EWX Per Alledged Web Reports, Shut/Seized By US Gov.

[SlotsLover]

how do you know?

All I know is that the US Federal Government has seized all funds from eWalletXpress. That's about it. Hopefully they will release the monies owed to players, but this is the Federal Government. I wouldn't get your hopes up.

Can you tell us how you found out that the US Fed. Gov't is involved? I have heard that third hand from casinos but I am a bit suspicious because there has been no publicity from the US Gov at all and it's not in their best interests (or ability) to keep this quiet.

Personally, I am concerned that EWX is using the US Gov as an excuse to stall because they are somehow short of funds.

Thanks for any insights, and Happy Holidays!!!

Thanks for a great site as well,

 

[cheetahwind]

Here's my guess and this is only a guess.
It may very well be eWalletXpress may have gotten served papers to surrender funds in a round about sort of way, but I'm thinking it might have been there processor not the actual wallet itself.
The only reason why I can draw this conclusion, is it seems awfully funny. That at the same exact time, several casinos that were offering echeck options for deposits and withdrawals, along with QT. All of a sudden stopped offering the option.
I'm thinking what really happened is the processor got too greedy. Started dipping his hands into too many pots. Then got caught. So there very well could be a serious issue going on here, not just involving EWX, but several casinos and ewallet providers funds.
I'm not sitting here advocating to any future processors not to get greedy, but I'm trying to say. Be careful how many people you agree to process for because the larger you spread your audience. The more than likely you'll get caught and then everyone will face similar issues. It could very well be the reason why were not seeing any reports via the DOJ, ICE unit, or any similar agency. Is we could be missing who the key person is processing these transactions in the US. Maybe we should find out what apparently "major" processor got shut down recently and probably start pointing fingers at them.
I dunno bout you, but even getting a cut of that 8% ACH transaction fee from the thousands transacted every day. Had to been a nice kick back, to get greedy and start offering your services elsewhere. Seemed to be overkill.
Thats what I have gathered so far. I could be totally blowing smoke up something smokestack, but for now this is what I'm figuring out.
Also you have to realize like others have said. The climate in the US is very unfavorable right now for anyone gambling online. It's just not a safe climate to venture into. Why anyone would want to risk even $20 for the sake of entertainment right now is beyond me.
For me to spend that $20 I had to spend $2.95 to load a card, pay the 2% foreign transaction fee $0.40. So right there was $3.35. Then to withdrawal varying on who you played you could possibly get a free transaction or sometimes had to pay anywhere from $5 up to $50 to get your money. Seemed a bit steep to me.
I feel sorry for those who have money left in this wallet, but the signs have all been there for a while. It's best to pull out of the online gaming market if your in the US until someones sits down and figures out a way to make it favorable for us, and for them.

 

[paul02085]

Does anyone know how long it took the Govt to announce it publicly when they took Neteller's money?

 

[all4greed]

Can you tell us how you found out that the US Fed. Gov't is involved? I have heard that third hand from casinos but I am a bit suspicious because there has been no publicity from the US Gov at all and it's not in their best interests (or ability) to keep this quiet.

Personally, I am concerned that EWX is using the US Gov as an excuse to stall because they are somehow short of funds.

Thanks for any insights, and Happy Holidays!!!

Thanks for a great site as well,

I also would like to know the source. This whole thing is like, "I heard this from this person who heard this from this person", etc.

 

[all4greed]

I located what division they were set up in and contacted them,know hopefully i will get a respons.I feel if alot of us do this than we might get some good results.

I'm also in a banned state and don't want to draw unwanted attention. Sticky situation.

 

[ksech]

I have the same thoughts/feelings on this as VWM. IF the US government has seized the funds, they are probably waiting for the New Year to begin before anything is mentioned. And as with NeTeller, it took several years before players received their funds from them. It wasn't for lack of funds to pay the players, it was because of the red tape.

Perhaps, some of the delay is trying to separate the Canadian base from the US base. This is all speculation on my part. Since the UIGEA went into effect, many players are feeling the "crunch" of having to find new ways to fund/withdraw. New ewallets are popping up, and many will find these are more rogue than some of the casinos. They're there to dip their fingers in the honey pot while they can. Also, some are finding their banking institutions are now declining international wires. This will create more prospects for using MoneyGram and Western Union (which has stated in the past they don't want anything to do with gambling transactions).

Master Card has withdrawn from the online gambling arena and some are now finding Visa is going in the same direction. The US government is making it tougher and tougher for the US player to spend THEIR hard earned money the way they want to. Instead of trying to "kill" the ideals of online gaming the US government should be trying to figure out how to tap into this multibillion dollar industry. Perhaps then, the US could dig itself out of the financial shambles it's finding itself in (along with sending the majority of crooked politicians to some remote corner of the world).

I feel badly for those who have funds tied up in EWX, but the signs have been there for a while. Talk to the casinos and see if they can recommend a "temporary" solution. I'm sure they don't want players money tied up in some ewallet, they want the players to keep spending that money.

The US government has more secrets than we can imagine, and as with all things they will eventually be revealed. It's just a matter of wait and see, and wait, and wait...

 

[SlotsLover]

recollection

Does anyone know how long it took the Govt to announce it publicly when they took Neteller's money?

My recollection was that it was immediate and in the news the very same day. Feel free to correct me if that memory is wrong.

 

[felicie]

My recollection was that it was immediate and in the news the very same day. Feel free to correct me if that memory is wrong.

I think it was pretty quick also but then they did arrest the 2 ex neteller guys at the airport or somewhere in front of lots of people. Hard to hide. Why doesn't the Canadian govt. tell the US to keep their mitts off of their moneys. Do the Navaho's have any land casinos I wonder?

 

[all4greed]

Well now we are into 2011 and no payouts in sight. Hopefully, we will get news from a reliable source that can cite what is really going on with EWE. And I don't mean just another gambling website where someone heard from someone else blah, blah, blah.

 

[felicie]

I'm still trying to find something out all4greed. Have you been to any other forums to see what the players are saying elsewhere? I'm beginning to think there's a whole different story going on like maybe the US govt. didn't have anything to do with it and somebody just ran off with the funds ya know? Maybe they just got out while the getting was good.
This place is getting to be such a bummer I'm going to go look elsewhere for some info on this and when I find something helpful I'll let you know and if you'll do the same please.

 

[vinylweatherman]

I'm still trying to find something out all4greed. Have you been to any other forums to see what the players are saying elsewhere? I'm beginning to think there's a whole different story going on like maybe the US govt. didn't have anything to do with it and somebody just ran off with the funds ya know? Maybe they just got out while the getting was good.
This place is getting to be such a bummer I'm going to go look elsewhere for some info on this and when I find something helpful I'll let you know and if you'll do the same please.

There is so much secrecy surrounding this that some crook could have thought up such a scheme, leaving the US government as a convenient, and believable, scapegoat.

What about a freedom of information request to put the US government position "on the record" about this. If there is resistance to the request, it would indicate the US government is involved somehow, and it is THEY, rather than EWX, that are enforcing the secrecy.


I have searched Google, and although there are numerous references about this, they ALL come from gambling websites, or gambling media. There is NOTHING showing up on "mainstream media" sites, nor "official" information sites.

The entire story is based on "that email" allegedly sent by EWX to merchants.

 

[felicie]

It is absolutely amazing the lack of talk about it also. Maybe very few are affected since depositing stopped some time ago. Whose in Toronto and familiar with University Ave.?

 

[all4greed]

I contacted an old friend in the gambling world about 2 weeks ago and he came up with nothing. Also contacted a person at another forum requesting where he/she got their information since they posted another EWE funds were seized post and they sent me links to the same old, same old. I check a couple other places weekly and there is nothing to add.

No official source (EWE, US Government, etc.) so it appears to be just some word of mouth thing. Where's the proof that anything, especially seizure, exists? Very frustrating...

 

[felicie]

I sent out a couple of emails too but truly I don't expect much. If I lived in Toronto I'd drive by there and see what's up. maybe not even a good address anymore but it was. I love a good challenge so talk to ya later.

 

[vinylweatherman]

I contacted an old friend in the gambling world about 2 weeks ago and he came up with nothing. Also contacted a person at another forum requesting where he/she got their information since they posted another EWE funds were seized post and they sent me links to the same old, same old. I check a couple other places weekly and there is nothing to add.

No official source (EWE, US Government, etc.) so it appears to be just some word of mouth thing. Where's the proof that anything, especially seizure, exists? Very frustrating...

If it's not a seizure, then WHY the inability to close out customers' accounts and send them the money, and THEN leave the market.

Something has happened which has resulted in there being no money at EWX. A seizure would at least show that EWX did nothing wrong, but the current situation looks like they may have just absconded with the money, since there is no official record of this alleged seizure.

It's clearly NOT just "technical problems", since the casinos have dropped EWX like the proverbial "hot potato".

The problem is that the longer this goes on, the colder the money trail will be, and the harder it will be to track down the money.


It's also possible that EWX was "tipped off" in time to move the funds out of reach of the DoJ, and they have seized an empty account. This would still leave them with no ability to process anything, but they may think a period "in hiding" will save them. It's not just players' money at risk, EWX's own funds would have been targeted as well.


I just wonder how long they can keep this up before the truth comes out, and fingers of blame get pointed.

 

[felicie]

The casinos dropping them like hot potatoes certainly makes it seem like a federal type issue but all this secrecy

 

[anniemac]

I don't use EWX and never have but all this smells to high heaven.

I, too, have checked around one the web and didn't find anything other than the gambling forum stuff.

I want to know why the casinos are being so closed mouth about what is going on. It's no skin off their nose whether EWX got seized or somebody just ran off with the funds. Unless, the casinos were alerted by EWX and got their money out and the players are left up a creek without a paddle.

Something is so wrong with all of this.

 

[SlotsLover]

casino losses at EWX

Do we not think that many casinos may have had a lot of funds at EWX that is now tied up, leading potentially to some of the delays that players have recently been experiencing?

I too am very surprised the casinos have not said something. They paid out many players through EWX and may have had a large proportion of their money in EWX at the time of its "freezing."

 

[vinylweatherman]

Do we not think that many casinos may have had a lot of funds at EWX that is now tied up, leading potentially to some of the delays that players have recently been experiencing?

I too am very surprised the casinos have not said something. They paid out many players through EWX and may have had a large proportion of their money in EWX at the time of its "freezing."

Yet they are prepared to take all the blame for this when players accuse the CASINOS of being rogue for all these payment delays. Why DON'T they just say that EWX has a large chunk of their funds, and that they are in the same helpless position as the players who had funds trapped there.

So far, they are collaborating with EWX in the cover up, and are ALSO playing down the whole thing as merely a "business decision" to no longer list EWX as a deposit option because of the "technical difficulties" players have had in actually using it.

Now that they have dropped EWX, as far as players are concerned EWX is out of the picture, and any subsequent payment delays are all to do with the processing they have in place NOW.

Rushmore have joined EWX in having "technical issues" that last for WEEKS on end that have prevented ALL methods of paying players, be they electronic or manually writing a cheque.
The only "technical issue" that prevents someone from writing a cheque is running out of ink, or losing the pen.......

.....or not having money in the bank

We players are not as stupid as they think we are. Is there ANYONE left who still believes EWX merely have "technical issues", or that a "major system failure" takes over a MONTH to fix.

Takes me 5 MINUTES to fix a "major software failure" on my PC, and if these was a real catastrophy, a trip down to PC world would have me running again in a couple of DAYS if it was IMPORTANT enough for me to be up & running, and it IS that "important" for Rushmore to be "up & running" in order to demonstrate that they can still survive, and that players can be confident in spending their money there.

If the Rushmore problem IS down to EWX, it seems Rushmore would rather GO BUST than drop EWX in the proverbial to take the heat away from them.

It seems EWX has "operators by the b***s" somehow, and they will "die" rather than tell.

PLAYERS who have thousands stuck in EWX by contrast are making sure this gets MAXIMUM PUBLICITY, rather than keeping quiet in the hope that EWX will reward them by giving them their money.

 

[felicie]

Do we not think that many casinos may have had a lot of funds at EWX that is now tied up, leading potentially to some of the delays that players have recently been experiencing?

I too am very surprised the casinos have not said something. They paid out many players through EWX and may have had a large proportion of their money in EWX at the time of its "freezing."

Why would the casinos have big funds at EWX? Players deposit then ewx gives deposit to casino. I wouldn't think the deposits would sit in ewx very long. I imagine the casinos want them pretty quick since player is already using it.

 

[all4greed]

I don't understand why EWE is still going through the motions. I get it for perhaps a couple weeks but if funds are indeed gone, who is paying the employees and other costs? Why not close shop? It's coming up on 2 months now.

No money is coming in with no transactions either way so they are not making a cent. Makes no sense at all.

Those that are not saying much (if anything) about it, must have something to lose or gain by keeping quiet. What else could it be?

 

[all4greed]

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Edited to show what stood out besides the normal stuff. I tried to contact the only thing I saw (me@mcmike.nl) where they got that info, but it bounced back.

Dec. 3

Well, if you’re a USA online gambler who used EwalletXpress, you can no longer use this e-wallet to gamble online. Customers with funds in their account should get their money back soon. The authorities are now meticulously auditing EwalletXpress’s finances, and will claim any and all available funds for customers that used this processing option. This applies for both casino and sportsbook customers, since EwalletXpress offered its services to many different types of online gaming sites. When all is said and done, the only parties left holding the bag will be websites who have now lost thousands, if not millions, in player deposits.

 

[felicie]

Looks pretty quiet around their office. Sorry but I don't know where else to look. Guess we will just have to wait. Hang in there
(address I used for them awhile back)

 

[all4greed]

Thanks. I was expecting an angry mob in that pic, very disappointing.:machinegu

 

[felicie]

Thanks. I was expecting an angry mob in that pic, very disappointing.:machinegu

Well I don't know how recent a picture it is and the UPS guy wouldn't tell me if they'd had trouble delivering packages there or not recently. and those guys are suppose to be so helpful.