Cockholster gets 11 years in prison...

[sarettah]

http://www.tuscaloosanews.com/apps/pbcs.dl...0/APA/405101030 (http://www.tuscaloosanews.com/apps/pbcs.dll/article?AID=/20040510/APA/405101030)

Man Gets 11 Years in L.A. Porn Fraud

The Associated Press
May 10, 2004

A man who admitted illegally using credit card information for about 900,000 people to sign them up for pornographic Web sites was sentenced Monday to more than 11 years in prison.

Kenneth H. Taves, 52, was also ordered to pay restitution for the scheme, which prosecutors estimated netted him $37.5 million.

About $12.8 million has been recovered, and another $8.1 million is believed to be in banks in the South Pacific island of Vanuatu. The rest of the money has not been found, said Assistant U.S. Attorney Brent Whittlesey.

Taves, of Malibu, ran a business called NetFill that provided access to porn sites for $19.95 a month. In 1997 and 1998, he charged that fee to about 900,000 credit cards of people who had never used the service, prosecutors said. He bought the credit card information from a Southern California bank for $5,000.

Taves, who pleaded guilty to the fraud charges in 2001, was sentenced to 11 years and three months in prison.

The sentencing delay was due to efforts to determine the full amount lost in the case and because Taves switched attorneys several times, officials said.

Taves' lawyer did not immediately return a call seeking comment Monday.

[CuriousToyBoy]

Was he the first prosecuted on that sort of volume of fraud?

11 years.

Whispers on the grapevine says he may not be the last, and next time it may be for significantly more - in terms of $ value AND prospective jail time.

:ph34r:

[pushpills]

if he only serves 3 years and then jets off to the islands where his 10-20 mill are sitting, it's not too bad of a deal.


5 grand to get 900k credit card numbers? thats tempting.

[CuriousToyBoy]

Originally posted by pushpills@May 11 2004, 05:33 PM
if he only serves 3 years and then jets off to the islands where his 10-20 mill are sitting, it's not too bad of a deal.


5 grand to get 900k credit card numbers? thats tempting.
VERY interesting perspective!

:awinky:

Wanna go halves?

:lol:

[cj]

900 000 signups?!??!

'in 97 and 98' so that's 2 years ... which makes that 1233 signups per day every day for 2 years

:blink:

[wig]

Ken Taves bought the positive credit card database from Charter Pacific Bank. CPB was a merchant account player for adult back in the day.

He was purportedly going to use it for fraud scrubbing. He instead started billing them all.

[Trev]

Originally posted by wig@May 11 2004, 01:14 PM
Ken Taves bought the positive credit card database from Charter Pacific Bank. CPB was a merchant account player for adult back in the day.

He was purportedly going to use it for fraud scrubbing. He instead started billing them all.
I know it's wrong but I just can't stop thinking OUTSTANDING!!! over and over in my head.... :)

[CuriousToyBoy]

Originally posted by Trev+May 11 2004, 09:57 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Trev @ May 11 2004, 09:57 PM)</td></tr><tr><td id='QUOTE'><!--QuoteBegin--wig@May 11 2004, 01:14 PM
Ken Taves bought the positive credit card database from Charter Pacific Bank. CPB was a merchant account player for adult back in the day.
He was purportedly going to use it for fraud scrubbing. He instead started billing them all.

I know it's wrong but I just can't stop thinking OUTSTANDING!!! over and over in my head.... :)[/b][/quote]
Yeah... it's sorta like that ain't it...

:wnw:

[nlphoto]

Originally posted by Trev+May 11 2004, 04:57 AM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Trev @ May 11 2004, 04:57 AM)</td></tr><tr><td id='QUOTE'><!--QuoteBegin--wig@May 11 2004, 01:14 PM
Ken Taves bought the positive credit card database from Charter Pacific Bank. CPB was a merchant account player for adult back in the day.

He was purportedly going to use it for fraud scrubbing. He instead started billing them all.
I know it's wrong but I just can't stop thinking OUTSTANDING!!! over and over in my head.... :)[/b][/quote]
Sometimes I wish I had the cujones to attempt something like this...

If someone were to start a company named "Maintenance Fee"
and bang people's cards for $5.00 on every last day of the month,
what percentage of people wouldn't even notice ??


:matey:

[CuriousToyBoy]

Originally posted by nlphoto+May 12 2004, 04:04 AM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (nlphoto @ May 12 2004, 04:04 AM)</td></tr><tr><td id='QUOTE'>Originally posted by -Trev@May 11 2004, 04:57 AM
<!--QuoteBegin--wig@May 11 2004, 01:14 PM
Ken Taves bought the positive credit card database from Charter Pacific Bank. CPB was a merchant account player for adult back in the day.

He was purportedly going to use it for fraud scrubbing. He instead started billing them all.
I know it's wrong but I just can't stop thinking OUTSTANDING!!! over and over in my head.... :)
Sometimes I wish I had the cujones to attempt something like this...

If someone were to start a company named "Maintenance Fee"
and bang people's cards for $5.00 on every last day of the month,
what percentage of people wouldn't even notice ??


:matey:[/b][/quote]
Been done before with over an 80% success rate - according to those in the know.

But that was a LONG time ago.

I have the cajones AND I am a gambler, but the odds these days ain't worth the risk.

Had enough experience with cell mates named Bubba already in this life.

But that was a LONGER time ago.

:stout:

[SykkBoy]

Originally posted by Trev+May 11 2004, 06:57 AM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Trev @ May 11 2004, 06:57 AM)</td></tr><tr><td id='QUOTE'><!--QuoteBegin--wig@May 11 2004, 01:14 PM
Ken Taves bought the positive credit card database from Charter Pacific Bank. CPB was a merchant account player for adult back in the day.

He was purportedly going to use it for fraud scrubbing. He instead started billing them all.
I know it's wrong but I just can't stop thinking OUTSTANDING!!! over and over in my head.... :)[/b][/quote]
I'm with you on that...

[Uri]

Originally posted by nlphoto+May 11 2004, 09:04 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (nlphoto @ May 11 2004, 09:04 PM)</td></tr><tr><td id='QUOTE'>Originally posted by -Trev@May 11 2004, 04:57 AM
<!--QuoteBegin--wig@May 11 2004, 01:14 PM
Ken Taves bought the positive credit card database from Charter Pacific Bank. CPB was a merchant account player for adult back in the day.

He was purportedly going to use it for fraud scrubbing. He instead started billing them all.
I know it's wrong but I just can't stop thinking OUTSTANDING!!! over and over in my head.... :)
Sometimes I wish I had the cujones to attempt something like this...

If someone were to start a company named "Maintenance Fee"
and bang people's cards for $5.00 on every last day of the month,
what percentage of people wouldn't even notice ??


:matey:[/b][/quote]
I read this forum several times and from the articles that I have posted here about Stephen Cohen, I am almost convinced that in order to make it big, you have to engage in this kind of activity.

This guy got caught and he is off to jail. Cohen on the other hand got away with the money and from everything that I have read he is now worth billions.

I guess the moral to the story is if you only fuck one person then it’s ok. Does this sound right to you? I guess I am confused.


Uri

[juliansosa]

Originally posted by Uri+May 11 2004, 08:32 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Uri @ May 11 2004, 08:32 PM)</td></tr><tr><td id='QUOTE'>Originally posted by -nlphoto@May 11 2004, 09:04 PM
Originally posted by -Trev@May 11 2004, 04:57 AM
<!--QuoteBegin--wig@May 11 2004, 01:14 PM
Ken Taves bought the positive credit card database from Charter Pacific Bank. CPB was a merchant account player for adult back in the day.

He was purportedly going to use it for fraud scrubbing. He instead started billing them all.
I know it's wrong but I just can't stop thinking OUTSTANDING!!! over and over in my head.... :)
Sometimes I wish I had the cujones to attempt something like this...

If someone were to start a company named "Maintenance Fee"
and bang people's cards for $5.00 on every last day of the month,
what percentage of people wouldn't even notice ??


:matey:
I read this forum several times and from the articles that I have posted here about Stephen Cohen, I am almost convinced that in order to make it big, you have to engage in this kind of activity.

This guy got caught and he is off to jail. Cohen on the other hand got away with the money and from everything that I have read he is now worth billions.

I guess the moral to the story is if you only fuck one person then it’s ok. Does this sound right to you? I guess I am confused.


Uri[/b][/quote]
NO you do not have to go that route to make it big.

[XXXPhoto]

Originally posted by wig@May 11 2004, 03:14 AM
... He was purportedly going to use it for fraud scrubbing. He instead started billing them all.
Well from reading it, technically he did use list for fraud scrubbing...
He provided the fraud and someone else did the scrubbing... lol

Does make for interesting question...

How much prison time would you be willing to do for $10mil tax free?

My first response would be "As little as possible" but hard to say how many
years I'd be willing to part with... Would guess that older you are the less
'time' one would be willing to spend...

[gonzo]

Originally posted by Uri@May 11 2004, 11:32 PM
I guess the moral to the story is if you only fuck one person then it’s ok. Does this sound right to you? I guess I am confused.


Uri
Popular belief around here is you can fuck as many people as you want as long as you pay off your friends...

[CuriousToyBoy]

Originally posted by gonzo+May 12 2004, 03:19 PM--></span><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (gonzo @ May 12 2004, 03:19 PM)</td></tr><tr><td id='QUOTE'><!--QuoteBegin--Uri@May 11 2004, 11:32 PM
I guess the moral to the story is if you only fuck one person then it’s ok. Does this sound right to you? I guess I am confused.
Uri

Popular belief around here is you can fuck as many people as you want as long as you pay off your friends...[/b][/quote]
Never a truer word spoken Gonz, but what a suck of an attitude to have, and WAY too many examples of it in action.

:headwall: