12DailyPro refund and chargeback notice from the receiver

Just to reiterate, here are information sent on September 3 by Thomas F. Lennon, Court-appointed receiver for 12DailyPro (12DP), regarding refunds and chargebacks:

• investors who used credit cards for a credit transaction are not prohibited from initiating a charge back but the rules of the credit card issuer regarding the chargeback period determine the time allowed;

• investors that used checks, electronic fund transfers and debit cards are prohibited from initiating a charge back by the Orders issued by the Court;

• all investors and creditors are enjoined from initiating any legal action against 12Daily Pro, LifeClicks or Charis Johnson;

• all investors — foreign or domestic, used EMO, egold, or Stormpay, etc. — will be treated equally under the law;

• any distribution plan proposed by the Receiver will be done on an equitable basis regardless of the length of time the investor was invested in 12DP.

Actual text from the Receiver' report:

As previously noted in the letters sent to investors/members, investors who used credit cards for a credit transaction are not prohibited from initiating a charge backthrough their credit card issuer. Investors that used checks, electronic fund transfers and debit cards are prohibited from initiating a charge back by the Orders issued by the Court. The Orders are also posted on the web site. Please note that in many situations the period within which you could have initiated a charge back may have passed. The rules of the credit card issuer determine the time allowed. The rights of consumers to dispute electronic transfers are limited to unauthorized debits or errors in the amount of debits, but do not provide a right to reverse a transfer because the consumer has discovered thatthe recipient was perpetrating a fraud. Moreover, all investors and creditors are enjoined from initiating any legal action against 12Daily Pro, LifeClicks or Charis Johnson.

All investors, foreign and domestic will be treated equally under the law. Investors who used EMO and E-Gold as payment processors will be treated the same as investors that used StormPay. Any distribution plan proposed by the Receiver will be done on an equitable basis. The length of time an investor was invested in the program will not be a considered in distributions.

[tags]12DailyPro, 12DP, 12DailyPro scam, Thomas F. Lennon, autosurf, refund, chargeback[/tags]

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