Merchant Account Underwriting Tools

Moneymaker Indeed!

Mucho dinero made acqui.

MICHAEL BRUCE MONEYMAKER, a/k/a Bruce Moneymaker, Mike Smith, and Michael Bruce Millerd, individually, as an officer and director of the corporate defendants, and also doing business as Fortress Secured,2 DANIEL DE LA CRUZ, individually, as an officer and director of the corporate defendants, and also doing business as Fortress secured, BELFORT CAPITAL VENTURES, INC., a

“Since at least August 2009 Defendants have been engaging in a common enterprise in which they charge consumer’s bank accounts without consumer’s knowledge or consent.
Defendants enroll consumers in a variety “continuity programs,” programs for which they charge consumers an initial enrollment fee as well as recurring fees on a weekly or monthly basis.
Defendants have used various names for their continuity programs including “Unigard,” “Freedom Subscriptions,” “Illustrious Perks,” “Select Platinum Credit,” and “IKrypotinic Credt.”

These nice folks were hitting bank accounts directly. Did they also have credit card merchant accounts? You might want to check on that Underwriters.
from: http://www.ftc.gov/opa/2011/04/moneymaker.shtm.

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