Recently, rumors have circulated online suggesting that DS Partners has been delaying payments to partners and allegedly accumulated debts exceeding $1,000,000. Today, the company’s CEO, Oleg Rudy, offers an official comment on the situation and shares details about the company’s next steps. Below, you will find the official statement.
What happened?
In recent months, unverified information has been spreading, suggesting that DS Partners owes millions in debts. In reality, the situation is quite different, and these reports are inaccurate. Back in August, we launched a large-scale traffic acquisition initiative to significantly increase our monthly volumes. While we succeeded in boosting these numbers, we encountered challenges from unscrupulous partners who exploited the situation. Initially, these partners provided high-quality traffic to gain our trust and increase their daily limits (Daily Cap). However, they later began delivering fraudulent traffic.
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This fraudulent traffic involved incentivizing users to register, deposit funds, and perform other activities in exchange for rewards. Unfortunately, such traffic is difficult to detect in its early stages. Since DS Partners has always fulfilled its obligations promptly and, in some cases, even paid advances, we continued making payments under the assumption that the traffic remained genuine. However, as the acquired traffic turned out to be fraudulent, the ultimate partner it was intended for did not receive the expected profits. This became the primary reason for our temporary financial difficulties, resulting in delayed payments.
The entire DS Partners team, along with myself as CEO, fully acknowledges the gravity of the situation and is working tirelessly to resolve it as quickly as possible. Our core value as a mediator between webmasters and advertisers lies in our reliability. In this case, we must protect the advertiser who did not receive the promised quality traffic while remaining loyal to our partners.
After carefully investigating the problem, we confirmed that the purchased traffic was indeed fraudulent. If necessary, we are prepared to provide evidence, including full analytics for each FTD that falls under this category. For now, we are refraining from disclosing the names of these dishonest partners, who are prominent in the industry. However, we will have no choice but to reveal them if blackmail and demands for payment of fraudulent traffic persist.
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What are we doing to resolve the situation?
- Enhanced control measures: we are introducing stricter traffic control mechanisms to prevent similar issues in the future. Currently, we are re-verifying all traffic suppliers, as we suspect fraud may have occurred through other teams as well.
- Debt repayment: we commit to paying all amounts corresponding to genuine and high-quality traffic. A payment schedule is being developed and will soon be shared with each partner.
- Direct dialogue with partners: the company’s leadership is engaging directly with every team awaiting payments. We are already making progress toward resolving the issue.
- Suspension of the “Need for Traff” campaign: the “Need for Traff” promotion, which included a car giveaway and other prizes, has been temporarily paused. However, it will be relaunched once the situation is resolved. We thank everyone who participated and guarantee bonus rewards in the form of x10 tickets for each completed cap.
What’s next?
Our main goal is to restore your trust and the company’s reputation. We are doing everything possible to fulfill our obligations to partners and improve internal processes. For further clarification, feel free to contact the company’s management directly. Wondering how gambling laws are changing? Read updated reports on legal gambling today. Thank you for your patience and support during this challenging time.
