Results 26 to 50 of 179
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07-28-2020, 05:52 PM #26
Yea, just like they got what they wanted by regulating the OTC derivatives market, puh-lease. They will go after only low hanging fruit that doesn't resist their arbitrary encroachment. Their M.O. is always the same, they only go after those who compete with their paymasters; the banks.
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07-28-2020, 06:13 PM #27
- Join Date
- Feb 2018
- Posts
- 1,349
you got that right. the banks always win.
https://www.bankingdive.com/news/por...ements/569606/
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07-28-2020, 07:50 PM #28
- Join Date
- Feb 2020
- Posts
- 14
Thank you to those showing support. As you all know we are still standing tall. We are willing to take the bumps and bruises for the industry in order to keep the gears rolling. This has been an ongoing battle that the powers at be still can't seem to stop.
Month of July isn't over yet and we haven't slowed down. Feel free to reach out to be apart of the Par family.
Consolidations are back and better than ever. Consolidation terms ranging 80-240 days. Paying 4-9pts within first 2 weeks , come get them while they're hot !!!!
Joseph Galante
ISO Department
347-630-0687
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07-29-2020, 09:21 AM #29
- Join Date
- Dec 2017
- Posts
- 238
I've never seen the tough guys at par so shook.
Nice try guys.
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07-29-2020, 10:32 AM #30
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- Feb 2016
- Posts
- 243
This is like an episode of Billions.
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07-29-2020, 11:07 AM #31
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- Jun 2015
- Posts
- 754
I never understood the need to raise half a Bil from 1200 investors. It’s like calling for trouble with a mega phone. Why not get Wall Street money? Why not grow organically? Where’s all the profits from all those mega reverses?
Who’s and how will all these 1200 investors get paid back? Do they even have the capacity to pay back half a billy?
If the answer is yes, I will take my hat off and kneel.
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07-29-2020, 11:49 AM #32
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- Feb 2016
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- 243
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07-29-2020, 12:07 PM #33
- Join Date
- May 2014
- Location
- California
- Posts
- 347
Yeah, that complaint was ugly. The FBI ran a sting operation as well.
Last edited by Shorebird; 07-29-2020 at 12:26 PM.
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07-29-2020, 12:38 PM #34
- Join Date
- Jul 2018
- Posts
- 193
How can this just be a Civil suit?
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07-29-2020, 12:54 PM #35
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- Jun 2018
- Posts
- 462
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07-29-2020, 12:54 PM #36
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- Jun 2018
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- 462
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07-29-2020, 01:42 PM #37
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- May 2014
- Location
- California
- Posts
- 347
FBI-Criminal
SEC-Civil
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07-29-2020, 02:51 PM #38
- Join Date
- Aug 2019
- Posts
- 94
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07-29-2020, 02:52 PM #39
What "recent victory" are they referring to? Seems like that recent victory pissed the right people off and lead to this.
IDKY people come here and ask questions and say it's a non-trusted source like they have no idea what's going on (oh forgot we work in mca, actually), you're literally linked to the court docket filing which explains everything.
Of course that's one-sided and the SEC's version, initial complaint - hope it plays out in PAR's favor to say the least. I'm sure it will.Anthony Diamond
Underwriter
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07-29-2020, 04:35 PM #40
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- Apr 2015
- Posts
- 10
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07-29-2020, 04:38 PM #41
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- Apr 2015
- Posts
- 10
Stop hating, criminal and civil complaints are always one sided. Par will win!
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07-29-2020, 04:41 PM #42
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- Apr 2015
- Posts
- 10
MRMRG, You sound like a hating *****. Stop
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07-30-2020, 09:20 AM #43
- Join Date
- Aug 2017
- Posts
- 5
Heard Receiver at Par office is ONE person. How can ONE person run an 80 man shop??? How is it that receiver is in liquidation mode, when Par Funding is ahead of investors by 80mm plus. I thought the SEC reserved these actions for ponzi schemes?? SEC setting up Par for sure. This is s DISGRACE. If it can happen to Par it can happen to ANY of us! Hope Par sues them for destroying a perfectly good business. SHAM!!!!!
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07-30-2020, 09:28 AM #44
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,490
I do not know what is going on with this case or who the receiver might be.
Receivers are typically appointed by a court. It can be one person appointed and they typically work for a company and are using their firm's personnel and resources to work on the case.
KHKevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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07-30-2020, 12:01 PM #45
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- Aug 2019
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- 94
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07-31-2020, 01:18 AM #46
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- May 2014
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- California
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- 347
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07-31-2020, 09:14 AM #47
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- Mar 2014
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- Florida
- Posts
- 2,960
This is what grabs the headlines - The writer of the story does NOT understand MCA's
"which loaned cash to small businesses at interest rates as high as 400 percent"Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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07-31-2020, 10:29 AM #48
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- Sep 2015
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- 122
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07-31-2020, 11:30 AM #49
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- May 2014
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- California
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- 347
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07-31-2020, 02:02 PM #50
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- Jun 2015
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- 754