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I agree with Tuna. This is more of a widspread problem. From what I've learned from others who have done business more intimately with this company in the past, the original source of the problem isn't fraud, but mere incompetence in managing and running the business. If there is any fraudulent activity happening it's in how the mess has been handled. I'm pretty certain that the support employees and account managers there hate their jobs right now. Just put yourself in their shoes. My guess is that to their very select few million dollar clients they make at least _some_ payments by collecting money from the networks that do pay on time (and possibly from the share of revenue from smaller developers). This is all mostly speculation of course, but somewhat of an educated speculation.I'll wait to see if you can find your post, but one problem with that is that all the previous Moblix statements refer to the payment delays as being a universal and systemic problem. You'd think they wouldn't want to admit to that if it weren't true.
I don't understand your statement that the only way we don't get paid is if Velti is a fraud. Without making any presumptions about Velti in particular, lots of honest businesses go bankrupt without paying their creditors.
Only money that you actually RECEIVE counts as earned income. You can take some solace in the common sense aspect of this. IRS and Tax laws aren't crazy enough to make you pay taxes on money that's not actually in your possession. If they did, how would you pay the taxes on it? Write a check out of thin air?If I haven't setup a payment method for some ad network and have 2-3000$ in unpaid earning does that count towards money earned this year, or do I only have to declare money that I've actually received in my PayPal/Bank account?
I'm guessing I would only have to declare that money in the year I receive it, but thought I'd ask.