Payza/OboPay Investigation Continues

The office of U.S. Attorney Channing D. Phillips of the District of Columbia originally anticipated making an announcement about a criminal investigation involving the Payza and OboPay payment processors “shortly” after Jan. 22.

On Feb. 10, however, prosecutors updated their Victim/Witness site to say they now do not expect to make an announcement until “shortly” after April 29.

Payza, alleging fraud, sued OboPay last year. As the PP Blog reported in October, prosecutors intervened in the civil case and requested a stay while the criminal probe continued.

U.S. District Judge Phyllis J. Hamilton of the Northern District of California initially paused the civil case until Jan. 22. The stay now has been extended until April 29 at the request of prosecutors with agreement by the parties, according to court filings.

The target of the criminal probe has not been revealed.

UPDATE MAY 23, 2016, 4:03 P.M. The stay in the civil case has been extended until June 29, 2016. The Victim/Witness site has been updated to reflect this.

NOTE: Our thanks to the ASD Updates Blog.




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2 Responses to “Payza/OboPay Investigation Continues”

  1. Updated May 23 (above) to reflect that the civil case has been stayed until June 29, 2016.

    Patrick

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  2. Hello,

    I (along with all the other US citizens at the time) had my Payza account frozen in November 2013. When we ever get some kind of update from the USDOJ??? It has been well over 3 years now.

    Doug

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