PAXUM: Their legal troubles with money and regulators
 

Came across several articles that could shed light on why PAXUM was having problems (hugh delays) with getting money properly transferred. It appears to be less about the complexity of international banking regulations and trying to keep up with them, and more about internal fraud and embezzlement happening at Paxum and with the banks Paxum was doing business with.

There are multiple foreign language sources, mostly in the Romanian language.
According to one of the articles, funds were frozen through August 2021.

Decide for yourself. :2 cents:


https://www.tylaz.net/2022/05/21/har...ainst-the-man/

https://reporter.london/?p=124

well.. well... well... no wonder my WIRE transfer is taking so long.

Now is 2023.

:1orglaugh:1orglaugh

I'm sure paxum will comment on this thread soon enough :2 cents:

every bank has problems with money laundering and regulators

is it so weird??

no they won't :1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh this thread should be pinned

Paxum is really taking a beating on GFY recently they should have someone dedicated to respond faster

How many years have I been telling you guys to not use Paxum?...

paxum is the best payment service Adult Entertainment Business ever had

So was epassporte before it suddenly wasn't :thumbsup

Indeed, people forget things are good until they are not.

Another Paxum success story.

:2 cents:

Canada has banned Paxum, if you're a Canadian and try to open an account it is instantly closed

Not sure if any of them would reply here.

Ruth last seen on gfy on 10-12-2022 09:00 AM.

Chris last seen 12-04-2022 03:42 PM.

I wonder is our money is going to go down the drain..

Also, why can't I tag Ruth/Chris in the thread?

Hrnrnfnddnn
 

Just to make some people calmer. I just received ETF within 1 hour after requesting it.

same here, fuck this dumb fake drama thread and fuck paxum haters.

We typically receive wires from Paxum within 2 days of request.

Many of our non-American clients view Paxum as a "must" so we will continue offering Paxum as a payment option for web hosting to better serve them.

You sure live up to your GFY handle . . .

Nothing fake about the trouble Paxum experienced. I'm guessing you are simply trying to deflect the seriousness of the situation. Otherwise you're an idiot. As a positive thinker, I am hoping it's the first.

Read any of the articles, you'll see them mentioning DIICOT. It is a government agency, and the formal name is
Directorate for Investigating Organized Crime and Terrorism.

As far as I can tell from the Romanian sites via G. translate, it seems to be about siphoning off a Paxum account in a Romanian bank by some woman who was part of the company in the past. This doesn't concern the company at this time as $15 million has apparently been stolen from their account. I'm not trying to justify the company, but in this case, they are more likely victims of some kind of fraud.

I've withdrawn my before going to bed (a few days ago), and the next morning, the money was there.

Never had an issue got paid yesterday right on time..

As many as you've been wrong..

Glad to see some of you getting your money without any delays..

As of us, WIRE still hasn't hit my bank account. Requested on 29th last month.

BS. Not true.

Fuck Paxum!

x2

Fuck paxum

Today i looked at my Paxum and the money from CB was already there before i received the CB payment e-mail, got that 3 hours later.

Made a EFT transfer to my bank in EU and within 30 minutes i got it on my bank account, also before i got the CB e-mail.