PacNet (Chexx Inc) named Criminal Organisation by US Government

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  • Konda
    ...
    • Apr 2003
    • 2280

    #1

    News PacNet (Chexx Inc) named Criminal Organisation by US Government

    https://www.biv.com/article/2016/9/v...ganization-us/

    This will probably affect a lot of people here as their "Chexx Inc" company is used by many programs to send their affiliate payouts (checks, wires, direct deposits, etc.)

    So expect delays in affiliate payouts from some programs and maybe even bounced checks for checks that were already received and not cashed yet
  • JJE
    Confirmed User
    • Sep 2014
    • 49

    #2
    Paxum use(d) Chexx Inc. for wire withdrawals. Wonder what's going to happen there. Might be some more downtime in Paxum sorting out a new provider.

    I also think they provide services for AWE. Might be a lot of problems for people getting paid there.

    Comment

    • freecartoonporn
      Confirmed User
      • Jan 2012
      • 7683

      #3
      i remeber pacnet services was being used by payoneer services for funds depositing directly into bank accounts/.
      but then they ditched them and got onboard with rivera digital
      SSD Cloud Server, VPS Server, Simple Cloud Hosting | DigitalOcean

      Comment

      • Konda
        ...
        • Apr 2003
        • 2280

        #4
        The life and crimes of Sin City's million-dollar mail fraudster

        Comment

        • BigFurry
          Confirmed User
          • Nov 2003
          • 1574

          #5
          Damn - the European EFT (SEPA) withdrawals in Paxum have also been sent from a company named PacNet. Sucks.

          Comment

          • Mooby
            Registered User
            • Sep 2016
            • 22

            #6
            Paxum still use Chexx Inc for check withdrawls. Has anyone received one of these checks recently?

            Waiting for Ruth to chime in on this one...

            Comment

            • Barry-xlovecam
              It's 42
              • Jun 2010
              • 18083

              #7
              Unfortunately, it's all about cash flow.

              Your money is not in motion -- the money is frozen.

              Comment

              • Brian mike
                #Alberta51
                • Oct 2014
                • 8735

                #8
                Originally posted by Mooby
                Paxum still use Chexx Inc for check withdrawls. Has anyone received one of these checks recently?
                Last week. I live in Canada, so far so good.
                Tube - Cam - Escorts - Top List
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                • Konda
                  ...
                  • Apr 2003
                  • 2280

                  #9
                  Originally posted by Mooby
                  Paxum still use Chexx Inc for check withdrawls. Has anyone received one of these checks recently?

                  Waiting for Ruth to chime in on this one...
                  I guess checks cashed until PacNet's accounts got frozen (yesterday) were still good, but for people that received checks and haven't cashed them yet it might be an issue now that their US accounts are frozen and the company was added to the US Government blacklist. Checks came from names like "The Payment Factory", I'm sure most affiliates have had those.

                  I know many big affiliate programs use Chexx for their checks and wires and based on the comments in this thread apparently Paxum uses them as well to for non-card withdrawals so I think this will affect lots of affiliates.

                  Most affiliate programs fund their Chexx account like a week before payouts are due, so it really sucks if their funds get frozen while 'in motion'.

                  Exposed: The secret powerhouse processing millions in global fraud

                  In an unprecedented move, the U.S. Treasury Department has deemed PacNet a "significant transnational criminal organization" landing it on the same short list as some of the world's most notorious mobsters, drug cartels and murderers.
                  The government's black list newest member

                  Comment

                  • Mooby
                    Registered User
                    • Sep 2016
                    • 22

                    #10
                    Originally posted by Brian mike
                    Last week. I live in Canada, so far so good.
                    It will affect Paxum's US customers more, since USD withdrawals were processed by Chexx Inc and drawn on a bank in SC.

                    Comment

                    • JJE
                      Confirmed User
                      • Sep 2014
                      • 49

                      #11
                      I think the implications for Paxum are quite big, too. From what I can tell, they use Chexx for EFT and wires, perhaps all non-card withdrawals globally (all I've used for some time now). I'd like to hear from Ruth.

                      I submitted a wire a few days ago which was processed, I'm starting to wonder if it'll arrive now. I can't see how they could continue to use Chexx while this problem is in place. Even though Chexx seems to be caught in the net thrown rather than directly implicated in the mail stuff, I don't think there's a timely fix around the corner.

                      Comment

                      • Paul Markham
                        Too old to care
                        • Jun 2001
                        • 52942

                        #12
                        This happened before and the money was frozen for a long time. A lot never got paid.

                        Needs AdultCentro to get onto this and not transfer next months money to Paxum. Until it's all cleared.



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                        • Konda
                          ...
                          • Apr 2003
                          • 2280

                          #13
                          Originally posted by Paul Markham
                          This happened before and the money was frozen for a long time. A lot never got paid.

                          Needs AdultCentro to get onto this and not transfer next months money to Paxum. Until it's all cleared.

                          That was WebmasterChecks I think, but seems to be a similar situation.

                          In regards to Paxum, It should not affect transfers TO paxum, nor card funding/withdrawing. But if they indeed use Chexx Inc for all non-card withdrawals it still might affect quite some people here, unless they already have set up backups.

                          Comment

                          • Mooby
                            Registered User
                            • Sep 2016
                            • 22

                            #14
                            Originally posted by Konda
                            That was WebmasterChecks I think, but seems to be a similar situation.
                            I believe those affiliates finally got paid, but the original payments bounced. I'm not sure if WebmasterChecks finally paid out or if a different processor was used.

                            Comment

                            • cybermike
                              Confirmed User
                              • Jan 2002
                              • 4121

                              #15
                              Is this why requesting checks from paxum I'm getting

                              Errors :
                              Service temporary restricted. Please try again later.
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                              Comment

                              • Konda
                                ...
                                • Apr 2003
                                • 2280

                                #16
                                US authorities name Irish figures in Pacnet fraud investigation

                                Chexx mentioned here as well

                                Chexx already informed program owners not to send any transfers anymore

                                I wonder how many programs sent them money for affiliate payouts recently that might now be frozen. And how many affiliates might have uncashed checks that can probably not be cached now.

                                And any news from Paxum? Do they have any other providers for their non-card withdrawals besides Chexx/Pacnet?

                                Comment

                                • rabbit
                                  Confirmed User
                                  • Jul 2003
                                  • 2124

                                  #17
                                  not sure how big the impact will be just yet... we promote thousands of sponsors and only one was using Chexx for checks- hugetraffic.
                                  cant say how many were using for wires- to affiliates or to paxum

                                  Got a paysite? Get it reviewed by RabbitsReviews and TheBestPorn

                                  Comment

                                  • JesseQuinn
                                    feeding the wolves
                                    • Aug 2012
                                    • 6635

                                    #18
                                    this is not good :/

                                    from what I understand from Luke the situation with Chexx account funds is as follows:

                                    -ACH and UK/CA EFT is not available
                                    -SEPA EFT is working
                                    -US/UK/CA checks are not working, not sure about Euro checks
                                    -wire is working

                                    so account funds are not frozen, at this point at least. I'll be testing both wire and SEPA EFT today and will report back if there are any issues

                                    I'm really hoping this isn't the end of Chexx. They've been a wonderful company to work with and it would really suck to have to run my biz without them.
                                    throwing molotav cocktails at the precinct

                                    Comment

                                    • Konda
                                      ...
                                      • Apr 2003
                                      • 2280

                                      #19
                                      Originally posted by rabbit
                                      not sure how big the impact will be just yet... we promote thousands of sponsors and only one was using Chexx for checks- hugetraffic.
                                      cant say how many were using for wires- to affiliates or to paxum
                                      I know that quite a few big programs use them, the checks usually say "The Payments Factory" and wires come from different companies such as "Option Logic" and "Counting House"

                                      Comment

                                      • robwod
                                        Confirmed User
                                        • Nov 2005
                                        • 2540

                                        #20
                                        One would assume, or hope, that any programs negatively impacted by this would communicate relevant information to affiliates regarding existing undeposited checks, or delays in forthcoming checks.
                                        NSFW

                                        Comment

                                        • rabbit
                                          Confirmed User
                                          • Jul 2003
                                          • 2124

                                          #21
                                          Originally posted by robwod
                                          One would assume, or hope, that any programs negatively impacted by this would communicate relevant information to affiliates regarding existing undeposited checks, or delays in forthcoming checks.
                                          yes kudos to webclicks.com already sent an email today

                                          Got a paysite? Get it reviewed by RabbitsReviews and TheBestPorn

                                          Comment

                                          • Konda
                                            ...
                                            • Apr 2003
                                            • 2280

                                            #22
                                            Originally posted by rabbit
                                            not sure how big the impact will be just yet... we promote thousands of sponsors and only one was using Chexx for checks- hugetraffic.
                                            cant say how many were using for wires- to affiliates or to paxum
                                            Some others that use(d) them: Mindgeek for all their programs, SexTronix, 21stCentryCash,
                                            Hentai Biz, those checks usually say Affil-Support LLC but it's also Chexx Inc or at least used to be.
                                            There are probably lots of others as well where it shows other company names but still is handled by Chexx Inc.

                                            Comment

                                            • Paul Markham
                                              Too old to care
                                              • Jun 2001
                                              • 52942

                                              #23
                                              Originally posted by Konda
                                              That was WebmasterChecks I think, but seems to be a similar situation.

                                              In regards to Paxum, It should not affect transfers TO paxum, nor card funding/withdrawing. But if they indeed use Chexx Inc for all non-card withdrawals it still might affect quite some people here, unless they already have set up backups.
                                              I'm getting a bank transfer from AdultCentro via Paxum. So need Ruth and someone from AdultCentro to speak up on this.



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                                              • xXXtesy10
                                                Fakecoin Investor
                                                • Jul 2012
                                                • 7127

                                                #24
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                                                • xXXtesy10
                                                  Fakecoin Investor
                                                  • Jul 2012
                                                  • 7127

                                                  #25
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                                                  Comment

                                                  • Petra
                                                    Confirmed User
                                                    • Jul 2007
                                                    • 515

                                                    #26
                                                    Got this earlier today from Payoneer:

                                                    Major news outlets have recently reported that the Canadian payments processor PacNet Services Ltd. is currently under investigation by law enforcement for involvement in mail fraud schemes.

                                                    For a minimal portion of our payment routes, Payoneer relied on PacNet as third payment party payment provider. Upon learning of the allegations against them, Payoneer immediately ceased all business operations with PacNet.

                                                    This development surprised Payoneer as it did the entire payment industry. We are currently in the process of finding alternative methods and routes for those previously served by PacNet. As such, some of the payments you have recently issued may be delayed.

                                                    Your patience and understanding in this matter are greatly appreciated.
                                                    SKYPE - petra.ann
                                                    Email - [email protected]

                                                    Comment

                                                    • anexsia
                                                      Confirmed User
                                                      • May 2010
                                                      • 5735

                                                      #27
                                                      Would this affect Paxum withdraw to Bank account? I'm just curious because I was going to switch some affiliate payment methods to Paxum so I could send it to my bank account.

                                                      Comment

                                                      • Mooby
                                                        Registered User
                                                        • Sep 2016
                                                        • 22

                                                        #28
                                                        Originally posted by Petra
                                                        Major news outlets have recently reported that the Canadian payments processor PacNet Services Ltd. is currently under investigation by law enforcement for involvement in mail fraud schemes.

                                                        For a minimal portion of our payment routes, Payoneer relied on PacNet as third payment party payment provider. Upon learning of the allegations against them, Payoneer immediately ceased all business operations with PacNet.

                                                        This development surprised Payoneer as it did the entire payment industry. We are currently in the process of finding alternative methods and routes for those previously served by PacNet. As such, some of the payments you have recently issued may be delayed.

                                                        Your patience and understanding in this matter are greatly appreciated.
                                                        Still waiting in a similar statement from Paxum. So far the silence is deafening...

                                                        Comment

                                                        • xXXtesy10
                                                          Fakecoin Investor
                                                          • Jul 2012
                                                          • 7127

                                                          #29


                                                          WARNING: Stay Away From Marlboroack aka aka Brandon Ackerman
                                                          http://gfy.com/21169705-post8.html
                                                          Donny Long is Felon, Stalker, Scammer & Coward
                                                          http://www.ripoffreport.com/reports/...lon-int-761244

                                                          Comment

                                                          • RuthB
                                                            Let's Get Paxumized!
                                                            • May 2005
                                                            • 7248

                                                            #30
                                                            CNNMoney recently broke the news that PacNet Services Ltd, is currently under investigation by the US Attorney General for global mail fraud.

                                                            Paxum would like to inform and reassure its clients that Paxum has no direct affiliation with PacNet Services, now or in the past, and we are very surprised by the situation.

                                                            Paxum only used Chexx Inc (PacNet) as a third party payment provider for Check and EFT Withdrawals, and as a result of the allegations and current US government investigation, we have ceased all business with Chexx Inc.

                                                            Unfortunately, as a result of this situation, Paxum has been forced to cancel all Check Withdrawal operations for the current time. We do not yet have a timeline for its return. EFT withdrawal will be temporarily unavailable until we move to a new processor.

                                                            Wire withdrawal will not be affected, and ACH withdrawal (withdrawal to US banks) is also unaffected.

                                                            We are currently in communication with Chexx Inc to determine which payments have already been issued, and which are pending. Upon receipt of this information we will return correct balances to all affected accounts.

                                                            We greatly appreciate your patience and understanding at this time, and we apologize in advance for any inconvenience caused as a result of this unexpected situation.
                                                            Send & Receive Mass Global Payments - Mass P2P/Wire/EFT/SEPA - Adult Industry Friendly - Award Winning Payment Service - Fast, Reliable & Secure!
                                                            Paxum ...... Paxum Bank
                                                            Email: [email protected] ~ Telegram: PaxumRuth

                                                            Comment

                                                            • JesseQuinn
                                                              feeding the wolves
                                                              • Aug 2012
                                                              • 6635

                                                              #31
                                                              ^^^^thanks for that info

                                                              received this update:

                                                              "...received an update from our Accounting Team concerning the holds affecting all bank accounts affiliated with Chexx Inc. At present, we are unable to process payments from any of our bank accounts in any currency or payment method, including wires back to our clients. These restrictions affect our bank accounts both in and out of the United States.

                                                              (snip)

                                                              Any payment files that have not yet been processed should be considered void and we recommend looking into alternate payment processors to fulfill any outbound payment needs.

                                                              While we do not have a time frame for this hold, the Marketing Team for our parent company will be updating the PacNet website as news comes in:

                                                              https://pacnetservices.com/

                                                              Thank you,
                                                              "


                                                              I have just over 26k frozen by this. trying not to throw up right now
                                                              throwing molotav cocktails at the precinct

                                                              Comment

                                                              • xXXtesy10
                                                                Fakecoin Investor
                                                                • Jul 2012
                                                                • 7127

                                                                #32
                                                                WARNING: Stay Away From Marlboroack aka aka Brandon Ackerman
                                                                http://gfy.com/21169705-post8.html
                                                                Donny Long is Felon, Stalker, Scammer & Coward
                                                                http://www.ripoffreport.com/reports/...lon-int-761244

                                                                Comment

                                                                • JJE
                                                                  Confirmed User
                                                                  • Sep 2014
                                                                  • 49

                                                                  #33
                                                                  Ruth, you say wires are still working however previous wires I've received are from 'Chexx' (non-USD). Are they now from a different provider? I don't want to issue any new wires if they aren't... Dare say most other people would agree. And would a wire I submitted (and received an email it was processed) last Thursday/Friday have been halted? I've not received it yet.

                                                                  On the bright side, hopefully the new EFT provider has a more reasonable withdraw limit.

                                                                  Comment

                                                                  • ErectMedia
                                                                    Confirmed Chicago Pimp
                                                                    • Aug 2004
                                                                    • 7100

                                                                    #34
                                                                    Middle Men Part 2 in theaters soon...

                                                                    Comment

                                                                    • BigFurry
                                                                      Confirmed User
                                                                      • Nov 2003
                                                                      • 1574

                                                                      #35
                                                                      Ruth, couldn't you use TransferWise for European EFTs? And let them exchange the USD, at their rate.

                                                                      Comment

                                                                      • xXXtesy10
                                                                        Fakecoin Investor
                                                                        • Jul 2012
                                                                        • 7127

                                                                        #36
                                                                        WARNING: Stay Away From Marlboroack aka aka Brandon Ackerman
                                                                        http://gfy.com/21169705-post8.html
                                                                        Donny Long is Felon, Stalker, Scammer & Coward
                                                                        http://www.ripoffreport.com/reports/...lon-int-761244

                                                                        Comment

                                                                        • incredibleworkethic
                                                                          Confirmed User
                                                                          • Sep 2009
                                                                          • 2298

                                                                          #37
                                                                          Originally posted by ErectMedia
                                                                          Middle Men Part 2 in theaters soon...

                                                                          Yep, and I bet he could make it in plain sight lol.

                                                                          Comment

                                                                          • Konda
                                                                            ...
                                                                            • Apr 2003
                                                                            • 2280

                                                                            #38
                                                                            Originally posted by JesseQuinn
                                                                            ^^^^thanks for that info

                                                                            received this update:

                                                                            "...received an update from our Accounting Team concerning the holds affecting all bank accounts affiliated with Chexx Inc. At present, we are unable to process payments from any of our bank accounts in any currency or payment method, including wires back to our clients. These restrictions affect our bank accounts both in and out of the United States.

                                                                            (snip)

                                                                            Any payment files that have not yet been processed should be considered void and we recommend looking into alternate payment processors to fulfill any outbound payment needs.

                                                                            While we do not have a time frame for this hold, the Marketing Team for our parent company will be updating the PacNet website as news comes in:

                                                                            https://pacnetservices.com/

                                                                            Thank you,
                                                                            "


                                                                            I have just over 26k frozen by this. trying not to throw up right now
                                                                            Damn that sucks. I am wondering how much big companies like MindGeek have pending there as they also use them for all their programs.

                                                                            I knew this would have quite an impact in this industry because so many companies here relied directly or indirectly on Chexx Inc. and I didn't even Paxum and Payoneer also used them, but luckily it seems only for parts of their business and not for everything.

                                                                            Comment

                                                                            • Petra
                                                                              Confirmed User
                                                                              • Jul 2007
                                                                              • 515

                                                                              #39
                                                                              Originally posted by Mooby
                                                                              Still waiting in a similar statement from Paxum. So far the silence is deafening...
                                                                              I've asked what services are affected and I don't even hear crickets. It's pretty concerning since this is our main method of payout to performers and affiliates.
                                                                              SKYPE - petra.ann
                                                                              Email - [email protected]

                                                                              Comment

                                                                              • Konda
                                                                                ...
                                                                                • Apr 2003
                                                                                • 2280

                                                                                #40
                                                                                Originally posted by Petra
                                                                                I've asked what services are affected and I don't even hear crickets. It's pretty concerning since this is our main method of payout to performers and affiliates.
                                                                                Their statement is listed above
                                                                                "Paxum has been forced to cancel all Check Withdrawal operations for the current time. We do not yet have a timeline for its return. EFT withdrawal will be temporarily unavailable until we move to a new processor."

                                                                                Comment

                                                                                • Paul Markham
                                                                                  Too old to care
                                                                                  • Jun 2001
                                                                                  • 52942

                                                                                  #41
                                                                                  Are Bank Transfers to Europe unaffected?



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                                                                                  Comment

                                                                                  • myleene
                                                                                    Confirmed User
                                                                                    • Oct 2013
                                                                                    • 906

                                                                                    #42
                                                                                    Are canadian drawn cheques frozen too?

                                                                                    I think I have 4-5 in the mail.

                                                                                    I want to deposit my money.

                                                                                    Comment

                                                                                    • Petra
                                                                                      Confirmed User
                                                                                      • Jul 2007
                                                                                      • 515

                                                                                      #43
                                                                                      Originally posted by Konda
                                                                                      Their statement is listed above
                                                                                      "Paxum has been forced to cancel all Check Withdrawal operations for the current time. We do not yet have a timeline for its return. EFT withdrawal will be temporarily unavailable until we move to a new processor."
                                                                                      Yea, that's paxum. But my comment was about payoneer. Probably a little more confusing since a mod merged the payoneer thread into the pacnet thread.
                                                                                      SKYPE - petra.ann
                                                                                      Email - [email protected]

                                                                                      Comment

                                                                                      • anexsia
                                                                                        Confirmed User
                                                                                        • May 2010
                                                                                        • 5735

                                                                                        #44
                                                                                        Paxum said ACH/Withdraw to US banks is working but when I usually do withdraws to my US bank I select the "Withdraw To Your Verified Bank Account (EFT)" option. So would that option work or not work? I just don't want to have payments sent to my account if I can't do the "Withdraw Funds to Your Verified Bank Account (EFT) - Takes 5-7 business days" option."

                                                                                        The Paxum site states "EFT withdrawal will be temporarily unavailable until we move to a new processor. Wire withdrawal will not be affected, and ACH withdrawal (withdrawal to US banks) is also unaffected."

                                                                                        Isn't the ACH withdraw to US banks the EFT option?

                                                                                        Comment

                                                                                        • Paul Markham
                                                                                          Too old to care
                                                                                          • Jun 2001
                                                                                          • 52942

                                                                                          #45
                                                                                          Originally posted by Paul Markham
                                                                                          I'm getting a bank transfer from AdultCentro via Paxum. So need Ruth and someone from AdultCentro to speak up on this.
                                                                                          I need Ruth to tell me this or someone from Paxum.



                                                                                          Blowout deal. 880 videos, 2,400 image sets, plus many RAW videos. $500.
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                                                                                          Comment

                                                                                          • Caldo
                                                                                            Confirmed User
                                                                                            • Apr 2007
                                                                                            • 3993

                                                                                            #46
                                                                                            Hope this will be fixe soon ...


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                                                                                            Comment

                                                                                            • topadult
                                                                                              Confirmed User
                                                                                              • Jun 2015
                                                                                              • 507

                                                                                              #47
                                                                                              So, if we have $ in Paxum or Payoneer account now, is it safe?
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                                                                                              • CAHEK
                                                                                                C.C.C.P.
                                                                                                • Aug 2003
                                                                                                • 7423

                                                                                                #48
                                                                                                Originally posted by topadult
                                                                                                So, if we have $ in Paxum or Payoneer account now, is it safe?
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                                                                                                • Brian mike
                                                                                                  #Alberta51
                                                                                                  • Oct 2014
                                                                                                  • 8735

                                                                                                  #49
                                                                                                  Originally posted by topadult
                                                                                                  So, if we have $ in Paxum or Payoneer account now, is it safe?
                                                                                                  I asked that same question to Ruth few minutes ago and she said were safe
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                                                                                                  • RuthB
                                                                                                    Let's Get Paxumized!
                                                                                                    • May 2005
                                                                                                    • 7248

                                                                                                    #50
                                                                                                    Originally posted by topadult
                                                                                                    So, if we have $ in Paxum or Payoneer account now, is it safe?
                                                                                                    Yes, your funds are safe with Paxum.

                                                                                                    The only Paxum services that are affected by this situation are Check Withdrawal and ACH/EFT Withdrawal.

                                                                                                    You can still send and receive transfers without issue.
                                                                                                    Paxum cards are operating normally
                                                                                                    Wire withdrawal is operating normally
                                                                                                    Add funds by wire is operating normally

                                                                                                    ACH (which is EFT withdrawal to US bank accounts) will be back ASAP with EFT reinstated shortly after that.

                                                                                                    Thank you in advance for your patience and understanding, we greatly appreciate it.
                                                                                                    Send & Receive Mass Global Payments - Mass P2P/Wire/EFT/SEPA - Adult Industry Friendly - Award Winning Payment Service - Fast, Reliable & Secure!
                                                                                                    Paxum ...... Paxum Bank
                                                                                                    Email: [email protected] ~ Telegram: PaxumRuth

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