Report: #1025783

Complaint Review: SCAM - Reviews (VeriPayment - Derbala Hish)

  • Submitted: Fri, March 08, 2013
  • Updated: Fri, March 08, 2013
  • Reported By: phking — USA Costa Rica
  • SCAM - Reviews (VeriPayment - Derbala Hish)
    38-11 Place Du Commerce #216, Quebec, CANADA
    United States of America SCAM - Reviews ,VeriPayment - Derbala Hish, Veripayment,, veripayment review, veripayment reviews, derbala hish SCAM, ripoff, never paid , Internet

Show customers why they should trust your business over your competitors... is a SCAM payment processing company - they open a merchant account for your (Charge from $300-$1000 for that) you start process and after 6 month when you have enough Rolling Reserve and unpaid transaction they will close your account and NEVER pay to you again. That is their tactic that they used on us and several other merchants.

They own  us over $150K and never paid and will never do this.

All their contact information is FAKE - there is no any company in that addresses:
38-11 Place Du Commerce #216
Ile des Soeurs, Quebec

SIA Veripayment
Krustpils iela 14
Riga, Latvia
LV-1057, LTD
38-11 Place Du Commerce #216
Ile des Soeurs, Quebec

There is no any real data regarding their real location - neither their Phone Number - they use Phone: 1-866-972-8765 or 1-866-923-7273 as a redirect.

The company owner: DERBALA HISH and his Secretary BELANGER NADIA are not officially living in Canada, Latvia or UK as they state.

Lets begin the story: I found them in late 2009 when we had several internet projects and we were needing a payment solution for our clients, definetely there rates were not so cheap but their sales agent ZANE convinced me that they are the "real" company with over 7 years in the market - and taking in consideration that they was "located" and "controlled" by Canadian Government it appear to be a Real Deal.

Anyway we have started to process and guess what - after 3 month they have started to get problems with their processing bank (first it was a bank located in panama - Multibank I guess) and they have changed it to another one in Latvia - some of the last processed transactions with Panamian bank has been never paid. Then after 3 more month a problem with a Latvian bank too - finally we had an UNPAID transactions + Rolling reserve of over $150.000 in total

Nice Picture, eh? The coincidence or well planned scam? I vote for the second option! Exactly after 6 month when we had to receive our rolling reserve our account is blocked and all payouts are stopped.

To make a long story short: we made an official claim with Canadian and Latvian Lawyers and there is no any company located in the below addresses. All emails they use has an Anonymous PROXY so its impossible to identify where are they located.

Finally they have never paid that money to us and not answer email and phone. Our lawyers couldnt even verify where are they located to Sue Them because the Registered companies used has no any property nor phisical address. DERBALA and BELANGER NADIA are real scammers!

That is the tactic of all Scammers:
a) they never show you where they are located so you cant find them
b) You never meet the company owner and never meet their employees (phisically)
c) All emails are Anonymous (coincedence?)
d) They never send you any official contract (why? because you can trace from where it was sent_
e) High Rolling reserve (10%)
f) Late Payouts (you will find many reason why you got a late payout - vacations, problems with a bank, etc...).
g) When you have enough money on your account (usually after 6 month) they will start getting problems and close is down.
h) No emails replies, no phone calls

Beware !!!
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This report was posted on Ripoff Report on 03/08/2013 05:35 PM and is a permanent record located here: The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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