Important Update on Cashgrade e-wallet

[vicon]

Hi All and To Who it may concern!

Just for all to know is that the e-wallet CashGrade has closed it's doors. CashGrade wallet had mostly BINGO merchants so beware of any sites still offering e-wallet Cashrade.

Do NOT deposit any money.

[Northrn]

So I wonder how and if they will bother to return player's money to them?

[Sissy]

Vadim Esipovich
Director at Fintradex Ltd

This is the person who WAS heading up Cashgrade. Information sent to us(BPU) by BingoEntertainment/ Plexgaming owners say that Vadim is also an "ex" partner of Michael and Richard Chambers at Plex gaming. According to web information, Fintradex LTD is the suggested ecommerce processor of Plex gaming.

BPU is still doing research on Cashgrade because there are players and ex employees of BingoEntertainment and Cashmill bingo who have not been paid and these sites are using Cashgrade as excuses for some complaints.

We have one player who had $2400 set to Cashgrade and in the next few days the site, Bingo Gala "cut off all ties" with Cashgrade. Then Cashgrade disappeared with her $2400. Before they went offline, they advised her they could not send her money back to Bingo Gala because they (Gala) were no longer doing business with them. The Chambers brothers insist that this "ex partner" Vadim, who obviously still does work with them through Fintradex LTD, also ripped them off for a lot of momey.

Being the Attorneys of the Cypress Lawfirm of Chambers and Chambers, it seems they could and would do something to make this right.

In answer to your question "So I wonder how and if they will bother to return player's money to them?"... doubtful, IMO, but I am not one to give up easily. Is there no responsibility, based on industry standards, by the site to see that their players get their winnings if a scam processor packs his bags and leaves town?