• Last Updated:
  • Oct 17th, 2017 12:05 pm
Jr. Member
Feb 18, 2014
145 posts
24 upvotes
smokescreen15 wrote:
Oct 3rd, 2017 4:25 pm
I think you nailed it. I'm certain this is just an elaborate ponzi scheme. Generating fake merchant statements and filtering funds around until the scheme has collapsed. Has anyone tried to confirm the existence of merchants from whom you collect fees from? I would start there, since it will be easy to confirm if the merchant A: Exists and B: is using Debit Directs services.

Debit Direct doesn't show up on any registered ISO list with Visa or Mastercard. It doesn't mean they are not legit, but most processors will register with the 2 largest credit card companies if they are involved with electronic payments.
https://www.mastercard.com/us/company/e ... -15-14.pdf
https://www.visa.com/splisting/searchGrsp.do
As well, they seem to have thousands of merchants, processing significant amounts of transactions, yet I've never run across them...
Deal Addict
User avatar
Aug 16, 2009
1386 posts
258 upvotes
gamechanger wrote:
Oct 3rd, 2017 7:18 pm
As well, they seem to have thousands of merchants, processing significant amounts of transactions, yet I've never run across them...
Exactly. I can't think of any merchant who would benefit from this structure. Only convenience stores, MIGHT, still have debit surcharges, but their business is so minimal. Most of them just have a 50/50 split on surcharge fees with their processor.
Newbie
Sep 28, 2017
3 posts
What happened to Facebook group ? Can’t find. Invite back in please !
Newbie
Oct 7, 2017
3 posts
Jim Gaudry is the guy who sold me the machines, I purchased for over $250,000 of those...
Deal Addict
User avatar
Aug 16, 2009
1386 posts
258 upvotes
mfrance2 wrote:
Oct 8th, 2017 1:28 pm
Jim Gaudry is the guy who sold me the machines, I purchased for over $250,000 of those...
You bought 250k worth of debit machines?
Newbie
Oct 7, 2017
3 posts
I spoke to detective Wilson in Toronto this am. At this point they are trying to determine which police departement is in charge of this… He said the immediate step is to report our case to the local police in each region we live in. He said to bring to the police a copy and proof of your payment. We will be eventiually called once they know which police department is in chatrge of this and we will be given further instructions…

He also mentioned there are a few groups of investors on FACEBOOK . I actually found those 2 below.…I recommend to join those groups so we can be informed on which collective action can be done. The police is one thing, but our main solution is to seek legal advice at this point.

https://www.facebook.com/DebitDirect/
https://www.facebook.com/groups/1299290116847149/


Marie
Newbie
Sep 28, 2017
3 posts
Perhaps you could invite me in to second group. Can’t access . First group. I too am in for 100 machines. Thanx
Newbie
Oct 11, 2017
2 posts
Jim Gaudry sold me mine as well. Have not been able to get in contact with him or Brian Conneybeare. I will also be contacting the police.
Newbie
Oct 11, 2017
2 posts
More information regarding this is being shared on the Debit Direct Facebook group. You can also contact this officer who is on the case.

Detective Michael Streng #8577
Toronto Police Service Financial Crimes Unit
Corporate Section – Intake Office
416-808-7332 (Bus.)
416-808-7302 (fax.)
michael.streng@torontopolice.on.ca
Newbie
Oct 16, 2017
2 posts
This just blows my mind. I was about to invest with DB a few months ago, but something came up and I told Jim Gaudry I would have to postpone it until September. I still had Gaudry's number, but when I was ready to invest, their website was down. I reached Jim Gaudry once last month and he said they were merging with some Brazilian company and that they would be ready for new investors by October 15.

It all sounded a little too good to be true.

Paul Hammond, sorry if I spooked you when I sent you an email out of the blue. I saw your email here and thought you could shed some light on all this. I should have registered and posted first.
Last edited by WTFhappened on Oct 17th, 2017 11:43 am, edited 1 time in total.
Newbie
Oct 16, 2017
2 posts
mfrance2 wrote:
Oct 11th, 2017 5:25 pm
I spoke to detective Wilson in Toronto this am. At this point they are trying to determine which police departement is in charge of this… He said the immediate step is to report our case to the local police in each region we live in. He said to bring to the police a copy and proof of your payment. We will be eventiually called once they know which police department is in chatrge of this and we will be given further instructions…

He also mentioned there are a few groups of investors on FACEBOOK . I actually found those 2 below.…I recommend to join those groups so we can be informed on which collective action can be done. The police is one thing, but our main solution is to seek legal advice at this point.

https://www.facebook.com/DebitDirect/
https://www.facebook.com/groups/1299290116847149/


Marie
I sent in a request for the second group, but I got no response.

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