Virtex is SCAM. Don't deposite money there. Don't trade there.

[n2004al]

I have problems with Virtex (https://virtex.com). I have deposited 100$ 4 days ago and my money are yet in pending. I deposited there from payza. They told the money from Payza comes max in 48 hours but are gone 4 days and nothing. And the big problem is that no one answered to my tickets.

I found Virtex at my Payza account and I thought that this site is safe because of this. But because of they above actions I think that they smell scam and Payza must be responsible that collaborate with such kind of sites.

[paolo77]

i scam too !!!!   0.66 btc !!!

[richana]

Same problem here, guys.

I am a registered user of Virtex.com but for the past week I have had problems with the site.

I deposited quite a bit to Virtex.com (more than both of you combined). Then I made some trades on the exchange, and finally I tried to withdraw.
I have both requested money, and also tried to retrieve Bitcoin.
But so far nothing.

They don't even reply to my emails.

When a company is not able to handle basic customer support, doesn't answer emails, doesn't pay out fiat, and doesn't allow BTC withdrawals either, then users start to get worried...

[n2004al]

About ten days and yet no money at Virtex. And Payza continue the publicity to this site at its site. Every member of Payza can see this site as a credited one in the list (the first) of cryptotraders.

Very good responsability and sensibility.

[bit79]

I thought Paiza was a scam like Egopay? Both are run by the Patel brothers?

[n2004al]

I thought Paiza was a scam like Egopay? Both are run by the Patel brothers?

I don't think so. Payza is a big business. But I don't understand this kind of behaviour from they. Maybe negligence. But that cost money to the people.

[richana]

Payza is the former AlertPay, which is indeed run by the Patels. Lots of problems in the past, but they appear to (hopefully) have cleaned up their act.

There are no indications of cross-ownership between Payza and EgoPay.  
EgoPay has always been run out of Kaunas in Lithuania, which is where the owners and principals reside and where they keep their offices. They are the same offices as Virtex.com and have the same overlap in ownership and staff.

Both sites (EgoPay and Virtex) were made by http://www.thinkbig.lt/ which is also based in Kaunas, Lithuania. So for filing criminal charges with law enforcement and tracking down the funds that the owners have allegedly stolen, the place to start the police investigation is with ThinkBig.

Focus on Paulius Meskauskas, Tomas Andzelis, Mantas Gustys and Tadas Kasputis, who is the ringleader and who has a past history of having scammed the same way before with a site called RegalPay.  Fraud is punishable by jailtime in Lithuania.

Or, they could just play honest... pay the little users, like us, what we are owed and what we deposited with them in good faith. Then work with the big creditors to negotiate a payment plan for liquidating the larger debts. I know it is easier to steal, but in the long run crime doesn't pay.

[mayax]

Payza is the former AlertPay, which is indeed run by the Patels. Lots of problems in the past, but they appear to (hopefully) have cleaned up their act.

There are no indications of cross-ownership between Payza and EgoPay.  
EgoPay has always been run out of Kaunas in Lithuania, which is where the owners and principals reside and where they keep their offices. They are the same offices as Virtex.com and have the same overlap in ownership and staff.

Both sites (EgoPay and Virtex) were made by http://www.thinkbig.lt/ which is also based in Kaunas, Lithuania. So for filing criminal charges with law enforcement and tracking down the funds that the owners have allegedly stolen, the place to start the police investigation is with ThinkBig.

Focus on Paulius Meskauskas, Tomas Andzelis, Mantas Gustys and Tadas Kasputis, who is the ringleader and who has a past history of having scammed the same way before with a site called RegalPay.  Fraud is punishable by jailtime in Lithuania.

Or, they could just play honest... pay the little users, like us, what we are owed and what we deposited with them in good faith. Then work with the big creditors to negotiate a payment plan for liquidating the larger debts. I know it is easier to steal, but in the long run crime doesn't pay.

There is a strong relation between Payza and Egopay.  Tadas was like a puppet while the most of the money went to Payza's owners

this article is since 2013
http://beforeitsnews.com/economy/2013/04/ego-system-egopay-payment-system-review-2507416.html

"the thing is that the Canadian company Payza has decided to outsource part of its operations to its branch represented by EgoPay"

[richana]

Very interesting article. I found confirmation of it here as well:
http://ecurrency.ec/2013/04/egopay-payment-system-review/

Thanks, mayax, for finding this!

Now it all makes sense. The story more or less goes like this:
Payza wanted to distance itself from the riskier areas of payment processing; areas which cause too much fraud and too many chargebacks and which can therefore put Payza's relationship with the banks at risk.
So they convince Tadas Kasputis to be a strawman and he hires his scammer friends from Kaunas in Lithuania to help him pull it off: Criminals like Paulius Meskauskas, Tomas Andzelis and Mantas Gustys.
Behind the scenes, Payza does all the heavy lifting (and takes all the big fees). But Payza's name isn't sullied. And if law enforcement moves in to stop all the scams, it is EgoPay which is stopped and Payza can continue in business.

I still stand by what I wrote in my original post above:
"There are no indications of cross-ownership between Payza and EgoPay."

This is true. Because this is how the Patel brothers wanted it to be: They set it up this way on purpose.

Now the big question still remains:
Where is our money?
And will we get it back?

I am a client of both EgoPay and Virtex.com, and I have my money stuck in both.  They stopped processing our withdrawal requests at the same time, and neither of them responds to support requests. Same modus operandi, and operated by the same team of criminals.

[samiya]

I have problems with Virtex (https://virtex.com). I have deposited 100$ 4 days ago and my money are yet in pending. I deposited there from payza. They told the money from Payza comes max in 48 hours but are gone 4 days and nothing. And the big problem is that no one answered to my tickets.

I found Virtex at my Payza account and I thought that this site is safe because of this. But because of they above actions I think that they smell scam and Payza must be responsible that collaborate with such kind of sites.

same problems with me i saw that site on payza then deposit btc & my 120$ gone . really can't bear my mistake gl guys

[richana]

More and more innocent victims:

same problems with me i saw that site on payza then deposit btc & my 120$ gone . really can't bear my mistake gl guys

I've lost a lot more than you, samiya. But it is really not the amounts that matter: It is the principle. They are not giving any info, no explanations, no plan for getting back on track and fixing it: They just went silent, and we are left holding the bag.

[mayax]

More and more innocent victims:

same problems with me i saw that site on payza then deposit btc & my 120$ gone . really can't bear my mistake gl guys

I've lost a lot more than you, samiya. But it is really not the amounts that matter: It is the principle. They are not giving any info, no explanations, no plan for getting back on track and fixing it: They just went silent, and we are left holding the bag.

they won't give any answer because they are not honest.

Any honest owner/manager would have came with an announcement to his customers. it's not a shame to admit that you were hacked or about what happened. the people can undertand that any business may have problems from time to time.

They failed to do it.
IMO, they ran with the funds so....I am sorry for your loss.

[n2004al]

I got my money. Payza reversed back the transaction with Virtex. I don't know if this could be possible for the others which want to withdraw from Virtex.

[richana]

Congratulations! (And thanks for letting the rest of us know).

Unfortunately in my case I deposited BTC directly to both Virtex and to EgoPay so the only way I can get my money back is through the actions of those two "companies" directly.

Also, out of curiosity:
Did you have to do anything special, like write a lot to Payza or pressure them, or get the authorities involved?
Or did it just happen automatically?

[n2004al]

Congratulations! (And thanks for letting the rest of us know).

Unfortunately in my case I deposited BTC directly to both Virtex and to EgoPay so the only way I can get my money back is through the actions of those two "companies" directly.

Also, out of curiosity:
Did you have to do anything special, like write a lot to Payza or pressure them, or get the authorities involved?
Or did it just happen automatically?

Normal communication. I had my money after my third email to them. Two first answers taken from a Payza specialist and the reverse of transaction and the third email was from an account manager.

[Arturas_ThinkBig.lt]

Payza is the former AlertPay, which is indeed run by the Patels. Lots of problems in the past, but they appear to (hopefully) have cleaned up their act.

There are no indications of cross-ownership between Payza and EgoPay.  
EgoPay has always been run out of Kaunas in Lithuania, which is where the owners and principals reside and where they keep their offices. They are the same offices as Virtex.com and have the same overlap in ownership and staff.

Both sites (EgoPay and Virtex) were made by http://www.thinkbig.lt/ which is also based in Kaunas, Lithuania. So for filing criminal charges with law enforcement and tracking down the funds that the owners have allegedly stolen, the place to start the police investigation is with ThinkBig.

Focus on Paulius Meskauskas, Tomas Andzelis, Mantas Gustys and Tadas Kasputis, who is the ringleader and who has a past history of having scammed the same way before with a site called RegalPay.  Fraud is punishable by jailtime in Lithuania.

Or, they could just play honest... pay the little users, like us, what we are owed and what we deposited with them in good faith. Then work with the big creditors to negotiate a payment plan for liquidating the larger debts. I know it is easier to steal, but in the long run crime doesn't pay.

Hello everybody,
I am Arthur, the CEO of marketing agency ThinkBig.lt that you have mentioned above. EgoPay was a client where me and my team was doing marketing and business development part. Your information and considerations are wrong
Also, we provide only marketing and business development services, and partly front-end programming; thus EgoPay.com project is too large-scale project for my marketing agency.

[mayax]

Congratulations! (And thanks for letting the rest of us know).

Unfortunately in my case I deposited BTC directly to both Virtex and to EgoPay so the only way I can get my money back is through the actions of those two "companies" directly.

Also, out of curiosity:
Did you have to do anything special, like write a lot to Payza or pressure them, or get the authorities involved?
Or did it just happen automatically?

Payza owners do not want to make waves. They are involved in the Egopay project(in fact, they are the owners), that guy Tdas was only a puppet.

[richana]

EgoPay was a client where me and my team was doing marketing and business development part
(...)
and partly front-end programming

Hi Arthur/Arturas, your marketing was well done and the front-end programming certainly looked very slick and professional. But the "business development" part was not so good: The business was a fraud, and customers like myself have been scammed out of our money.

Since you worked with these crooks, please inform us how to get in touch with some of them and ask for the return of the money they stolen from us: Scammers like Paulius Meskauskas, Tomas Andzelis, Mantas Gustys and in particular Tadas Kasputis.
 
Please don't be silent like EgoPay/Virtex who don't respond to any messages whatsoever.

[n2004al]

Payza removed Virtex from his list of Cryptocurrency Trading Platforms. A little late but better late than never 

Good job Payza!!!!

[samiya]

hey guys i deposit btc to virtex.com from blockchain is there anyway to back my btc?