Paul Abramson of MNO continues to appraise the deep cooperation of Payza with criminals
Originally Posted by MNO
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PAYZA – INCREASED PRESENCE ON THE HYIP AND LOCAL MARKETS
Meanwhile, Payza is increasing its presence on the HYIP market by gaining the well-deserved attention of potentially big investors that will form the core of the entire industry within the next few months. Named as the favorite payment processor by over a quarter of my readers, Payza is definitely targeting the US market where residents are currently blocked by PerfectMoney and so limited to how they can participate in nearly all the big programs. At the moment, three programs from the MNO Premium List – CryptoStrategy (reviewed here, currently ranked at #1), Rockfeller (reviewed here, currently ranked at #2), and the newly added MooreFund (review coming tomorrow) – do accept Payza and I predict the number of such programs will be greatly increased in the future. That could possibly form the base of the future recovery in the HYIP industry which is now tainted by so many fast scams. Experienced admins will surely recognize the potential of large investors who prefer legal payment processors like Payza which they can easily fund from their bank accounts and credit cards and even exchange funds to and from their BitCoin accounts or use third-party exchangers for that purpose. That’s why, even though Payza‘s fees are quite high compared to PerfectMoney and you do need to verify your account to fully benefit, more and more serious investors join Payza. The demand for the programs accepting Payza will surely grow in the near future, and that is why I strongly advise admins serious about attracting the really big investors from around the world to think carefully about adding them. Of course, the process will take longer than other anonymous payment processors as there is a verification process, but for experienced admins that’s not a difficult task. A lot easier than SolidTrustPay, for instance. Plus, the programs that accept Payza are generally treated more positively by investors. The proof is that the two most popular programs on MNO, CryptoStrategy and Rockfeller, accept Payza with MooreFund also having a good chance to join the top three soon.
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and that rockfeller is the one being pushed by the scammer blackburn from achieve.
clearly 'serious investor' means something entirely different to whoever wrote that article than in the real business world.
On Jun 22 , List of directors was changed to Patel brothers for a UK company "MH Pillars LTD", which they used to cover up their outfit in UK, claiming Payza was bought by it :)
Ah , Firoz, do not tell me you bought it back, you tricky guy :)
It's great to see that the Feds have learned to concentrate their limited resources on money launderers. No way to move money = no reason for HYIPs to start in the first place.
(And, if you believe THAT, you'll believe anything)
Ponzi operators, money launderers and shady operators all over the world must be soiling their jeans knowing the DoJ will have access to their dealings
The only thing necessary for the triumph of evil is for good men to do nothing
well, since words mean things, he didn't address the Justice Dept. v payza/obopay. He merely said "nothing has changed in the matter Payza's legal dispute with Obopay". I know many are shocked, SHOCKED I SAY! at the word play of a scammer.
Haven't lost any money to online scams.......results are typical.
Confidential informants? There had to be something more insidious than HYIP money flowing through Payza.
The judge also found that the government had an “interest in the stay because discovery in the civil action could affect its ability to pursue a parallel criminal investigation or could compromise existing confidential informants.”
Confidential informants? There had to be something more insidious than HYIP money flowing through Payza.
HYIP money hasn't been the reason since stormpay....E-gold and Liberty reserve was being used for the trade of kiddy porn and for carders which is the likely reason the feds went after them.......
...There had to be something more insidious than HYIP money flowing through Payza.
I posted here in the past about those dark things (narcotic payments, child porn, telemarketing credit card scams in which Firoz was involved directly (according to US court records) )
Those things are of interest of dedicated agencies, my interests are mostly in financial fraud (HYIPs, money laundering).
I posted here in the past about those dark things (narcotic payments, child porn, telemarketing credit card scams in which Firoz was involved directly (according to US court records) )
Those things are of interest of dedicated agencies, my interests are mostly in financial fraud (HYIPs, money laundering).
Not to derail the thread, but in your estimate, what percentage of the underworld money is flowing through Perfect Money? It's safe from being shut down by the U.S. agencies since they don't officially accept U.S. clients, but they should be of great interest to the Russian law enforcement agencies.
Not to derail the thread, but in your estimate, what percentage of the underworld money is flowing through Perfect Money? It's safe from being shut down by the U.S. agencies since they don't officially accept U.S. clients, but they should be of great interest to the Russian law enforcement agencies.
I would say mostly all transactions on PM are questionable, underworld all the way.
Not likely Russians will cooperate with US in this matter, and US is powerless there. Also Russian authorities are unaware of PM being run from Moscow, or prefer to act like it. They do not care, do not see it as their problem, there is no corporation of any kind , nobody complained, everything is anonymous and in offshores.
As PM share in hyip market, pretty big, as you see Okpay, Payeer (also both russian) took some share , but PM is still big.
i would say #2 after Liberty Reserve.
As most readers already know, Firoz Patel (the owner of Payza) , did offer his money laundering services to Charles Scoville (operator of TrafficMonsoon ponzi scheme) during attending that ponzi scheme recruiting event personally on May 14th in New York:
What else is interesting, during Firoz Patel's visit to London in June, he also appeared at 10adsPay (ponzi scheme) recruiting event and offered to launder money through Payza to those criminals too. They even gave him a gift of 10adsPay-branded globe :)
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