FTC suing young Alberta Millionaire

[wrcftw]

http://www.cbc.ca/news/canada/edmonton/story/2011/05/19/edmonton-jesse-willms-ftc-complaint.html

There have been a few posts about his guy before, looks like he might be pretty fucked now....

Although, with that kinda money you could lawyer up pretty good.

[TomcoPDR]

That's quite impressive really. Half a Bil. by 24yo

[googe]

Scamming isn't that impressive.

[ZenOps]

Half a billion @ $80 a month at a time for however many people...

Thats impressive in my book. Whats even more impressive is how the credit card companies let it go that long.

[sneek]

Originally posted by googe
Scamming isn't that impressive.

half a billion dollars is a lot of money. I am very impressed he was able to pull it off. Good scam artists typically make a few million stealing from old people. This guy managed to get 450 million dollars by 24. Of course I don't endorse it, but it is still impressive he kept it going for that long.

[RickDaTuner]

Now if he was really smart he would have laundered and re-invested that money, so even if the feds take it all away, he still has some cake...

Fact of the matter is, if you are silly enough to punch your CC online for a free S&H deal, you kinda deserve to be banerjeed...

Just saying:rolleyes:

[CUG]

If he's wormed through the legal loopholes, then it's pretty impressive; he's just the guy who had the balls to make the move. Ethical? Nope, but find me a business that big that can claim a 100% track record on ethical soundness.

[M.alex]

Impressive for sure. However I don't think I could do it - you'd always have to be watching your back not quite knowing if you've pissed off the wrong person and they're going to seek physical retribution against you.

[TheRealTimHorton]

In a way its inspirational to get into online retail. :poosie:

[UndrgroundRider]

:dunno:

Scams like these usually have multiple people involved. He's probably the dummy who got stuck holding the bag at the end of the day. I'm surprised it was allowed to go on for so long. The credit card companies are pretty quick to close down merchants with a high percentage of charge backs.

[Onassis]

lol I remember the 780 thread on this guy.

Google his name and see just how fucking shady he is... Reminds me of a successful version of Sean Banajeree