Originally Posted by harvey

Sorry Chris, but you should be VERY CAREFUL with what you say and ask a lawyer first besides saying some of the things you said in this thread. Unless things have changed in the last 6/8 months doing what you say you're doing could mean MC closing ties with Paxum.

I'm not trying to be a smart ass and I understand you're still learning the biz, but I'd strongly suggest you get some lawyer advise before saying the things you said.
Furthermore (and again: UNLESS THINGS CHANGED LAST MONTHS), your TOS mean exactly this, otherwise you wouldn't be approved by MC, VISA nor any real bank: You can CLOSE AN ACCOUNT as much as you want, you can NEVER keep the money unless there's a federal court order. And in that case, unless you're registered as a bank (which you aren't) the money is kept by the bank you're working with, not you.

And quite honestly, I doubt any bank would accept you close accounts without noticing the end user, much less keeping the money. And I won't go any deeper to avoid helping someone who is trying to defraud you, but again, check with a lawyer.