Epass is officially DEAD...Put a fork in it.

[RawAlex]

You can mark this one down as the classic "karma is a bitch" sort of thing.

Making a movie about your amazing life (that isn't really all that amazing, when compared with, I dunno, the Facebook dude), all the while apparently ignoring ignoring issues that face your business is just plain silly.

The real questions can now start: Where did the money come from to make the movie? Who actually has (and had) control of the cash all this time? Did Epass intentionally or unintentionally mislead cardholders before and during this crisis?

Just as importantly, what are the legal implications of the players? Did Epass represent themselves as an American company run by a guy in California, all the while actually being only an offshore shell run by someone else? Where did all the money go?

We also still don't have the answer for the monies on the Visa cards. Is that money in fact there, or is there only enough on hand to cover a single day's worth of transactions? Is all that Visa money present and accounted for, or is it in motion (or in a motion picture)?

Will everyone get their money out of this one, or will the lawsuits go on for a long time to come? I think that programs who wired money into Epass in the days leading up to the shutdown of the card services may have something to work from.