Liberty Reserve is a weakest component of your business!
Liberty Reserve API was hacked, clients money was stolen. Don't use LR! Protect your business!
Kutt jäi ilma u. 579 tuh. Eesti kroonist. Valus laks.. 8)Liberty Reserve appeared to be scammers. LR accounts are hacked, we do not work with LR anymore!
On February 2003 we found 47, 000 USD missing from your account in Liberty Reserve.
Here is the screenshot of our account.
We have contacted LR but during the first two days we received only the replies of support service which were more like the responses of the bots rather than the replies of the human beings. All the messages contained one and the same information: LR does not bear any responsibility for the money stolen from users’ accounts!
In two days after we found our funds missing we were introduced to some Eric Paltz who has allegedly a person from “Business department”. During the following two days that person was dealing with our problem trying to understand how that could happen though no certain information was disclosed to us.
Correspondence history http://www.trainexservice.com/libertyfraudlogs
Also he refused to return us the money that we have managed to block those days.
Then he stopped replying our messages. Probably he learned that the system had been breached and money from clients’ accounts disappeared due to the bugs in Liberty Reserve’s API system. Later on talkgold forum some person posted the information that LR has been hacked and put the approximate amounts stolen. Besides Trainex there were lots of people who have lost large amounts and suffered great losses. The proofs they provided showed the direct evidences of Liberty Reserve system breach.
We have sent a letter to Liberty Reserve with a suggestion to refund the money stolen through no fault of the people suffered, since we thought that it would be the best solution. We added that otherwise we would stop any operations with this system.
In two days Liberty Reserve have posted an update in their blog and announced that that trainexservice.com along with other exchange services that suffered from LR breach is scam and fraud service.
Thought here we would like to note that Trainex worked with Liberty Reserve system from the very day it has been launched. It won’t be an exaggeration if we say that the exchange transaction volumes of Trainex were among the highest ones in Liberty Reserve and it was Liberty Reserve that was recommending using our service on its homepage considering us to be a reliable partner for making exchanges.
And now, as it became known that the simplest way out for Liberty Reserve was to announce the clients (including the exchangers) suffered from that breach scammers, and to deprive them of any reimbursement.
In addition they have stated that one shouldn’t exchange LR with exchangers listed. Though it was silly of them since neither we nor any service listed would make the exchanges anymore.
People living in Ukraine and using the offshore law and their location in Costa Rica as a cover behaved not like the scammers but like the people who live without any principles and knowledge of the business ethics, and who don’t know the meaning of such word as “trust”. And it is trust that underlies the Internet business.
It doesn’t matter whether those people standing behind LR locate in Ukraine or Costa Rica. The important issue is that they look with arrogance at the people who were robbed of their money. It is important to note that alike any business the Internet commerce is built on the generally recognized principles of decency and morality, and the total neglect of those principles by Liberty Reserve resulted in the situation when lots of people have lost their money and they will never enter http://www.libertyreserve.com in the address line of their browser anymore!
When writing the current message we have received a message from the so-called Eric Paltz who wrote us from the so-called Costa Rica. From his message we learnt that he happened to help us (by throwing dust in our eyes and then keeping mum for several days), and after our request to recover our money he announced us scam and fraud.
Everyone should admit his or her mistake but not to try to correct them by blaming the people suffered.
Who is the scam and the fraud service will judge the Internet society. According to Liberty Reserve it was our fault. Moreover it was said that the exchangers which have a long experience and understanding what the IT security is, were simply attacked by the phishers. But it is a nonsense! We understand that a single instance can be a result of the phishing attack. But it is impossible to imagine that a group of people and companies have lost their money at the same time due to the phishing attacks.
Trainex hopes that the Internet society will draw the right conclusions from this situation. We sincerely hope for the support of all the Internet users and our clients for the sake of whom we successfully operate during 5 years!