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  1. 08-01-2020, 09:50 PM #1
    UrsulaHaun
    UrsulaHaun is offline
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    Quote Originally Posted by SCCNY View Post
    Sorry if a stupid question but what will happen with their current fundings will they still be pulling payments from merchants?
    Not a stupid question. The answer is yes although there may be a temporary pause on them while the receiver works out all the proper bank accounts for everything to run through. This is what happened in 1st Global. All those funds will go towards the money owed to the investors. This case is basically the same situation as 1st Global
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  2. 08-02-2020, 02:13 AM #2
    SmartAdvanced
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    https://www.inquirer.com/news/par-fu...-20200731.html


    So there was a raid?
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  3. 08-03-2020, 11:23 AM #3
    ExMCAUnderwriter
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    Quote Originally Posted by SmartAdvanced View Post
    https://www.inquirer.com/news/par-fu...-20200731.html


    So there was a raid?
    LOL we all knew there was a raid. Of course the people running PAR are going to state that everything is dandy - this is sad.
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