Paxum Bank: The Offshore Bank for the High Risk Industry!
Paxum Bank, headquartered in Dominica, is under growing scrutiny due to its involvement with high-risk industries, particularly adult entertainment, and its alleged connection to financial activities of the Tate brothers. Despite being licensed and regulated by Dominica's Financial Service Unit, the bank faces allegations of fraud, insider trading, and suspicious transactions. With ongoing investigations, Paxum Bank's role in facilitating financial services for high-risk sectors, including adult content creators, raises concerns about regulatory oversight and potential financial misconduct, positioning it for increased scrutiny moving forward.Read More: https://payrate42.com/listings/paxum/
8 The Green
19901 City of Dover
Delaware
United States
PayRate42 is a rating agency specializing in payment processors. Our main goal is to protect merchants and consumers by providing transparency through the evaluation and rating of financial service providers. High-Risk Payment Processors (HRPP) operating outside the established regulatory framework are our primary focus.
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