvetkoff, fired 96 employees last month. I spoke with someone at their office 2 weeks ago, so it seems they retained a few staff, but now their phone number just rings out or goes to an answering service.

    I've been told since January that there was "problems with december/january wires going out". Well there is a big problem because they never went out. I was paid all my 10% hold back over the 6 months from July-December except for the last 3 transfers totalling ~$5000USD, they are shown in my intabill account as being wired in december/january but never received.

    Their website says they have started a new business called "IB Global", so it appears they will try and start up their service under a new company and try to get away with not paying the debts of their old company.

    I am lucky that I live in the same country they are located (Australia), but i get the impression 90%+ of their customers were from overseas, so they will find it very hard to get what they are owed. I have avenues I can pursue here to take action and get what I am owed, but I feel it will be a long, time consuming and possibly costly process :S

    So has anyone else been ripped off by Intabill?
     
    flindholm67, May 21, 2009 IP