StormPay: It's a Storm to get your Pay

First it was E-gold. So everyone started to look elsewhere. StormPay seemed like a good alternative, especially after they slashed the fees for NetIBA certified members in Dec 2005.

Sorry, folks. Like what we Chinese say, "Fengshui goes around." Now StormPay is raising hell.

What? You don't know anything about the troubles autosurf and HYIP programs are going through with these e-currency companies? Sheesh! Where have you been? Cyberspace? :) I'm not going to fill you in. Find it out yourself Google'ing.

Anyway, here's StormPay's side of the story.

Rumors Put to Rest.
05-Feb-2006 08:38

Recently StormPay.com closed the accounts of what appear to be some major ponzi schemes. These account closures came as the early results of investigations into those businesses by outside investigational organizations as well as our own internal investigations.

As a result, possible victims of these businesses are attempting to retaliate against StormPay.com by spreading false rumors and performing DDOS attacks against StormPay's servers. The rumors include such things as "StormPay.com has gone out of business", "Their building has been burned down", and other falsehoods. The DDOS attacks are "Denial of Service" attacks where massive amounts of traffic is sent to the website whereby disallowing legitimate web traffic to reach the website. These attacks only prevent legitimate traffic from reaching the website and pose absolutely no threat to the security of your StormPay account.

StormPay will CONTINUE to cooperate with authoritative investigations into these businesses which very heavily appear to be nothing more than illegal ponzi or pyramid schemes. Our hopes are to get these investigations completed as early as possible so that victims can quickly be refunded monies that have been captured in those account closures. However, we must warn that those who are impeding the investigation are only slowing the process for everyone involved.

StormPay Inc.