Finance & Business
Cams.com – a global operation fueled by potent marketing reach and strong affiliate programmes
With a strong recruitment and model management system, Cams.com helms an entire department focused on winning over models and studios around the world. The platform with its various interactive offerings connects users intimately with cam models, via services that include texting, calling and teledildonics. From the great minds behind AdultFriendFinder.com, came Streamray, one of the very first camming endeavors back in 1999. Utilizing the famed dating site’s traffic, Streamray eventually evolved into Cams.com, becoming a global operation fueled by potent marketing reach and strong affiliate relationships. To gain valuable insight into the cam company’s staying power and future plans, we had the pleasure to speak with Cams.com CEO – Jon Buckheit and here is what we found out:
Where do you see Cams.com in the next years (2-3 years)?
In the next few years and beyond, we will continue to give models the best camming platform in the business. We will also keep innovating new camming technology to bring our users the best experience possible. We have some big things in store, but you’ll have to wait and see.
Which was the most important thing that helped Cams.com to have this amazing success?
There’s no secret formula to build a great camming site, just a lot of good ideas, hard work, and most importantly, the best cam models in the business.
What was the most significant change that you did in the Cams.com system?
Our most significant change over the last few years has been the transition to Cams 2.0. We overhauled the entire site and continue to work long hours to make our new site the best it can be.
Who is the model that has the biggest experience and has been the longest on your platform? (you can mention her nickname or them.. if they are more)
We have many models who have been with the site for a decade or more. Several have been with us since the very beginning in 2001, and we’ve loved watching them succeed on our site for so many years. Read full article here
Finance & Business
Uncovering the Paxum Bank Behind Trump Media’s $8m Russian-Tied Loan
Federal prosecutors in New York have been investigating whether Donald Trump’s media company violated money laundering statutes by receiving $8 million suspected to have ties to Russia. The inquiry has delayed the potential merger of Trump Media’s Truth Social platform with a blank check company, Digital World (DWAC). This merger would have provided the company with up to $1.3 billion in capital and a stock market listing.
The first $2 million payment to Trump Media arrived in December 2021 from Paxum Bank in the Caribbean. The wire transfer identified Paxum Bank as the beneficial owner, but the promissory note identified an entity called ES Family Trust as the lender. Two months later, ES Family Trust received an unexpected second $6 million payment.
Angel Pacheco, the trustee of ES Family Trust, was simultaneously a director of Paxum Bank. The possible Russian connection being examined by prosecutors centers on Anton Postolnikov, a relation of Putin ally Aleksandr Smirnov. Smirnov held various roles in the Russian government, including Russia’s first deputy minister of justice until 2014.
The opaque nature of the two loans caused alarm in Trump Media. In the spring of 2022, Trump Media’s then-chief financial officer Phillip Juhan weighed returning the money, but it was never returned. The two payments ostensibly came from two separate entities, Paxum Bank and ES Family Trust. The money was wired through Paxum Bank, which has a history of providing banking services for the pornography and sex worker industries.
Trump Media’s since-ousted co-founder turned whistleblower Will Wilkerson alerted the US attorney’s office for the southern district of New York to the payments on 23 October 2022. It is unclear whether Trump, who was the chairman of Trump Media at the time, was aware of the opaque nature of the two loans.
The extent of the exposure for Trump Media and its officers for money laundering remains unclear. Prosecutors need to show that the defendants knew the money was the proceeds of some form of unlawful activity and the transaction was designed to conceal its source. However, the optics of borrowing money from potentially unsavory sources could cloud Trump’s image as he seeks to recapture the White House in 2024.
Sources: The Guardian, Forbes
Finance & Business
BCAMS Magazine, the 15th issue!
The independent livecam industry resource for news and tips & tricks for cam models and camsites.
Finance & Business
BCAMS Magazine, the 14th issue!
The independent livecam industry resource for news and tips & tricks for cam models and camsites.
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