Click Here For The Home Page
HOME



Contributing Authors

Lacey Blake

Lurking Reader




CNBC Says "Mike South - South is the Nikki Finke of the porn industry. His blog, which is never short on opinion, is a must-read among industry insiders. His style is unique, but he is also a leading agent of change within the industry. There are few fence-sitters when it comes to opinions about South, but no one ignores him."

Recent Comments

  • New HIV Performer That Tested Positive (45)
    • mharris127: Jilted, I would also like to see whoever stole the money from AIM (and down the line, stole from you and your company) get the five...
    • jilted: Medial necessity and the lab. Doctor sends blood to lab and orders a slew of tests. Doctor also sends patients insurance billing...
    • LurkingReader: “Medically necessary” is the key term and docs are pressured every way possible from insurers and regulators to ensure...
    • mharris127: I don’t know about private plans anymore but Medicare (government insurance for those over 65 or long-term disabled on Social...
  • A First hand Account Of Uncle Peg’s (Michael Whiteacre’s) Day In Court (6)
    • LurkingReader: Who says they got away with it? Saw a judge add contempt of court add end of an abusers sentencing, with caveat that fine be paid...
    • jilted: Whatever you, or anyone in the industry thinks of Shelley, one fact is that Shelley’s best advertising, and best fundraising allies...
    • mharris127: WTF. I am not a fan of Pink Cross Foundation (I actually think Shelley Lubben is a crook, I have seen the tax returns and the expenses...
    • Cindi Spiegler: I’m enjoying this slo-mo train wreck.
  • Porn Addiction Is A Religious Myth (4)
    • jilted: There is no doubting the science that viewing porn stimulates certain areas of the mind, the endorphins, and all that stuff. But lots of...
    • LurkingReader: ‘Porn Addiction’ isn’t new and plenty who never stepped into a church are reddit no fap regulars, SA members or...

Is The Department of Justice Behind The Chase Account Closures.

In researching these account closures it has become apparent that some Chase customers are unaffected and others have had their accounts closed for no apparent reason, despite Chase saying that all had Terms of Service Violations.

What has come up though is a memo from the Federal Deposit Insurance Corporation that lists Pornography (and many others) as a high risk business for defaults.  While the FDIC doesn’t require banks to close these accounts it is seen by some as a recommendation.

But the most interesting thing to come out of this is a Department of Justice initiative called Operation Choke Point.  Operation Choke point is directly targeting Payday lenders, Check Cashing Operations and Third Party Processors.

The adult industry on the internet is largely dependent on third party processors like CCBill, Paxum, Epoch and Zombaio to do billing for adult sites.  According to the Obama Administration and the Department of justice these ” third-party processors that route payments for merchants through banks are ignoring signs of fraud to rake in fees from transactions.

Chase account closures aside the industry should be keeping a very close eye on this as an attack on third party processors is at the very least an indirect attack on adult.