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Is Adam Dicker a criminal? You decide.

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This story starts with DNF; a barren wasteland that once was a leading forum within the domain industry. While the forum itself played a huge role in propagating the myth that is Adam Dicker, the story really begins with DNF College in the summer of 2011.

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Updates / Reports
These are in no particular order.

From what I understand, Adam still owes north of $33,000 to previous customers and business partners. As I receive more information, I will update this figure.
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
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A note (LannyB)

Webcorp was started because I had lots of domains and no time to develop them all. I figured why not involve other people and get them as project managers and give them a piece of the profit. We ended up doing lots of work and spending quite a bit of company revenue but the end result was it failed.

I took Lanelle and Rick and Marc, the 3 people managing the project directors to Vegas for Namescon. There they met people they might not have had the chance to meet and made great connections. Hopefully that helped them and will continue to help them in the future. We did the same when I took Rick and Lanelle both to Spain with me where I was speaking.

When we were in Spain, Lanelle, Rick and I spoke. They mentioned they needed some $ to continue and I offered them both $2500 a month hoping that things would pick up.

As time went on we realized that some projects were not right and some people were not right for certain projects. Like with any business we tried shifting around and reduced some people. Things never picked up and we scaled down much further.

It took me way too long to pay Lanelle, Chelsey and Simon. Yes, I kept saying I would pay them and I kept putting them off. At the time I didnโ€™t have the $ because I spent too much on Webcorp and was too embarrassed to tell them. I always planned on paying them it just took way too long. I make no excuse for that.

Those that run businesses know sometimes you take chances and you fail. Sometimes money is great sometimes itโ€™s not, thatโ€™s part of business. They are all paid now and I should have been more up front.

Lanelle is a good person and I have nothing negative to say.

I apologize to Lanelle for poor business decisions that I made and not dealing with her as professionally as it should have been.

Whether you are successful or not, there are always ups and downs running a business.

"Yes, I kept saying I would pay them and I kept putting them off. At the time I didnโ€™t have the $ because I spent too much on Webcorp and was too embarrassed to tell them."

Are you sure you didn't have the money? I just watched a video of yours and the video starts with you saying

"I'm running 12 different businesses myself each making over $50,000 per month."

I will post the video here if you would like to refresh your memory. Did you have the money or not?
 
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Alternatives:

"Adam Dicker at least he's not Bill Cosby"

This will definitely be used in the future, just choked on my food because of it. Finally something tops Namepros Nancy.
 
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He may but does Webcorp.

That's why you incorporate :)
Obviously, but when your employees are sacrificing everything to be part of your team and you know that, then you do WHATEVER IT TAKES to take care of your team.
 
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He may but does Webcorp.

That's why you incorporate :)

That is true, but its also true that the point at which a company doesn't have enough money in the bank to cover/service existing liabilities you are insolvent, and presumably you are legally obliged at that point to seize trading and file for bankruptcy?
 
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He may but does Webcorp.

That's why you incorporate :)

I do not pay company bills with anything other than comnpany money
That is true, but its also true that the point at which a company doesn't have enough money in the bank to cover/service existing liabilities you are insolvent, and presumably you are legally obliged at that point to seize trading and file for bankruptcy?

You can't support a bad company with funds from a good one, if that company is going to make it, it has to stand on it's own.
 
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Things do not add up here.

Questions:

Did you receive a large payment from Emmet Stephenson (Shane's article suggests it could be near $1 million)? If so how was there no money to pay employees what they were promised? Where did the money received from him go? And why did you tell the employees who had revenue share agreements with you that you did not receive anything from Emmet?

Did you renew or purchase any domains while employees were owed backpay? I'm sure this can easily be tracked down through Whois data. If so, how can you say there was a cash flow issue while you were spending on your own behalf?

If you had a cash flow issue why did you not sell a few domains to pay employees as promised? I read somewhere that you said you owned thousands of LLLL.com domains. These are going for at least a couple hundred a pop wholesale in the aftermarkets.

Do you park your tens of thousands of domains? If so, why was your parking revenue not used to pay employees?

Do any of your businesses generate five figures a month like has been claimed? If so, why was this money not used to pay your employees? Or are these claims really just lies to inflate your standing in the eyes of potential customers?

And we haven't even touched on the people who paid for sites that were not delivered and what the story is there. What happened to that money and why wasn't it used to pay your employees.

Mercy man, there's a handful of revenue streams that are factually real, I have trouble seeing how there could have been a lack of cash.

Businesses run into cash issues all the time, but just rereading my questions above I think the lack of cash excuse doesn't pay the smell test. I'd guess that you didn't have cash for them, only after taking care of your own interests, or the lack of cash is just a made up excuse altogether. And for someone who portrays themself as altruistic with regards to newcomers, well, actions speak louder then words. You trying to help people like has been claimed many times, or you trying to hook people, though I think I already know the answer to this.
 
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I do not pay company bills with anything other than comnpany money


You can't support a bad company with funds from a good one, if that company is going to make it, it has to stand on it's own.

That's bs. If you didn't properly fund the company to pay the payroll and now are going to hide behind this while you yourself (as a different entity) had plenty of cash then you really didn't give a damn about those people. YOU promised them $2,500/month, not Webcorp. They were following YOU because they believed in YOU, they weren't following a company. This is just rotten, I'm done here. Hope everyone gets what they have coming to them, both good and bad.
 
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I do not pay company bills with anything other than comnpany money

You can't support a bad company with funds from a good one, if that company is going to make it, it has to stand on it's own.

That's beside the point.

My point was that a director of an LLC (which you claim to have incorporated) is not legally permitted to continue trading past the point at which the company does not have enough money to service its liabilities, which in this case was money owed to employees.

So whatever LLC you incorporated should not even now exist, it became insolvent and should have been liquidated.

You seem to claim that the company is called Webcorp Digital Assets LLC on linkedin, WebCorp LLC on the website, yet no company of either name exists? I don't think you are doing yourself any favours, you keep digging yourself a deeper hole and making yourself look shadier.

Is it even legal to claim to provide a false business name?

ps. I really hope the malware that your website just tried to install on my PC doesn't contain a keylogging script.
 
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You are awesome and I couldn't agree with you more...

Things do not add up here.

Questions:

Did you receive a large payment from Emmet Stephenson (Shane's article suggests it could be near $1 million)? If so how was there no money to pay employees what they were promised? Where did the money received from him go? And why did you tell the employees who had revenue share agreements with you that you did not receive anything from Emmet?

Did you renew or purchase any domains while employees were owed backpay? I'm sure this can easily be tracked down through Whois data. If so, how can you say there was a cash flow issue while you were spending on your own behalf?

If you had a cash flow issue why did you not sell a few domains to pay employees as promised? I read somewhere that you said you owned thousands of LLLL.com domains. These are going for at least a couple hundred a pop wholesale in the aftermarkets.

Do you park your tens of thousands of domains? If so, why was your parking revenue not used to pay employees?

Do any of your businesses generate five figures a month like has been claimed? If so, why was this money not used to pay your employees? Or are these claims really just lies to inflate your standing in the eyes of potential customers?

And we haven't even touched on the people who paid for sites that were not delivered and what the story is there. What happened to that money and why wasn't it used to pay your employees.

Mercy man, there's a handful of revenue streams that are factually real, I have trouble seeing how there could have been a lack of cash.

Businesses run into cash issues all the time, but just rereading my questions above I think the lack of cash excuse doesn't pay the smell test. I'd guess that you didn't have cash for them, only after taking care of your own interests, or the lack of cash is just a made up excuse altogether. And for someone who portrays themself as altruistic with regards to newcomers, well, actions speak louder then words. You trying to help people like has been claimed many times, or you trying to hook people, though I think I already know the answer to this.
 
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I do not pay company bills with anything other than comnpany money


You can't support a bad company with funds from a good one, if that company is going to make it, it has to stand on it's own.

How is it standing on its own if you're getting your employees to keep it afloat with unpaid labor?
 
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That's beside the point.

My point was that a director of an LLC (which you claim to have incorporated) is not legally permitted to continue trading past the point at which the company does not have enough money to service its liabilities, which in this case was money owed to employees.

So whatever LLC you incorporated should not even now exist, it became insolvent and should have been liquidated.

You seem to claim that the company is called Webcorp Digital Assets LLC on linkedin, WebCorp LLC on the website, yet no company of either name exists? I don't think you are doing yourself any favours, you keep digging yourself a deeper hole and making yourself look shadier.

Is it even legal to claim to provide a false business name?

ps. I really hope the malware that your website just tried to install on my PC doesn't contain a keylogging script.

Please PM me that website.
Please don't post it here as it might do more damage to those who are unable to deal with a malware type of situation.
 
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That's beside the point.

My point was that a director of an LLC (which you claim to have incorporated) is not legally permitted to continue trading past the point at which the company does not have enough money to service its liabilities, which in this case was money owed to employees.

So whatever LLC you incorporated should not even now exist, it became insolvent and should have been liquidated.

You seem to claim that the company is called Webcorp Digital Assets LLC on linkedin, WebCorp LLC on the website, yet no company of either name exists? I don't think you are doing yourself any favours, you keep digging yourself a deeper hole and making yourself look shadier.

Is it even legal to claim to provide a false business name?

ps. I really hope the malware that your website just tried to install on my PC doesn't contain a keylogging script.

That was an interesting post, Pug. What's funny is how can there be a Webcorp LLC even involved here, when there is already a Webcorp LLC in California? Maybe being in different countries it doesn't mean beans?


http://webcorp.com/
Web Services
We give our clients the personal attention and amazing web services and software they need to succeed.

http://www.trademarkia.in/company-webcorp-llc-1331183-page-1-2
Trademark Search > Trademark Owners > W > WEBCORP, LLC
WEBCORP, LLC (4 records)
 
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That was an interesting post, Pug. What's funny is how can there be a Webcorp LLC even involved here, when there is already a Webcorp LLC in California? Maybe being in different countries it doesn't mean beans?


http://webcorp.com/
Web Services
We give our clients the personal attention and amazing web services and software they need to succeed.

http://www.trademarkia.in/company-webcorp-llc-1331183-page-1-2
Trademark Search > Trademark Owners > W > WEBCORP, LLC
WEBCORP, LLC (4 records)

LLC's are registered at the state level. So, you can register an LLC in one state even if it already exists in another.
 
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It took me more then 3 hours to read all of this, to conclude it was a good novel before bedtime... ohh my eyes are in pain :P
 
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Adam said it was a trade name,

A trade name, trading name, or business name is a pseudonym used by companies to perform their business under a name that differs from the registered, legal name of the business. Trade names are typically used by companies to conduct their operations under a simpler brand as opposed to using their formal name within all public communications, or when a desired name was not able to be registered by the business operator, or if that business is owned by a separate company, franchisee, or a sole proprietorship.

The distinction between a registered legal name and a "fictitious" business name or trade name is important, as businesses with the latter give no obvious indication of the true identity of the entity that is legally responsible for their operation. Fictitious business names do not create legal entities in and of themselves; they are merely names assumed by existing persons or entities.[1] Legal agreements such as contracts are normally made under the registered legal name of the business or owner, and the legal name must be used whenever a business sues or is being sued.

In the United Kingdom, Ireland, South Africa, Australia, New Zealand, Hong Kong and Zimbabwe (as well as some parts of the United States), the phrase trading as (abbreviated t/a) is used to designate trade names. In Canada and the United States, the phrase "doing business as" (abbreviated DBA, dba, d.b.a. or d/b/a) is used. In English writing, trade names are generally treated as proper nouns.[2]
 
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Thanks, I didn't know that. Ironically, Webcorp in California involves Phillip Ferreira, domainer and runs Tradey.com https://www.linkedin.com/in/philferreira https://twitter.com/philiprferreira

Small world


Look at that. Another making money course. :)

Just another word about LLC's. While your state will allow you to register one that already exists in another state, if you're planning on operating on a national level it's quite possible that the LLC holder in the other state will sue you for using their name. I don't want anyone coming back here to say that I gave them advice that led them into a lawsuit. :)
 
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I felt a little inspired by Lanny sharing her story and I've been personally encouraged by someone who was closely involved, so I wanted to share my experience I had working with Adam. At first I was a little hesitant to put this all out there, but now I think it's necessary to put it out there as a warning.

My experience was a little similar to other stories Iโ€™ve read on here. Everything Iโ€™m relaying here can be verified through email messages, skype messages, or people who were on phone calls with me when talking to Adam. Iโ€™m not making anything up, and my only reason for telling anyone this is to let everyone know that Adam is NOT who he says he is. I hope he gets his stuff together someday and becomes the guy so many people already think he is, but for now, he seems to be pathological liar with no regard for other peopleโ€™s wellbeing or livelihood.

SIDE NOTE: If I use quotes in this post, itโ€™s because Iโ€™m ACTUALLY directly quoting Adam. Iโ€™m not making things up.

Essentially what it comes down to is that Adam proposed that we work together on a project that I was already working on. I was doing SEO for a few dentists, and Adam said he had a background in lead generation for local businesses and he could help expand my business. It seemed like a great way to make more money, since SEO and pay-per-lead programs are separately billed services. I hadnโ€™t done local pay-per-lead work before on my own, but Adam assured me he knew plenty. He assured me that if I found the clients, he could โ€œmake their phone ring.โ€ In fact, hereโ€™s what I wrote down about him in my notebook from our first meeting when I knew very little about him:

***Adam Dicker: owns thousands of domain names โ€“ worked at GoDaddy โ€“ local lead gen expert โ€“ marketed for 3,500 businesses, including 500 dentists โ€“ can make their phone ring off the hook โ€“ as many leads as they can handle***

I donโ€™t know if any of that stuff he told me is true, but he definitely said it to me. I canโ€™t think of any reason why he would say it to me unless to get me to want to work with him. I mean, for someone like me whoโ€™s just a small time marketer, why wouldnโ€™t you work with someone with those credentials? I had just bought a house, my wife and I had our first baby on the way, and I was VERY excited that things seemed to be working out so well for me.

Anyway, 7 months after working with Adam who promised to โ€œmake their phones ring,โ€ he had not delivered so much as ONE lead to any of the 27 dentists I recruited for lead gen services. I spent 100% of the money I had saved up to start this business which was about $20k, all spend on salary and commission to salespeople, marketing efforts, ppc, office lease, and eventually chargeback fees while getting these dentists signed up. I couldnโ€™t generate leads on my own at the scale necessary and with the budget I had set aside, no matter how hard I tried to set up a profitable adwords campaign using the lead pricing that Adam had instructed me to use with the dentists I had signed up. I was stuck on my own, waiting for Adam to come through on his promises. Adam assured me every couple of weeks along the way that things were โ€œmoving alongโ€ or that heโ€™d โ€œhave it taken care of by this weekendโ€ or that he just โ€œneeded to hear back from someoneโ€ before we could get the ball rolling. Iโ€™d have gladly jumped ship at any time if heโ€™d given me a legitimate, honest response telling me that he wouldnโ€™t be able to deliver what he promised. But instead, I just kept going while receiving reassurance such as these DIRECT quotes from him:

โ€œweโ€™re going to make a s**t load of moneyโ€

After asking him every couple of weeks if he was still on board, heโ€™d say โ€œoh yeah, definitely. Letโ€™s get this going.โ€

โ€œweโ€™ve got leads coming in, I just need to log in and check it this weekend.โ€ (referring to his adwords and call tracking account)

About 3 months in to working with him (around November 2014,) he introduced me to one of his VPs (letโ€™s call this person Erik to avoid real names,) one of his project directors in a new company he started called WebCorp. At this point, Adam handed all communication off to Erik, so he was the one to relay to me things like โ€œhe says heโ€™ll take care of it by Mondayโ€ or โ€œhe says heโ€™ll take care of it when heโ€™s back from his trip.โ€ His VP, Erik, was simply caught in the middle, and he did a great job of working on things from his end, but Adam just never came through on anything.

One thing as a side point: At one point along the way (around December 2014,) Adam asked me to be a project manager for him on a separate project. We were building an affiliate site together, and I was supposed to make 20% of revenue off the site. After working on if for over 40 hours, Adam scrapped the project. 20% of $0 is still $0, so I wasnโ€™t paid for any of the work.

By February 2015, after weโ€™d been working together about 6 months, Adam agreed to let me set up an adwords campaign in a shared account with him, and if he could pay for the ads upfront, we could split profits 50/50. A full month later (March 2015) after he had apparently checked the campaign I had put together and said everything looked good and started running the ads, we had spent $700 and got one lead. Most of this money was spent on clicks from people WAY outside of the geographic area around the area we were targeting. He had forgotten to set the correct geographic radius like I asked him to, and I didnโ€™t have correct Admin access to do so. At this point, Adam was apparently very disappointed with the project, and scrapped everything.

So, at this point it had been 7 months that Iโ€™d been working with Adam. Iโ€™d been working with Erik for about 4 months, and Erik could back up my entire story from that point, as we were on calls with Adam at the same time. I was $20k in the hole on this project, my entire savings set aside for the project had been exhausted, and I had a list of 27 clients who were all angry with me because they were never going to get any leads.

By April 2015, after paying back the deposits that I charged each dentist when they signed up, I had to start selling off my office furniture to pay my personal bills. I sold my truck to pay my mortgage that month, and I sold my desk and chairs to pay my wifeโ€™s car payment. I maxed out my credit card to help pay for groceries and diapers and baby food. I was stuck with 100% of the bill on this project spearheaded by Adam, and I was never going to get a dime out of him.

I emailed Adam to see if there might be some other way that I could be involved in his company. I figured there was no way that he would have put me in this position on purpose, and that he would probably be able to see my side of things if I just explained it to him. After all, heโ€™s the one who continually reassured me that things were moving along, and he never once admitted that the project had the potential to fall apart like it had.

I figured since Adam apparently had several companies clearing over $100k per month, there must be a way that someone like me could get involved and make enough money to get by. After emailing Adam, hereโ€™s the exact email response I got from him:

****

Ben,

i do care, let's chat about this tomorrow.

Adam

****

The next day we spoke on Skype, and Adam said heโ€™d get me involved in his company and heโ€™d find a way to โ€œmake [me] tons of money.โ€ I was glad he said that, but I was still skeptical that it would ever pan out.

Within the next 2 months (by June 2015) Adam had offered me a commission-only sales job selling bobble head dolls, and thatโ€™s it. At that point I knew that none of the salespeople working for him had been paid either, so I had no intention of getting involved in that. He did say heโ€™d help me sell a website I own to help me raise some capital and that heโ€™d put me in touch with his broker, but after an initial conversation, his broker fell off the face of the earth too. So, it was clear Adam wasnโ€™t going to help, and that he likely didnโ€™t take any personal responsibility for how things had gone. I emailed him a couple more times, but I didnโ€™t get a response.

Now, itโ€™s been about 14 months since I first started working with Adam, and things are a little bit better, due in no small part to the fact that I work 60 hour weeks to try to salvage a small part of the business I once had before Adam got involved. My goals are no longer to strike it rich, but rather just to pay the bills and somehow climb out of the hole that Adam helped me dig.

I know itโ€™s not 100% Adamโ€™s fault that this is how things turned out. I have to take plenty of responsibility for being so trusting of someone I didnโ€™t know very well. I honestly donโ€™t even know how to put a dollar amount on the damage that working with Adam has caused. If Iโ€™d continued to build my existing business on my own without involving Adam, I suspect I could have built it into something great on my own, but instead I trusted someone that didnโ€™t have any intention of fulfilling his promises. I donโ€™t know if he does this on purpose, or if he just doesnโ€™t know how to tell the truth any more, but I do know though that if he truly did want to help make things right, heโ€™d do more than send a one-sentence email to me to let me know that he cares.

I am certain Iโ€™m far from the worst victim of Adamโ€™s deception, but I still feel like he needs to own up to what heโ€™s doing with his life. For the 9 months that we were in regular communication, I couldnโ€™t believe that Adam would be leading me along with no intention of helping. I figured heโ€™d be honest and let me know if there were a chance that he couldnโ€™t fulfill every promise he made to me, but he was VERY clear that I had nothing to worry about.

So, Adam Dicker, now is your chance to respond. You know Iโ€™m not lying about any of this. Although you have a different perspective on this, I'm not lying about anything. Plenty of people know that everything Iโ€™ve said here is the truth. Youโ€™re messing with peopleโ€™s lives here, and not everyone can blow a ton of money on a failed project and still come out ok. Iโ€™m set back more than 16 months financially with this little venture, and I doubt you lost any sleep over it. If you are sincerely worried about this, then please let me know. You have my email.
 
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Adam said it was a trade name,

A trade name, trading name, or business name is a pseudonym used by companies to perform their business under a name that differs from the registered, legal name of the business. Trade names are typically used by companies to conduct their operations under a simpler brand as opposed to using their formal name within all public communications, or when a desired name was not able to be registered by the business operator, or if that business is owned by a separate company, franchisee, or a sole proprietorship.

The distinction between a registered legal name and a "fictitious" business name or trade name is important, as businesses with the latter give no obvious indication of the true identity of the entity that is legally responsible for their operation. Fictitious business names do not create legal entities in and of themselves; they are merely names assumed by existing persons or entities.[1] Legal agreements such as contracts are normally made under the registered legal name of the business or owner, and the legal name must be used whenever a business sues or is being sued.

In the United Kingdom, Ireland, South Africa, Australia, New Zealand, Hong Kong and Zimbabwe (as well as some parts of the United States), the phrase trading as (abbreviated t/a) is used to designate trade names. In Canada and the United States, the phrase "doing business as" (abbreviated DBA, dba, d.b.a. or d/b/a) is used. In English writing, trade names are generally treated as proper nouns.[2]

You forgot this bit.....

"In some jurisdictions, such as Ontario, when a businessperson writes a trade name on a contract, invoice, or check, he or she must also add the legal name of the business."

So any NDA for a business registered in Ontario, to be valid as a contract, must state the legal name of the business, not just the trading name. That's a crucial element you've missed out there, seeing as that's the topic at hand.

It would be interesting to hear from former employees what the name of the entity is that they have an NDA with, and whether that NDA is the legal trading name (and can be found via a company search). It appears that any contract made with the 'trading name' where the legal name is not provided is not valid.
 
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