What is AllofMP3 up to? Credit Card Fraud and Memphismembers.com

We’ve received several reports that AllofMP3 is preparing for a shutdown, but in an effort to protect its very strong revenue stream it has setup a NEW website that is individually targeted that the music service can more easily control access to (and potentially to avoid more conflicts with the RIAA).
The name of the new venture is Memphis Members (uhhhh), and AllofMp3 is sending private messages to all their “high value” clients to login into a specifically formatted domain (In the form of http://xxxxxxxxx.memphismembers.com and not available to the general public) with their AllofMP3 logins and receive a $15 bonus.
Although AllofMP3 PR (I’m still in shock that the website has a PR department) denies the existence of Memphis Members, several inside sources confirmed that this is AllofMp3′s exit strategy when the Russian government begins cracking down – which is expected in the next six months.
Memphis Members also promises they they will be able to again process charge cards. In a previous ongoing investigation UNEASYsilence found (using a trackable temporary credit cards issued in two countries) that AllofMP3 actually resells your credit card information on the black market and tries to run up debts before the AllofMP3 subscriber find out. On several temporary credit cards, that were used exclusively at AllofMP3, charges totaling over $3,000 per credit card were attempted for online purchases.
