News:PayPal has frozen whole balance of Cashium

The following message appeared today at Cashium.net:

We have a bigger problem, PayPal has frozen whole balance of Cashium and after a phone call I was told they would not give it back before 90 days. Yes, that's not fair but I could not persuade them. When I teld the agent 'this means the end of our business' all she told me is sorry.

We have never had any suspicious activity and we have made all refunds and we have always kept enough balance for possible refunds.

I can hear 'scam' exclamations, trust me I have worked for Cashium round the clock and always regarded members benefecations, at this point everything has turned into a nightmare that I can not handle.

Even though I'll be called a scammer, I'm set at ease since I have strained every nerve. I'm asking members who deposited so far to open disputes. Honestly my biggest mistake was using PayPal service. What a shame, I have always been told they would be happy to use their service.

What is next? In my opinion a new management would be beneficial for both members and me. I'll make my best to protect the investor rights.

There is no information of what Cashium admin is going to do, Cashium is moved to suspect sites list now.