Q: Money-Monitor First of all, I would like to thank you for giving me the opportunity to interview you for the money-monitor. Would you mind telling me a few words about yourself? What is your name? What do you exactly do in the company?

A: Firoz Patel Thank you for giving me the opportunity to interact with your readers. My name is Firoz Patel and I am the CEO and co-founder of AlertPay Inc.

Q: Money-Monitor It has been 4 years since AlertPay emerged on the on-line payments market. As one may find out from the interview you gave the BNN, the beginnings weren’t exactly easy. How would you compare your payments system to that of your competition?

A: Firoz Patel I do not believe in comparing as we all have different strategies and strengths, so instead I will explain some of the advantages our members enjoy with AlertPay. With an AlertPay account, you can send payments to one person or multiple people, use our flexible depositing and withdrawal methods, shop online, make subscription payments, manage multiple businesses, convert currencies and use our Business Tools. AlertPay supports more currencies, countries and industries than any other payment processor.

Q: Money-Monitor AlertPay has been accumulating many supporters mostly due to its diversity, accessibility and the friendly support. What else do you think is the difference between your system and the other ones on the market? What is more, do you think you will be able to keep up with the good work?

A: Firoz Patel While supporting more countries and currencies is great, our proactive Customer Support team and high security standards help set us apart from the rest. Providing a secure and efficient payment solution is our job. And keeping our members happy is a high priority!

Q: Money-Monitor Although AlertPay is an international site it has only the English version with the English support. Are you considering launching a multilingual platform any time soon? Are there any other improvements that you plan to implement?

A: Firoz Patel We completely understand the importance of offering multilingual services and are working diligently on making this possible. We have a French version of our website coming soon with more languages to follow. Alternatively, members who need support in French, Italian, Mandarin or Russian can call Customer Support and speak in their native language with one of our talented staff members.

Q: Money-Monitor Would you mind telling me how many members do you currently have and how many new members join the AlertPay family every day? Also, how many sellers use your payments system?

A: Firoz Patel I am glad you asked. In the beginning, the company received one or two sign-ups a day. Five years later, we are getting close to 3,500 registrations a day, making our customer base well over three million members and counting.

Q: Money-Monitor What forms of support does AlertPay offer its users? Do you offer your members a VIP status or any additional support?

A: Firoz Patel One of AlertPay’s policies is to provide even the occasional member with support when necessary. I have seen members change from casual online shoppers to online business owners with our help. AlertPay is proud to have a diverse, interdisciplinary staff with enough passion and talent to assist all of our members, especially those with hopes of pursuing their own business.
However, we also understand that some sellers require more attention, which is why we have a Business Development department. Any and all inquiries can be done through our Support Center at www.helpdesk.alertpay.com. There you will find our Frequently Asked Questions and Answers, Knowledgebase and contact information.

Q: Money-Monitor Does the “Business account” come with any special perks?

A: Firoz Patel Yes, it does! Normally this type of account would have either initial start-up fees or recurring fees. However, like all of our accounts, it is free to sign up. Also, AlertPay is easy to integrate if you have an online business. Managing multiple sources of revenue is simplified as you can consolidate separate businesses with one account.
You can accept credit card and AlertPay balance payments for one-time or recurring purchases and you can withdraw your money quickly and securely. With built-in fraud protection, you can leave your security concerns to us.

Q: Money-Monitor In your last newsletter one could read about the change of your bank accounts. Does this change affect the members in any way?

A: Firoz Patel Thank you for taking the time to read our newsletter. Yes, these changes will affect our members in a very positive way. By doing this, we will be able to provide a multitude of better banking options. Our goal is to enhance our members’ experiences with instant credit for loyal members, quicker processing times and localized banking for more countries.

Q: Money-Monitor The rules of your system imply that even unverified members can send and accept money from any other member in your system and can withdraw the money to their own bank accounts. Isn’t this policy too lenient?

A: Firoz Patel Good question. We pride ourselves on being a friendly and easy-to-use online payment solution. We also know that verification can hinder a potential sale. So, to keep the process easy and quick, we have imposed limitations rather than restrictions: All unverified accounts can only send, receive, deposit and withdraw a limited amount of funds before being asked to get verified. So, is it too lenient? No. Is it fair? I think so.

Q: Money-Monitor Due to not being able to verify every transaction, should a verified member, like an owner of an online shop, be concerned about payments from unverified or verified members? What kind of precautionary measures should s/he undertake in order to prevent accepting the embezzled money? Should s/he hold back with delivering the goods to avoid the chargeback?

A: Firoz Patel As you know, payment processing is not a face-to-face industry and a large number of internet users are not familiar with certain risks. One of AlertPay’s goals is to minimize those threats through various security techniques. However, we encourage all of our members to do their own due diligence as well.
There are many clues to help identify a suspicious transaction, and by staying knowledgeable, our members can protect themselves more efficiently. We often suggest staying up-to-date through research. www.fraudpreventiontips.com/ offers some interesting and helpful safety tips. Be aware that withholding a purchased product does not help and may tarnish your reputation unless this is made clear before the purchase has been made.

Q: Money-Monitor Browsing through the testimonies of PayPal and MoneyBookers members, I came across the problem of not quite justified account blockages. Furthermore, there often is no opportunity to clarify such a situation. What is AlertPay’s policy of account blockages?

A: Firoz Patel Through experience, I have seen that most stories regarding account blockage are often misunderstood. Being on both ends of this type of situation has shown me this even more. By adhering to a User Agreement, it is very rare that an account is blocked. Also, we always address any important issues with concerned members.

Q: Money-Monitor One much appreciated feature of a payment system is anonymity. How anonymous are the AlertPay transactions?

A: Firoz Patel You are right! Anonymity is a big concern for many online buyers and sellers and AlertPay has the highest regard for confidentiality. We will not sell or rent a list of our members or their personal information to third parties. Their name, email address and verification status are displayed to other AlertPay members with whom they will be transferring funds through AlertPay. If they are Business account holders, we will show their URL and company name instead of their personal name.

Q: Money-Monitor Since AlertPay is an international payments system it seems inevitable to ask about the restricted policy of American government concerning the electronic payments system. Are you worried about the possible deterioration of this situation?

A: Firoz Patel I am not sure what restricted policy you refer to. The U.S. is still an open market with little red tape or bureaucracy. There are certain industries that are controlled in the U.S., but nothing that concerns AlertPay. As long as we abide by the rules and regulations set forth by the government and the agencies of the U.S., AlertPay’s American members will continue to enjoy the benefits of our services.

Q: Money-Monitor . (The question from @Noema – refback80.com) the world of online business with its modality and dynamics creates more and more forms of using the online payments system. However, the legality and reality of some of their actions may sometimes seem controversial (for instance, MLM, online gambling, autosurf, bux). Some of the payments systems impose certain restrictions concerning the access to such services. How tolerant is AlertPay when it comes to such services using AlertPay’s payments system?

A: Firoz Patel : I do not think it is about tolerance. Because we abide by very strict terms and closely monitor certain industries, we have been successful in providing our services to “high risk” industries. Like fraudulent or suspicious activity, we use many tools to review a website after it has been registered. Also, we have recently revised our User Agreement to include information pertaining to new industries we now support. You can find it on our website or by following this link: https://www.alertpay.com/info/useragreement.aspx.

Thank you again for giving us the opportunity to educate your readers about AlertPay and what we can offer. 2009 has been a big growth year for us. Because of this year’s success, 2010 looks even more promising. I invite everyone to take a look at our new blog where we intend to keep you informed about what’s going on at AlertPay: http://blog.alertpay.com.

Envision Labs Inc

1. Dear Leah, first of all, I would like to thank you for giving me the opportunity to interview you for the Money-Monitor. We  recognized that your service is so transparent and informative, that you deserve for additional more detailed questions. Please  introduce yourself shortly and describe what was the motivation to launch your program?

Dear Money-Monitor (I don’t even know your name) we are honored to  provide you with more details about Envision Labs Inc. and our philosophy to change the way things work today. We want to challenge  our investor to ask us why ?, and you certainly have. I will try to  answer this to the best of my knowledge. Starting with your first:
Envision Labs Inc, was launched as an online investment opportunity  since the power of the internet is not surpassed by any media in the world, and the benefits from it greatly outweighs any other communication channel available on the market. Personally I have worked with different companies throughout my career, but this is the  first company I work for that is offering an unprecedented level of  transparency, even to its employees. Something I value a lot.

2. The trust to the world of on-line investment was ruined by the  ponzi schemes, which usually introduce themselves as a serious businesses, but in 99% cases they turn to scam and steal investors`  money. How can the ordinary investor find a difference between such programs and these real? How do you plan to rebuild the  confidence to this industry?

We agree with you, and many others do too. As defined by Wikipedia
(http://en.wikipedia.org/wiki/High-yield_investment_program) A high-yield investment program or (HYIP) is a type of Ponzi scheme, which is an investment scam that promises an unsustainably high return  on investment by paying previous investors with the money invested by  newcomers. However we are not a HYIP, no where on our website will you  find the word HYIP. If anything we would be labeled as a LYIP (Low  Yield Investment Program), but we don’t care much about labeling, we  care about providing a secure and steady income for us and our  clients. The ordinary investor can easily distinguish which  opportunities are real and which are “out of this world”. It can been  seen in the way a company advertise themselves, in regards to referral  commissions. Which other investment company/bank that is still around  today and have been for at least 5 years have you seen that provides  referral commissions for bringing in your family and friends, none  right ?. We want investors to talk about Envision Labs Inc. only if  they like what they get, the word of mouth is so much more powerful  than simply offering monetary incentives for brining new clients (the technique used by the not so honest companies out there)

3. Do you plan to add more payment systems excepting the Liberty  Reserve and Perfect Money? Can I use a wire transfer to deposit my money?

We are constantly in discussions with banks, and other e-currencies.
And we will be adding more payment/withdrawal options as we move along, the reason why we selected Liberty Reserve and Perfect Money is  that they both have very low fees.

4. Why have you registered your Company in the Panama? From the  opinions of many experts, registration under an Offshore-heaven does not prove about the transparency of the company, but gives  possibility to hide against the responsibility.

Envision Labs Inc. is operated, registered and based out of the
Republic of Panama, for some simple and apparent reasons:

1. Less  bureaucratic company regulations by the panamanian government.
2. More  flexible tax regulations.
3. The ability to employee people from  around the world, however still working under panamanian law
4. Finally,  the openness and transparency of the panamanian investment  regulations.

We do not see Panama as being an “offshort heaven” to use your words,  we see Panama as an open and transparent country. That is why other  multinational companies have chosen Panama, like “McDermott  International Inc” and “Morgan & Morgan Group”.

5. Does your company registration include a license to operate as an  investment fund? If yes, is it possible to view it?

The company registration we have filled with the Panamanian government  includes a standard license to operate as a private investment fund.
It is possible to view it, upon request.

6. Have you published any company earning reports available to view?

Our earnings report, and other yearly reports such as fiscals etc. can
be found at the Panamanian Ministry of Commerce & Industry (MICI), and  are available to anyone.

7. The profit offered between 1-4.5% Weekly seems to be reliable to achieve. Although, the serious investor apart of it requires  additional protections, like phone support, and possibility to visit your office, to get to know your names. Do you offer these  possibilities?

Envision Labs Inc. is an online investment opportunity. With reliable  and sustainable ROI’s as you mentioned. While we do not believe that  providing phone support, and arranging meetings with clients can better the protection for anyone, this is however an opportunity we are considering. Let me break it down, first of the phone support. We want to establish this, however the sheer cost of this (since we would have to establish multi-national support teams around the globe) greatly outweighs the benefits. Secondly due to legal concerns, what we tell our clients must be consistent all the way through, so no misunderstandings can occur, having a phone support, the risk of misunderstanding, and misinterpretations are greatly increased. However we are not eliminating the possibility for a future phone support option, it all depends on customers wants and needs. Secondly  the possibly to visit our office, well that is possible, however as  stated earlier we are located in Panama, and we do not employee enough  people currently to allow for various people to simply walk in from  the street. However if you personally want to set up a meeting with  one of our fund managers, or me. I will be happy to assist you.

8. After reading your investment folder I found out that one of your  investment plan (GovernSecura™) is related to Government bonds.
How is it possible that you offer to the investor higher profit than  the average return from the Government bonds (1-10% Yearly)?

GovernSecura™ is an investment fond focused on low risk investment  with a stable and long-term profit-margin. Focused on government bonds  and credit bonds. Combined these provide a long-term stable outcome  that is viable even though an economic downturn.

9. Besides this folder has a text copied from another outside source: http://www.nasdaqtrader.com/content/newsalerts/2009/infocirculars/EPU_061909.pdf

Copied text little changed Similary isn`t? Please explain.

This is a standard phrasing, to describe how a fund follows market trends and achieve the objectives of the fund, in the primary or underlining index. Googling for that phrasing will bring you up a ton of different funds, and companies. (It can be compared to using DISCLAIMERS, they tend to contain the same legal text, with minor differences)

10. Why do you need investors` money? Is it not better to invest from the own pocket or money borrowed from the bank?

Borrowing capital, especially in market situation such as we are in now, is simply not an option. The interest we would pay would greatly  outweigh possible profits. No real investment company, borrows money  to invest. Secondly we have used own money to start the investment  funds, but to continue to grow them, and to continue to provide better  funds and options for our investors we need capital. The fuel for our  process is capital, if we have none, we make 2% of nothing, which is  nothing

11. Is there any risk by investing in your program? What can you guarantee?

Only a fool puts out a guarantee, there is NO such thing as a guarantee in investments, this is true in life as well. If you are  EVER offered “a bulletproof, or guaranteed investment” you are a wise  man to turn it down. As we state on the front-page on our corporate  site, there is always however RISKS. We do not know them, otherwise  they would not be risks, however we can try the best to avoid them. We  do this by operating a stabilization fund.

Hey my name is Leah H. Walker. President of International Consumer Marketing (ICM) for Envision Labs Inc.

2. How many people are running your program?

Envision Labs Inc. currently employes 22 professionals. We can break it down [Besides our CEO, we have 1 President of Investment Funds (PIF), 3 Local Investment fund Specialists (LIS), 9 Professional traders (3 for each fund). 3 People involved with Marketing & Communication (I am one of them), 1 Head of Customer Service & Quality Assurance and finally 4 Customer Service reps.

3. Why did you decide to open online investment program?

For far to long, the risk and instability of the online investment world has ruined the spirits and confidence of the ordinary investor. As well as drained his wallet. So when we were developing the concept of Envision Labs Inc. in early 2007, and our investment vehicles, we wanted to make it as simple as possible for you as our investor. We did this by eliminating all the clutter of accounts openings, passwords remembering and so forth. We also made it clear that we were NOT another skyrocketing daily interest, and dream crushing, company that kept costing the regular investor money.

4. Where are you based?

We are based in the Republic of Panama. This is due to the the favorable panamanian tax legislation.

5. Are you a registered company, If yes, where is the company registered?

Yes we are a registered Panamanian company. (Company Card: 602708 Company Document:1289591) .

6. Can you show us your incorporation documents?

Our incorporations documents can be seen in a snippet format on our site, if you want the full package you are welcome to contact our support department directly via email.

7. When did the program launch?

Envision Labs Inc. Was registered on February 08, 2008 and opened for trading online on the very first day of January 2009.

8. How do you generate profits for your investors?

For full details on this matter, please see our investment site, where you can find full investment prospectus from each fund available for download as a PDF file.

9. Can you show any proof of your trading results to public?

Unfortunately we cannot share this information publicly. We would lose our competitive advantage if such information were disclosed publicly.

10. How large is your current capital?

Unfortunately the same applies here, we cannot share this information publicly. We would lose our competitive advantage if such information were disclosed publicly.

11. What protections against DDos attacks do you have? Is investors money safe in your service? Where is the server located?

The investors money are always safe, since they are handle by PerfectMoney or LibertyReserve that makes use of rigid SSL protocols to ensure data protection.

12. What are your plans for the future?

Well I cannot disclose what kind of specific plans we have, but I can say that we are always working to improve the customer experience, and develop new and even more attractive investment vehicles. However I can tell you what we just did. we have just re-branded our Information & Technology fund into a GreenInvesta™ fund. Why green energy you might ask ?. Well from an investment perspective, it is now beyond doubt that climate change is real. The economic risks are significant and almost no sector of the economy will be immune. Electric power companies, oil producers, and automakers all face high risks from emerging regulations aimed at reducing global warming pollution and from European and Japanese competitors who are already developing products for their low-carbon economies.

13. Tell me a few reasons to join your program.

Well for one, our realistic profits, we do not offer you 5% an hour, a day, or even a week, simply because that kind of profit only exists in dreams. We live in the real world, where real investments take place. We have simple, streamlined investment vehicles, that are all trademarks of Envision Labs Inc.

14. Anything you wish to add yourself?

There is always a risk as with anything here in life, everyone telling you the opposite is a liar. Companies who offer you gurantees are liars. There are NO guarantees in this business as there are no guarantees in life. However we believe we can better the online investment industry, that for far to long has been the essence of instability. We are a real investment company, with real and realistic payouts. Think about it, can you really make 10% a day ? NO YOU CAN NOT. But together we change the investment game…

Perfect Money is an international scam, organized around a few sites (media, hosting, hyip, exchangers), run by international scammers based in Russia. Today the situation is clear: NOBODY wants Perfectmoney anymore. Most exchangers do not accept Perfectmoney now, or charge very high fees. It means that if you have, now, some Perfectmoney yet, try to exchange or sell it as soon as possible, even with a high rate, as it will be soon completely impossible! The last exchangers that accept Perfectmoney are waiting their payments since a few WEEKS now, and will more than probably completely stop accepting this dead e-currency very quickly.

Remember e-gold! Most of us have money in our e-gold account: NICE DIGITS ON A SCREEN, but for sure not usable money!

FACT: The Hellenic bank in Cyprus is about to close the Perfectmoney account (CY02005002400002400781226901). That will be the 4th bank that kicks the ass of these scammers! This should be a good reason for Perfectmoney to decide to terminate their business and leave the building.

Perfectmoney continues to announce some “new features”, clearly the last attempts to get money before the runaway. In the same time, Perfectmoney is trying to eliminate his major competitors on the e-currency market: The 3 last months, Libertyreserve was attacked by DOS on a regular basis and every week or so their website came unavailable. Since 4 days now, Ecumoney is the target of the DOS attacks of perfectmoney. The perfectmoney scammers probably imagine that by making their competitors unavailable, users can not exchange their perfectmoney for other e-currencies.
E-currency was always a very special world, but it is the first time that such methods are used in this market, at such a scale. But as it is also the first time that the scammers have a NAME (Privet, Maxim Igorevitch Sviridov! You are of course not the top boss of this scam, but maybe you can get in trouble soon too. Alexander, privet too, you also are well known. Etc.), an ADDRESS (Number 1 Avenue Lenin in Moscow, offices 109 and 110), there will be probably consequences for these scammers of their criminal acts. To help people recover their perfectmoney we will publish some interesting photos very soon on a nice blog. Photos, with passport copies, addresses, and FACTS. Scammers, for this time, are identified and will face the consequences of their acts.

So guys, if you have still not wiped your perfectmoney account, don’t wait. Or you will be only one of the victims of this e-currency scam.

Good luck!

For those of you who just subscribed, here is the content of our last information mail about perfectmoney:

Some fact about PERFECT MONEY:

Since 2 weeks selling your perfectmoney is very hard: Not only exchangers rates have dramatically increased but many exchangers STOPPED accepting Perfectmoney.

An excellent summary on the excellent TALKGOLD.COM

forum, the Bible of e-currency users:
http://www.talkgold.com/forum/showpost.php?p=3130459&postcount=1

“Help: Almost all perfectmoney exchangers stopped accepting perfectmoney!!”

Why this situation? Because the real face of Perfect Money begins to be shown: The face of an international group of scammers who build a big network of sites around their e-currency: Media (ecommerce-journal), hosting company (Dragonara), hyip (Stoic Capital was their last closed scam, others are still online like Panamoney,), exchangers (trainex who operates in the same office than Perfect Money), etc etc

Again from Talkgold:
http://www.talkgold.com/forum/r251873-.html

“HUGE SCAMMERS NETWORK REVEALED – ecommerce journal + Panamoney + PM + Others ”

All this would not be at first bad if the methods used were honest. It is really not the case:

Using hyip (SCAMS) to promote his own e-currency is a new method in the long story of e-currencies, none did it before Perfect money! Using a media to not only PROMOTE perfect money but also violently attack other e-currencies, is also new. Using his own hosting company to operate DDOS attacks about the 2 main competitors of Perfect money (Libertyreserve and Ecumoney) is also a new method of marketing largely used by Perfectmoney!

But where is Perfectmoney located?

Perfectmoney advertises themselves as “Swiss company”. It is in fact registered in Panama, with a Panama financial license, a package that any scammer can get for about $2000 on any “offshore services reseller” in 2 weeks. But this Panama location is a fake: Perfectmoney sends and receive payments using a “Perfect Money Financial Corporation” bank account in Cyprus, in the “Hellenic bank” (Account CY02005002400002400781226901)

“Perfect Money Financial Corporation” is a Moscow (Russia) registered company, legally located in Moscow, Avenue Lenin number 1, office 309.

Interesting to note that at the same address operates an e-currency exchanger, TRAINEX.RU

. Trainex of course never admitted being Perfect Money themselves. Why?

Perfect Money was using some months earlier a bank account in LAIKI bank in Cyprus. Laiki bank decided to terminate the Perfectmoney account after the bank understood that Perfectmoney is managed by a team of international scammers. Currently, the Hellenic bank is also investigating Perfectmoney and the closure of their bank account is a matter of days. And with the current situation (Nobody wants to buy your perfectmoney), sure that the account closure will mean the end of perfect money, scammers will run away with the funds they have already cashed out.

Perfect money uses another company to launder their funds:
Knights Finance Corporation, a Panama company (again!) using a bank account in… Cyprus of course, guess where? In the Hellenic bank, Account CY14005002400002400781239101!

So, Perfectmoney is finally a Moscow based company (There are at least real guys there, some photos will soon be published in a blog especially opened for this), using a few offshore companies to launder money coming from their own HYIPs, organizing DDOS attacks through Dragonara against their competitors.

Exchangers, who have often access to inside information, understood the problem and decided to increase their fees and even for many of them, to stop accepting perfectmoney. The e-gold debacle began like this, and finally nobody can sell e-gold. The difference with e-gold is that e-gold was/is run by honest people who do not hide, as perfectmoney is run by scammers who hide! We have the identities of the guys behind perfect money and are ready to publish them with a bunch of photos, AS SOON AS PERFECTMONEY WILL HAVE DECIDED TO RUN AWAY! Considering to the current situation that should be very soon: Nobody wants perfectmoney anymore, so the logical reaction of the scammers will be to say “Ok, let’s stop NOW and disappear with what we could take til now”.

Those who sold e-gold at 5% fee found it very expensive. Today they are very happy ot have got rid of their gold!

I personally had about 1500 bucks in Perfectmoney and got VERY VEY HAPPY to have sold it at 10% some days ago, as the exchanger stopped accepting perfectmoney 2 days after he processed my payment! That is why even at 10 or 15% today, it is highly recommended to get rid of this scam e-currency as soon as possible.

Currently the perfect money scammers announce “new services” like for example an SMS funding option – very expensive but the point isn’t here. They just want to attract the last bucks before the runaway. It is more than probable that ecommerce-journal publishes very soon an article against other e-currencies, as usually between 2 flashing banners of perfectmoney! Perfectmoney will probably post one or two more messages on their website at the Glory of their system, sure.

They are just acting like all HYIP do before the runaway.

Most of the on-line investment programs are not so transparent. Silver Lodge is different. This program is unique in the on-line investment world.  Silverinvest Ltd is a legal entity incorporated and operating in England and Wales.  It`s very easy to verify their company status,  just go to the Companies House site and place the Company number (06789875) into the field. You should see this information:

Although, Silver Lodge is a private club. It means that not just anyone can get in. Sometimies the program is re-open for new members, so be in touch with new updates of this program.

So how are Louise Batiste and his partner Dominique  investing members’ money? They claim that they purchase silver directly from select mining companies below wholesale price. Then they retail silver to coin manufacturers and into fine jewelry.

The accepted payment processors are different. Currently they accept  Liberty Reserve, PerfectMoney, Strictpay, Solidtrustpay and Alertpay.  The minimum amount of investment is only $10, so everyone is able to make a test spend.

About the plans, there are three options to choose from when making an investment with Silver Lodge, Weekly, Bi-Weekly, Monthly and special plan called: 140. Detailed investment plans:

As you probably noticed in this program you are able to earn much more than in any bank or investment fund.

Silver-Lodge is using NeverSay script,  and they host their site on HushHosting services, with a great DDoS protection.

From my experience I have to say thay their support is responding very  quickly and my questions and problems are handled quickly and accurately and downtime is very minimal. Physical postal address, telephone number and proof of their investment activities are available for a verified members.

Summary: I am for about 4 years in this industry, as a monitor admin and a regular investor, and I have to say that Silver Lodge is one of my favorites and it`s an interesting investment opportunity that everyone should have in their portfolio. In my opinion program activity like SilverLodge rebuild confidence to on-line investment programs ruined by a world scammers.

Money-Monitor Status

1. Dear Sir, first of all please introduce yourself.
What is your name and your position in the sportarbs.com?

I’m Michael Atkinson and I full fill a support/PR position in SportArbs Limited. I’m answering your questions together with Klaus Schumann who is working as a Senior Arbs Expert, in case of certain questions related to our betting strategies.

2. Why did you decide to open your service? What is the main purpose  of Sportarbs?

Due to the risk on the regular investment markets, including but not limited to Forex, stocks and commodities SportArbs developed a system to automatically place bets on various bookmaker sites. We did use this system a long term internally, however, we felt this could be something a wider audience would be interested in. This also gave us the possibility to place more bets, with higher sums to achieve a greater return.

3. How long has your service been on-line, when did the operation begin?

The service as is, for the public, got introduced to it on April the 11th of 2009. Our system, the arbitrage betting solution we did develop, is active since approx 2006. With this in mind we can conclude we have certainly in-field knowledge as well as an educated staff at this point.

4. Please introduce your team. How many people are running your service?

We do have 12 peoples operating our system. Marketing experts who watch the arbitrage market in order to find new opportunities to place bets on, PR officers to visit certain high depositors in person to explain the benefits and use of the system, bookmakers in order to communicate with arbitrage companies and to keep track on our business, accounts to produce the papers for either the government and/or our inverters, our support division and our technicians who make sure our system remains online and operating.

5. What is your experience with Sports Betting? What is your professional background?

I did answer this I felt in the previous questions, however, this is written by Klaus Schumann who we did introduce earlier as Senior Arbs Expert has a 10 year experience as a traditional bookmaker and a history of being a professional arbitrage better.

6. Where are you based? Are you a registered company, if yes, where is the company registered?
Can I visit your office?

SportArbs is part of an officially registered United Kingdom private company limited by shares (LTD).
The United Kingdom is one of the countries that offer hassle free the opertunity to operate on the arbitrage field. For this reason we do bank and held office in the United Kingdom as well on the Island of Main.
Visiting isn’t an issue, just make sure you make an appointment and reason of visit so we can make sure the right person to speak to assist you is in place.

7. Are you a hyip (high yield investment program)

If you mean by HYIP a structure as shown here; http://en.wikipedia.org/wiki/High-yield_investment_program we can assure you we don’t operate that way.
Due to arbitrage betting being one of United Kingdom’s most old fashion investing ways there are allot of requirements to full fill and follow which are regullary inspected by the (local) government. All profits we make are made from arbitrage deals.

8. What protections against DDoS attacks do you have? Is investors money safe in your service? Where is the server located?

Our website and servers are hosted by Dragonara in the United Kingdom. As said we are based in the United Kingdom and arbitrage deals are allowed to be performed in the United Kingdom. To avoid any issues for either us or our investors we chose to locate the hosting in the United Kingdom.

Our routing does so called null-route DDos or other malicious attacks, in order to keep information stored on our servers in a secure environment. Dragonara is 24/7 reachable for us in case of anything, this reason we can guarantee an uptime of about 99%.

9. Are there any limits to how much money I can fund into your program?

Limits are certainly in place on our program. We do have to do so in order to follow certain Know Your Client (KYC) policies in the United Kingdom. However for people who wish to make a greater deposit we offer the service of a personal meeting with one of our PR advisers. We will simply fly to the investor and have the papers signed in a manual fashion.

10. Why don`t you return principal amount to investors?

Due to the fact our system automatically performs all betting and deposits with (investors) money, it’s very difficult to do a cash-back at the end-point of the program.
The return on the other hand as we offer is clear and simply just made by arbitrage bets.
It’s simply impossible and you most likely know this better then us, to offer a higher return with the current market situation.

11. You claim on your site that: “a compounding rate cannot be changed after investment is made”, but if someone set a compounding to 0-20%, he will not be in profit in your program. Why do you allow to set
no-profitable compounding percent and why do you disallow to change it later?

As mentioned previously, all funds deposited to our program will automatically be send over to the arbitrage deals that do full-fill the investors configuration. It’s slightly impossible to ‘book-back’ the money or adjust the plan later on. Those that are willing to seriously invest will follow the certain math schemes as described on our
site before making an investment we felt, however, we don’t prohibit the client to later on re-invest for another 42 days with his earnings set to a 100% compounding rate.

12. What is your relation to arbstrading.com Company? What does it mean that “We worked with this company”?

I’ve to apology for not being authorized to answer this partial question.

13. Do you offer a referral program?

We do work with a 3-level deep referral program in case to make it interesting for our clients to introduce there friends, relatives or associates to our program. The first stage is at 7 percent.

14. How is working your “Stabilization fund”? It is necessary to create such fund for a “risk-free business”?

As every other investing company we do have to have a certain fund. It’s regulated by law and it gives us the opportunity to have a so called reserve. In case of any non-expected non-betting holiday we do have funds in order to pay our clients.

15. Is it really a risk-free business? You have to open accounts at many bookmakers, some of them are not reliable or they process your withdrawal requests for a long time. Sometimes some bets are canceled or changed. How do you reconcile it?

We can assure that arbitrage betting done in our fashion is risk free. With the bookmakers we deal we do have a long-time trust relationship. For this reason we can guarantee a quick payout from there companies to our trust account. Our investors won’t notice any
delays in case they occur. Even if they do we still have our stabilization fund to perform payouts with.

16. What kind of support do you offer to your clients? Any distinction  for VIP investors with large deposits?

We do offer various levels of support, for regular investors (< $ 10.000), we do offer support by email, for senior investors < $100.000 we assign a personal investment manager to assist the client with his needs and we offer 24/7 phone support. For
VIP investors > $ 100.000 we do offer support in person. This means one of our advisers will fly in person to the client to assist him with his needs.

17. What are your plans for the future? Do you plan to add more payment processors?

We do have various plans settled for future expanding. However these remain now in research/learning stage so until it’s time we won’t disclosure these. We did plan to adjust certain information on our website and include a so called blog on our site in order for our clients to easily follow news, updates and changes in an open environment.
Since we already take Perfect Money, Liberty Reserve and bank wire we don’t feel any expansion on this field is needed.

18. What makes sportarbs.com unique from other investment on-line opportunities? What are the main advantages you have over? Tell me a few reasons to join in your program.

SportArbs is unique in it’s kind due to the fact we use a self-developed and maintained investment environment in order to anticipate automatically on arbitrage betting.
We do offer a transparent and reasonable return, due to the credit/market crisis stocks, Forex or real estate won’t bring in profit. With our platform we offer a real, risk-free business to invest in and earn money from.

19. Question from Roman, admin nolimitinvestments.com service:
Would your automatic software work always? What about a summer time? There is less possibilities for betting

Our system has been tested for over a year. This did include indeed the Daylight Saving Time.
We can reveal we make use of the so called Network Time Protocol (NTP) in order to assign the correct GMT. This way our software won’t be affected by any time zone change.
During the summer there are an equivalent number of opportunities to perform arbitrage deals.

20. What is your opinion about money-monitor services?

We do respect the work as been done by money-monitors. However we do notice a close tie to the earlier mentioned HYIP project. We would like to distance ourself from such as it isn’t something we would like to be labeled/associated with.
Still we think it is good to point new investors at the risks of investing and/or investment programs and we do hope to contribute with some useful information for them.

21. Anything you wish to add yourself?

We would like to add that sportarbs.com is a really top-notch project where everybody can make an investment and earn a decent, transparent and reasonable return.
Now the stocks are dropping and other investment opportunities become risky we are glad to introduce the audience a new way in order to achieve an interesting financial return.
In case of any more questions don’t hesitate to contact our support division at:
support@sportarbs.com

Thank you!

SportArbs at Money-Monitor

Trainex – well known exchenge service – Starting from today stop working with Liberty Reserve payment system.

Trainex service was an official exchanger of Liberty Reserve. What happened? We will not convince who’s Guilty of current situation, we will just publish correspondence history between Liberty Reserve and Trainex and official Trainex position:

Liberty Reserve appeared to be scammers. LR accounts are hacked, we do not work with LR anymore!

On February 23 we found 47, 000 USD missing from your account in Liberty Reserve.
Here is the screenshot of our account:

We have contacted LR but during the first two days we received only the replies of support service which were more like the responses of the bots rather than the replies of the human beings. All the messages contained one and the same information: LR does not bear any responsibility for the money stolen from users’ accounts!

In two days after we found our funds missing we were introduced to some Eric Paltz who has allegedly a person from “Business department”. During the following two days that person was dealing with our problem trying to understand how that could happen though no certain information was disclosed to us.

Also he refused to return us the money that we have managed to block those days.

Then he stopped replying our messages. Probably he learned that the system had been breached and money from clients’ accounts disappeared due to the bugs in Liberty Reserve’s API system. Later on talkgold forum some person posted the information that LR has been hacked and put the approximate amounts stolen. Besides Trainex there were lots of people who have lost large amounts and suffered great losses. The proofs they provided showed the direct evidences of Liberty Reserve system breach.

We have sent a letter to Liberty Reserve with a suggestion to refund the money stolen through no fault of the people suffered, since we thought that it would be the best solution. We added that otherwise we would stop any operations with this system.

In two days Liberty Reserve have posted an update in their blog and announced that that trainexservice.com along with other exchange services that suffered from LR breach is scam and fraud service.

Thought here we would like to note that Trainex worked with Liberty Reserve system from the very day it has been launched. It won’t be an exaggeration if we say that the exchange transaction volumes of Trainex were among the highest ones in Liberty Reserve and it was Liberty Reserve that was recommending using our service on its homepage considering us to be a reliable partner for making exchanges.

And now, as it became known that the simplest way out for Liberty Reserve was to announce the clients (including the exchangers) suffered from that breach scammers, and to deprive them of any reimbursement.

In addition they have stated that one shouldn’t exchange LR with exchangers listed. Though it was silly of them since neither we nor any service listed would make the exchanges anymore.

People living in Ukraine and using the offshore law and their location in Costa Rica as a cover behaved not like the scammers but like the people who live without any principles and knowledge of the business ethics, and who don’t know the meaning of such word as “trust”. And it is trust that underlies the Internet business.

It doesn’t matter whether those people standing behind LR locate in Ukraine or Costa Rica. The important issue is that they look with arrogance at the people who were robbed of their money. It is important to note that alike any business the Internet commerce is built on the generally recognized principles of decency and morality, and the total neglect of those principles by Liberty Reserve resulted in the situation when lots of people have lost their money and they will never enter www.libertyreserve.com in the address line of their browser anymore!

When writing the current message we have received a message from the so-called Eric Paltz who wrote us from the so-called Costa Rica. From his message we learnt that he happened to help us (by throwing dust in our eyes and then keeping mum for several days), and after our request to recover our money he announced us scam and fraud.

Everyone should admit his or her mistake but not to try to correct them by blaming the people suffered.

Who is the scam and the fraud service will judge the Internet society. According to Liberty Reserve it was our fault. Moreover it was said that the exchangers which have a long experience and understanding what the IT security is, were simply attacked by the phishers. But it is a nonsense! We understand that a single instance can be a result of the phishing attack. But it is impossible to imagine that a group of people and companies have lost their money at the same time due to the phishing attacks.

Trainex hopes that the Internet society will draw the right conclusions from this situation. We sincerely hope for the support of all the Internet users and our clients for the sake of whom we successfully operate during 5 years!

Correspondence history:

maksim sviridov:
Hello, my name Maksim Sviridov. I am ceo of Trainex Service. Our company is your official exchanger. Someone did a transfer from our account.
U2527498 (Trainex Corp)
batch 12389314
date 2/23/2009 11:33
amount $47000.00

We need all possible information about this transaction, we suppose that some
one steal money from our account. Please, we need IP address which someone use to access account on this day. it was not our men, because on this day we have a holliday so there were nobody at office. And also we need infoemation were money gone from this account. I hope you may help.
———-

Abuse dept
Dear customer.

Please note that Liberty Reserve payment system is very secure and it is being monitored and tested daily by McAfee and other companies to maintain its stellar security. The only way for someone to have full access to your account is for someone to have access to your e-mail address or computer via trojan virus, or once you visit a malicious web site that is set up to collect login information of account holders. Also, please be aware that Liberty Reserve never sends out any links via e-mail. The first thing for you to do would be to make sure taht your computer remains safe ( we recommend Kaspersky Internet Suit), and it is better to open a new account than to use the one that has been compromised, if you wish to receive more information about this particular transfer we will require a valid court order to release any information not related to your account directly.

Maksim Sviridov.
So, you mean that you dont care that money was stolen and you will do
nothing. and will provide us NO information at all? What kind of valid
court order you need. Should we go to police and told them that someone
we do not even know stole our LR units and we have nothing because
System is so secure and they didnt gave us anything!
Well, We singned a king of contract with you. We are official exchanger,
Why do you request so many papers from us and dont want to help. And by
your deeds you want to help thiefs? do i understand you right? We just
want to find anyways of OUR money and you will do everything to prevent
us from doing it????/

Abuse dept:
Dear Customer.

Please note that on our terms of services you will fidn further information about how can and how can we not proceed in this cases. We CAN NOT reveal any kind of information about any other account holder, we have not way to know who is telling the true and who is not. We will need a court order in order to reveal any kidn of information, please seek for legal counsel in your country, send the order to our business department and attach a national ID and passport copy. We understand your concern, but we are under the Costa Rica laws, and we can not help you any further without the aforesaid documents. And please also note that Liberty Reserve payment system is very secure and it is being monitored and tested daily by McAfee and other companies to maintain its stellar security. The only way for someone to have fullaccess to your account is for someone to have access to your e-mail address or computer via trojan virus, or once you visit a malicious web site that is set up to ollect login information of account holders.

Thank you.

Maksim Sviridov:

I understand. So you even will not block thiefs\’s account, right? If you
do not who is right you will do nothing.. excellent position.
why us do somethig like this. Our goal is not to send money somewhere
and then bothering you. We exchange money, and do business honestly.
it is very pitty that IN COSTA RICA laws made for thiefs! Fine we will
try to find out how to give you court order. AND CAN YOU ACCOUNT
U2527498 (Trainex Corp)??? WHILE WE ARE TRYING TO PROVE YOU THAT WE ARE
RIGHT AND THIEFS ARE NOT RIGHT!

Abuse dept:

Dear Customer.

Please note that this kind of issuea are in the hands of our Business Department.You are able to get in touch with them by utilizing our contact form. Send your request and they will contact you as soon as is possible with further details about how to proceed.

Thank you.

???????? ? Business@help.libertyreserve.com
Dear Maksim,

Do you have an ICQ or can you contact me to my personal e-mail address at business@libertyreserve.com.
It will be easier and more efficient. I may have some good news about your case today.

Regards,
Eric Paltz.

> Hello,
>
> I am really sorry that my behavior seems to you rude, but I was worring
> about money and of course i wasnt trying to insult you. I just speak
> with Abuse dept. and they answers seems like copy and past standart
> answers. I tried to explain that our company worked for a long period
> with different e-currencies and with each of them we are trying to build
> strong relationships and trust. A few months ago you send us contracts
> wich we signed up and that may show that we have only good expectancies.
> I understand that making business only and especially running e-currency
> system is not very easy. We saw many system crashed because of different
> reasons. And I realize that your are trying to avoid other’s mistakes.
> But i thought that we some kind of pertners (not exactly but somehow).
> We trust you and suppose you trust us. And in that metter we want
> expected some understanding in our case. I see that you keep trying to
> follow rules and laws. So i see that you directed us to Eric Platz.
> Thank your for you answers and again sorry.

???????? ? Business@libertyreserve.com
Eric Paltz ?????:
>> Dear Sir/Madam,
>>
>> I have received copies of your tickets. Please note for emergencies
>> you may contact me directly at business@libertyreserve.com. I also
>> have ICQ number if you ever wish to chat directly.
>>
>> I am looking into your matter. I should have more information soon.
>>
>> Regards,
>> Eric Paltz
>> Business Development
>> Liberty Reserve S.A.

Dear Maksim,

> here you may see may talk with abuse dept. I just want to add that we have a kind of
>
> verified account you know aour adress and probably i even sent a scan of my
>
> passport. And men or women who controled account U2527498 did somethig like this? So
>
> may be you know who telling truth. and as i understand your system supports people
>
> who making money illegaly?

I don’t understand. Are you asking for help or trying to insult? We have never announced that we support any legal
activity and we have successfully accommodated various law enforcement agencies to apprehend and bring to justice over 14 individuals.
Can you name another system that goes that far?
And if you make such false claim and believe in it, does it mean that by working with us you support such activities? It’s simply outrageous!!!

>
> And one more question, Do you need court order from COSTA RICA court or You need
>
> Russian court order?

Depends for what. We normally help voluntarily (in some cases) all companies that treat us with the same respect as we treat them.
The only court orders and subpoenas that have power in Costa Rica are those issued by a Costa Rican court.

>
> And i didnt understand did you block account U2527498? Or it is not impossible?
>
> Sorry that somewhere is was quite rough but i care about my money. Thank you for
>
> answering me.
>

The account mentioned above has been blocked after your first complaint.

Regards,
Eric Paltz.
Business Development
Liberty Reserve S.A.

Maksim sviridov:
Hello,
>
> I am really sorry that my behavior seems to you rude, but I was worring
> about money and of course i wasnt trying to insult you. I just speak
> with Abuse dept. and they answers seems like copy and past standart
> answers. I tried to explain that our company worked for a long period
> with different e-currencies and with each of them we are trying to build
> strong relationships and trust. A few months ago you send us contracts
> wich we signed up and that may show that we have only good expectancies.
> I understand that making business only and especially running e-currency
> system is not very easy. We saw many system crashed because of different
> reasons. And I realize that your are trying to avoid other’s mistakes.
> But i thought that we some kind of pertners (not exactly but somehow).
> We trust you and suppose you trust us. And in that metter we want
> expected some understanding in our case. I see that you keep trying to
> follow rules and laws. So i see that you directed us to Eric Platz.
> Thank your for you answers and again sorry.

Eric Paltz:
Dear Maksim,

We are tracing your funds all over the system. Some of them went to
ECU and PM i think, no other payment systems were involved. I will
provide you with some more details a little later.

Regards,
Eric Paltz.

466671 (20:17:08 25/02/2009)
Thsi is Eric Paltz

466671 (20:17:15 25/02/2009)
Do you have 10 minutes?

Trainex PayPal Sup. (20:17:24 25/02/2009)
yes of course i have 10 minutes

466671 (20:17:28 25/02/2009)
I am ab0out to finish something and will talk to you next

Trainex PayPal Sup. (20:17:29 25/02/2009)
nice to meet you

Trainex PayPal Sup. (20:17:39 25/02/2009)
i am listening

466671 Eric Paltz LR (20:18:53 25/02/2009)
??????????? ????????

466671 Eric Paltz LR (20:31:02 25/02/2009)
Almost done. Sorry. 3 more minutes

466671 Eric Paltz LR (20:39:38 25/02/2009)
Ok, I am ready

Trainex PayPal Sup. (20:39:51 25/02/2009)
nice. i am listening

466671 Eric Paltz LR (20:39:51 25/02/2009)
Can I please have the account number in question (yours)

Trainex PayPal Sup. (20:40:20 25/02/2009)
X9869435

466671 Eric Paltz LR (20:41:24 25/02/2009)
As I work with you, we will need a stetement from your company/holding/person responsible for account so that we can at least have something on paper from you as to why we are releasing ifnormation

466671 Eric Paltz LR (20:41:39 25/02/2009)
We will try to provide as much information as possible

Trainex PayPal Sup. (20:42:19 25/02/2009)
oh, thats great. Do you have an example of paper?

Trainex PayPal Sup. (20:42:41 25/02/2009)
?? we have to create it by ourselfs?

466671 Eric Paltz LR (20:42:41 25/02/2009)
Hmm, let me ask our legal if they have something in mind

Trainex PayPal Sup. (20:42:51 25/02/2009)
ok

466671 Eric Paltz LR (20:42:54 25/02/2009)
you will need to eventually create it by yourself

Trainex PayPal Sup. (20:43:28 25/02/2009)
what requiements?

466671 Eric Paltz LR (20:43:37 25/02/2009)
Ok, As you can see account name the 47K went to is Trainex Corp

466671 Eric Paltz LR (20:43:42 25/02/2009)
Does it belong to you?

Trainex PayPal Sup. (20:43:44 25/02/2009)
yes we see

Trainex PayPal Sup. (20:43:52 25/02/2009)
no it doesnt

466671 Eric Paltz LR (20:44:17 25/02/2009)
Ok. The account was blocked as soon as you have reported it to us, it has $0.06 cents in it.

Trainex PayPal Sup. (20:44:39 25/02/2009)
oh, as we supposed )

Trainex PayPal Sup. (20:45:08 25/02/2009)
well i can made a kind of paper in hour or so and send it to email.

466671 Eric Paltz LR (20:45:14 25/02/2009)
Do you need registration information ?

Trainex PayPal Sup. (20:45:28 25/02/2009)
we need all avaliable information

466671 Eric Paltz LR (20:45:30 25/02/2009)
I can provide some ifnormation before we get the paper, we are trying to help after all

466671 Eric Paltz LR (20:45:40 25/02/2009)
DOB used is 4/18/1982

466671 Eric Paltz LR (20:46:38 25/02/2009)
Name Stephen Mack

466671 Eric Paltz LR (20:46:45 25/02/2009)
Address 96 Burlow St

466671 Eric Paltz LR (20:46:53 25/02/2009)
Luiseville

466671 Eric Paltz LR (20:46:57 25/02/2009)
US

466671 Eric Paltz LR (20:46:59 25/02/2009)
State CA

466671 Eric Paltz LR (20:47:03 25/02/2009)
94022

466671 Eric Paltz LR (20:47:16 25/02/2009)
Tel 650-938-8486

466671 Eric Paltz LR (20:47:25 25/02/2009)
email m8r-ux96g3@mailinator.com

466671 Eric Paltz LR (20:47:36 25/02/2009)
Account opened 4/14/2008

466671 Eric Paltz LR (20:47:51 25/02/2009)
From this IP 89.248.169.108

466671 Eric Paltz LR (20:49:17 25/02/2009)
Now, from that account via this transfer: 2/23/2009 11:38:24 12389464 U2527498 more…
(Trainex Corp) $0.06 $46997.00 $2.99 $46994.01 U1014282 more…
(4fxtrader.biz)

466671 Eric Paltz LR (20:49:31 25/02/2009)
went to U1014282 (4fxtrader.biz)

466671 Eric Paltz LR (20:49:38 25/02/2009)
is this account known to you?

Trainex PayPal Sup. (20:49:58 25/02/2009)
trully speaking, i see it for the first time

466671 Eric Paltz LR (20:50:04 25/02/2009)
Memo of the transfer was; deposit

466671 Eric Paltz LR (20:50:51 25/02/2009)
4fxtrader.biz U1014282

466671 Eric Paltz LR (20:51:00 25/02/2009)
DOB 2/18/1978

466671 Eric Paltz LR (20:51:06 25/02/2009)
Alvin Barkley

466671 Eric Paltz LR (20:51:15 25/02/2009)
100 Clarewood Cres

466671 Eric Paltz LR (20:51:27 25/02/2009)
Yorkton

466671 Eric Paltz LR (20:51:29 25/02/2009)
US

466671 Eric Paltz LR (20:51:30 25/02/2009)
Utah

466671 Eric Paltz LR (20:51:39 25/02/2009)
Zip 84720

466671 Eric Paltz LR (20:51:52 25/02/2009)
phone 1-301-752-5270

466671 Eric Paltz LR (20:52:02 25/02/2009)
e-mail: m8r-g74jd8@mailinator.com

466671 Eric Paltz LR (20:52:23 25/02/2009)
registered 6/27/2008 – referred by U7603857 (Robin Hill)

466671 Eric Paltz LR (20:52:36 25/02/2009)
Account balance $2885.04

466671 Eric Paltz LR (20:52:42 25/02/2009)
Account is currently restricted

466671 Eric Paltz LR (20:53:25 25/02/2009)
Oh, registration IP is 85.214.73.63

466671 Eric Paltz LR (20:54:27 25/02/2009)
one second phone call

466671 Eric Paltz LR (20:54:33 25/02/2009)
does this help?

Trainex PayPal Sup. (20:54:56 25/02/2009)
now, i dont think so, but anyway it much than nothing

Trainex PayPal Sup. (20:55:19 25/02/2009)
how much was transfered to this account?

466671 Eric Paltz LR (20:57:37 25/02/2009)
to which one?

466671 Eric Paltz LR (20:57:48 25/02/2009)
U1014282?

466671 Eric Paltz LR (20:57:56 25/02/2009)
all funds went to it

Trainex PayPal Sup. (20:58:03 25/02/2009)
yes/ oh i see/

466671 Eric Paltz LR (20:58:05 25/02/2009)
the 2885.04 is recoverable

Trainex PayPal Sup. (20:58:21 25/02/2009)
I see

Trainex PayPal Sup. (20:58:33 25/02/2009)
well and what next?

Trainex PayPal Sup. (20:59:33 25/02/2009)
i suppose that information is fake

Trainex PayPal Sup. (20:59:38 25/02/2009)
but we will check

466671 Eric Paltz LR (21:00:38 25/02/2009)
One sec, on the phone

466671 Eric Paltz LR (21:02:32 25/02/2009)
SCI 2/24/2009 06:32:28 12417026 U1014282 more…
(4fxtrader.biz) $188.03 $0.00 $4500.00 $2.99 $129136.55 X4447122 more…
(SwapGold.com)
2/24/2009 06:25:53 12416924 U1014282 more…
(4fxtrader.biz) $4688.03 $0.00 $7700.00 $2.99 $15394.02 U7784469 more…
(truexchange)
2/24/2009 06:21:15 12416836 U1014282 more…
(4fxtrader.biz) $12388.03 $0.00 $5500.00 $2.99 $15394.02 U8507103 more…
(ACB Trade Services)
2/23/2009 13:26:17 12392964 U1014282 more…
(4fxtrader.biz) $2894.01 $0.00 $4500.00 $2.99 $4497.01 U9074547 more…
(The Stoic-Capital)
2/23/2009 12:02:09 12390481 U1014282 more…
(4fxtrader.biz) $7394.01 $0.00 $7700.00 $2.99 $7697.01 U7784469 more…
(truexchange)
2/23/2009 11:53:45 12390217 U1014282 more…
(4fxtrader.biz) $15094.01 $0.00 $9900.00 $2.99 $9897.01 U8507103 more…
(ACB Trade Services)
SCI 2/23/2009 11:48:18 12389833 U1014282 more…
(4fxtrader.biz) $24994.01 $0.00 $15000.00 $2.99 $113893.86 X4447122 more…
(SwapGold.com)
SCI 2/23/2009 11:43:47 12389677 U1014282 more…
(4fxtrader.biz) $39994.01 $0.00 $4000.00 $2.99 $46588.71 X114827 more…
(SuperChange.ru)
SCI 2/23/2009 11:41:06 12389603 U1014282 more…
(4fxtrader.biz) $43994.01 $0.00 $3000.00 $2.99 $24372.42 X115658 more…
(wm-center)

466671 Eric Paltz LR (21:02:43 25/02/2009)
This is the history of transactions from this account to others

466671 Eric Paltz LR (21:02:58 25/02/2009)
it will be easier to put it in word processor and make one entry per line

466671 Eric Paltz LR (21:03:39 25/02/2009)
let me know if you have questions – I can wait

Trainex PayPal Sup. (21:04:55 25/02/2009)
ok, yes, i need some time

466671 Eric Paltz LR (21:06:54 25/02/2009)
As for funds, if any in our system – they are restricted, if some have left to exchangers – there is nothying that can be done. We use SBAI9 system for funds tracking, it is very efficient

Trainex PayPal Sup. (21:33:15 25/02/2009)
thanks a lot

Trainex PayPal Sup. (21:33:26 25/02/2009)
i am contacting for these people

Trainex PayPal Sup. (21:33:37 25/02/2009)
some funds were thransfered by WU to moscow

Trainex PayPal Sup. (21:33:52 25/02/2009)
so there is a very small chance but )

466671 Eric Paltz LR (21:34:33 25/02/2009)
There are some funds in accounts and i think one of exchangers reversed the transfer because they could not process LR to ECU

Trainex PayPal Sup. (21:34:33 25/02/2009)
i will contact all of these companies and i think tomorrow i contact you and we will make a kind of paper argeement

Trainex PayPal Sup. (21:34:45 25/02/2009)
your information very helpful

466671 Eric Paltz LR (21:34:56 25/02/2009)
I am still looking at all details, but if funds are in system – they were stopped. unless some had time to go to exchangers

Trainex PayPal Sup. (21:34:57 25/02/2009)
again sorry for rude words at first day)

466671 Eric Paltz LR (21:35:06 25/02/2009)
I am glad I was able to help

466671 Eric Paltz LR (21:35:12 25/02/2009)
Let me know if any more ifnormation is needed

Trainex PayPal Sup. (21:35:27 25/02/2009)
ok, thanks again

466671 Eric Paltz LR (21:36:33 25/02/2009)
no prob

Trainex PayPal Sup. (23:19:24 25/02/2009)
eric i understand that asking too much but can you give me anything about this accont 2/24/2009 06:25:53 12416924 U1014282 more…
(4fxtrader.biz) $4688.03 $0.00 $7700.00 $2.99 $15394.02 U7784469 more…
(truexchange)

Trainex PayPal Sup. (23:20:06 25/02/2009)
i am trying to contact truexchange.com via telephone and other avaliable contacts and there is none

Trainex PayPal Sup. (23:20:21 25/02/2009)
so maybe information about account

Trainex PayPal Sup. (00:01:59 26/02/2009)
we need info about account

Trainex PayPal Sup. (10:45:52 26/02/2009)
hello,

Trainex PayPal Sup. (10:46:15 26/02/2009)
i get some answers from people i suggest to be account holders.

Trainex PayPal Sup. (10:46:39 26/02/2009)
and if it is possible can you give me MEMO for these transfers

Trainex PayPal Sup. (10:46:43 26/02/2009)
2/24/2009 06:21:15 12416836 U1014282 more…
(4fxtrader.biz) $12388.03 $0.00 $5500.00 $2.99 $15394.02 U8507103 more…
(ACB Trade Services)

Trainex PayPal Sup. (10:46:45 26/02/2009)
and

Trainex PayPal Sup. (10:47:03 26/02/2009)
2/23/2009 11:53:45 12390217 U1014282 more…
(4fxtrader.biz) $15094.01 $0.00 $9900.00 $2.99 $9897.01 U8507103 more…
(ACB Trade Services)

Trainex PayPal Sup. (10:47:37 26/02/2009)
becuse people from that company ACB trade service said that he didnt use these accounts

Trainex PayPal Sup. (11:24:51 26/02/2009)
and another thing

Trainex PayPal Sup. (11:25:35 26/02/2009)
we talked with exchanger but they agreed return only to account from which they get it.

Trainex PayPal Sup. (11:25:44 26/02/2009)
Transfer Confirmation
From Account X115658 (wm-center)
To Account U1014282 (4fxtrader.biz)
Amount $2750.00

Trainex PayPal Sup. (11:26:18 26/02/2009)
so i hope after all it will be not a problem to return them to us,

Trainex PayPal Sup. (11:46:32 26/02/2009)
also need help for this transfer

Trainex PayPal Sup. (11:46:35 26/02/2009)
2/23/2009 13:26:17 12392964 U1014282 more…
(4fxtrader.biz) $2894.01 $0.00 $4500.00 $2.99 $4497.01 U9074547 more…
(The Stoic-Capital)

Trainex PayPal Sup. (11:47:01 26/02/2009)
because they said that this account dont belong to company which mentioned in memj

Trainex PayPal Sup. (11:47:51 26/02/2009)
i need MEMO and if possible information about transaction from mentioned today accounts.

Trainex PayPal Sup. (12:24:00 26/02/2009)
i realized that almost all accounts dont belong to companies which name put in account name, except that who had X in account number (they are real), so i need transaction history of next

Trainex PayPal Sup. (12:24:03 26/02/2009)
accounts

Trainex PayPal Sup. (12:24:36 26/02/2009)
U8507103

Trainex PayPal Sup. (12:24:55 26/02/2009)
U9074547

Trainex PayPal Sup. (12:25:42 26/02/2009)
U7784469

Trainex PayPal Sup. (12:35:34 26/02/2009)
so and amounts on destination accounts with U confirm that,

Trainex PayPal Sup. (12:36:00 26/02/2009)
eeeh, why i didnt realize that yestarday (

Trainex PayPal Sup. (13:36:45 26/02/2009)
i talked with Londongoldexchange and he said that that

Trainex PayPal Sup. (13:36:46 26/02/2009)
Account NO#: U3736348 Account Name: ACB Trade Service

Trainex PayPal Sup. (13:36:59 26/02/2009)
those guys behave themselves strange

Trainex PayPal Sup. (13:38:21 26/02/2009)
2/23/2009 11:53:45 $9900.00 (ACB Trade Services) amount closer and name almost the same well i believe taht we need to block them

Trainex PayPal Sup. (16:33:51 26/02/2009)
hello, i see that you come. i send you a lot of messages.

466671 Eric Paltz LR (16:37:08 26/02/2009)
hi

466671 Eric Paltz LR (16:37:13 26/02/2009)
I have only got this:

466671 Eric Paltz LR (16:37:22 26/02/2009)
Trainex (07:06:08 26/02/2009)
Offline message (2/26/2009 1:45:54 AM)
hello,
Trainex (07:06:08 26/02/2009)
Offline message (2/26/2009 1:46:17 AM)
i get some answers from people i suggest to be account holders.
Trainex (07:33:54 26/02/2009)
hello, i see that you come. i send you a lot of messages.

466671 Eric Paltz LR (16:37:32 26/02/2009)
unless you mean e-mail messages

Trainex PayPal Sup. (16:37:47 26/02/2009)
no i didnt send emails

466671 Eric Paltz LR (16:38:15 26/02/2009)
Icq loses messages

466671 Eric Paltz LR (16:38:21 26/02/2009)
better by e-mail if i am not around

Trainex PayPal Sup. (16:38:26 26/02/2009)
i know i ll send them again

Trainex PayPal Sup. (16:38:31 26/02/2009)
????

Trainex PayPal Sup. (16:38:39 26/02/2009)
ok

Trainex PayPal Sup. (16:39:18 26/02/2009)
i realized that almost all accounts dont belong to companies which name put in account name, except that who had X in account number (they are real), so i need transaction history of next
Trainex PayPal Sup. (12:24:03 26/02/2009)
accounts
Trainex PayPal Sup. (12:24:36 26/02/2009)
U8507103
Trainex PayPal Sup. (12:24:55 26/02/2009)
U9074547
Trainex PayPal Sup. (12:25:42 26/02/2009)
U7784469
Trainex PayPal Sup. (12:35:34 26/02/2009)
so and amounts on destination accounts with U confirm that,

466671 Eric Paltz LR (16:40:28 26/02/2009)
Ok, we’ll get that

Trainex PayPal Sup. (16:40:41 26/02/2009)
also i talked with people from Londongoldexchange.com and

Trainex PayPal Sup. (16:40:49 26/02/2009)
and they have sume suggestions

466671 Eric Paltz LR (16:41:03 26/02/2009)
Oh ok

466671 Eric Paltz LR (16:41:08 26/02/2009)
what are the suggestion?

Trainex PayPal Sup. (16:41:31 26/02/2009)
and intresting why you didnt tell me that 15k was refunded on 23th

Trainex PayPal Sup. (16:41:48 26/02/2009)
you gave me only sent payments

466671 Eric Paltz LR (16:42:06 26/02/2009)
I did, if you remember I told you that one payment was returned because exchanger could not complete it

Trainex PayPal Sup. (16:42:13 26/02/2009)
and didnt give recieved

Trainex PayPal Sup. (16:43:15 26/02/2009)
oh, i didnt see it

Trainex PayPal Sup. (16:43:30 26/02/2009)
well anyway it not important

466671 Eric Paltz LR (16:43:46 26/02/2009)
It is interestig why you did not see it….

Trainex PayPal Sup. (16:43:50 26/02/2009)
as i understand you are talking with LGE

466671 Eric Paltz LR (16:44:05 26/02/2009)
You understand correctly

Trainex PayPal Sup. (16:44:14 26/02/2009)
you gave me list of transaction and there were only sent payments

466671 Eric Paltz LR (16:45:02 26/02/2009)
Yes, and?

Trainex PayPal Sup. (16:45:17 26/02/2009)
and now it is not important

466671 Eric Paltz LR (16:45:42 26/02/2009)
ok

Trainex PayPal Sup. (16:45:47 26/02/2009)
more important to understand where money gone from account which are not belong to exchangers.

466671 Eric Paltz LR (16:47:02 26/02/2009)
Yes, that is why I gave you a list of transactions from “transit” account so you can point out the ones you need more ifnormation for, because some are directly to exchangers

Trainex PayPal Sup. (16:47:56 26/02/2009)
so i pointed, but it took time

466671 Eric Paltz LR (16:48:36 26/02/2009)
Of course. Now I have it and will look further

466671 Eric Paltz LR (16:48:56 26/02/2009)
I should get the information within an hour or so

Trainex PayPal Sup. (16:49:38 26/02/2009)
ok, i will be here today until i understand or until i fall asleep )

Trainex PayPal Sup. (16:49:51 26/02/2009)
i am waiting

466671 Eric Paltz LR (16:49:59 26/02/2009)
Good

Trainex PayPal Sup. (20:35:51 26/02/2009)
I see busy enough, please, send me information to offline or to email private@traINEXSERVICE.COM

Trainex PayPal Sup. (13:01:00 27/02/2009)
Hello,

Trainex PayPal Sup. (13:01:09 27/02/2009)
anything new about our case?

Trainex PayPal Sup. (13:25:10 27/02/2009)
another exchanger report us that he exchanged PM to LR acc U9160470

Trainex PayPal Sup. (13:25:57 27/02/2009)
this pm they got by exchanging LR to PM via Superexchange

Trainex PayPal Sup. (13:26:40 27/02/2009)
same question, to block U9160470 and give us account activity from 23th of FEB

Trainex PayPal Sup. (16:29:56 27/02/2009)
Trainex PayPal Sup. (13:01:00 27/02/2009)
Hello,
Trainex PayPal Sup. (13:01:09 27/02/2009)
anything new about our case?
Trainex PayPal Sup. (13:25:10 27/02/2009)
another exchanger report us that he exchanged PM to LR acc U9160470
Trainex PayPal Sup. (13:25:57 27/02/2009)
this pm they got by exchanging LR to PM via Superexchange
Trainex PayPal Sup. (13:26:40 27/02/2009)
same question, to block U9160470 and give us account activity from 23th of FEB

Trainex PayPal Sup. (20:27:41 27/02/2009)
hello,

Trainex PayPal Sup. (20:27:51 27/02/2009)
any news?

466671 Eric Paltz LR (20:31:11 27/02/2009)
Hi. I did sent an e-mail yesterday.. If you did not get it, I will resend today once in the office

466671 Eric Paltz LR (20:32:10 27/02/2009)
Some positive news too.. Some western union transfers, as far as i remeber. a chunk of money is still in the system and will be there until we clear it.

466671 Eric Paltz LR (20:32:37 27/02/2009)
The other issue is that I got in little trouble trying to help you without subpoenas and court orders

Trainex PayPal Sup. (20:32:47 27/02/2009)
ok, i see i didnt get email

466671 Eric Paltz LR (20:33:03 27/02/2009)
so I need to ask them what they need from you, meanwhile funds will not move anywhere (that are in our system)

Trainex PayPal Sup. (20:33:05 27/02/2009)
we have some maintances on emails server yestarday

466671 Eric Paltz LR (20:33:32 27/02/2009)
Oh.. I was also giving it some thought. It is very wierd that only a portion of amount was transferred out and not all

466671 Eric Paltz LR (20:34:05 27/02/2009)
One more incident like that happened with another exchanger by one of his developers. Also, you have mentioned, or someone else, that you were not around that day

466671 Eric Paltz LR (20:34:24 27/02/2009)
Do many people know that you are not around the system on certain days?

466671 Eric Paltz LR (20:34:32 27/02/2009)
Just thinking outloud

Trainex PayPal Sup. (20:34:36 27/02/2009)
did you ask if we need funds or what?

Trainex PayPal Sup. (20:34:55 27/02/2009)
sorry i am in office almost 10 hours and head is not working well

466671 Eric Paltz LR (20:35:19 27/02/2009)
thats ok

466671 Eric Paltz LR (20:35:31 27/02/2009)
I did not ask if you need funds. Did you read the above?

Trainex PayPal Sup. (20:35:50 27/02/2009)
i am readin and i understand

Trainex PayPal Sup. (20:36:06 27/02/2009)
many people knew that we are not working

466671 Eric Paltz LR (20:36:13 27/02/2009)
Unless someone was hoping that you will not notice

Trainex PayPal Sup. (20:36:23 27/02/2009)
maybe you heard about this day in our country it is holliday

466671 Eric Paltz LR (20:36:30 27/02/2009)
Oh.. Ok, maybe it is better to let everyone know that you are always near

466671 Eric Paltz LR (20:36:42 27/02/2009)
what day?

Trainex PayPal Sup. (20:36:52 27/02/2009)
i think it is good idea.

Trainex PayPal Sup. (20:37:05 27/02/2009)
23th of Feb is a national holliday

466671 Eric Paltz LR (20:37:17 27/02/2009)
Oh, i did not know

466671 Eric Paltz LR (20:37:22 27/02/2009)
so people don’t work on that day

466671 Eric Paltz LR (20:37:24 27/02/2009)
?

Trainex PayPal Sup. (20:39:14 27/02/2009)
i think many dont work but you see in such kind of biz like our, someone worked

466671 Eric Paltz LR (20:39:29 27/02/2009)
Well, the bastards never sleep

466671 Eric Paltz LR (20:39:33 27/02/2009)
it’s true

466671 Eric Paltz LR (20:39:47 27/02/2009)
with other exchanger, it was on weekend too

466671 Eric Paltz LR (20:39:54 27/02/2009)
and his employee knew no one will be around

466671 Eric Paltz LR (20:40:00 27/02/2009)
and he only took like 30%

Trainex PayPal Sup. (20:41:20 27/02/2009)
and as i know they may change password and it will take more time to restore control

466671 Eric Paltz LR (20:41:46 27/02/2009)
yes and usually try to block account so owners have to wait for 24 hours

Trainex PayPal Sup. (20:41:59 27/02/2009)
we knew that there were no one because of camers in office and security

466671 Eric Paltz LR (20:42:03 27/02/2009)
We have made many changes before to address similar issues

Trainex PayPal Sup. (20:42:17 27/02/2009)
we also noticed that this is strange behaviour

466671 Eric Paltz LR (20:42:26 27/02/2009)
oh, cameras are good

Trainex PayPal Sup. (20:42:43 27/02/2009)
You told me about troubles, do you need any papers or what?

466671 Eric Paltz LR (20:43:13 27/02/2009)
Yes, I will know today what our legal needs, because you are good guys i was doing everything without asking a single legal paper from you

466671 Eric Paltz LR (20:43:27 27/02/2009)
but we will continue our discovery while you get paperwork

Trainex PayPal Sup. (20:43:29 27/02/2009)
i will be great.

466671 Eric Paltz LR (20:43:34 27/02/2009)
i believe I can trust you that much

Trainex PayPal Sup. (20:44:31 27/02/2009)
as i understand guys from LGE gave you some kind of information, was it helpful?

466671 Eric Paltz LR (20:45:26 27/02/2009)
yes, of course

Trainex PayPal Sup. (20:45:31 27/02/2009)
and again about email, can you resend it?

466671 Eric Paltz LR (20:45:41 27/02/2009)
we take such matter very seriously and in 99% of cases do get to the bottom of things

466671 Eric Paltz LR (20:45:45 27/02/2009)
there are no mysteries

466671 Eric Paltz LR (20:46:16 27/02/2009)
Yes, I need to get to the office first. My dad had surgery yesterday so i slept with him in the hospital last night. I am chatting from hospital

Trainex PayPal Sup. (20:47:11 27/02/2009)
as i understand funds again was transfered to lr and withdraw together, so should i continue looking at account or you think you know people who involved?

Trainex PayPal Sup. (20:47:39 27/02/2009)
ok, i see, i am very sorry about you dad.

Trainex PayPal Sup. (20:48:14 27/02/2009)
thank you for your time well, can you tell me when aprox you will be tomorrow online?

466671 Eric Paltz LR (20:48:39 27/02/2009)
We do not know people involved, but we have contacted the owners of three accounts and i am waiting for replies from them. One account has a lot of activity so it is very hard to see where exactly YOUR funds are, but we will get there

466671 Eric Paltz LR (20:48:56 27/02/2009)
tomorrow – all day, from 10Am to 7PM gmt -6

Trainex PayPal Sup. (20:52:59 27/02/2009)
thank you, i will contact you tomorrow then

466671 Eric Paltz LR (20:53:10 27/02/2009)
perfect

Trainex PayPal Sup. (20:53:23 27/02/2009)
good bye

??? ??? ?? ???????? ?? ????????? ?????

maksim sviridov:
Dear Eric,
>
> From the very first day of your system launch our exchange services
> have operated in accordance with your system rules and contributed to
> the liquidity of your e-currency.
> After a complete check of our equipment and the access system to the
> LR account we came to
> conclusion that the funds from our account have been stolen due to the
> bugs in your security system. This incident may evoke
> a wide response and influence the further work of the LR system since
> the loss of the money is not our fault.
> Hence we think that it will be fair if you reimburse us the amount
> stolen. In this case we would be glad to continue collaborating with
> your company otherwise we have to take some measures.
>
> Best
> Regards,

Business dept:

Dear,

Your conclusion is wrong, as we can clearly prove from our system logs
that your account has been accessed properly. During the maintenance I
had no access to system to continue checking the accounts involved. And
I was trying to help voluntarily, against my legal’s advice. Now, if you
wish to switch to threats (which we do not respond to well, as history
shows for some) – it was your choice. But from now on, if you wish to
get any information, lets go the proper route and get a court order.
I was told many times it never pays off to be nice – I guess I am the
living example of it.

Meanwhile, please leave our payment system until further notice.
Furthermore, please note that we do not allow you to open or maintain
any more Liberty Reserve accounts that are directly or indirectly
connected to your business – as they will be eliminated immediately.

Most exchangers and quite a few customers, including merchants, keep
almost 7 digit amounts with us. If our system was not safe, you would
not hear it from one merchant who you regard to as reliable. It is very
common to blame for your own mistakes on others. It is very easy to see,
everyone who yells the system is unsafe, including our competitors, have
accounts with us that are still in 6 digit amounts, while they are all
yapping – “oh my god, it’s not safe” The only cases where customer’s
funds were compromised is fishing e-mails, that our members were victim
of. But then again, we only mentioned 1,000 times everywhere not to
click on any links in e-mails. For merchants, as we have proven already
once before, it is their host company/developers or operators of their
web sites. Our web site is more protected that most of largest banks and
is monitored by 4 different entities.
maksim sviridov:
Hello, my name Maksim Sviridov. I am ceo of Trainex Service. Our company is your official exchanger. Someone did a transfer from our account.
U2527498 (Trainex Corp)
batch 12389314
date 2/23/2009 11:33
amount $47000.00

We need all possible information about this transaction, we suppose that some
one steal money from our account. Please, we need IP address which someone use to access account on this day. it was not our men, because on this day we have a holliday so there were nobody at office. And also we need infoemation were money gone from this account. I hope you may help.
———-

Abuse dept
Dear customer.

Please note that Liberty Reserve payment system is very secure and it is being monitored and tested daily by McAfee and other companies to maintain its stellar security. The only way for someone to have full access to your account is for someone to have access to your e-mail address or computer via trojan virus, or once you visit a malicious web site that is set up to collect login information of account holders. Also, please be aware that Liberty Reserve never sends out any links via e-mail. The first thing for you to do would be to make sure taht your computer remains safe ( we recommend Kaspersky Internet Suit), and it is better to open a new account than to use the one that has been compromised, if you wish to receive more information about this particular transfer we will require a valid court order to release any information not related to your account directly.

Maksim Sviridov.
So, you mean that you dont care that money was stolen and you will do
nothing. and will provide us NO information at all? What kind of valid
court order you need. Should we go to police and told them that someone
we do not even know stole our LR units and we have nothing because
System is so secure and they didnt gave us anything!
Well, We singned a king of contract with you. We are official exchanger,
Why do you request so many papers from us and dont want to help. And by
your deeds you want to help thiefs? do i understand you right? We just
want to find anyways of OUR money and you will do everything to prevent
us from doing it????/

Abuse dept:
Dear Customer.

Please note that on our terms of services you will fidn further information about how can and how can we not proceed in this cases. We CAN NOT reveal any kind of information about any other account holder, we have not way to know who is telling the true and who is not. We will need a court order in order to reveal any kidn of information, please seek for legal counsel in your country, send the order to our business department and attach a national ID and passport copy. We understand your concern, but we are under the Costa Rica laws, and we can not help you any further without the aforesaid documents. And please also note that Liberty Reserve payment system is very secure and it is being monitored and tested daily by McAfee and other companies to maintain its stellar security. The only way for someone to have fullaccess to your account is for someone to have access to your e-mail address or computer via trojan virus, or once you visit a malicious web site that is set up to ollect login information of account holders.

Thank you.

Maksim Sviridov:

I understand. So you even will not block thiefs\’s account, right? If you
do not who is right you will do nothing.. excellent position.
why us do somethig like this. Our goal is not to send money somewhere
and then bothering you. We exchange money, and do business honestly.
it is very pitty that IN COSTA RICA laws made for thiefs! Fine we will
try to find out how to give you court order. AND CAN YOU ACCOUNT
U2527498 (Trainex Corp)??? WHILE WE ARE TRYING TO PROVE YOU THAT WE ARE
RIGHT AND THIEFS ARE NOT RIGHT!

Abuse dept:

Dear Customer.

Please note that this kind of issuea are in the hands of our Business Department.You are able to get in touch with them by utilizing our contact form. Send your request and they will contact you as soon as is possible with further details about how to proceed.

Thank you.

???????? ? Business@help.libertyreserve.com
Dear Maksim,

Do you have an ICQ or can you contact me to my personal e-mail address at business@libertyreserve.com.
It will be easier and more efficient. I may have some good news about your case today.

Regards,
Eric Paltz.

> Hello,
>
> I am really sorry that my behavior seems to you rude, but I was worring
> about money and of course i wasnt trying to insult you. I just speak
> with Abuse dept. and they answers seems like copy and past standart
> answers. I tried to explain that our company worked for a long period
> with different e-currencies and with each of them we are trying to build
> strong relationships and trust. A few months ago you send us contracts
> wich we signed up and that may show that we have only good expectancies.
> I understand that making business only and especially running e-currency
> system is not very easy. We saw many system crashed because of different
> reasons. And I realize that your are trying to avoid other’s mistakes.
> But i thought that we some kind of pertners (not exactly but somehow).
> We trust you and suppose you trust us. And in that metter we want
> expected some understanding in our case. I see that you keep trying to
> follow rules and laws. So i see that you directed us to Eric Platz.
> Thank your for you answers and again sorry.

???????? ? Business@libertyreserve.com
Eric Paltz ?????:
>> Dear Sir/Madam,
>>
>> I have received copies of your tickets. Please note for emergencies
>> you may contact me directly at business@libertyreserve.com. I also
>> have ICQ number if you ever wish to chat directly.
>>
>> I am looking into your matter. I should have more information soon.
>>
>> Regards,
>> Eric Paltz
>> Business Development
>> Liberty Reserve S.A.

Dear Maksim,

> here you may see may talk with abuse dept. I just want to add that we have a kind of
>
> verified account you know aour adress and probably i even sent a scan of my
>
> passport. And men or women who controled account U2527498 did somethig like this? So
>
> may be you know who telling truth. and as i understand your system supports people
>
> who making money illegaly?

I don’t understand. Are you asking for help or trying to insult? We have never announced that we support any legal
activity and we have successfully accommodated various law enforcement agencies to apprehend and bring to justice over 14 individuals.
Can you name another system that goes that far?
And if you make such false claim and believe in it, does it mean that by working with us you support such activities? It’s simply outrageous!!!

>
> And one more question, Do you need court order from COSTA RICA court or You need
>
> Russian court order?

Depends for what. We normally help voluntarily (in some cases) all companies that treat us with the same respect as we treat them.
The only court orders and subpoenas that have power in Costa Rica are those issued by a Costa Rican court.

>
> And i didnt understand did you block account U2527498? Or it is not impossible?
>
> Sorry that somewhere is was quite rough but i care about my money. Thank you for
>
> answering me.
>

The account mentioned above has been blocked after your first complaint.

Regards,
Eric Paltz.
Business Development
Liberty Reserve S.A.

Maksim sviridov:
Hello,
>
> I am really sorry that my behavior seems to you rude, but I was worring
> about money and of course i wasnt trying to insult you. I just speak
> with Abuse dept. and they answers seems like copy and past standart
> answers. I tried to explain that our company worked for a long period
> with different e-currencies and with each of them we are trying to build
> strong relationships and trust. A few months ago you send us contracts
> wich we signed up and that may show that we have only good expectancies.
> I understand that making business only and especially running e-currency
> system is not very easy. We saw many system crashed because of different
> reasons. And I realize that your are trying to avoid other’s mistakes.
> But i thought that we some kind of pertners (not exactly but somehow).
> We trust you and suppose you trust us. And in that metter we want
> expected some understanding in our case. I see that you keep trying to
> follow rules and laws. So i see that you directed us to Eric Platz.
> Thank your for you answers and again sorry.

Eric Paltz:
Dear Maksim,

We are tracing your funds all over the system. Some of them went to
ECU and PM i think, no other payment systems were involved. I will
provide you with some more details a little later.

Regards,
Eric Paltz.

466671 (20:17:08 25/02/2009)
Thsi is Eric Paltz

466671 (20:17:15 25/02/2009)
Do you have 10 minutes?

Trainex PayPal Sup. (20:17:24 25/02/2009)
yes of course i have 10 minutes

466671 (20:17:28 25/02/2009)
I am ab0out to finish something and will talk to you next

Trainex PayPal Sup. (20:17:29 25/02/2009)
nice to meet you

Trainex PayPal Sup. (20:17:39 25/02/2009)
i am listening

466671 Eric Paltz LR (20:18:53 25/02/2009)
??????????? ????????

466671 Eric Paltz LR (20:31:02 25/02/2009)
Almost done. Sorry. 3 more minutes

466671 Eric Paltz LR (20:39:38 25/02/2009)
Ok, I am ready

Trainex PayPal Sup. (20:39:51 25/02/2009)
nice. i am listening

466671 Eric Paltz LR (20:39:51 25/02/2009)
Can I please have the account number in question (yours)

Trainex PayPal Sup. (20:40:20 25/02/2009)
X9869435

466671 Eric Paltz LR (20:41:24 25/02/2009)
As I work with you, we will need a stetement from your company/holding/person responsible for account so that we can at least have something on paper from you as to why we are releasing ifnormation

466671 Eric Paltz LR (20:41:39 25/02/2009)
We will try to provide as much information as possible

Trainex PayPal Sup. (20:42:19 25/02/2009)
oh, thats great. Do you have an example of paper?

Trainex PayPal Sup. (20:42:41 25/02/2009)
?? we have to create it by ourselfs?

466671 Eric Paltz LR (20:42:41 25/02/2009)
Hmm, let me ask our legal if they have something in mind

Trainex PayPal Sup. (20:42:51 25/02/2009)
ok

466671 Eric Paltz LR (20:42:54 25/02/2009)
you will need to eventually create it by yourself

Trainex PayPal Sup. (20:43:28 25/02/2009)
what requiements?

466671 Eric Paltz LR (20:43:37 25/02/2009)
Ok, As you can see account name the 47K went to is Trainex Corp

466671 Eric Paltz LR (20:43:42 25/02/2009)
Does it belong to you?

Trainex PayPal Sup. (20:43:44 25/02/2009)
yes we see

Trainex PayPal Sup. (20:43:52 25/02/2009)
no it doesnt

466671 Eric Paltz LR (20:44:17 25/02/2009)
Ok. The account was blocked as soon as you have reported it to us, it has $0.06 cents in it.

Trainex PayPal Sup. (20:44:39 25/02/2009)
oh, as we supposed )

Trainex PayPal Sup. (20:45:08 25/02/2009)
well i can made a kind of paper in hour or so and send it to email.

466671 Eric Paltz LR (20:45:14 25/02/2009)
Do you need registration information ?

Trainex PayPal Sup. (20:45:28 25/02/2009)
we need all avaliable information

466671 Eric Paltz LR (20:45:30 25/02/2009)
I can provide some ifnormation before we get the paper, we are trying to help after all

466671 Eric Paltz LR (20:45:40 25/02/2009)
DOB used is 4/18/1982

466671 Eric Paltz LR (20:46:38 25/02/2009)
Name Stephen Mack

466671 Eric Paltz LR (20:46:45 25/02/2009)
Address 96 Burlow St

466671 Eric Paltz LR (20:46:53 25/02/2009)
Luiseville

466671 Eric Paltz LR (20:46:57 25/02/2009)
US

466671 Eric Paltz LR (20:46:59 25/02/2009)
State CA

466671 Eric Paltz LR (20:47:03 25/02/2009)
94022

466671 Eric Paltz LR (20:47:16 25/02/2009)
Tel 650-938-8486

466671 Eric Paltz LR (20:47:25 25/02/2009)
email m8r-ux96g3@mailinator.com

466671 Eric Paltz LR (20:47:36 25/02/2009)
Account opened 4/14/2008

466671 Eric Paltz LR (20:47:51 25/02/2009)
From this IP 89.248.169.108

466671 Eric Paltz LR (20:49:17 25/02/2009)
Now, from that account via this transfer: 2/23/2009 11:38:24 12389464 U2527498 more…
(Trainex Corp) $0.06 $46997.00 $2.99 $46994.01 U1014282 more…
(4fxtrader.biz)

466671 Eric Paltz LR (20:49:31 25/02/2009)
went to U1014282 (4fxtrader.biz)

466671 Eric Paltz LR (20:49:38 25/02/2009)
is this account known to you?

Trainex PayPal Sup. (20:49:58 25/02/2009)
trully speaking, i see it for the first time

466671 Eric Paltz LR (20:50:04 25/02/2009)
Memo of the transfer was; deposit

466671 Eric Paltz LR (20:50:51 25/02/2009)
4fxtrader.biz U1014282

466671 Eric Paltz LR (20:51:00 25/02/2009)
DOB 2/18/1978

466671 Eric Paltz LR (20:51:06 25/02/2009)
Alvin Barkley

466671 Eric Paltz LR (20:51:15 25/02/2009)
100 Clarewood Cres

466671 Eric Paltz LR (20:51:27 25/02/2009)
Yorkton

466671 Eric Paltz LR (20:51:29 25/02/2009)
US

466671 Eric Paltz LR (20:51:30 25/02/2009)
Utah

466671 Eric Paltz LR (20:51:39 25/02/2009)
Zip 84720

466671 Eric Paltz LR (20:51:52 25/02/2009)
phone 1-301-752-5270

466671 Eric Paltz LR (20:52:02 25/02/2009)
e-mail: m8r-g74jd8@mailinator.com

466671 Eric Paltz LR (20:52:23 25/02/2009)
registered 6/27/2008 – referred by U7603857 (Robin Hill)

466671 Eric Paltz LR (20:52:36 25/02/2009)
Account balance $2885.04

466671 Eric Paltz LR (20:52:42 25/02/2009)
Account is currently restricted

466671 Eric Paltz LR (20:53:25 25/02/2009)
Oh, registration IP is 85.214.73.63

466671 Eric Paltz LR (20:54:27 25/02/2009)
one second phone call

466671 Eric Paltz LR (20:54:33 25/02/2009)
does this help?

Trainex PayPal Sup. (20:54:56 25/02/2009)
now, i dont think so, but anyway it much than nothing

Trainex PayPal Sup. (20:55:19 25/02/2009)
how much was transfered to this account?

466671 Eric Paltz LR (20:57:37 25/02/2009)
to which one?

466671 Eric Paltz LR (20:57:48 25/02/2009)
U1014282?

466671 Eric Paltz LR (20:57:56 25/02/2009)
all funds went to it

Trainex PayPal Sup. (20:58:03 25/02/2009)
yes/ oh i see/

466671 Eric Paltz LR (20:58:05 25/02/2009)
the 2885.04 is recoverable

Trainex PayPal Sup. (20:58:21 25/02/2009)
I see

Trainex PayPal Sup. (20:58:33 25/02/2009)
well and what next?

Trainex PayPal Sup. (20:59:33 25/02/2009)
i suppose that information is fake

Trainex PayPal Sup. (20:59:38 25/02/2009)
but we will check

466671 Eric Paltz LR (21:00:38 25/02/2009)
One sec, on the phone

466671 Eric Paltz LR (21:02:32 25/02/2009)
SCI 2/24/2009 06:32:28 12417026 U1014282 more…
(4fxtrader.biz) $188.03 $0.00 $4500.00 $2.99 $129136.55 X4447122 more…
(SwapGold.com)
2/24/2009 06:25:53 12416924 U1014282 more…
(4fxtrader.biz) $4688.03 $0.00 $7700.00 $2.99 $15394.02 U7784469 more…
(truexchange)
2/24/2009 06:21:15 12416836 U1014282 more…
(4fxtrader.biz) $12388.03 $0.00 $5500.00 $2.99 $15394.02 U8507103 more…
(ACB Trade Services)
2/23/2009 13:26:17 12392964 U1014282 more…
(4fxtrader.biz) $2894.01 $0.00 $4500.00 $2.99 $4497.01 U9074547 more…
(The Stoic-Capital)
2/23/2009 12:02:09 12390481 U1014282 more…
(4fxtrader.biz) $7394.01 $0.00 $7700.00 $2.99 $7697.01 U7784469 more…
(truexchange)
2/23/2009 11:53:45 12390217 U1014282 more…
(4fxtrader.biz) $15094.01 $0.00 $9900.00 $2.99 $9897.01 U8507103 more…
(ACB Trade Services)
SCI 2/23/2009 11:48:18 12389833 U1014282 more…
(4fxtrader.biz) $24994.01 $0.00 $15000.00 $2.99 $113893.86 X4447122 more…
(SwapGold.com)
SCI 2/23/2009 11:43:47 12389677 U1014282 more…
(4fxtrader.biz) $39994.01 $0.00 $4000.00 $2.99 $46588.71 X114827 more…
(SuperChange.ru)
SCI 2/23/2009 11:41:06 12389603 U1014282 more…
(4fxtrader.biz) $43994.01 $0.00 $3000.00 $2.99 $24372.42 X115658 more…
(wm-center)

466671 Eric Paltz LR (21:02:43 25/02/2009)
This is the history of transactions from this account to others

466671 Eric Paltz LR (21:02:58 25/02/2009)
it will be easier to put it in word processor and make one entry per line

466671 Eric Paltz LR (21:03:39 25/02/2009)
let me know if you have questions – I can wait

Trainex PayPal Sup. (21:04:55 25/02/2009)
ok, yes, i need some time

466671 Eric Paltz LR (21:06:54 25/02/2009)
As for funds, if any in our system – they are restricted, if some have left to exchangers – there is nothying that can be done. We use SBAI9 system for funds tracking, it is very efficient

Trainex PayPal Sup. (21:33:15 25/02/2009)
thanks a lot

Trainex PayPal Sup. (21:33:26 25/02/2009)
i am contacting for these people

Trainex PayPal Sup. (21:33:37 25/02/2009)
some funds were thransfered by WU to moscow

Trainex PayPal Sup. (21:33:52 25/02/2009)
so there is a very small chance but )

466671 Eric Paltz LR (21:34:33 25/02/2009)
There are some funds in accounts and i think one of exchangers reversed the transfer because they could not process LR to ECU

Trainex PayPal Sup. (21:34:33 25/02/2009)
i will contact all of these companies and i think tomorrow i contact you and we will make a kind of paper argeement

Trainex PayPal Sup. (21:34:45 25/02/2009)
your information very helpful

466671 Eric Paltz LR (21:34:56 25/02/2009)
I am still looking at all details, but if funds are in system – they were stopped. unless some had time to go to exchangers

Trainex PayPal Sup. (21:34:57 25/02/2009)
again sorry for rude words at first day)

466671 Eric Paltz LR (21:35:06 25/02/2009)
I am glad I was able to help

466671 Eric Paltz LR (21:35:12 25/02/2009)
Let me know if any more ifnormation is needed

Trainex PayPal Sup. (21:35:27 25/02/2009)
ok, thanks again

466671 Eric Paltz LR (21:36:33 25/02/2009)
no prob

Trainex PayPal Sup. (23:19:24 25/02/2009)
eric i understand that asking too much but can you give me anything about this accont 2/24/2009 06:25:53 12416924 U1014282 more…
(4fxtrader.biz) $4688.03 $0.00 $7700.00 $2.99 $15394.02 U7784469 more…
(truexchange)

Trainex PayPal Sup. (23:20:06 25/02/2009)
i am trying to contact truexchange.com via telephone and other avaliable contacts and there is none

Trainex PayPal Sup. (23:20:21 25/02/2009)
so maybe information about account

Trainex PayPal Sup. (00:01:59 26/02/2009)
we need info about account

Trainex PayPal Sup. (10:45:52 26/02/2009)
hello,

Trainex PayPal Sup. (10:46:15 26/02/2009)
i get some answers from people i suggest to be account holders.

Trainex PayPal Sup. (10:46:39 26/02/2009)
and if it is possible can you give me MEMO for these transfers

Trainex PayPal Sup. (10:46:43 26/02/2009)
2/24/2009 06:21:15 12416836 U1014282 more…
(4fxtrader.biz) $12388.03 $0.00 $5500.00 $2.99 $15394.02 U8507103 more…
(ACB Trade Services)

Trainex PayPal Sup. (10:46:45 26/02/2009)
and

Trainex PayPal Sup. (10:47:03 26/02/2009)
2/23/2009 11:53:45 12390217 U1014282 more…
(4fxtrader.biz) $15094.01 $0.00 $9900.00 $2.99 $9897.01 U8507103 more…
(ACB Trade Services)

Trainex PayPal Sup. (10:47:37 26/02/2009)
becuse people from that company ACB trade service said that he didnt use these accounts

Trainex PayPal Sup. (11:24:51 26/02/2009)
and another thing

Trainex PayPal Sup. (11:25:35 26/02/2009)
we talked with exchanger but they agreed return only to account from which they get it.

Trainex PayPal Sup. (11:25:44 26/02/2009)
Transfer Confirmation
From Account X115658 (wm-center)
To Account U1014282 (4fxtrader.biz)
Amount $2750.00

Trainex PayPal Sup. (11:26:18 26/02/2009)
so i hope after all it will be not a problem to return them to us,

Trainex PayPal Sup. (11:46:32 26/02/2009)
also need help for this transfer

Trainex PayPal Sup. (11:46:35 26/02/2009)
2/23/2009 13:26:17 12392964 U1014282 more…
(4fxtrader.biz) $2894.01 $0.00 $4500.00 $2.99 $4497.01 U9074547 more…
(The Stoic-Capital)

Trainex PayPal Sup. (11:47:01 26/02/2009)
because they said that this account dont belong to company which mentioned in memj

Trainex PayPal Sup. (11:47:51 26/02/2009)
i need MEMO and if possible information about transaction from mentioned today accounts.

Trainex PayPal Sup. (12:24:00 26/02/2009)
i realized that almost all accounts dont belong to companies which name put in account name, except that who had X in account number (they are real), so i need transaction history of next

Trainex PayPal Sup. (12:24:03 26/02/2009)
accounts

Trainex PayPal Sup. (12:24:36 26/02/2009)
U8507103

Trainex PayPal Sup. (12:24:55 26/02/2009)
U9074547

Trainex PayPal Sup. (12:25:42 26/02/2009)
U7784469

Trainex PayPal Sup. (12:35:34 26/02/2009)
so and amounts on destination accounts with U confirm that,

Trainex PayPal Sup. (12:36:00 26/02/2009)
eeeh, why i didnt realize that yestarday (

Trainex PayPal Sup. (13:36:45 26/02/2009)
i talked with Londongoldexchange and he said that that

Trainex PayPal Sup. (13:36:46 26/02/2009)
Account NO#: U3736348 Account Name: ACB Trade Service

Trainex PayPal Sup. (13:36:59 26/02/2009)
those guys behave themselves strange

Trainex PayPal Sup. (13:38:21 26/02/2009)
2/23/2009 11:53:45 $9900.00 (ACB Trade Services) amount closer and name almost the same well i believe taht we need to block them

Trainex PayPal Sup. (16:33:51 26/02/2009)
hello, i see that you come. i send you a lot of messages.

466671 Eric Paltz LR (16:37:08 26/02/2009)
hi

466671 Eric Paltz LR (16:37:13 26/02/2009)
I have only got this:

466671 Eric Paltz LR (16:37:22 26/02/2009)
Trainex (07:06:08 26/02/2009)
Offline message (2/26/2009 1:45:54 AM)
hello,
Trainex (07:06:08 26/02/2009)
Offline message (2/26/2009 1:46:17 AM)
i get some answers from people i suggest to be account holders.
Trainex (07:33:54 26/02/2009)
hello, i see that you come. i send you a lot of messages.

466671 Eric Paltz LR (16:37:32 26/02/2009)
unless you mean e-mail messages

Trainex PayPal Sup. (16:37:47 26/02/2009)
no i didnt send emails

466671 Eric Paltz LR (16:38:15 26/02/2009)
Icq loses messages

466671 Eric Paltz LR (16:38:21 26/02/2009)
better by e-mail if i am not around

Trainex PayPal Sup. (16:38:26 26/02/2009)
i know i ll send them again

Trainex PayPal Sup. (16:38:31 26/02/2009)
????

Trainex PayPal Sup. (16:38:39 26/02/2009)
ok

Trainex PayPal Sup. (16:39:18 26/02/2009)
i realized that almost all accounts dont belong to companies which name put in account name, except that who had X in account number (they are real), so i need transaction history of next
Trainex PayPal Sup. (12:24:03 26/02/2009)
accounts
Trainex PayPal Sup. (12:24:36 26/02/2009)
U8507103
Trainex PayPal Sup. (12:24:55 26/02/2009)
U9074547
Trainex PayPal Sup. (12:25:42 26/02/2009)
U7784469
Trainex PayPal Sup. (12:35:34 26/02/2009)
so and amounts on destination accounts with U confirm that,

466671 Eric Paltz LR (16:40:28 26/02/2009)
Ok, we’ll get that

Trainex PayPal Sup. (16:40:41 26/02/2009)
also i talked with people from Londongoldexchange.com and

Trainex PayPal Sup. (16:40:49 26/02/2009)
and they have sume suggestions

466671 Eric Paltz LR (16:41:03 26/02/2009)
Oh ok

466671 Eric Paltz LR (16:41:08 26/02/2009)
what are the suggestion?

Trainex PayPal Sup. (16:41:31 26/02/2009)
and intresting why you didnt tell me that 15k was refunded on 23th

Trainex PayPal Sup. (16:41:48 26/02/2009)
you gave me only sent payments

466671 Eric Paltz LR (16:42:06 26/02/2009)
I did, if you remember I told you that one payment was returned because exchanger could not complete it

Trainex PayPal Sup. (16:42:13 26/02/2009)
and didnt give recieved

Trainex PayPal Sup. (16:43:15 26/02/2009)
oh, i didnt see it

Trainex PayPal Sup. (16:43:30 26/02/2009)
well anyway it not important

466671 Eric Paltz LR (16:43:46 26/02/2009)
It is interestig why you did not see it….

Trainex PayPal Sup. (16:43:50 26/02/2009)
as i understand you are talking with LGE

466671 Eric Paltz LR (16:44:05 26/02/2009)
You understand correctly

Trainex PayPal Sup. (16:44:14 26/02/2009)
you gave me list of transaction and there were only sent payments

466671 Eric Paltz LR (16:45:02 26/02/2009)
Yes, and?

Trainex PayPal Sup. (16:45:17 26/02/2009)
and now it is not important

466671 Eric Paltz LR (16:45:42 26/02/2009)
ok

Trainex PayPal Sup. (16:45:47 26/02/2009)
more important to understand where money gone from account which are not belong to exchangers.

466671 Eric Paltz LR (16:47:02 26/02/2009)
Yes, that is why I gave you a list of transactions from “transit” account so you can point out the ones you need more ifnormation for, because some are directly to exchangers

Trainex PayPal Sup. (16:47:56 26/02/2009)
so i pointed, but it took time

466671 Eric Paltz LR (16:48:36 26/02/2009)
Of course. Now I have it and will look further

466671 Eric Paltz LR (16:48:56 26/02/2009)
I should get the information within an hour or so

Trainex PayPal Sup. (16:49:38 26/02/2009)
ok, i will be here today until i understand or until i fall asleep )

Trainex PayPal Sup. (16:49:51 26/02/2009)
i am waiting

466671 Eric Paltz LR (16:49:59 26/02/2009)
Good

Trainex PayPal Sup. (20:35:51 26/02/2009)
I see busy enough, please, send me information to offline or to email private@traINEXSERVICE.COM

Trainex PayPal Sup. (13:01:00 27/02/2009)
Hello,

Trainex PayPal Sup. (13:01:09 27/02/2009)
anything new about our case?

Trainex PayPal Sup. (13:25:10 27/02/2009)
another exchanger report us that he exchanged PM to LR acc U9160470

Trainex PayPal Sup. (13:25:57 27/02/2009)
this pm they got by exchanging LR to PM via Superexchange

Trainex PayPal Sup. (13:26:40 27/02/2009)
same question, to block U9160470 and give us account activity from 23th of FEB

Trainex PayPal Sup. (16:29:56 27/02/2009)
Trainex PayPal Sup. (13:01:00 27/02/2009)
Hello,
Trainex PayPal Sup. (13:01:09 27/02/2009)
anything new about our case?
Trainex PayPal Sup. (13:25:10 27/02/2009)
another exchanger report us that he exchanged PM to LR acc U9160470
Trainex PayPal Sup. (13:25:57 27/02/2009)
this pm they got by exchanging LR to PM via Superexchange
Trainex PayPal Sup. (13:26:40 27/02/2009)
same question, to block U9160470 and give us account activity from 23th of FEB

Trainex PayPal Sup. (20:27:41 27/02/2009)
hello,

Trainex PayPal Sup. (20:27:51 27/02/2009)
any news?

466671 Eric Paltz LR (20:31:11 27/02/2009)
Hi. I did sent an e-mail yesterday.. If you did not get it, I will resend today once in the office

466671 Eric Paltz LR (20:32:10 27/02/2009)
Some positive news too.. Some western union transfers, as far as i remeber. a chunk of money is still in the system and will be there until we clear it.

466671 Eric Paltz LR (20:32:37 27/02/2009)
The other issue is that I got in little trouble trying to help you without subpoenas and court orders

Trainex PayPal Sup. (20:32:47 27/02/2009)
ok, i see i didnt get email

466671 Eric Paltz LR (20:33:03 27/02/2009)
so I need to ask them what they need from you, meanwhile funds will not move anywhere (that are in our system)

Trainex PayPal Sup. (20:33:05 27/02/2009)
we have some maintances on emails server yestarday

466671 Eric Paltz LR (20:33:32 27/02/2009)
Oh.. I was also giving it some thought. It is very wierd that only a portion of amount was transferred out and not all

466671 Eric Paltz LR (20:34:05 27/02/2009)
One more incident like that happened with another exchanger by one of his developers. Also, you have mentioned, or someone else, that you were not around that day

466671 Eric Paltz LR (20:34:24 27/02/2009)
Do many people know that you are not around the system on certain days?

466671 Eric Paltz LR (20:34:32 27/02/2009)
Just thinking outloud

Trainex PayPal Sup. (20:34:36 27/02/2009)
did you ask if we need funds or what?

Trainex PayPal Sup. (20:34:55 27/02/2009)
sorry i am in office almost 10 hours and head is not working well

466671 Eric Paltz LR (20:35:19 27/02/2009)
thats ok

466671 Eric Paltz LR (20:35:31 27/02/2009)
I did not ask if you need funds. Did you read the above?

Trainex PayPal Sup. (20:35:50 27/02/2009)
i am readin and i understand

Trainex PayPal Sup. (20:36:06 27/02/2009)
many people knew that we are not working

466671 Eric Paltz LR (20:36:13 27/02/2009)
Unless someone was hoping that you will not notice

Trainex PayPal Sup. (20:36:23 27/02/2009)
maybe you heard about this day in our country it is holliday

466671 Eric Paltz LR (20:36:30 27/02/2009)
Oh.. Ok, maybe it is better to let everyone know that you are always near

466671 Eric Paltz LR (20:36:42 27/02/2009)
what day?

Trainex PayPal Sup. (20:36:52 27/02/2009)
i think it is good idea.

Trainex PayPal Sup. (20:37:05 27/02/2009)
23th of Feb is a national holliday

466671 Eric Paltz LR (20:37:17 27/02/2009)
Oh, i did not know

466671 Eric Paltz LR (20:37:22 27/02/2009)
so people don’t work on that day

466671 Eric Paltz LR (20:37:24 27/02/2009)
?

Trainex PayPal Sup. (20:39:14 27/02/2009)
i think many dont work but you see in such kind of biz like our, someone worked

466671 Eric Paltz LR (20:39:29 27/02/2009)
Well, the bastards never sleep

466671 Eric Paltz LR (20:39:33 27/02/2009)
it’s true

466671 Eric Paltz LR (20:39:47 27/02/2009)
with other exchanger, it was on weekend too

466671 Eric Paltz LR (20:39:54 27/02/2009)
and his employee knew no one will be around

466671 Eric Paltz LR (20:40:00 27/02/2009)
and he only took like 30%

Trainex PayPal Sup. (20:41:20 27/02/2009)
and as i know they may change password and it will take more time to restore control

466671 Eric Paltz LR (20:41:46 27/02/2009)
yes and usually try to block account so owners have to wait for 24 hours

Trainex PayPal Sup. (20:41:59 27/02/2009)
we knew that there were no one because of camers in office and security

466671 Eric Paltz LR (20:42:03 27/02/2009)
We have made many changes before to address similar issues

Trainex PayPal Sup. (20:42:17 27/02/2009)
we also noticed that this is strange behaviour

466671 Eric Paltz LR (20:42:26 27/02/2009)
oh, cameras are good

Trainex PayPal Sup. (20:42:43 27/02/2009)
You told me about troubles, do you need any papers or what?

466671 Eric Paltz LR (20:43:13 27/02/2009)
Yes, I will know today what our legal needs, because you are good guys i was doing everything without asking a single legal paper from you

466671 Eric Paltz LR (20:43:27 27/02/2009)
but we will continue our discovery while you get paperwork

Trainex PayPal Sup. (20:43:29 27/02/2009)
i will be great.

466671 Eric Paltz LR (20:43:34 27/02/2009)
i believe I can trust you that much

Trainex PayPal Sup. (20:44:31 27/02/2009)
as i understand guys from LGE gave you some kind of information, was it helpful?

466671 Eric Paltz LR (20:45:26 27/02/2009)
yes, of course

Trainex PayPal Sup. (20:45:31 27/02/2009)
and again about email, can you resend it?

466671 Eric Paltz LR (20:45:41 27/02/2009)
we take such matter very seriously and in 99% of cases do get to the bottom of things

466671 Eric Paltz LR (20:45:45 27/02/2009)
there are no mysteries

466671 Eric Paltz LR (20:46:16 27/02/2009)
Yes, I need to get to the office first. My dad had surgery yesterday so i slept with him in the hospital last night. I am chatting from hospital

Trainex PayPal Sup. (20:47:11 27/02/2009)
as i understand funds again was transfered to lr and withdraw together, so should i continue looking at account or you think you know people who involved?

Trainex PayPal Sup. (20:47:39 27/02/2009)
ok, i see, i am very sorry about you dad.

Trainex PayPal Sup. (20:48:14 27/02/2009)
thank you for your time well, can you tell me when aprox you will be tomorrow online?

466671 Eric Paltz LR (20:48:39 27/02/2009)
We do not know people involved, but we have contacted the owners of three accounts and i am waiting for replies from them. One account has a lot of activity so it is very hard to see where exactly YOUR funds are, but we will get there

466671 Eric Paltz LR (20:48:56 27/02/2009)
tomorrow – all day, from 10Am to 7PM gmt -6

Trainex PayPal Sup. (20:52:59 27/02/2009)
thank you, i will contact you tomorrow then

466671 Eric Paltz LR (20:53:10 27/02/2009)
perfect

Trainex PayPal Sup. (20:53:23 27/02/2009)
good bye

??? ??? ?? ???????? ?? ????????? ?????

maksim sviridov:
Dear Eric,
>
> From the very first day of your system launch our exchange services
> have operated in accordance with your system rules and contributed to
> the liquidity of your e-currency.
> After a complete check of our equipment and the access system to the
> LR account we came to
> conclusion that the funds from our account have been stolen due to the
> bugs in your security system. This incident may evoke
> a wide response and influence the further work of the LR system since
> the loss of the money is not our fault.
> Hence we think that it will be fair if you reimburse us the amount
> stolen. In this case we would be glad to continue collaborating with
> your company otherwise we have to take some measures.
>
> Best
> Regards,

Business dept:

Dear,

Your conclusion is wrong, as we can clearly prove from our system logs
that your account has been accessed properly. During the maintenance I
had no access to system to continue checking the accounts involved. And
I was trying to help voluntarily, against my legal’s advice. Now, if you
wish to switch to threats (which we do not respond to well, as history
shows for some) – it was your choice. But from now on, if you wish to
get any information, lets go the proper route and get a court order.
I was told many times it never pays off to be nice – I guess I am the
living example of it.

Meanwhile, please leave our payment system until further notice.
Furthermore, please note that we do not allow you to open or maintain
any more Liberty Reserve accounts that are directly or indirectly
connected to your business – as they will be eliminated immediately.

Most exchangers and quite a few customers, including merchants, keep
almost 7 digit amounts with us. If our system was not safe, you would
not hear it from one merchant who you regard to as reliable. It is very
common to blame for your own mistakes on others. It is very easy to see,
everyone who yells the system is unsafe, including our competitors, have
accounts with us that are still in 6 digit amounts, while they are all
yapping – “oh my god, it’s not safe” The only cases where customer’s
funds were compromised is fishing e-mails, that our members were victim
of. But then again, we only mentioned 1,000 times everywhere not to
click on any links in e-mails. For merchants, as we have proven already
once before, it is their host company/developers or operators of their
web sites. Our web site is more protected that most of largest banks and
is monitored by 4 different entities.

1. Dear Sir/Madam, first of all please introduce yourself. What is your name and your position in the program?

Hello, my name’s James Torres and i’m a head of AvexTrade customer
support dept.

2. Are you a registered company, if yes, where is the company registered?
Can you show us your incorporation documents? Can I visit your office?

Yes, AvexTrade is officially registered in Belize since 2001, appropriate document you can find on our website . If you want to visit our office – you are welcome at any business day.

3. How many people are running your program?

Our team consists of 4 departments such as group of directors and
managers, group of analysts and traders, innovation dept. and support
group, totally 27 experts.

4. What is your opinion about the current financial crisis? Will the
current financial crisis influence for your program stability?

Honestly saying we don’t feel any negative influence of crisis on our
company. I think during this crisis weak and noncompetitive companies
will vanish, and we don’t have such plans. We’ve already survived 2001
crisis and have our own crisis-overcoming strategy. We work the same
and even more effective as we did previous years. Our investors feel
the confidence with our work, we pay without any delays and provide
the service to satisfy all needs.

5. One of the hyip rule states that if some program offer a daily fixed interest for a daily plan then for sure it`s a scam. How are you generating your returns to your investors? How do you reconcile your investment plans with your investment activity?

It’s not a secret and everybody who tried to trade on forex knows that
day income can reach even 100-200%. You can see that our offers
1.2-2.8% are absolutely real and possible. Our traders multiply
investors funds so that even after paying 3% daily (+0,2% if 100%
compounded) huge amount of money left. These money are used as
stabilization fund to protect investors right to withdraw money
available or even cancel the contract. This security states is our
guarantee that in any case we carry out our obligations.

6. What is your opinion about current situation of e-currency arena?
What payment processors do you accept?

In our work we choose only reliable partners to provide our service.
Nowadays among e-currencies LibertyReserve and PerfectMoney are the
most trustable, that’s why we accept these e-currencies. And of course
for investor’s convenience we also accept bank wire transfers.

7. Is it possible to withdraw my deposit before its maturity date?

Yes, of course, our investor can cancel the contract before it’s end,
but we notice that in this case cancellation fee is 25% of initial
deposit. (investor gets only 75% of deposit)

8. What protections against DDoS attacks do you have? Is investors
money safe in your service?
Where is the server located?

. We fully understand the importance of keeping investor’s money safe,
that’s why we use strong DDoS protection providers to preserve any
money losses. Our server is located in the USA . We guarantee that
working wit AvexTrade in absolutely safe.

9. What kind of support do you offer to your investors? Do you have
any special support for VIP investors?

We provide 24/7 e-mail, phone
support. We also have a group of managers who work with VIP investors
personally.

10. What are your plans for the future? Do you plan to add more PP
options?

Although we achieved success in our work and what we do we’re
not going to stop, we develop and improve our service. Our innovation
manager and his team are working hard to provide the latest technology
and services to our investors.
11. What is your opinion about money-monitor services?

We are fully satisfied with money-monitor services. It’s always
pleasant to work with professionals. Services they provide are
competent and high-quality. We hope for future co-working development.

Thank you!

Monitor details of AvexTrade program

When the Organization of Petroleum Exporting Countries meets at its Vienna headquarters on Friday it will be reminded of just how slippery the price of oil can be, and how little control the cartel has over its price.

Faced with a the possibility of a global recession and a sharp decline in energy demand, OPEC will discuss slashing oil production in an emergency meeting.

OPEC president Chakib Khelil, Algeria’s oil minister, said there could be a “significant” reduction in the organization’s daily output of 29 million barrels.

The organization considers the market to be oversupplied by two million barrels a day, but it has yet to agree on the size of the cut. This lack of agreement could hinder its efforts to control prices.

“Two million barrels a day is a very big number and it’s not that easy to do,” said Joseph Stanislaw, an energy expert and independent senior advisor at the consultancy Deloitte & Touche. “It’s possible. It’s doable. But the question is how long it takes them to agree.”

Stanislaw said it’s impossible to predict whether a production cut would actually stop the price plunge, given the severity of the economic crisis and the volatility in international markets.

“OPEC’s challenge is the challenge that the entire world is facing: all previous rationales of what makes prices go up or down are all up for grabs,” said Stanislaw. “No one knows how to establish a value anymore.”

Khelil told Dow Jones reporters on Wednesday that non-OPEC members would go along with the cut.

A recent statement from Deputy Prime Minister Igor Sechin of Russia – a non-OPEC nation vying for the top-producer title from Saudi Arabia – said on Wednesday that his country would set aside oil reserves in an attempt to control prices. But he said it would not cut production.

Manouchehr Takin, an analyst at the Center for Global Energy Studies, said a production cut probably would drive down prices, at least in the short term. But Takin added that oil prices are difficult to project because they are influenced by fluctuations in the international markets. But for the near future, he expects demand to continue to weaken.

“There will be even less demand in the coming months because the weakening in the global economy will continue,” said Takin.

Prices jumped by $2.80 to $74.25 a barrel on Monday, as investors first weighed a potential supply cut from OPEC. But these gains soon disappeared as investors bet that OPEC wouldn’t be able to control prices through cuts.

On Monday Deutsche Bank lowered its 2009 oil price forecast by $25 a barrel, to $60, saying the price could bottom out at $50, “We believe OPEC production cuts are inevitable in this environment, but the experience of 1998 and 2001 suggests the cartel will struggle to cut production as fast as world growth is slowing,” the bank said.

Oil was trading at about $68 a barrel on Wednesday. That’s less than half its summertime peak of $147.27, which was reached on July 11, 2008.

Oil prices are the lifeblood of the 13 member-nations of the Organization of Petroleum Exporting Countries, which produces 40% of the world’s oil supply and holds three-quarters of the proven reserves. Slumping prices can be alarming to influential OPEC members, such as its biggest producer, Saudi Arabia, where oil revenues are feeding a construction boom.

“Most [OPEC] members have planned massive infrastructure projects on the assumption that high oil prices will continue,” wrote Anas Alhajji, chief economist for NGP Energy Capital Management, in an email to CNNMoney.com. “If they cut production in the current environment, revenues will decline and they might not be able to finish these projects.”

One of OPEC’s biggest hurdles as it tries to stem the fall in oil prices is getting all its members to agree to a plan and to stick to it, said Alhajji.

“The final result depends on the size of the Saudi cut in the face of cheating by other OPEC members,” said Alhajji. He said OPEC’s prospects for boosting the price of oil are doubtful. “It seems that all they can hope for is to halt the decline in oil prices.”

CNNMONEY

Recently we have found a new managed Forex trading tool offered by PanaMoney Technologies, Inc. We could not help but get in contact with Mr. Fernando Montero, the President and Director of this company, to satisfy our curiosity and find out more about the trading system.

Q. Hello Mr. Montero. Please, introduce yourself and give us the idea of what your company has to offer to its clients.

A. Hi everybody. I’m Fernando Montero representing PanaMoney Technologies, Inc. We are pleased to offer the best in kind automated trading system allowing our clients to open managed Forex accounts on our website (WWW.PANAMONEY.NET) and by investing into the largest and fast-growing markets of the world to make the profits no other company’s are likely to offer.

Q. Could you be more specific about your company? How long has it been in the business?

A. PanaMoney Technologies, Inc. is a legally registered company with its principal place of business in Panama City, Panama, but as our business involves Forex trading and Internet our commercial interests spread far beyond any specific territory. Our actual address in Panama is 50th Street, Global Plaza Tower, 19th Floor, Suite H. PanaMoney is a rather young company, registered in March 2008, but it was established in order to unite the best professional skills and knowledge, large experience and enthusiastic efforts of our highly motivated employees who wanted to be a part of something new and contribute to the development of managed trading worldwide. They all, as well as I, have been in this international business for 5 years at least.

Q. How big is your company?

A. As we are still rather young as a company we currently have 23 employees who all are the core elements of the company. We go for the efficiency rather that size, so it’s better to have a few responsible and highly-trained professionals than many unskilled employees. But it does not mean we will stop on these 23. We have rather huge plans for the company’s prospective development, including human resources issues, and we are open to all new talents who have something to offer to the company.
We provide career opportunities to those interested in mathematics, finance, programming and communication with clients and who can work in our departments: Finance, Technical and Software, Marketing and Customer Support. Currently we have 7 market analysts who trade for the company, 8 technical and software professionals, 5 employees in Customer Support and 2 in Marketing.

Q. Today there are quite a few options for those who want to invest in Forex. What is so unique about your company? What advantages do you have?

A. I would say that there is a lack of good systems that can bring real and stable profit to their clients. We are the one that is client-oriented meaning that we make our clients’ money work as we do our own. In addition, we do it the best possible way and through a user-friendly interface. All our advantages come together in our unique trading system, which include:
• Transparency: our clients can see the company’s trading history as well as the history of all transactions they make. That is what makes us unique compared with other managed Forex trading companies;
• Live real-time trading so they can monitor the market situation and our entry thereto;
• Selection of a currency pair to trade: the clients choose the currency pair to trade so they can take the maximum profits of the currency with the best results on the market ;
• Profits paid daily: the interest earned during the day goes to the clients’ accounts on the next day.

• “No loss” guarantee: no loss from the negative trading results is deducted from the clients’ accounts; all investments are insured with PanaMoney Safety Fund;
• Beneficial referral program: we pay 5% live-long referral commission from every referred client’s investment and reinvestment.

Q. Sounds very promising. Could you tell us more about the “no loss” guarantee, how does it work?

A. As I said it means that no loss is deducted from the client’s account. When at the end of the trading day the company’s trading results were negative (sometimes it can happen), all losses are covered by the Company, but not our clients. Especially for such purposes, we have established the Safety Fund formed from our profits and ensuring our clients’ deposits remain safe. So the client, no matter how big his/her investment is, just can’t have any loss when trading and risks only his/her interest, but not the deposit!

Q. For many on-line companies the security issues are very urgent. How do you secure your clients’ accounts?

A. PanaMoney uses the latest advanced technologies to secure our clients’ accounts. Our website is DDOS and SSL protected and hacker-proof. Our clients can use SRK keyboard to prevent keylogging their password when logging into account.

Q. Talking more specifically. What profits are we talking about? How much can your clients make?

A. The possible earnings depend on the invested amount. Our clients can choose from a number of investment plans PanaMoney has to offer for the period of 16-180 trading days.
When investing 30-49 USD the maximum interest per day is 0.5%.
Investing of 50-99 USD can bring the maximum daily interest per day of 1%.
100-999 USD can make 1.3% daily,
1,000 – 4,900 USD can make 1.6%
5,000 – 9,999 USD – 1.9%
10,000-14,999 USD – 2.2%
15,000 – 19,999 USD – 2.5%
20,000 or more can bring the maximum of 2.8%.

All percents are paid to our clients daily! You can find more details on our website – www.PanaMoney.net.

Q. What are the minimum and the maximum to invest?

A. At first, I’d like to say that a client can deposit as little as 1 US dollar to his/her PanaMoney account, but to make the money work the client should invest at least 30 dollars to open the Trial investment plan. We also provide an opportunity to invest by bank transfer. In this case the minimum is 5,000 USD. There is no maximum limit for bank transfers as well as electronic payment systems.

Q. Speaking of electronic payment systems. Which ones do you use?

A. We are not anyhow associated with any electronic payment systems but we use Liberty Reserve and V-money to make transactions with our clients. In the future we may consider the company accepting other electronic currencies. And as I have already mentioned, we accept bank transfers after the client is validated and signs a contract with our company.

Q. How can the client withdraw his/her profits?

A. It is easy: the client can request withdrawal from our website at any time. When the money on his/her account is not invested into any investment plan (they are the interest earned, deposited but not invested, referral commission or other) they can be withdrawn any time. However, there is a limit for withdrawals via bank transfer stating that the minimum to withdraw via bank transfer is 1,000 USD. The clients should also remember that invested amounts can be withdrawn only when the investment period of their investment plan expires, otherwise, they will be charged with an early withdrawal fee to cover the company’s costs.

Q. You say your system is easy to use, but what if a client has questions?

A. I also said that we are client-oriented. To this end, we have live Customer Support available to provide our clients with timely answers to any of their questions. Besides, clients can submit a ticket to the support, e-mail or send a message through a contact form on our website. Actually we always look for our clients’ feedback because it helps us to improve the work we do.

Q. What about phone support? Do you have one?

A. For now we do not provide any phone support. As we have just entered the business we are rather limited in our human resources and taking into account all available options to contact the company allowing the clients to get immediate answers to any of their concerns, we ended up with having on-line support. However, our plans do include the establishment of a large 24/7 Call Center to provide customer support. But it will take time to find and train the staff for the function.

Q. How can clients monitor the trading sessions?

A. PanaMoney offers the advantage of watching live real-time Forex trading sessions on-line by providing Forex charts for four main currency pairs we trade with. There, one can see the current price as well as the point our trading session started at. A special chart shows our profits during the trading session. Additional information is available on our website. The transparency of our trading sessions and profits is what makes our company unique compared with other managed Forex trading companies.

Q. And what about the trading results?

A. The transparency policy implemented with our company stipulates we show the results of every day trades. The exact profit we made for the day per currency pair can be found on our company’s website, so everyone can see and estimate the profits they will receive to their accounts.

Q. Can clients reinvest their profits and how can they do it?

A. Every day our clients receive their profits to their accounts. They can open a new investment plan to make the money bring even greater profits or they can combine the existing investment plans into one meaning two or more plans will be added together becoming a greater investment.

Q. What extra opportunities to earn money does your company offer?

A. As our clients are of fundamental value to us, we are interested in creating attractive conditions providing more options for making money. One of the options that meets our clients’ as well as the company’s interests is our referral program which pays 5% referral commission life-long for all amounts invested or reinvested by every referred client.

Q. Your description of your company’s business was rather detailed. Is there anything else you’d like to add?

A. I would encourage everyone to visit our website and find more information about the company and its business. Unfortunately no interview can show all benefits of trading with PanaMoney Technologies, Inc. compared to the real engagement with our Company.

I personally would like to add that creation of PanaMoney has been my best and the most rewarding experience and the company’s main principle is to achieve the best balance between its commercial interests and personal interests of its clients.