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Old 12-02-2010, 06:56 AM   #1
Agent 488
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Do You Trust Your Money With AlertPay?

this is why when someone is promoting a money service with a ref code tell them to

http://www.montrealgazette.com/Share...549/story.html

A South Shore man has seized the assets of local Internet payment company AlertPay Inc., and plans to sell the CEO's shares in the company next week.

"If you think that AlertPay is owned by Firoz Patel, that could change next week," said Sylvain Racette, the lawyer for Patrick Masse, who lives in St. Paul d'Abbotsford.

According to Masse's claim in court, he gave AlertPay $979,000 to invest in a European bank account. AlertPay was supposed to forward the money to the Credit Suisse account, so that Masse could invest it.

Masse claims Patel used his money to invest in a company based in Mexico called Air Temp North America. When Masse asked for his money back, he was told that it was frozen, and Patel didn't have access to it, Racette said.

Last year, Racette seized AlertPay and Patel's assets, including his car his house, and several bank accounts.
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Old 12-02-2010, 06:58 AM   #2
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http://www.vancouversun.com/business...268/story.html

they still seem to be growing though, "The Indian office will begin with 20 employees, but it has a capacity for 180."
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Old 12-02-2010, 07:02 AM   #3
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Oh snap.Well,withdrawing money for every case.
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Old 12-02-2010, 07:14 AM   #4
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Originally Posted by KlenTelaris View Post
Oh snap.Well,withdrawing money for every case.
I would be too if only they allowed me to withdrawl the money.
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Old 12-02-2010, 09:03 AM   #5
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It sucks... I have an account with them but not using it anyway...

Last edited by Chosen; 12-02-2010 at 09:05 AM..
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Old 12-02-2010, 09:17 AM   #6
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They apparently approved my wire transfer now but we'll see when/if it arrives. Unlikely I will use them again except in a situation where no other payment is possible.

The fee ended up much higher then PP because they tack on 2.5% for currency exchange, and what was the poitn of me sending docs and waiting for verification just so they coudl do it all over again :S
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