Tag: IBUUMERANG

Court cases continue against high-risk payment processors Payvision, T1 Payments, and Pixxles!

Court Cases Ben -
It's court season again for Payvision and its former U.S. partner T1 Payments. While a fraud complaining has been brought in the U.S. by a former client against the T1 Payments group and its alleged successor company, the FCA-regulated e-Money Institution Pixxles Ltd, for alleged illegal activities, the European Fund Recovery Initiative (EFRI) has filed a lawsuit against Payvision for its scam-facilitating activities in Austria. T1 Payments is trying to dodge the U.S. lawsuit by preventing being served in the UK. Here's an update.

U.S. Fraud Complaint against T1 Payments, Payvision and its spin-off Cetler

Court Cases Ben -
There is no end to the drama surrounding the disgraced Dutch FinTech and high-risk payment processor Payvision. The ING subsidiary and its founders Rudolph Booker, Gijs op de Weegh, and Cheng Liem Li have been facing allegations of having facilitated scams and cybercrime for many years. In addition to criminal investigations and victims' claims, there are also lawsuits in the U.S. filed against Payvision and its spin-off Cetler. They allegedly were working in collusion with the T1 Payments group. Here's the story.