Dear Perfect Money Customers, This is to address the "information" that Sportarbs has been spreading lately. Perfect Money has terminated the Sportarbs account due to an obvious fraudulent scheme utilized by Sportarbs. While the account of Sportarbs once had a significant balance; its own customers remained unpaid. Slightly later, the funds have been withdrawn to a bank account. All of this happened before the Sportarbs account has been blocked. Perfect Money has blocked the account once it was clear that Sportarbs are withdrawing the funds to their own bank account, instead of paying to the customers. This company knew about their obligations to the clients, yet they chose to avoid paying. At this point the account of Sportarbs is empty (Please see below), as almost all the funds have been withdrawn a month prior to the account termination. The reason for termination of the account is to prevent you from transferring funds to Sportarbs, and as a result, losing funds. You can see that there is no balance at that account that could be used by SportArbs to make a refund. Perfect Money Finance Corp. has fulfilled all of its obligations before Sportarbs. All Sportarbs's bank transfer withdrawal requests have been fulfilled and there is no outstanding obligations to Sportarbs on our part. Sportarbs's bank account: Sportarbs International Corporation Corner Eyre and Hutson St. Suite 102 Belize City, Belize Bank account number: CY18011000121325000919619115 USB Bank PLC (SWIFT:UNVKCY2N) Nicosia Cyprus Sportarbs's Perfect Money account: https://perfectmoney.com/public_view.html?id=923423 The purpose of "information" that is being spread by Sportarbs is to avoid responsibility for its own actions, or more precisely, inaction. At the same time, we at Perfect Money, have taken all possible measures to minimize your losses. We recommend you to contact authorities as soon as possible on this matter. Perfect Money will assist the international and national law enforcement agencies to bring this matter to justice. About SportArbs operations: Sportarbs is a classic Ponzi scheme. A Ponzi scheme is a fraudulent investment operation that pays returns to investors from money paid by subsequent investors, rather than from any actual profit earned. This kind of schemes are bound to collapse sooner or later as they constantly require new investors to pay the profits for the previous ones. This collapse is happening now. Why is SportArbs a ponzi scheme: - New deposits were used to pay for the old ones (obvious from the behavior on the account) - No deposits of profit from Sportarbs. - Unrealistic profits - Numerous complaints received from unpaid investors while Sportarbs account was active. Sportarbs will surely try to point the blame at anyone without providing evidence and details in regard to their statements. This is in line with behavior of a Ponzi scheme operator. The bottom line here is that Sportarbs are in possession of your money, you have made deposits to their account and they are responsible to refund you upon your request. Perfect Money is a payment system. Online Payments is our business. Should we receive a deposit from Sportarbs the money will be transferred to your accounts immediately. Obviously there is no such thing as "Stabilization Fund" in our possession, just as I strongly doubt that there is such fund at all. It looks like Sportarbs intend to continue attracting new funds and new clients. Chances that they will fulfill their obligations are illusionary at best, particularly before the new clients. Please be careful. Copy of this official statement is available at http://perfectmoney.com/official_sportarbs.txt Best Regards, -- Perfect Money Finance Corp. Republic of Panama Company No. 596918 License No. 1267339-1-596918-2008-105548 Edif. Neptuno, Local #7 Via Ricardo J Alfaro, Tumba Muerto Ciudad de Panama Republica de Panama Tel: +(507) 202-1553 Fax: +(507) 996-3177 (C) 2007-2010 Perfect Money Finance Corp. All rights reserved.