It is a well-known fact that financial fraud generates huge costs for the average US citizen, but are you aware of the true cost and the impact fraud has on the US economy? The truth is shocking. For every $1.00 of fraudulent transactions costs the average merchant $2.50! The cost is not paid by the holding bank or the payment processor, but spread across merchants over the US as a whole. This is why the merchant assumes the lion’s share of the cost, but they have to also pass that cost on. Who do merchants pass the cost on to? They pass it on to the consumer of course!
Some 15.4 Million consumers were victims of fraud in the United States last year. Fraudulent transactions using payment processors over the phone or online activities showed an increase of an incredible 40% compared to 2015. In total, fraudulent transactions accounted for an incredible $16 Billion in 2016 alone, up from $15 Billion the year before. Consumers in the US, even if not directly affected by these Jonathan Dardashti payment processing scams, paid the whole amount. The average cost per direct victim of online fraud was over $1000.
When it comes to Jonathan Dardashti, we have seen that he has been heavily into Payment processing over the last 5 years. He has had Payment processing companies registered all over the world. They form part of his stable of multiple businesses that he has set up with various directors and multiple partners; most of them registered in his hometown of Miami, FL. It has been discussed at length on this site and has seen it discussed on other sites why this could be. His history of charges for money laundering as well as multiple investigations by the IRS is a matter of record with the relevant authorities.
It is impossible to say with any degree of authority whether David Dardashti is running payment processing companies as a way to launder money from his Ibogaine scam or if it is genuinely an excellent, well run business. What is at question is whether his business partners or employees know how he makes his money or about his and his family’s history of brushes with the law. Would you want to be in business with someone who owns an illegal, unlicensed clinic in Mexico that has been closed down by the authorities twice before? Would you trust them with your money?
This is the judgment call that consumers have to make when they are using payment systems and financial transactions in a world where fraud is rife.