Banking in Belize? Shits about to get real!

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  • Forest
    Confirmed User
    • Aug 2001
    • 9135

    #1

    Banking in Belize? Shits about to get real!

    Cynk: The $6 Billion Penny-Stock Debacle Stretches From Belize to Las Vegas - Businessweek

    I hear banks in Belize are going to loose all of their corresponding US banks over this
  • BlackCrayon
    Too lazy to set a custom title
    • Jun 2003
    • 19634

    #2
    doesn't paxum use banks in belize?
    you don't know you're wearing a leash if you sit by the peg all day..

    Comment

    • Ferus
      Bye - Left to do stuff
      • Feb 2013
      • 4108

      #3
      Use Denmark instead, like Coca-Cola and many others. Zero business tax since you can export the profit, and one of the most secure currencies. Dont fuck around in 3rd world nations

      Comment

      • TeenCat
        Too lazy to set a koala
        • Jan 2007
        • 16139

        #4
        Originally posted by BlackCrayon
        doesn't paxum use banks in belize?
        that is right, so can we expect some drama or what?

        6bot
        / Coming again very soon!
        Svit Zlin Radio 24/7!

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        • CaptainHowdy
          Too lazy to set a custom title
          • Dec 2004
          • 94733

          #5
          Oh, well ...

          Comment

          • k0nr4d
            Confirmed User
            • Aug 2006
            • 9231

            #6
            I doubt any bank in belize is going to lose corresponding US banks due to this...
            Mechanical Bunny Media
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            • Markul
              Likes Pie
              • Dec 2007
              • 12403

              #7
              Originally posted by Ferus
              Use Denmark instead, like Coca-Cola and many others. Zero business tax since you can export the profit, and one of the most secure currencies. Dont fuck around in 3rd world nations
              Unless of course you live here ><
              But.... I pulled out...

              Comment

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

                #8
                Please note the date of the article is July 24th 2014, which is almost a year ago.

                This article is in relation to a scam done by an individual based out of Belize. It does not apply to Paxum, nor to the bank we use in Belize, in any way.

                One person in a country performing a scam does not then make every bank entity in that country fraudulent or involved in that scam. If that were the case then all US banks would have been negatively affected as a result of the Enron scandal, and they weren't.

                Thanks
                Send & Receive Mass Global Payments - Mass P2P/Wire/EFT/SEPA - Adult Industry Friendly - Award Winning Payment Service - Fast, Reliable & Secure!
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                • CaptainHowdy
                  Too lazy to set a custom title
                  • Dec 2004
                  • 94733

                  #9
                  Originally posted by RuthB
                  Please note the date of the article is July 24th 2014, which is almost a year ago.

                  This article is in relation to a scam done by an individual based out of Belize. It does not apply to Paxum, nor to the bank we use in Belize, in any way.

                  One person in a country performing a scam does not then make every bank entity in that country fraudulent or involved in that scam. If that were the case then all US banks would have been negatively affected as a result of the Enron scandal, and they weren't.

                  Thanks

                  Comment

                  • Forest
                    Confirmed User
                    • Aug 2001
                    • 9135

                    #10
                    Originally posted by RuthB
                    Please note the date of the article is July 24th 2014, which is almost a year ago.

                    This article is in relation to a scam done by an individual based out of Belize. It does not apply to Paxum, nor to the bank we use in Belize, in any way.

                    One person in a country performing a scam does not then make every bank entity in that country fraudulent or involved in that scam. If that were the case then all US banks would have been negatively affected as a result of the Enron scandal, and they weren't.

                    Thanks

                    Comment

                    • Ferus
                      Bye - Left to do stuff
                      • Feb 2013
                      • 4108

                      #11
                      Originally posted by Markul
                      Unless of course you live here ><
                      Opret et holding selskab ��

                      Comment

                      • Markul
                        Likes Pie
                        • Dec 2007
                        • 12403

                        #12
                        Originally posted by Ferus
                        Opret et holding selskab ��
                        Det har jeg naturligvis. Du kommer stadig af med for meget i skat
                        But.... I pulled out...

                        Comment

                        • Google Expert
                          Webmaster
                          • Jun 2004
                          • 14294

                          #13
                          Originally posted by TeenCat
                          that is right, so can we expect some drama or what?
                          paging Ruth...

                          Comment

                          • LATA
                            Registered User
                            • Jul 2010
                            • 32

                            #14
                            Paxum does business with Choose Bank in Belize and so does Payoneer. It is rumored that Payoneer owns part of the bank!

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