Obopay

PP Blog Tag archives on references to "Obopay."

RECEIVER: Payza And Payment World ‘Facilitated’ Zeek Ponzi Scheme; Whereabouts Of $13.1 Million An ‘Open Question’

Zeek Rewards’ receiver Kenneth D. Bell has gone to federal court in the Western District of North Carolina, alleging that the Payza and Payment World payment processors “facilitated” the epic cross-border Zeek Ponzi- and pyramid scheme. More than $13.1 million in funds from North Carolina-based Zeek that could be used to compensate victims ended up in […]

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” […]

BULLETIN: Zeek Receiver May Push For Contempt Against Payza

BULLETIN: New court filings in the Zeek Rewards’ Ponzi- and pyramid-scheme case brought by the SEC in 2012 say Zeek receiver Kenneth D. Bell may ask a federal judge for a finding of contempt against Payza, a payment processor. The news comes as federal prosecutors continue a criminal investigation involving Payza and Obopay, another payment processor. Prosecutors […]

STATS: High Interest Globally In Criminal Probe Involving Payza And Obopay

On the past four Mondays — Oct. 26, Nov. 2, Nov. 9 and Nov. 16 — the PP Blog averaged viewership from 32 countries, according to a compilation of data from Jetpack summarized by the Blog. These numbers are typical. On any given day, viewers from between 25 and 40 countries arrive here. But on Oct. […]

UPDATE: Feds Intervened After Payza Sued Obopay

As the PP Blog reported Oct. 19, federal prosecutors have opened a criminal probe involving Obopay and Payza and successfully asked a federal judge to pause civil litigation involving both payment-processing companies. The Blog is reporting today that federal prosecutors in the Northern District of California and the District of Columbia specifically intervened in a lawsuit […]

URGENT >> BULLETIN >>MOVING: Criminal Investigation Involving Obopay And Payza, A Ponzi-Forum Darling

URGENT >> BULLETIN >>MOVING: (Updated 3:03 p.m. EDT U.S.A.) The United States has opened a criminal investigation involving Obopay and Payza, a Ponzi-forum darling. Details of the probe are unclear. But the office of U.S. Attorney Channing D. Phillips of the District of Columbia confirms on its website that the U.S. Department of Homeland Security through Homeland […]

BULLETIN: No Immediate Comment From Federal Prosecutors On Payza/Obopay Announcement On U.S. Attorney’s Site In District of Columbia: [UPDATE: Prosecutors Confirm Probe Under Way, Decline To Provide Details Or Identify Subject Of Investigation]

EDITOR’S NOTE ADDED AT 10:09 A.M. Federal prosecutors in the District of Columbia now have confirmed that an investigation is under way, but declined to provide details. “The U.S. Attorney’s Office is involved in a pending investigation and we are unable to state the subject of the investigation or provide details,” the office of U.S. […]

Conflicting Reports Over Status Of U.S. Payza Funds: Frozen? Withheld By Vendor? Seized By Department Of Homeland Security?

With Cyber Monday and the traditional online sales coming up a few days from now on Dec. 2, this is what we know: Payza, the successor brand to Montreal-based AlertPay, a Ponzi-forum darling and chronic HYIP- and fraud-enabler, suddenly says this in a headline on its Community forum: “US Funds Frozen | Obopay/Ultralight FS. issue.” […]