Aussie court case reveals spending habits

Dravyk · 10-07-2003

Sorry Sarettah, but I had to beat you to this one.

http://www.thecouriermail.news.com.au/comm...55E3102,00.html

Court case reveals spending habits of porn baron

Rory Callinan and Ryan Heffernan

08oct03

A CREDIT card processing deal has opened a portal into the extravagant world of Brisbane millionaire cyber porn barons Greg Lasrado and Jon Atherton.

The pair's extraordinary wealth has been laid bare in documents filed in Brisbane's Supreme Court after they fell out over a $1.3 million deal to process credit card billings from the sale of memberships for adult websites.

Thousands of dollars worth of clothing, jewellery and food bought on Mr Lasrado's and his wife's credit card were presented as evidence during the legal action, launched earlier this year.

In a three-day period in March, the card clocked up $568 worth of clothing at Crown Casino in Melbourne, $1092 at the Armani Exchange in Sydney, $11,000 at the Grand Prix corporation in Melbourne and $7455 at Louis Vuitton Duty Free Shop.

On March 28, he was billed $1190 at Fellini Restaurant Main Beach on the Gold Coast which included $200 in tips, $685 in clothing from Mitchell Ogilvie's clothing store in Brisbane and $1625 from fashion shop XILE in Brisbane.

His wife, Sonia, spent $695 at a pen shop in Melbourne, $602 at Chanel in Melbourne and paid a $198 vet bill at the Waterworks Road Vet Surgery at Ashgrove in Brisbane's inner west.

The credit card statements were submitted to the court as part of legal action between companies associated with Mr Atherton and Mr Lasrado. There is no suggestion Mr Lasrado's credit card is connected to the billings.

The legal action was prompted soon after Mr Lasrado proposed a scheme to help bill 92,982 credit cards for Spotwire – a company associated with Mr Atherton. The bills were from the sale of $US21 adult site memberships.

Spotwire alleged they never received the results of billings from the 92,982 cards – which prompted them to issue a statutory creditor's demand to Mr Lasrado's, company GDL Investments (Qld). The demand was for more than $US1.3 million.

GDL and Mr Lasrado denied impropriety and applied to the Supreme Court in Brisbane to set aside the demand; Spotwire sought details of Mr Lasrado's and GDL's financial transactions.

Spotwire alleged GDL did not supply adequate financial details and filed an application alleging contempt of court.

Supreme Court Judge Phil McMurdo dismissed the application, ordered Spotwire to pay costs and noted in his judgment the "not entirely honest" procedures involved in the overseas credit card processing operation involving Nathan.

Mr Lasrado has rejected any impropriety in the deal. Mr Atherton declined to comment. Spotwire has appealed against Justice McMurdo's decision.

10-07-2003	#1
Dravyk Easy Like Sunday Morning Want to see your own Advertising Here! Join Date: Oct 2002 Location: Behind a couch, somewhere in Philly Posts: 7,628	Sorry Sarettah, but I had to beat you to this one. http://www.thecouriermail.news.com.au/comm...55E3102,00.html Court case reveals spending habits of porn baron Rory Callinan and Ryan Heffernan 08oct03 A CREDIT card processing deal has opened a portal into the extravagant world of Brisbane millionaire cyber porn barons Greg Lasrado and Jon Atherton. The pair's extraordinary wealth has been laid bare in documents filed in Brisbane's Supreme Court after they fell out over a $1.3 million deal to process credit card billings from the sale of memberships for adult websites. Thousands of dollars worth of clothing, jewellery and food bought on Mr Lasrado's and his wife's credit card were presented as evidence during the legal action, launched earlier this year. In a three-day period in March, the card clocked up $568 worth of clothing at Crown Casino in Melbourne, $1092 at the Armani Exchange in Sydney, $11,000 at the Grand Prix corporation in Melbourne and $7455 at Louis Vuitton Duty Free Shop. On March 28, he was billed $1190 at Fellini Restaurant Main Beach on the Gold Coast which included $200 in tips, $685 in clothing from Mitchell Ogilvie's clothing store in Brisbane and $1625 from fashion shop XILE in Brisbane. His wife, Sonia, spent $695 at a pen shop in Melbourne, $602 at Chanel in Melbourne and paid a $198 vet bill at the Waterworks Road Vet Surgery at Ashgrove in Brisbane's inner west. The credit card statements were submitted to the court as part of legal action between companies associated with Mr Atherton and Mr Lasrado. There is no suggestion Mr Lasrado's credit card is connected to the billings. The legal action was prompted soon after Mr Lasrado proposed a scheme to help bill 92,982 credit cards for Spotwire – a company associated with Mr Atherton. The bills were from the sale of $US21 adult site memberships. Spotwire alleged they never received the results of billings from the 92,982 cards – which prompted them to issue a statutory creditor's demand to Mr Lasrado's, company GDL Investments (Qld). The demand was for more than $US1.3 million. GDL and Mr Lasrado denied impropriety and applied to the Supreme Court in Brisbane to set aside the demand; Spotwire sought details of Mr Lasrado's and GDL's financial transactions. Spotwire alleged GDL did not supply adequate financial details and filed an application alleging contempt of court. Supreme Court Judge Phil McMurdo dismissed the application, ordered Spotwire to pay costs and noted in his judgment the "not entirely honest" procedures involved in the overseas credit card processing operation involving Nathan. Mr Lasrado has rejected any impropriety in the deal. Mr Atherton declined to comment. Spotwire has appealed against Justice McMurdo's decision. __________________ All Of 'Em Mainstream Webmasters New: WebmasterConventions.com