View Full Version : SecureBuxx Seizes Business With North America

08-10-2003, 07:23 PM
Dear Valued SecureBuxx Merchants,

The management of SecureBuxx has taken the decision to immediately suspend all transfers to and from merchant sites for North American customers. This decision was made on the advice of our legal counsel because of the nature and jurisdiction of our business. Due to recent events, it is the strong belief of our legal counsel that SecureBuxx is currently operating in an area that places SecureBuxx and its customerís at risk.

You will be receiving over the next couple of days, a statement of account from SecureBuxx to your registered address via Fed-ex. Simply sign the statement of account and return it in the enclosed envelope. Once returned, a check will be issued to the name on account for the full balance of the account. Permanent reserve amounts will be returned within 30 days of account balances being paid. Rolling reserves will be returned after 90 days instead of the stipulated 180 days.

Again, we regret for discontinuing the service but we consider this to be the most prudent course of action under the current circumstances. "