Did they know? Israel-U.S. startup linked to Dubai hit, Police claim 13 suspects in the assassination of Hamas use cards issued by Tel Aviv-based firm

By TheMarker Correspondent and AP , By Guy Griml

Employees at the Payoneer are still trying to understand what hit them: the Israeli startup company has faced a wave of unwanted publicity after Dubai police claimed that suspects in the assassination of Hamas commander Mahmoud al-Mabhouh used its credit card technology.

Payoneer provides prepaid credit cards, which means holders can fill them with money and use them, without the card being tied to a standard bank account. Thirteen of the 27 suspects used prepaid MasterCards issued by MetaBank, a regional American bank, in order to purchase plane tickets and book hotel rooms, said the Dubai police. The police then tied MetaBank to Payoneer.

It is still not clear how bad the publicity is. One source close to Payoneer said: "All such publicity hurts," but added that customers were unlikely to be deterred from buying the company's products.

Of course, what everyone wants to know is whether Payoneer knew, or even helped. Most people think there is no chance the company had anything to do with the affair, since the Mossad - if the Mossad was indeed responsible for Mabhouh's assassination - does not tend to reveal the details of its secret operations to Israeli startups.

If the hit team actually did use Payoneer technology, as the Dubai police claim, then the suspects bought the credit cards like any other customer would have.

Payoneer is a privately held New York-based company, with a research and development center in Tel Aviv. It has received funding from Greylock Partners, Carmel Ventures and Crossbar Capital, and has raised about $14 million so far. Its last fund-raising round was in July 2008, and the company is considered to be in good financial shape.

American authorities, and the banks named by Dubai, are reported to be cooperating with the Dubai police, including regarding the credit cards.

Complicating matters even more is the fact that Payoneer CEO Yuval Tal was a commentator for Fox News during the Second Lebanon War, and described himself as a former Israeli special operations soldier.

Tal told the Wall Street Journal last week that the company was very surprised by the news, but refused to comment on his service in the IDF.

"We are aware of the news reports," said Mary Kae Marinac, a spokeswoman for Payoneer. "We are cooperating with the bank and the authorities to explore the matter," she added.

http://www.haaretz.com/hasen/spages/1153564.html


Views: 38

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

cheeki kea commented on rlionhearted_3's photo
Thumbnail

2 planes hit buildings then demolition happened.

"That is a very good question. Did the insurance company decline the claim for some reason? or has…"
1 hour ago
cheeki kea commented on Sandy's photo
Thumbnail

FB_IMG_1711502430662

"( sadly ) The unvaccinated sportsman or woman has an ( unfair ) advantage on the field or water…"
1 hour ago
cheeki kea favorited Sandy's photo
2 hours ago
cheeki kea commented on Doc Vega's blog post Was Sabotage or Terrorism used in the Collapse of the Francis Scott Key Bridge?
" Oh Wow Terrorism!/sabotage? Are you sure you want to know more prey tell. Could be a rabbit…"
2 hours ago
Less Prone commented on Doc Vega's blog post Was Sabotage or Terrorism used in the Collapse of the Francis Scott Key Bridge?
"Perfect for destroying the supply chain. It could well have been intentional."
18 hours ago
Less Prone favorited Doc Vega's blog post Was Sabotage or Terrorism used in the Collapse of the Francis Scott Key Bridge?
18 hours ago
Doc Vega posted blog posts
20 hours ago
rlionhearted_3 posted photos
23 hours ago
rlionhearted_3 favorited Doc Vega's photo
23 hours ago
tjdavis posted a video

Alabama’s Biggest Secret - Operation Paperclip 🇺🇸

In the north of Alabama is the city of Huntsville. It's here where German scientists built NASA in secrecy after World War II. Operation Paperclip is still s...
yesterday
tjdavis posted a photo
yesterday
Doc Vega commented on Doc Vega's blog post Americans You’re Being Squeezed Out!
"Cheeki kea always nice to her you chime in and you're damn right! "
yesterday
Doc Vega commented on Doc Vega's blog post Americans You’re Being Squeezed Out!
"Les Prone thanks for your support Dude! "
yesterday
Doc Vega posted a photo

The inconvenient truth

Trump spells it out!
yesterday
Sandy posted a photo
Wednesday
Less Prone favorited Doc Vega's blog post What Made the Founding Fathers of America so Brilliant?
Tuesday
Less Prone commented on Doc Vega's blog post Why didn't the Archeological World Announce Proof that Jesus Lived?
"Motives of Joe, to shit in the well by showing totally irrelevant proof?"
Tuesday
Doc Vega commented on Doc Vega's blog post Why didn't the Archeological World Announce Proof that Jesus Lived?
"Less, Motives of Wyatt or Joe? What archeologist wouldn't want proof of Jesus as part of his…"
Tuesday
Doc Vega commented on Doc Vega's blog post Why didn't the Archeological World Announce Proof that Jesus Lived?
"Less Prone, Considering Joe Rogan to be the gatekeeper of anything is just short of ridiculous the…"
Tuesday
Doc Vega posted a blog post
Tuesday

© 2024   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted