Jeffrey Tinsley
Jeffrey Tinsley is the founder and current Chairman and CEO of MyLife.com. He founded the company in 2002.
Previously, Tinsley was the CEO of GreatDomains.com, Inc. where he created a secondary market for domain names and oversaw the sales of domain names through its site as a marketplace broker. This included the sale of Loans.com for $3 million, ForSaleByOwner.com for $835,000, and Drugs.com for $823,000.[1] GreatDomains.com went on to be acquired by VeriSign in October 2000.[2]
Class Action Lawsuit: John Cherken & Veronica Mendez V. MyLife.com; Jeffrey Tinsley, et alia
In February 2011, Tinsley was named as a defendant in a class action complaint against MyLife.com for false solicitation and fraud.[3] A class action lawsuit filed in the Northern District of California alleges MyLife.com was conceived a scam which falsely baits potential users, or others searching for them, in order to gain access to their bank accounts, and online address books.[4]
The plaintiffs allege violations of the Consumer Legal Remedies Act and the Unfair Competition Law, that the company has engaged in unlawful and unethical business practices, and has enjoyed unjust enrichment.[5]
As per the complaint, Tinsley's scam works like this: Mr. Tinsley illegally concocts user profiles of individuals which he posts on-line, for which bait them into believing several people are looking for them, and for a $5 trial subscription, they are allowed to discover out who they are. Instead, the victims’ credit cards are charged $60 or more, and billed monthly thereafter, and the company provides a list of concocted individuals supposedly in search for you, together with access to an utterly worthless website, of no conceivable value to anyone.[6]
Victims are then billed an additional if should choose to cancel, alleges the complaint. Moreover, the complaint alleges Tinsley's scam reaches into the online address books of his victims, for which to ferret out new potential targets amongst those contacts.
Specifically, the complaint states MyLife CEO Jeffrey Tinsley, a self-proclaimed "serial internet entrepreneur" essentially operates variations of the same garden variety spam-and-scam since at least 2002, when he founded Reunion.com. The company later operated using the names Wink.com and Classmates.com, before taking on its latest dba, MyLife.com in February, 2009.
A similar lawsuit brought against Classmates.com was settled for $9.5 million; the current plaintiffs allege it was re-branded MyLife.com, continuing "essentially the same business plan, and the same false solicitations 'someone' is trying to contact you."
False solicitations "someone" is looking for constitute the modus operandi of Tinsley's business archetypes.
Plaintiffs in this class action seek injunctive relief to stop MyLIfe.com from continuing alleged illegal practices, restitution of wrongfully obtained funds, disgorgement of "all ill-gotten revenues and/or profits," and/or damages.
In spite of legal implications, Tinsley continues unabated, stridently concocting on-line profiles of hapless individuals, for which to scam them into purchasing on-line memberships to his web site.
References
- ^ "Bank of America Buys Loans.com for $3 Million at GreatDomains.com in the Highest Price Ever Paid for a Domain Name at Auction". 2000-02-08. Retrieved 2008-09-30.
- ^ "omain Name Seller Sold - GreatDomains.com acquired by VeriSign Inc". Los Angeles Business Journal. 2000-11-06. Archived from the original on 2008-07-31. Retrieved 2008-09-30.
- ^ Farrell, Glynis (8 February 2011). "Web Scam Reborn as MyLife.com, Class Says". Courthouse News Service. Retrieved 1 June 2011.
- ^ "Class Action Against MyLife.com Alleges "Spam-and-Scam" Practices".
- ^ http://www.courthousenews.com/2011/02/08/MyLife.pdf.
{{cite web}}: Missing or empty|title=(help) - ^ "MyLife.com: People Search Website Sued as a "Scam"".
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