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Old 05-28-2013   #1
gonzo
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Default Wonder if this is a Paxum Bank ?

Liberty Reserve, a major global online cash transfer business run out of Costa Rica, has been shut down and its executives arrested to face U.S. charges of laundering $6 billion.


http://money.cnn.com/2013/05/28/news...ref_map=%5B%5D
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Old 05-28-2013   #2
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Default Re: Wonder if this is a Paxum Bank ?

I believe they were involved with bitcoin conversions.
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Old 05-29-2013   #3
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Default Re: Wonder if this is a Paxum Bank ?

bitcoins are history.....the "system" will never allow them to function. If you ever see a legitimate bank pitch an online currency...buy it. Until then, its as profitable as Las Vegas.
Hell, I could live to eat those words.....not
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Old 05-29-2013   #4
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Default Re: Wonder if this is a Paxum Bank ?

One thing is for sure. Paxum is starting to swirl the bowl I think.

http://gfy.com/showthread.php?t=1110227
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Old 05-30-2013   #5
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Default Re: Wonder if this is a Paxum Bank ?

So it wasnt a paxum bank but it looks as if they had a security breech or bug which was giving up all that copious personal information they collect.

I dont know of anyone here that has an account with them.
Of course we called it long ago with that epassporte turd on this very forum.
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We are putting the bastards of this world on notice; greed and corruption will always be met with "a voice made of ink and rage."
"Never try and be like anyone else" - Hunter S. Thompson
"The truth is the truth no matter how you try and package a lie" - Shellee Hale
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Old 06-05-2013   #6
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Default Re: Wonder if this is a Paxum Bank ?

Actually, I think Epassporte, Paxum, and all the others are great - provided you generally use them as transient money systems, and not holders. Don't leave cash in the system, use it up as fast as you can, putting it out and turning it into actually cash works well.

if and when paxum dies (they are very hard to deal with at times) they will almost certainly be replaced with another one. There is a need, a hole in the system I guess, that they fill.
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Old 06-05-2013   #7
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Default Re: Wonder if this is a Paxum Bank ?

You know they process for pirates. I ran into them when they were processing for a scumbag that was ripping out sites out of Amsterdam. I called this Iranian dude in Montreal and he told me to fuck off, he would process for anybody he felt like. A few guys lost their paypal accounts and Paxum got seriously fucked with Amex. Use them if you like, but......
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Old 06-09-2013   #8
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Default Re: Wonder if this is a Paxum Bank ?

Quote:
Originally Posted by rhetorical View Post
You know they process for pirates. I ran into them when they were processing for a scumbag that was ripping out sites out of Amsterdam. I called this Iranian dude in Montreal and he told me to fuck off, he would process for anybody he felt like. A few guys lost their paypal accounts and Paxum got seriously fucked with Amex. Use them if you like, but......
That is just the tip of the iceburg for dick pill boy Octav.

Its just a matter of time before they get popped.

And Im with Alex this service is needed but so far everyone in the space has been shady as fuck.
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