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General Stock Discussion / Photocase STEALING money from contributors
« on: June 18, 2019, 12:46 »
From an official email from Photocase:
"Debt Cut
For all remaining photographer income that has not been claimed yet we offer 50%. This measure is a prerequisite for the survival of the agency. Yes, everyone loses 50% of their unclaimed earnings, but please keep in mind how much you have earned with Photocase so far and will still be earning. "
That means that if I had 300 earned but not withdrawed yesterday, today the balance appears with 150.
Seriously? They are cutting sales with retroactivity!!!
Is this even legal?
"Debt Cut
For all remaining photographer income that has not been claimed yet we offer 50%. This measure is a prerequisite for the survival of the agency. Yes, everyone loses 50% of their unclaimed earnings, but please keep in mind how much you have earned with Photocase so far and will still be earning. "
That means that if I had 300 earned but not withdrawed yesterday, today the balance appears with 150.
Seriously? They are cutting sales with retroactivity!!!
Is this even legal?