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Credit Suisse will pay $536 million to settle a US investigation

December 16, 2009 - 8:37am | Banks and internet banks | News
Credit Suisse will pay $536 million to settle a US investigation

Credit Suisse said it expects to pay a hefty $536 million to settle a US probe.

The investigation is into payments made between 2002 and 2007 involving countries and entities that face US economic sanctions and such a settlement would be a second heavy payment made by a Swiss bank to US authorities this year. 

Credit Suisse said the expected settlement would likely result in a 445 million Swiss franc ($429 million) charge this quarter, or about 360 million francs after tax.


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2Checkout.com adds more currencies to its payment services

October 13, 2009 - 9:09am | News | Payment systems
2Checkout.com adds more currencies to its payment services

 A provider of ecommerce solutions and third party online payments 2Checkout.com announced the addition of five new purchase currencies and one remittance currency to its lists of payment options for international customers.


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GearsOfProfits mechanism broke down. Forever...

May 29, 2009 - 1:29am | Investment industry | News
GearsOfProfits mechanism broke down. Forever...

Yesterday one more investment projects ruined the hopes of their investors. Started on April 23, 2009 GearsOfProfits offered 3 investment plans: 103% after 1 day, 108% after 2 days, and 114% after 3 days.  Program worked with such online payment systems as LibertyReserve, PerfectMoney and EvoWallet.

Probably, not wishing to be cursed and blacklisted as a scam the admin of this investment project has posted on its site the following announcement: 


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JetProfit.Biz walked away to preserve its own capital

May 20, 2009 - 2:50am | Investment industry | News
JetProfit.Biz walked away to preserve its own capital

JetProfit.Biz, a program established in June 2008 assured all the users that it is a slave to the principle of 'Preservation of Capital" and that old premise that "he who walks away gets to play another day", has never had more relevance. However it appeared to be that the company thinks only about the preservation of its own capital and that is why it decided to walk away to get paid immediately. On May 7, 2009 the lucky users managed to get their payouts. Currently the site is down.


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