Originally Posted by wasteland

http://www.xbiz.com/news/119419

of particular note:
"Federal authorities say in the complaint that for three months last year Premium Services received $9.4 million in wire transfers from various sources and that much of the funds originated overseas in countries such as Israel, considered by law enforcement to be at high risk for money-laundering activity.

U.S. authorities claim that the funds in two accounts is forfeitable under 18 U.S.C. § 981 (a)(1)(A) as property involved in or traceable to a transaction in violation of 18 U.S.C. § 1960, which prohibit?s unlicensed money-transmitting businesses.

The seizures have been hard for the Montreal-based company. Mansef says that the U.S. government has "significantly harmed" its operations when it seized millions that were used to facilitate vendor payments from third-party credit card processors. "


vendor payments: three guesses who that pertains to.