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The linked article links to another article describing the CEO of OnlyFans as facing accusations of theft and fraud[0]. In reality, it appears the owner of Onl
by ianhawes 5y ago
The linked article links to another article describing the CEO of OnlyFans as facing accusations of theft and fraud[0].
In reality, it appears the owner of OnlyFans also owns MyFreeCams, which is a massive cam platform. The actual complaints of theft and fraud are accusations of randomly frozen accounts. Companies like PayPal and even banks periodically freeze accounts, but the CEOs of their company are not targeted in a manner such as the linked article.
Further, it is not uncommon to freeze accounts for suspected fraud. Cam platforms are ripe for money laundering with stolen credit cards. Thieves will steal a credit card and use it to pay a model on the platform that they’re working with. The model is paid weeks later and they’ve successfully laundered the money. It does not surprise me that some false positives happen, it’s a pretty tricky cat and mouse game.
The article also mentioned requiring people to switch to a bank in Belize. It’s not surprising given that adult payments and adult companies are routinely targeted by puritanical US and International financial institutions.
[0] https://forensicnews.net/onlyfans-faces-allegations-of-fraud-theft/ https://forensicnews.net/onlyfans-faces-allegations-of-fraud...