Author Topic: Shutterstock, Rex & DACS Fraud Scandal! (Read 17217 times)

HalfFull · « **on:** December 19, 2015, 13:47 »

Anyone who submits to Rex, owned by Shutterstock, may want to read this article from the EPUK. Basically, an emoployee/s of Rex have been filling in and Fraudulently signing forms claiming the DACS money without the Contributors permission http://www.epuk.org/news/rex-a-gross-betrayal-of-trust And we're supposed to trust Image Libraries! I just hope the Police are involved and a proper investigation is carried out!

Microstockphoto · « **Reply #1 on:** December 19, 2015, 13:56 »

shuttertock is publicly traded, this could have ramifications

Justanotherphotographer · « **Reply #2 on:** December 19, 2015, 16:42 »

Oh. My. God.

This is big

YadaYadaYada · « **Reply #3 on:** December 19, 2015, 20:54 »

Politics! BAPLA wants to take over from DACS and control distribution. They want to grab money and power claiming it's on behalf of members. What will follow is only BAPLA members will be paid.

Rex did this before they were owned by SS. Read the whole story before making a wrong conclusion or accusing people. This is a partial investigation of Rex and one employee embezzling with forgery, but people jump to accusing SS?

Read every word, then read this. http://tinyurl.com/qavypbt

etudiante_rapide · « **Reply #4 on:** December 19, 2015, 22:33 »

Quote from: YadaYadaYada on December 19, 2015, 20:54

Politics! BAPLA wants to take over from DACS and control distribution. They want to grab money and power claiming it's on behalf of members. What will follow is only BAPLA members will be paid.

Rex did this before they were owned by SS. Read the whole story before making a wrong conclusion or accusing people. This is a partial investigation of Rex and one employee embezzling with forgery, but people jump to accusing SS?

Read every word, then read this. http://tinyurl.com/qavypbt

naturally, there is a lot of money to grab from ss.
to be honest, i don't trust those "collective" things like that collecting money on "our" behalf. much like those
non_profit organizations , charity/donation, musician union and other union, whatever .. that put money first into their own
admin's pocket and by the time the money reaches the ppl there is like 10% of the actually amount you donate or they collected.
..

Justanotherphotographer · « **Reply #5 on:** December 20, 2015, 01:55 »

There hasn't been an accusation of embezzling as far as I know. The beneficiary of the fraud was Rex not the person forging the signatures.

HalfFull · « **Reply #6 on:** December 20, 2015, 03:39 »

Quote from: Justanotherphotographer on December 20, 2015, 01:55

There hasn't been an accusation of embezzling as far as I know. The beneficiary of the fraud was Rex not the person forging the signatures.

Correct. There has been no evidence put forward that would suggest the money left the company. And yes it does still relate to SS as they are now the parent company and also the ones that were supposed to carry out due diligence when buying Rex (Auditors checking accounts and financials). Until further investigations are carried out, we have no way of knowing that this practice was also carried out this year. Too early to say given the DACs payments are still being distributed by agencies that gained consent from contributors (supposedly).

I wouldn't be surprised if it was repeated this year and not just by SS. The industry needs to clean it's act up and remember, it's the artists that produce the goods that they make their millions off.... it's not a good idea to shaft / bite the hand that feeds you!

HalfFull · « **Reply #7 on:** December 20, 2015, 03:53 »

Quote from: YadaYadaYada on December 19, 2015, 20:54

Politics! BAPLA wants to take over from DACS and control distribution. They want to grab money and power claiming it's on behalf of members. What will follow is only BAPLA members will be paid.

Rex did this before they were owned by SS. Read the whole story before making a wrong conclusion or accusing people. This is a partial investigation of Rex and one employee embezzling with forgery, but people jump to accusing SS?

Read every word, then read this. http://tinyurl.com/qavypbt

I've read both documents and my original statement still stands,

"Anyone who submits to Rex, owned by Shutterstock, may want to read this article from the EPUK. Basically, an emoployee/s of Rex have been filling in and Fraudulently signing forms claiming the DACS money without the Contributors permission "

At no point did I say it was a SS employee, only that Rex was owned by SS.

I certainly wouldn't trust any of them as far as I could throw them but, DACs is probably the most trustworthy of them. EPUK has done a great job in the past for standing up for photographers rights so I have no doubt they will continue this battle on until we have answers. The trouble is, Libraries & Photography councils etc all see photographers as a way to make money and when they see this big pile of money, they all want a bit of it even though it's not intended for them.

It all feels like there needs to be some proper regulation put in place but, then the politicians will get involved and no doubt they'd add quangos with an agenda to filter some of that pile of cash towards them.... for managing it of course!

In either event, Fraud has been committed and Rex (SS) needs to open their accounts to investigation to ensure this is not a wide spread thing within their company otherwise trust & share prices could tumble further!

Rinderart · « **Reply #8 on:** December 20, 2015, 14:13 »

Whoever is found to be responsible should do time. and all there bosses fired. SEND A MESSAGE!!!!!!

VB inc · « **Reply #9 on:** December 20, 2015, 20:48 »

How convenient for 1 person to forge all signatures on behalf of himself? No... of course on behalf of the company who is robbing others. There are so many ways to steal from people when there is very little consequences for the parties involved. This time it's just one person fired. I bet that was a pre arranged deal anyways. Investigate the fired person and find out who really is the mastermind behind this ponzi scheme.

noodle · « **Reply #10 on:** December 20, 2015, 21:03 »

How deep does the rabbit hole go?

w7lwi · « **Reply #11 on:** December 20, 2015, 21:28 »

Was just checking my Alamy stats and noticed they paid me my DACS money last Thursday (12/17). I didn't realize the form I signed last year was valid for all future years. No problem as I'd likely sign another form. Nice surprise.

YadaYadaYada · « **Reply #12 on:** December 20, 2015, 21:30 »

SS acquired Rex in January 2015, the Rex offense occurred in 2014. The person PERSON has been fired. There's all fraud, embezzling, and nothing of any agency scandal.

This is going to end up exposed as more about BAPLA trying to take over the payback and take that percentage away from DACS who has managed it for years. Also BAPLA will only protect BAPLA members. They want to be a trade union and grab your membership fees, for their own. Don't be a sucker for this political battle that BAPLA is behind.

Read This http://www.bapla.org.uk/en/pages/what-we-do.html

This is a power struggle between what DACS does and BAPLA wants to grab.

Justanotherphotographer · « **Reply #13 on:** December 21, 2015, 03:36 »

Yes it is related to the BAPLA cash grab but is also not to do with individual fraud but an agency scandal as the beneficiary was the agency. I think you are correct about what you are saying regarding BAPLA and their intensions.

Microstockphoto · « **Reply #14 on:** December 21, 2015, 03:48 »

I dont think ss has any involvement in the fraud either but they own rex so they are ultimately responsible for what is going on there

HalfFull · « **Reply #15 on:** December 21, 2015, 11:01 »

Quote from: Microstockphoto on December 21, 2015, 03:48

I dont think ss has any involvement in the fraud either but they own rex so they are ultimately responsible for what is going on there

Exactly. And, let's see if the same practice was continued this year as well! It's probably a little early to tell as payments are still being/yet to be made by agencies *cough* claiming on behalf of contributors. Let's not forget, this money wasn't going into the persons pocket who carried out the forging so why do it? There are a lot of questions that need answering and SS has to open it's books for investigation otherwise this will hang around them like a fart in an astronauts suit!

YadaYadaYada · « **Reply #16 on:** December 21, 2015, 11:45 »

Quote from: HalfFull on December 21, 2015, 11:01

Quote from: Microstockphoto on December 21, 2015, 03:48
I dont think ss has any involvement in the fraud either but they own rex so they are ultimately responsible for what is going on there

Exactly. And, let's see if the same practice was continued this year as well! It's probably a little early to tell as payments are still being/yet to be made by agencies *cough* claiming on behalf of contributors. Let's not forget, this money wasn't going into the persons pocket who carried out the forging so why do it? There are a lot of questions that need answering and SS has to open it's books for investigation otherwise this will hang around them like a fart in an astronauts suit!

I want to see results of the accusations and a investigation just like you. Haven't received my DACS for this year, it's direct deposit into my account. Makes me suspicious why an agency would get paid, not to artist. Makes me suspicious why BAPLA would want to collect for us when membership costs £350.00 per annum for associate.

cathyslife · « **Reply #17 on:** December 21, 2015, 13:36 »

Quote from: HalfFull on December 21, 2015, 11:01

Exactly. And, let's see if the same practice was continued this year as well! It's probably a little early to tell as payments are still being/yet to be made by agencies *cough* claiming on behalf of contributors. Let's not forget, this money wasn't going into the persons pocket who carried out the forging so why do it? There are a lot of questions that need answering and SS has to open it's books for investigation otherwise this will hang around them like a fart in an astronauts suit!

LOL!

etudiante_rapide · « **Reply #18 on:** December 21, 2015, 14:36 »

Quote from: YadaYadaYada on December 21, 2015, 11:45

I want to see results of the accusations and a investigation just like you. Haven't received my DACS for this year, it's direct deposit into my account. Makes me suspicious why an agency would get paid, not to artist. Makes me suspicious why BAPLA would want to collect for us when membership costs £350.00 per annum for associate.

exactly. it's like starting a war and telling the world we need to finance the production of scuds,etc...
the photographers need to be a member to be "protected"; reminds me of the Union, who plots
against the Corporation and tells the lowly paid employees they are underpaid and overwork, so quick join the Union. now we see the Union bosses still collecting big pay checks while continuing to tell the overpaid underworked Union members to go on strike every year for strike pay.
same story different ppl, but there is a fool born every minute who believes the Union and all such
things are there to work for your benefit

HalfFull · « **Reply #19 on:** December 21, 2015, 17:40 »

Quote from: YadaYadaYada on December 21, 2015, 11:45

Quote from: HalfFull on December 21, 2015, 11:01
Quote from: Microstockphoto on December 21, 2015, 03:48
I dont think ss has any involvement in the fraud either but they own rex so they are ultimately responsible for what is going on there

Exactly. And, let's see if the same practice was continued this year as well! It's probably a little early to tell as payments are still being/yet to be made by agencies *cough* claiming on behalf of contributors. Let's not forget, this money wasn't going into the persons pocket who carried out the forging so why do it? There are a lot of questions that need answering and SS has to open it's books for investigation otherwise this will hang around them like a fart in an astronauts suit!

I want to see results of the accusations and a investigation just like you. Haven't received my DACS for this year, it's direct deposit into my account. Makes me suspicious why an agency would get paid, not to artist. Makes me suspicious why BAPLA would want to collect for us when membership costs £350.00 per annum for associate.

I've had mine but I applied direct. I just keep a record of what is sold and / or attach my sales statement from Alamy. That way I keep 100% rather than giving and more to agencies, who fairness, already take more than enough from us!

ShadySue · « **Reply #20 on:** December 21, 2015, 18:09 »

Quote from: etudiante_rapide on December 21, 2015, 14:36

... there is a fool born every minute who believes the Union and all such things are there to work for your benefit

They used to be for sure, and can still be, but not as strongly as before, for various reasons.
(And different across countries.)

fotoVoyager · « **Reply #21 on:** December 22, 2015, 07:27 »

Quote from: etudiante_rapide on December 21, 2015, 14:36

there is a fool born every minute who believes the Union and all such
things are there to work for your benefit

That's what you get for swallowing 30 years of Chicago School economics and neoliberal propaganda - a refusal to accept that we're better off together, rather than as atomised serfs receiving barely 20% of the royalties earned on our creative output from mega-corps and private equity owned money funds.

No improvement in working conditions in the past 100 years has come about without collective action, and no improvement in our royalty share or treatment by agencies will happen unless we work together, just as unions have been doing for generations.

Only a fool would dismiss the importance of unions in today's economic climate and degenerating working conditions.

/rant over, must get back to my xmas shopping...

Zero Talent · « **Reply #22 on:** December 22, 2015, 10:39 »

Quote from: fotoVoyager on December 22, 2015, 07:27

Quote from: etudiante_rapide on December 21, 2015, 14:36
there is a fool born every minute who believes the Union and all such
things are there to work for your benefit

That's what you get for swallowing 30 years of Chicago School economics and neoliberal propaganda - a refusal to accept that we're better off together, rather than as atomised serfs receiving barely 20% of the royalties earned on our creative output from mega-corps and private equity owned money funds.

No improvement in working conditions in the past 100 years has come about without collective action, and no improvement in our royalty share or treatment by agencies will happen unless we work together, just as unions have been doing for generations.

Only a fool would dismiss the importance of unions in today's economic climate and degenerating working conditions.

/rant over, must get back to my xmas shopping...

Lol!

That's what you get for swallowing 100 years of Marxism, Leninism and big chunks of communist propaganda.

Sorry, I can't resist when I see people still falling for fairy tales and myths proven wrong, over and over again.

Sent from my SM-N910T using Tapatalk

fotoVoyager · « **Reply #23 on:** December 22, 2015, 11:02 »

It's not communism, it's capitalism run for the benefit of society, rather than society run for the benefit of capitalism, which is how the money-mad psychopaths who have been allowed to grind our market economy into the greatest depression for a century prefer it.

But I guess we're never going to agree on this one!

Zero Talent · « **Reply #24 on:** December 22, 2015, 11:20 »

Quote from: fotoVoyager on December 22, 2015, 11:02

It's not communism, it's capitalism run for the benefit of society, rather than society run for the benefit of capitalism, which is how the money-mad psychopaths who have been allowed to grind our market economy into the greatest depression for a century prefer it.

But I guess we're never going to agree on this one!

Indeed, we can't agree on this one, since you want a system for the "benefit of society", while I want a system for the benefit of real people, for the benefit of the "common man".
You forget that all systems meant for the "benefit of society", invariably became systems for the benefit of the chosen few, of an elite, who will always be "more equal" among equals

You go to sleep with fairy tales and wake-up, in sweat, with nightmares.

Don't confuse the true, healthy, competitive, innovating capitalism with the current government sponsored, sick crony-capitalism, which, like communism, is nothing but a direct consequence of good intentions turned bad by believers in fairy tales, with little knowledge in economics and human action.

The road to hell is paved with good intentions.

Systems based on the Austrian school of economics and Chicago school of economics are actually the best known cure for your nightmares.

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Author Topic: Shutterstock, Rex & DACS Fraud Scandal! (Read 17217 times)

HalfFull

Microstockphoto

Justanotherphotographer

YadaYadaYada

etudiante_rapide

Justanotherphotographer

HalfFull

HalfFull

Rinderart

VB inc

noodle

w7lwi

YadaYadaYada

Justanotherphotographer

Microstockphoto

HalfFull

YadaYadaYada

cathyslife

etudiante_rapide

HalfFull

ShadySue

fotoVoyager

Zero Talent

fotoVoyager

Zero Talent

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