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Author Topic: SCAM: MinexPay crypto debit card by minexpay.com / Minexcoin  (Read 16291 times)
Bgbolahan
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January 09, 2019, 04:02:30 PM
 #161

Wrong. When dealing with cards he has to convert MNX to EUR and send money to card almost instantaneuosly and he cant do it through InstaBuy. InstaBuy is not real exchange with Buy/Sell orders where you can sell MNX whenever you wants - you have to wait on a buyer who knows how long and such approach is not usable for funding payment cards. That is why Boris use EXMO and demands from customers to make a selfie with a card. He is making individual accounts on EXMO without customers knowledge,use these accounts and has full control of them ,because EXMO is only exchange where you can sell MNX for EURO immediately and withdraw money to your card. But to make withdraw to the card,EXMO demands to send them selfie with yours card.  Wink

After his illegal using third company account on Upaycard,such behaviour is not suprise any more.


Can you believe it? After all that ICO scam, time-wasting, Novarise, CSOB and countless other lies what do we see?

Just a prepaid card from Upaycard. How pathetic.

Lolz....nothing can be done,just hope it won't get ban
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thunderjet
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January 09, 2019, 07:43:11 PM
 #162

@thunderjet

I think something else is happening here.

Borys is probably not opening EXMO or other exchange accounts usng the KYC ID he received. I think he will be using those IDs for future fraud which might or might not be related to crypto.

About what he is doing now, it is a case of customer wanting Upaycard topped up and Minex is playing the middle man role.

Customers will not be able to login at Upaycard to view transactions because Borys wants them to stay bound to Minexpay. The ordered cards from Upaycard and kept the logins for themselves then took the cards out of the packaging and then sent them off to Minex customers.

All transcations would also appear on Upaycard website if customer could login but Borys is making there a case for Minexpay to exist (after getting no licence from VISA or Mastercard) and this was the only way he could do it.

You are right that Minexpay( Chain2pay) is unwanted middle man between Upaycard and the customers. Customers will not have access to theirs accounts on Upaycard,because everything is going over Minexpay,which put Boris in superior position to drain more money through his special fees and minimal required balance in MNX coins.

I dont know for what in future he can use customers IDs,but I know that for selling MNX coins and topping cards with EUR, he has to use EXMO exchange.There is no other way to do it. EXMO requires selfie with payment card if you want to withdraw money via card.

Boris cards are non-branded, he is using illegaly UAB KD account on Upaycard and that is why he cant open corporate account on EXMO , sell MNX for EUR and topping customers cards directly. He is using customer IDs  and selfies with payment card without theirs permission to open individual accounts(under his full control) on EXMO with enabled option of money withdrawal via cards.This is major violation of AML regulations and customers rights.




He can sell the MNX through instabuy and convert the BTC to EUR very easy

Wrong. When dealing with cards he has to convert MNX to EUR and send money to card almost instantaneuosly and he cant do it through InstaBuy. InstaBuy is not real exchange with Buy/Sell orders where you can sell MNX whenever you wants - you have to wait on a buyer who knows how long and such approach is not usable for funding payment cards. That is why Boris use EXMO and demands from customers to make a selfie with a card. He is making individual accounts on EXMO without customers knowledge,use these accounts and has full control of them ,because EXMO is only exchange where you can sell MNX for EURO immediately and withdraw money to your card. But to make withdraw to the card,EXMO demands to send them selfie with yours card.  Wink

After his illegal using third company account on Upaycard,such behaviour is not suprise any more.


I think you forgot how the service will work. Minex web wallet will act as exchange coverting crypto to fiat and these fiat sent to prepaid card issue by minexpay or whatever company. Current btc obtain through instabuy will be converted to fiat and deposited in chain2pay fiat account in a bank which act as buffer for this service, so it will be instant that way when you convert your mnx in minexpay web wallet to EUR,which is sent to your card and then spend.

These MNX spent in minexwallet go to instabuy wallet and will be placed on instabuy and sold for btc,then the btc sold in EUR due to high liquidity and the buffer will be kept constant and increase as demand increases

So boris doesn't need EXOM for the card to work

Yes, Boris needs EXMO exchange for MNX selling. Minex web-wallet is useless in this story, one not needed intermediary.It is just a way to get more money from additional fees, not existing for others Upaycard holders.

Why is Minex web wallet useless - you have Upaycard,not Minex branded card. Boris is illegally using UAB KRISTOLINIS DUGNAS( UAB KD) account on Upaycard. Only way to fund cards is that Minex sell BTCs on Upaycard , change them for EUR ,then send them from its Upaycard account to customers sub-accounts linked to individual cards. This operation has to be done fast, so Boris needs to have BTCs reserve on Upaycard account of UAB KD. So,when you send BTC to Minex web wallet , Boris is selling BTCs from his reserve on Upaycard, funding your card with money and taking additional fees as artificial intermediary between you and Upaycard.

In fact Minex web wallet is here just to mimick payment service on exchanges - in fact all sells will be done on other places. For BTCs on Upaycard, for MNX on EXMO. Minex web wallet cant fund your Upaycard directly. To fund cards directly you need to be payment service with bank license or at least issuer of branded cards linked to licensed payment service. Minex is not payment service or card issuer and cant fund cards of another issuer directly ( that is one of major reasons why other issuers of crypto related cards worked so hard to get license from Mastercard or Visa to be branded issuers) Wink  

Minex does not know number of bank account linked to Upaycards - only Upaycard knows that.And even if they know,Minex could send directly money to these account only through bankwire service, so customer will have to wait days for his card funding.

When we are talking about converting MNX for EUR,Boris cant use Upaycard to do that,because Upaycard does not offer selling MNX for fiat. He has to find a way around and because he cant funds cards directly he founded another intermediary - EXMO who offers selling MNX for fiat and withdrawal to cards, but you have to verife your card by sending selfie with it - that is why Boris wants selfie with card,because Upaycard does not requests it from theirs users. So Boris will open individual accounts on EXMO with your IDs,send them yours selfie with card to enable withdrawal option via card. Minex web wallet will just mimick exchange in this case like it is for BTCs,while all process will be done on EXMO.

As I said earlier ,Instabuy is useless in this case , because it works more like shop - it needs to wait for customer willing to change BTCs for MNX and no one wants to wait for hours or days for his card funding.

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January 09, 2019, 07:58:47 PM
 #163

thank you very much @thunderjet for all the information and explanations. your are really helpful to prove that MNX is just a joke and that they are acting in an illegal way.

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thunderjet
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January 09, 2019, 10:31:02 PM
Last edit: January 10, 2019, 01:45:45 AM by thunderjet
 #164

thank you very much @thunderjet for all the information and explanations. your are really helpful to prove that MNX is just a joke and that they are acting in an illegal way.


Iam trying to give people the best possible explanations.But there is one more thing people does not know and is important in Minex case.And not just in Minex case.

After Wavecrest ,Visa nad Mastercard significantly boosted theirs control systems.They are monitoring not just card transactions, but also where cards were used - in which country. They know who is card issuer and for what region/countries it has license. If they spot that majority of transactions were occured during 1-3 months time period in countries card issuer has no license they automatically put a red flag on such cards and card issuer block cards demanding more proofs from card holder that he/she is really resident of country he/she put during registration.

There are multiple cases where people trying to get crypto related card from some of branded issuers, falsified their true place of residence to obtain cards and were caught 1-3 months after it and got theirs account permanently frozen,because they didnt know that places of cards using are also monitored by card payment system.

What it means for Minex? Overwhelming majority of Minex(UAB KRISTOLINIS DUGNAS) cards are people from countries where there are no crypto related card issuer yet, out of EEA zone for which Upaycard has licnese. Minex had to falsify theirs true place of residence or they would not be eligible to get Upaycard.

I bet that Boris and his customers didnt know that Visa and Mastercard are monitoring not just transactions,but places of using too. After card activation, every transaction will be monitored and depends of using frequency, they will be blocked sooner or later and accounts permanently frozen if user is not really from EEA zone.

I even suggested Temhuk on previous, now locked thread, that Minex should try to get Unionpay license and provide truly worldwide cards like Paycent did instead using muddy illegal schemes but got no answer,because he probably has no any infulence/role about it in Minex.

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January 10, 2019, 04:00:53 AM
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@thunderjet

I think something else is happening here.

Borys is probably not opening EXMO or other exchange accounts usng the KYC ID he received. I think he will be using those IDs for future fraud which might or might not be related to crypto.

About what he is doing now, it is a case of customer wanting Upaycard topped up and Minex is playing the middle man role.

Customers will not be able to login at Upaycard to view transactions because Borys wants them to stay bound to Minexpay. The ordered cards from Upaycard and kept the logins for themselves then took the cards out of the packaging and then sent them off to Minex customers.

All transcations would also appear on Upaycard website if customer could login but Borys is making there a case for Minexpay to exist (after getting no licence from VISA or Mastercard) and this was the only way he could do it.

You are right that Minexpay( Chain2pay) is unwanted middle man between Upaycard and the customers. Customers will not have access to theirs accounts on Upaycard,because everything is going over Minexpay,which put Boris in superior position to drain more money through his special fees and minimal required balance in MNX coins.

I dont know for what in future he can use customers IDs,but I know that for selling MNX coins and topping cards with EUR, he has to use EXMO exchange.There is no other way to do it. EXMO requires selfie with payment card if you want to withdraw money via card.

Boris cards are non-branded, he is using illegaly UAB KD account on Upaycard and that is why he cant open corporate account on EXMO , sell MNX for EUR and topping customers cards directly. He is using customer IDs  and selfies with payment card without theirs permission to open individual accounts(under his full control) on EXMO with enabled option of money withdrawal via cards.This is major violation of AML regulations and customers rights.




He can sell the MNX through instabuy and convert the BTC to EUR very easy

Wrong. When dealing with cards he has to convert MNX to EUR and send money to card almost instantaneuosly and he cant do it through InstaBuy. InstaBuy is not real exchange with Buy/Sell orders where you can sell MNX whenever you wants - you have to wait on a buyer who knows how long and such approach is not usable for funding payment cards. That is why Boris use EXMO and demands from customers to make a selfie with a card. He is making individual accounts on EXMO without customers knowledge,use these accounts and has full control of them ,because EXMO is only exchange where you can sell MNX for EURO immediately and withdraw money to your card. But to make withdraw to the card,EXMO demands to send them selfie with yours card.  Wink

After his illegal using third company account on Upaycard,such behaviour is not suprise any more.


I think you forgot how the service will work. Minex web wallet will act as exchange coverting crypto to fiat and these fiat sent to prepaid card issue by minexpay or whatever company. Current btc obtain through instabuy will be converted to fiat and deposited in chain2pay fiat account in a bank which act as buffer for this service, so it will be instant that way when you convert your mnx in minexpay web wallet to EUR,which is sent to your card and then spend.

These MNX spent in minexwallet go to instabuy wallet and will be placed on instabuy and sold for btc,then the btc sold in EUR due to high liquidity and the buffer will be kept constant and increase as demand increases

So boris doesn't need EXOM for the card to work

Yes, Boris needs EXMO exchange for MNX selling. Minex web-wallet is useless in this story, one not needed intermediary.It is just a way to get more money from additional fees, not existing for others Upaycard holders.

Why is Minex web wallet useless - you have Upaycard,not Minex branded card. Boris is illegally using UAB KRISTOLINIS DUGNAS( UAB KD) account on Upaycard. Only way to fund cards is that Minex sell BTCs on Upaycard , change them for EUR ,then send them from its Upaycard account to customers sub-accounts linked to individual cards. This operation has to be done fast, so Boris needs to have BTCs reserve on Upaycard account of UAB KD. So,when you send BTC to Minex web wallet , Boris is selling BTCs from his reserve on Upaycard, funding your card with money and taking additional fees as artificial intermediary between you and Upaycard.

In fact Minex web wallet is here just to mimick payment service on exchanges - in fact all sells will be done on other places. For BTCs on Upaycard, for MNX on EXMO. Minex web wallet cant fund your Upaycard directly. To fund cards directly you need to be payment service with bank license or at least issuer of branded cards linked to licensed payment service. Minex is not payment service or card issuer and cant fund cards of another issuer directly ( that is one of major reasons why other issuers of crypto related cards worked so hard to get license from Mastercard or Visa to be branded issuers) Wink  

Minex does not know number of bank account linked to Upaycards - only Upaycard knows that.And even if they know,Minex could send directly money to these account only through bankwire service, so customer will have to wait days for his card funding.

When we are talking about converting MNX for EUR,Boris cant use Upaycard to do that,because Upaycard does not offer selling MNX for fiat. He has to find a way around and because he cant funds cards directly he founded another intermediary - EXMO who offers selling MNX for fiat and withdrawal to cards, but you have to verife your card by sending selfie with it - that is why Boris wants selfie with card,because Upaycard does not requests it from theirs users. So Boris will open individual accounts on EXMO with your IDs,send them yours selfie with card to enable withdrawal option via card. Minex web wallet will just mimick exchange in this case like it is for BTCs,while all process will be done on EXMO.

As I said earlier ,Instabuy is useless in this case , because it works more like shop - it needs to wait for customer willing to change BTCs for MNX and no one wants to wait for hours or days for his card funding.



MNX is only sending fiat(EUR)  to the card no cryto at all,the conversation from cryto to fiat is done in minex web wallet and by chain2pay. If you wire money to upay card it is free
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January 10, 2019, 04:02:25 AM
 #166

But let us wait if the card get block soon or later
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January 10, 2019, 04:55:15 AM
Last edit: January 10, 2019, 09:47:13 PM by thunderjet
 #167

@thunderjet

I think something else is happening here.

Borys is probably not opening EXMO or other exchange accounts usng the KYC ID he received. I think he will be using those IDs for future fraud which might or might not be related to crypto.

About what he is doing now, it is a case of customer wanting Upaycard topped up and Minex is playing the middle man role.

Customers will not be able to login at Upaycard to view transactions because Borys wants them to stay bound to Minexpay. The ordered cards from Upaycard and kept the logins for themselves then took the cards out of the packaging and then sent them off to Minex customers.

All transcations would also appear on Upaycard website if customer could login but Borys is making there a case for Minexpay to exist (after getting no licence from VISA or Mastercard) and this was the only way he could do it.

You are right that Minexpay( Chain2pay) is unwanted middle man between Upaycard and the customers. Customers will not have access to theirs accounts on Upaycard,because everything is going over Minexpay,which put Boris in superior position to drain more money through his special fees and minimal required balance in MNX coins.

I dont know for what in future he can use customers IDs,but I know that for selling MNX coins and topping cards with EUR, he has to use EXMO exchange.There is no other way to do it. EXMO requires selfie with payment card if you want to withdraw money via card.

Boris cards are non-branded, he is using illegaly UAB KD account on Upaycard and that is why he cant open corporate account on EXMO , sell MNX for EUR and topping customers cards directly. He is using customer IDs  and selfies with payment card without theirs permission to open individual accounts(under his full control) on EXMO with enabled option of money withdrawal via cards.This is major violation of AML regulations and customers rights.




He can sell the MNX through instabuy and convert the BTC to EUR very easy

Wrong. When dealing with cards he has to convert MNX to EUR and send money to card almost instantaneuosly and he cant do it through InstaBuy. InstaBuy is not real exchange with Buy/Sell orders where you can sell MNX whenever you wants - you have to wait on a buyer who knows how long and such approach is not usable for funding payment cards. That is why Boris use EXMO and demands from customers to make a selfie with a card. He is making individual accounts on EXMO without customers knowledge,use these accounts and has full control of them ,because EXMO is only exchange where you can sell MNX for EURO immediately and withdraw money to your card. But to make withdraw to the card,EXMO demands to send them selfie with yours card.  Wink

After his illegal using third company account on Upaycard,such behaviour is not suprise any more.


I think you forgot how the service will work. Minex web wallet will act as exchange coverting crypto to fiat and these fiat sent to prepaid card issue by minexpay or whatever company. Current btc obtain through instabuy will be converted to fiat and deposited in chain2pay fiat account in a bank which act as buffer for this service, so it will be instant that way when you convert your mnx in minexpay web wallet to EUR,which is sent to your card and then spend.

These MNX spent in minexwallet go to instabuy wallet and will be placed on instabuy and sold for btc,then the btc sold in EUR due to high liquidity and the buffer will be kept constant and increase as demand increases

So boris doesn't need EXOM for the card to work

Yes, Boris needs EXMO exchange for MNX selling. Minex web-wallet is useless in this story, one not needed intermediary.It is just a way to get more money from additional fees, not existing for others Upaycard holders.

Why is Minex web wallet useless - you have Upaycard,not Minex branded card. Boris is illegally using UAB KRISTOLINIS DUGNAS( UAB KD) account on Upaycard. Only way to fund cards is that Minex sell BTCs on Upaycard , change them for EUR ,then send them from its Upaycard account to customers sub-accounts linked to individual cards. This operation has to be done fast, so Boris needs to have BTCs reserve on Upaycard account of UAB KD. So,when you send BTC to Minex web wallet , Boris is selling BTCs from his reserve on Upaycard, funding your card with money and taking additional fees as artificial intermediary between you and Upaycard.

In fact Minex web wallet is here just to mimick payment service on exchanges - in fact all sells will be done on other places. For BTCs on Upaycard, for MNX on EXMO. Minex web wallet cant fund your Upaycard directly. To fund cards directly you need to be payment service with bank license or at least issuer of branded cards linked to licensed payment service. Minex is not payment service or card issuer and cant fund cards of another issuer directly ( that is one of major reasons why other issuers of crypto related cards worked so hard to get license from Mastercard or Visa to be branded issuers) Wink  

Minex does not know number of bank account linked to Upaycards - only Upaycard knows that.And even if they know,Minex could send directly money to these account only through bankwire service, so customer will have to wait days for his card funding.

When we are talking about converting MNX for EUR,Boris cant use Upaycard to do that,because Upaycard does not offer selling MNX for fiat. He has to find a way around and because he cant funds cards directly he founded another intermediary - EXMO who offers selling MNX for fiat and withdrawal to cards, but you have to verife your card by sending selfie with it - that is why Boris wants selfie with card,because Upaycard does not requests it from theirs users. So Boris will open individual accounts on EXMO with your IDs,send them yours selfie with card to enable withdrawal option via card. Minex web wallet will just mimick exchange in this case like it is for BTCs,while all process will be done on EXMO.

As I said earlier ,Instabuy is useless in this case , because it works more like shop - it needs to wait for customer willing to change BTCs for MNX and no one wants to wait for hours or days for his card funding.



MNX is only sending fiat(EUR)  to the card no cryto at all,the conversation from cryto to fiat is done in minex web wallet and by chain2pay. If you wire money to upay card it is free

I have never said that Minex is sending crypto to cards.No one can do it for now. Conversion from crypto to fiat is doing in reality on Upaycard for BTCs and on EXMO for MNX.

Minex web wallet just mimicking process of conversion - it is connected with Minex Upaycard and EXMO accounts ,giving you Upaycard and EXMO conversion rates increased for Minex extra fees. I dont know where you heard that ,but bankwire service is not free. Maybe you mixed up with sending money from one Upaycard account to another.

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January 11, 2019, 07:07:43 PM
 #168

bump

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January 11, 2019, 08:02:50 PM
Last edit: January 11, 2019, 08:22:11 PM by thunderjet
 #169


These UAB KRISTOLINIS DUGNAS cards have so much intermediaries that there is no doubt that users will be charged with substantial fees and bad exchange rates.

In case of BTC conversion there are 3 intermediaries :  Upaycard - UAB KRISTOLINIS DUGNAS - Chain2pay, instead of one - Upaycard. Also due to illegal nature of Chain2pay using of UAB KD account on Upaycard,Iam sure that Boris will have to pay to the owner of the UAB KD fee far larger than if this is a legal business cooperation.

In case of MNX conversion there are 4 intermediaries: Upaycard standard fees - UAB KRISTOLINIS DUGNAS - EXMO - Chain2Pay


One more finding. Report from official Lithuanian company register shows how UAB KD company didnt report any revenue during last 12 months.Also UAB KD has no employees ,other than director Sarunas Badauskas. It means that Minexpay users of Upaycard were not presented as UAB KD employees in a legal way - reported to lithuanian authorities ,but completely illegal. UAB KD didnt give them false documents about place of residence in EEA zone, it just gave  Minexpay/Chain2pay its account on Upaycard. So,providing falsfied documents about place of residence for customers out of EEA( vast majority of Chain2pay users ), without them users will be not be able to get Upaycards,  was solely work of Minexpay/Chain2pay. No doubt, it needed a lot of Photoshop work,so that verification process lasted way longer than usual.

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January 11, 2019, 08:03:54 PM
 #170

thank you very much @thunderjet for all the information and explanations. your are really helpful to prove that MNX is just a joke and that they are acting in an illegal way.

I have to agree.

Sometimes we do not appreciate the efforts that go in to the excellent investigative work that people such as thunderjet provide.

It is thanks to him that we have a great amount information on hand that is related to the Minexsystem/Minexpay/Minexcoin scam and the Republia scam. As a bonus we also have first hand evidence that Borys is in and out of court on charges of tax evasion and/or tax fraud charges.

Thank you thunderjet for your excellent investigative work.


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January 11, 2019, 09:44:01 PM
 #171

 I check upay business card features and i found this @thurderjet do you know what it means?

PAYROLL OPTION

The low cost, convenient way to pay employees, affiliates and clients through our state-of-the art payroll feature.

Does that mean business card can be issue to client?
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January 11, 2019, 10:22:09 PM
 #172

I check upay business card features and i found this @thurderjet do you know what it means?

PAYROLL OPTION

The low cost, convenient way to pay employees, affiliates and clients through our state-of-the art payroll feature.

Does that mean business card can be issue to client?

Sure, business card can be issued to your clients,but Minexpay users are not clients,but customers. Clients are definition for company business partners.(example - company wants to pay its lawyer for his services) Wink

Second, cards can be issued only to employees,affiliates and clients from EEA zone,but Minexpay users are customers and vast majority of them is out of EEA zone, plus Minexpay are illegaly using UAB KRISTOLINIS DUGNAS account on Upaycard, which is not violation of Upaycard and Mastercard rules and regulations, but serious violation of AML laws.

Dont forget, Minexpay could not give Upaycard to his customers other than to falsify that they are UAB KD employees and even more serious,Minexpay falsified place of residence for customers which are not from EEA zone. Such violation will lead to immediate cancellation of cards and sending informations to appropriate governement authorities due to Upaycard Terms of Service:







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January 11, 2019, 11:21:40 PM
 #173

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Second, cards can be issued only to employees,affiliates and clients from EEA zone

Upay business card can be issue worldwide only personal card is available to EEA country
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January 12, 2019, 12:57:43 AM
 #174

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Second, cards can be issued only to employees,affiliates and clients from EEA zone

Upay business card can be issue worldwide only personal card is available to EEA country



Not true. Both , personal and business card are only for residents of EEA zone.








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January 12, 2019, 07:32:34 AM
 #175

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Second, cards can be issued only to employees,affiliates and clients from EEA zone

Upay business card can be issue worldwide only personal card is available to EEA country



Not true. Both , personal and business card are only for residents of EEA zone.




http://i65.tinypic.com/28gxrhl.jpg





Prepaid card link to E-wallet,available in EEA country

What if i dont want to link the prepaid card to Ewallet?
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January 12, 2019, 07:37:31 AM
Last edit: January 12, 2019, 07:50:55 AM by thunderjet
 #176

Quote
Second, cards can be issued only to employees,affiliates and clients from EEA zone

Upay business card can be issue worldwide only personal card is available to EEA country



Not true. Both , personal and business card are only for residents of EEA zone.







Prepaid card link to E-wallet,available in EEA country

What if i dont want to link the prepaid card to Ewallet?


Then ,you cant use the card. All money comes first to e-wallet ,than you can transfer further to the card, bankwire, another user....

You will never get access to yours e-wallet on Upaycard( exactly your sub-account) ,because then you will be able to sell yours cryptos directly and avoid all additional "special" Minex web wallet exchange rates and fees. Such thing Boris will never allow.

JollyGood
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January 12, 2019, 09:22:58 AM
 #177

Quote
Second, cards can be issued only to employees,affiliates and clients from EEA zone

Upay business card can be issue worldwide only personal card is available to EEA country



Not true. Both , personal and business card are only for residents of EEA zone.







Prepaid card link to E-wallet,available in EEA country

What if i dont want to link the prepaid card to Ewallet?


Then ,you cant use the card. All money comes first to e-wallet ,than you can transfer further to the card, bankwire, another user....

You will never get access to yours e-wallet on Upaycard( exactly your sub-account) ,because then you will be able to sell yours cryptos directly and avoid all additional "special" Minex web wallet exchange rates and fees. Such thing Boris will never allow.


Exactly.

Borys and Minex scammers will not allow their MNX token holders go directly to Upaycard to add money on to their card. The customers still can do it (there is a way)

If Borys allows customers to go directly to Upaycard the it means there is no need for Minex.


Bgbolahan
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January 12, 2019, 10:12:55 AM
 #178

Quote
Second, cards can be issued only to employees,affiliates and clients from EEA zone

Upay business card can be issue worldwide only personal card is available to EEA country



Not true. Both , personal and business card are only for residents of EEA zone.




http://i65.tinypic.com/28gxrhl.jpg


Prepaid card link to E-wallet,available in EEA country

What if i dont want to link the prepaid card to Ewallet?


Then ,you cant use the card. All money comes first to e-wallet ,than you can transfer further to the card, bankwire, another user....

You will never get access to yours e-wallet on Upaycard( exactly your sub-account) ,because then you will be able to sell yours cryptos directly and avoid all additional "special" Minex web wallet exchange rates and fees. Such thing Boris will never allow.



What i really want to point out is that the E-wallet is opional for business card,you can design your wallet and provide the card worldwide.... They way i understood it but you can ask upay support for further info.

And part of the feature of business card you can have your own card design
thunderjet
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January 12, 2019, 07:31:29 PM
Last edit: January 13, 2019, 06:56:35 PM by thunderjet
 #179

Quote
Second, cards can be issued only to employees,affiliates and clients from EEA zone

Upay business card can be issue worldwide only personal card is available to EEA country



Not true. Both , personal and business card are only for residents of EEA zone.







Prepaid card link to E-wallet,available in EEA country

What if i dont want to link the prepaid card to Ewallet?


Then ,you cant use the card. All money comes first to e-wallet ,than you can transfer further to the card, bankwire, another user....

You will never get access to yours e-wallet on Upaycard( exactly your sub-account) ,because then you will be able to sell yours cryptos directly and avoid all additional "special" Minex web wallet exchange rates and fees. Such thing Boris will never allow.



What i really want to point out is that the E-wallet is opional for business card,you can design your wallet and provide the card worldwide.... They way i understood it but you can ask upay support for further info.

And part of the feature of business card you can have your own card design

E-wallet is not optional, it is necessity. You cant avoid it ,because it is central part of Upaycard system. All you can do is to put that all money you receive goes automatically on your card.

But you cant do that,because Boris is controlling your sub-account on Upaycard and as I said before, he will never allow you access to it ,because you will be in position to avoid his Minexpay wallet ,additional fees and bad exchange rates.

E-wallet options are Upaycard options and you cant avoid its limitations. Upaycard has license from Mastercard only for EEA zone and you cant change that or avoid it legally. Boris falsified documents of customers out of EEA,but there is price for that illegal doing, plus he didnt achieve nothing with it ,because Mastercard and Visa are monitoring location of card using too. Not only cards will be cancelled ,but he will be reported to government authorities. Using UAB KRISTOLINIS DUGNAS account wont shield him,because there are already too much proofs that he is real user of UAB KD account.

No, you cant change design of business card,because every design change needs approval from Mastercard and separate agreement with card manufacturer.Not at one card issuer,including Upaycard wants do it for a single customer.Also you cant get your logo on card if you are not card issuer. Sometimes card issuer gets approval to issue cards in different colours,but design remains same.


thunderjet
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January 16, 2019, 09:55:45 AM
Last edit: January 18, 2019, 09:07:00 AM by thunderjet
 #180


The lying OP of that thread (naska21) said you "apologised and your apology was accepted" therefore the thread was locked.

I think he must be heavily involved in the Minexsystem/Minexcoin/Minexpay scam and probably suffered huge losses like his best friend temhuk who mortgaged his property to get money to put in to Minex, therefore he just wanted to create some problems for those of us that are trying to expose these evil scammers at Minex.

He wasn't lying about the appology:

https://bitcointalk.org/index.php?topic=5088688.msg49017539#msg49017539

Which was the right thing by mr.pacy.mf to do. He clarified what he meant and apologized for the misunderstanding.

But I suspect the thread was closed because it was causing scrutiny for the project.

It is the typical story. People think they can complain in META and that their story will be accepted without investigation.
Often when people post in META with a complaint there is an ulterior motive and stuff they haven't disclosed.

I believe that the old thread was closed down because @thunderjet did an awesome work exposing Boris Shulyajev's other businesses and how they are failing. Tax evasion, court cases against boris companies for not delivering on paid work ( suprise suprise ). Demolition man became a blockchain entrepeneur. What a joke.


I have obtained more informations about Boris construction companies which will shed some more light on the question why Boris is almost always choosing path of making shady partnerships with some obscure guys, which leading in more or less serious illegal doings against the law.

Two of Boris companies in Ukraine, one construction and one demoliton, were involved in 30 lawsuits - FC BUD in 23 lawsuits( 7 as plantiff and 15 as defendant, 1 is unclear) and Domostroy-7 in 7 as defendant. All lawsuits agains FC BUD are conducting on Business court due to some breaking of contracts, not paying for equipment ,etc.. Also,there are 7 lawsuits against his company Domostroy-7, all criminal, one for participating in the tax evasion ring of 23 companies(already published)  and one for running fictitious company(on the bottom of picture below ) . Unfortunately, didnt succeed to find more informations for other 5 criminal lawsuits.


These are info and links( use Google Translator for English or some other language translation ):

https://vkursi.pro/card/36529767 - FC BUD company data

https://vkursi.pro/card/39486496 - Domostroy 7  company data








Behaviour has been seen in running Minex,especialy dealing with payment card program(false contract with CSOB bank , picking Novarise Secrecy scammer as card program manager and UAB Kristolinis Dugnas as false company for Upaycard cards), is not nothing unusual,but unfortunately part of Boris business practice.




Additional news - Minex has been locked its thread on Russian at Bitcointalk. On that thread they had almost complete dominance,but they decided to lock it too. Instead they opened new, self-moderated thread.

Theirs rapidly increasing intolerance to the slightest opposition is a very bad sign and based on different scams from the past, Minex project is accelerating into the full scam phase.



https://bitcointalk.org/index.php?topic=1849692.15760  - Minex thread on Russian(picture below is translated to English via Google translator)





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