View Single Post
Old 04-22-2015, 04:08 AM  
mikesouth
Confirmed User
 
mikesouth's Avatar
 
Industry Role:
Join Date: Jun 2003
Location: My High Horse
Posts: 6,334
Manwin Fabian and NATS The Walls Are About To Come Crumbling Down

Figured Id go ahead and post it before AVN and XBiz claim they thought of it

From MikeSouth.Com

Some background is required here for thoise that don?t know Fabians history. Fabian Thylmann was the chief engineer of affiliate tracking software called NATS. It was very comprehensive software (still is) that was used by adult webmasters to track and pay affiliates among other things and NATS had lots of features.

Interestingly many of the features of NATS would aid in exactly what German prosecutors have accused Fabian of doing. NATS allows you to specify billers on a per country basis, and that obviously could include making sure that the customer never buys a membership from a company in the same country?. thus avoiding tax. European customers for instance could be sent outside of the EU to buy their membership.

It also works in the other direction? hiring ?amateur? cam operators in Germany, then paying them through an offshore company rather than paying them directly in Germany. This is done specifically to avoid employment taxes and all the legal responsibilities (and contract law implications) that exist if they were to do business directly. By moving it offshore, they can pretty much dictate the terms of the contract, claim to not be liable for workplace or taxation issues, and generally ignore local law.

This explains an awful lot?like why Manwin doesn?t send checks to performers (or anyone really) instead they get wire transfers from banks outside the USA. Tney use this same structure through all of their companies.

Manwin has got to be sweating bullets over Fabians indictment?I told you this is going to shine light into the corners where the cockroaches are?.It's coming.

And if The FSC has a lick of sense they better be making sure their books are squeaky clean too because Manwin is the only thing that has kept them afloat the last few years.

Im reminded of an old John Cougar Melloncamp song?.When The Walls Come Crumbling Down?
__________________
Mike South

It's No wonder I took up drugs and alcohol, it's the only way I could dumb myself down enough to cope with the morons in this biz.
mikesouth is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote