Thread: US Homeland Security seizes Payza funds

Do not know how reliable it is, here is one more snippet

Originally Posted by ScrollDog

ScrollDog got in touch with the State regulator of Utah and this is what he had to say:

“Apparently, Obopay entered into an agent relationship with Payza, wherein the money transmission was processed under the licensee name, Obopay, and all the receipting documents should state Obopay as the money transmitter. The actual facts regarding the full extent of the investigation at this point are unclear, but several states and an agency of the Federal government are investigating and communicating with each other, with the goal of reaching an amicable solution. There are customers who have had their accounts frozen and many have complained to their state regulator. Multiple states are having discussions on how best to ascertain the legitimate complaints and who is owed and how much. This process will take some time, and all regulators would appreciate your patience while this issue is being resolved.”

URL: Payza Under Fire By Homeland Security: US Based Funds Seized | ScrollDog.com – Breaking Scene News

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I'm still using payza like before and I guess more than 90% of payza users are not from US

Originally Posted by Fgold

I'm still using payza like before and I guess more than 90% of payza users are not from US

If Payza got into some serious problem with US, it will not help you to continue using it :)

Originally Posted by Fgold

I'm still using payza like before and I guess more than 90% of payza users are not from US

If you like living dangerously, why not take up skydiving ??

It's gotta be more fun than sitting around waiting for the inevitable to happen.

Do you REALLY think other countries are going to sit back and let Payza continue to operate ??

They have nearly all signed the same anti money laundering treaties.

Originally Posted by littleroundman

If you like living dangerously, why not take up skydiving ??

It's gotta be more fun than sitting around waiting for the inevitable to happen.

Do you REALLY think other countries are going to sit back and let Payza continue to operate ??

They have nearly all signed the same anti money laundering treaties.

There are many type of businesses(gambling, forex, ...) that are not allowed to operate with US residents but still operating in the rest of the world for years and without any problems. You can see the example of some big and reliable forex brokers and bookies who are leading the markets in europe and asia

Originally Posted by Fgold

There are many type of businesses(gambling, forex, ...) that are not allowed to operate with US residents but still operating in the rest of the world for years and without any problems. You can see the example of some big and reliable forex brokers and bookies who are leading the markets in europe and asia

There is online gambling allowed in the US. Just none of it goes through a scam money launderer like payza.

Originally Posted by Fgold

There are many type of businesses(gambling, forex, ...) that are not allowed to operate with US residents but still operating in the rest of the world for years and without any problems. You can see the example of some big and reliable forex brokers and bookies who are leading the markets in europe and asia

With the others I'm afraid, having a hard time seeing your rational for using Payza. I am reminded of a scene from Blow, where Johnny Depp goes down to Columbia to get some money from an account he opened, all gone. Government came and took it and that just seems inevitable here as well. Could you not find a bookie local who will take action, or a local casino where at least you can slurp down free drinks while losing your money?

As for Forex brokers, I could not imagine any legitimate one that would not allow at least some free transfers to a bank. In the states some accounts were limited to 3 per month, but that is doable.

Maybe you just like the action??? And that's OK, but it seems like a few added areas of unnecessary risk.

A couple of years back(when I start working online) I received a small payment (one of my very first,actually) through Payza, which turned out to be my only Payza transaction ever....I later found that that none of the place I usually do business with accepts Payza(that's the reason why I only deal with premises that uses paypal or standard/online banking since then).Still , I keep that money in my Payza account for the chance that Payza may actually be becoming more "mainstream".I'm guessing it is safe to say that that ain't going to happen now, I guess.

Originally Posted by ribshaw

As for Forex brokers, I could not imagine any legitimate one that would not allow at least some free transfers to a bank.

The broker I use to cashout by payza charges a $25 fee for bank wires so I prefer to receive funds through payza and then withdrawal payza funds to bank paying only $3 instead of $25. Would you prefer to pay more $22???

Originally Posted by Nourjan

A couple of years back(when I start working online) I received a small payment (one of my very first,actually) through Payza, which turned out to be my only Payza transaction ever....I later found that that none of the place I usually do business with accepts Payza(that's the reason why I only deal with premises that uses paypal or standard/online banking since then).Still , I keep that money in my Payza account for the chance that Payza may actually be becoming more "mainstream".I'm guessing it is safe to say that that ain't going to happen now, I guess.

Payza is largely used in PTC, autosurfs, surveys and all other free GPT programs. Some other online businesses rarely accept it. If you don't use payza you can withdraw your funds by bank transfer paying a small fee. That's what makes payza similar to paypal but obviously not widely used...

Originally Posted by Fgold

The broker I use to cashout by payza charges a $25 fee for bank wires so I prefer to receive funds through payza and then withdrawal payza funds to bank paying only $3 instead of $25. Would you prefer to pay more $22???

Short answer.

NO, I would prefer to pay zero.

Long answer.

From a pure SCAM standpoint I would come at it a little differently. The three merchants you mentioned are forex brokers, casinos, and bookies so we are really not discussing selling hummels to old ladies. Even if the vendor is 100% honest, the statistical expectation is all money will be lost. To overcome all those odds and move money to an account where there is a decent chance that it will be frozen at some point? And with data breeches seemingly everywhere, it seems prudent IMO to stay away from vendors that are known to turn a blind eye to shenanigans.

So if those were my only two options, I would make less frequent withdraws and pay the $25.

In the US, there are plenty of brokers that will do it for free, so I may be talking out of school with what is available where you are. And you know the score on what you are doing, but for others that may happen along, it seems like a lot of unnecessary risk.

Originally Posted by ribshaw

Short answer.

NO, I would prefer to pay zero.

Long answer.

From a pure SCAM standpoint I would come at it a little differently. The three merchants you mentioned are forex brokers, casinos, and bookies so we are really not discussing selling hummels to old ladies. Even if the vendor is 100% honest, the statistical expectation is all money will be lost. To overcome all those odds and move money to an account where there is a decent chance that it will be frozen at some point? And with data breeches seemingly everywhere, it seems prudent IMO to stay away from vendors that are known to turn a blind eye to shenanigans.

So if those were my only two options, I would make less frequent withdraws and pay the $25.

In the US, there are plenty of brokers that will do it for free, so I may be talking out of school with what is available where you are. And you know the score on what you are doing, but for others that may happen along, it seems like a lot of unnecessary risk.

My main broker does not charge any fees for bank wires but I still need to chose payza to withdrawal from mayzus brokers to save money and avoid their high withdrawal fees and also avoid sending your personnal docs to verify your account required for those who want to withdrawal by bank wire... And I will keep using mayzus brokers because I wont miss the oportunity to make money from free no deposit and withdrawable bonus from Fxfred forums

Some visits to the past of AlertPay, to clarify why the name change and pretended ownership switch was needed.

March 2010: AlertPay was enabling payments for sites selling a narcotic drug mephedrone, which was responsible for death of 25 kids.
SRC: Company will not stop handling Meow Meow drug payments - Wales Online

September 2010: State of New Hampshire issued Cease and Desist and administrative fine against AlertPay, CWM, Firoz & Ferham Patels
SRC: http://www.nh.gov/banking/orders/enf...ay-otsc-cd.pdf

Novemeber 2010: Messy ownership war over AlertPay
SRC: Shares of AlertPay's CEO may go on block

November 2011: Montreal Gazette article featuring an AlertPay employee blowing a whistle on inside operations of AlertPay,
Alertpay was accused of dealing with online narcotic sales , child pornography and investment scams. A whistleblower also claimed that operators knew
what activity the clients were involved in.
AlertPay fought back, brought a defamation suit against a whistleblower, dig some dirt on him (a guy was not exactly an angel as well), and cleaned up the internets
from the materials.
some piece / remaining SRC: https://web.archive.org/web/20111127...861/story.html

2012: the whistlblower employee (Tero Pollanen) and Payza started messy campaigns online to defaminate each other
firoz-patel-alertpay.blogspot.com (now forced offline)
against Pollanen:
Tero Pollanen | Exposed and Unveiled
Payment Scam Tero Pollanen



P.S.: LRM, feel free to post some screenshots if you think they needed here.

Montreal Gazette



New Hampshire Banking Dept enforcement order




Wales Online

Montreal Gazette web archive

Bye Bye US, Hello UK !!!

For some time I was puzzled what made UK FSA to remove Payza from the list of Unathorized companies, where they placed it in early 2013 and removed in late 2013

PAYZA_UK_alert.jpg
Archive: [ARCHIVED CONTENT] Warning: unauthorised firms and individuals


Now it is clear what happened. MH Pillars is out of the picture.
On Dec 20 , Payza registered a new company in UK - PAYZA.COM LIMITED (ID: 08822957)

PAYZA_UK_ltd.jpg


And registered it with UK FCA as "Small Electronic Money Institution"

PAYZA_FCA_reg.jpg
URL: FCA - E-Money Register


On January 14 2014, Payza announced that they now will serve UK residents
URL: https://blog.payza.com/payza-updates...nited-kingdom/


it is time for UK BB victims to demand payments through Payza or demand an excuse why not :)

So MH Pillars, AlertPay and the shady US business partner are all out of the picture - sounds like Payza is really cleaning up its act!

AlertPay = Payza, Patels are in charge and always been, i do not know anyone more "shady" than them in this entire picture.

MH Pillars was also them. just a hiding switchuru, Gosh, why people assume MH Pillars is somethin ? it never existed before Payza, was created specifically to pretend transfer from Patels to Graham puppet and change the name to Payza.
After they got cold shoulder in UK being MH Pillars and involved in so many scam transactions, UK ceased their operations over there.
So here you go they formed a new company (Payza.Com Ltd), does it change anything at all with those shifts between companies they formed ? NO, it is still Patels.

I do not even want to go into details how they created egopay.

None of the sources you've shown are about Payza, they're all about AlertPay which no longer exists. Payza is the only legit alternative to PayPal and if you keep going with the smear campaigns then we won't have ANY alternatives.

PS. You're obviously grasping at straws if you're suggesting that they created their own competitor.

You gotta be kidding, please re-read entire thread , start with Firoz Patel scam adventures in 2006.
AlertPay is Payza, Payza is AlertPay, even same office in Montreal, QC , just switching signs on the door :)

Did you really thouth for a second they were ever in UK ? :)


You can call it WhatTheHellPayZa if you want, it is still same old Patels outfit.

Educate yourself on a topic first, before confronting someone

Alertpay_payza.jpg
URL: Payza is live: MHPillars Ltd acquires award-winning platform



Oh you want alternatives, there are plenty, PerefectMoney, SolidTrustPay, okpay, same patel's EgoPay and more, just pick your favorite money launderer :)

If you want something which plays by the rules , legal in US, and follows AML policies to the letter, less likely will have a problems with law, sorry your choices are limited, its is PayPal, Google Wallet, AmazonPayments and maybe Dwolla.

Please explain your need in such a payment processor which normal means of payment or PayPal cannot fulfill ? perhaps you are trying to do something you not suppose to by law.

I have memories of utter shock and horror when I learned that Bob Krimm had bailed out Patel on one occasion. Who knows if Patel was involved in any of the TriStar processor subterfuge?

Does anybody remember his association with Terry The Banker who claimed that he was flying to Mexico to meet his "FRIEND" Firoz Patel? Didn't Terry try to set up some sort of processor?

I can also remember when I had a phone call from Terry Kurtis better know as Terry The Banker claiming that he was an agent from the Canadian Government. He asked me to stop digging up dirt on Mathew Nunn as he claimed that the information which I was uncovering was hindering the official investigation. Next Terry offered me a bribe to gather dirt on Firoz Patel.

I knew nothing about Firoz Patel but I knew enough about Bob Krimm, Mathew Nunn and Terry Kurtis to ignore offers of financial gain from anybody associated with any of them. Terry claimed that the Canadian government were working with an investigative journalist who would pay me very well for stories about Patel. My reply was something to the effect of Bugger Off Terry.

Hopefully US authorities have been investigating for long enough to have have detailed records of Terry Kurtis dealings with Firoz Patel.

Originally Posted by Dougg

None of the sources you've shown are about Payza, they're all about AlertPay which no longer exists. Payza is the only legit alternative to PayPal and if you keep going with the smear campaigns then we won't have ANY alternatives.

PS. You're obviously grasping at straws if you're suggesting that they created their own competitor.

Why do you need any alternative to any of the other already existing legitimate pay sources?

Originally Posted by NikSam

Please explain your need in such a payment processor which normal means of payment or PayPal cannot fulfill ? perhaps you are trying to do something you not suppose to by law.

Its easy to know the reason why thousands of users prefer payza instead of paypal specially in some regions where they cannot use paypal.

People who chose payza don't care about such ridiculous laws and the only laws they care are god laws and NOT laws that serves only to help the enrichment of political rulers...

Admin note: This poster is not authorized to speak on behalf of Payza. This poster is in no way affiliated with Payza.