Fake Online Gambling Payment Processing Company Shuts Down

Linwood Payment Solutions

A company set up for the primary purpose of going after online gambling websites for violating US law has now shut its doors, but not before leaving a message on its website.

Linwood Payment Solutions was set up as a sting operation two years ago.  Ten online gambling sites were seized as a result of the operative.

Linwood Payment Solutions is a Department of Homeland Security Undercover Business set up to identify and prosecute companies accepting and paying out funds for U.S. customers who gamble online illegally.

If you have questions regarding funds withdrawn from your bank account for gambling purposes contact the online gambling company you provided your banking information to.

The message could be a way of preventing chargebacks from customers who see the Linwood Payment Solutions name on their bank statement.

- Gambling911.com Staff

Submitted by C Costigan on Tue, 05/24/2011 - 21:39
Tags: 

Comments

Re: Fake Online Gambling Payment Processing Company Shuts Down

Wed, 05/25/2011 - 12:39 — Guest
Fuck the US - everyone with a charge by Linwood Payment Solutions should immediatly charge back. That would be the funniest thing ever. Basically if this happened then all this effort these guys poured into going after us gamblers would cost them a fortune to run for two years and in the end they would net absolutely nothing. Fuck them and fuck them hard. If you have a charge from Linwood CHARGEBACK!!!

Re: Fake Online Gambling Payment Processing Company Shuts Down

Mon, 05/30/2011 - 20:04 — Guest
I have never heard of Linwood. I began searching for the name of the fake processing site because I was worried it was eCheckUS. Something about that one never felt right to me. First they required a lot of info to open an account. More than just the usual stuff, like city of birth and social security number. Then they had a desktop application that was optional but soon became mandatory to interact with the wallet. Finally they vanished the very day after adding a mouse pen to their transactions that required you to "sign" your name. I am just waiting to hear they were a DOJ entity also.