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He has no rights with regard to getting that particular merchant account back because ultimately that is at their discretion. However, it is my understanding that he might want to seek out a lawyer that has worked with individuals to have them removed from the "Terminated Merchant File", often referred to as "TMF". If he can demonstrate that the frauds perpetrated against his company and merchant account were in fact fraud and not due to his negligence or poor business practices.... basically, if he has a good lawyer.. then he might have a chance of not being banned from having a merchant account with Visa/Mastercard for the rest of his life. I am sure others here can shed some more light on the subject.
Cheers,
Brad
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President at MojoHost | brad at mojohost dot com | Skype MojoHostBrad
71 industry awards for hosting and professional excellence since 1999
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