The Alleged U.S. High-Risk Payment Fraud Scheme Of T1 Payments And ING Subsidiary Payvision!
ING subsidiary Payvision was a super-aggressive high-risk payment processor that did not shy away from facilitating cybercrime activities until it was shut down in October 2021. Founded by Rudolf Booker in Amsterdam, the FinTech has worked with Donald Kasdon's high-risk processor, T1 Payments, in the United States. Payvision and T1 Payments worked out a system that allowed Payvision to hide behind Donald Kasdon's group of companies. In the U.S., former customers (merchants) brought fraud lawsuits. Let's unfold the story!