Quote:
Originally Posted by fastball
This is an interesting situation. On one level, you have a worldwide banking crisis that affects all banks and people are withdrawing their funds. That can happen and it's a financial decision.
In this case, I think many will look at this as an ethical and moral decision as well considering what the loan was for and where the money might have originated.
Everyone has a right to "vote" with their money. Paxum, I am sure, would have considered the collateral fallout from this move and factored it into their business plan.
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We were advised by our attorney and accountant 15 years ago when EPassport and Paxum started never to use these types of services for paying anyone as they are ripe for investigation for money laundering and if anything bad happened, we could be included in any RICO prosecution as a co-conspirator.
We only use ACH, Bank Wires, Paypal and domestic checks and it works like a charm once you get an affiliate aware of why you only do that mentioned above.