Daniel Tzvetkoff Running Payovation?

Fresh off his stint scamming numerous online gambling companies, Gambling911.com is now learning that Daniel Tzvetkoff is reportedly running a new online payment solutions company, Payovation.

Tzvetkoff owes millions to companies following the closure of Intabill, a payment solutions company out of Brisbane Australia.

He drove a Lamborghini with the number plate "baller", owned a massive boat, chartered impressive jets, opened his own Fortitude Valley nightclub, Zuri, sponsored a V8 supercar racing team - and was busy amassing property and doing interesting side deals.

In between driving the Lambo he got around in a Ferrari 599, an Audi S6, a Range Rover and a Ford GT40. During regular trips to Las Vegas, where he is rumoured to have a house, he was again spotted in a Lambo.

Now it is said, Tzvetkoff must look over his shoulder wherever he goes.

Payovation CEO, Michael Hui, has posted a message to an online forum claiming that none of Intabill's founders, shareholders or directors are involved with Payovation. Details of Hui's email offer to Intabill merchants customers were previously published on the same online forum.

I am pleased to inform you that on July 7 2009, prior to Intabill entering into administration, Payovation purchased all core Intellectual Property from Intabill, allowing for a smooth and seamless transition of their processing platform and all merchant accounts into our care and control. Payovation is an international payment gateway and processor, providing highly reliable merchant services to merchants around the world. Payovation brings an experienced team of senior management with many years of processing experience to ensure a smooth, seamless and profitable future for all of its clients and customers. Please be assured that your existing Intabill merchant account will continue to operate under Payovation without interruption or change.

eCommerce Report has been unable to contact Michael Hui to confirm the accuracy of the online postings but has been able to confirm that Mr Hui was, up until around 18months ago, an associate at Brisbane law firm - Sciaccas.

Enquiries to Sciaccas revealed that Intabill director Sam (Salvatore) Sciacca is not currently an employee there.

Sam Sciacca was one of the two directors of BT Projects Pty Ltd - the company that traded in Australia as Intabill. (The other director was Daniel Tzvetkoff)

It is understood that that there are, in fact, two Sam (Salvatore) Sciaccas in the extended family living and working in Brisbane. Both are lawyers but it is the younger Sam Sciacca who is the industrial relations specialist working at the law firm.

Christopher Costigan, Gambling911.com Publisher