Usacomplaints.com » Shops, Products, Services » Complaint / Review: Process America & Craig Rickard - Process America Merchant Services Scam. #838569

Complaint / Review
Process America & Craig Rickard
Process America Merchant Services Scam

Process America is a registered ISO of MERRICK BANK, PREVIOUS HARRIS BANK they are running a fraudulent enterprise, The scam consists of placing a 20% reserve for any credit card transation to cover potential losses for high risk business, but if for any reason your business is shut down they must by the credit card association rules release those
funds after 9 months of the account closure., but in process america's case they wont release a penny, it seems that CRAIG RICKARD is living a lavish life style off his closed EX CLIENT'S account's reserve.
Apparently processing credit cards is not CRAIG RICKARD main business, obviously stealing his client's reserve is more profitable. At this point several EX angry clients are filling a class action lawsuit against CYNERGY DATA and PROCESS AMERICA to recover the stolen money tjhat CRAIG RICKARD collected over the years. Some clients went even
further they are seeking the FTC help to assist them against PROCESS AMERICA DECEPTIVE BUSINESS PRACTICE.



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