U.S. Authorities Order German Credit Card Processor Nexway to Pay $650,000 For Scam Faciliation!
The U.S. Justice Department and the U.S. Federal Trade Commission (FTC) announced that they would collect $650,000 in consumer redress from the German Nexway Group and its officers Victor Iezuitov and Casey Potenzone. The credit card processor accepted and facilitated scam operators. The payment of the $650,000 will result in suspending the total monetary judgment of $49.5 million granted by the court.