This article is an orphan, as few or no other articles link to it. Please introduce links to this page from related articles; suggestions are available. (December 2009)

GreenZap, Inc.

Key people	Damon Westmoreland
Industry	Finance
Website	http://www.greenzap.com/

GreenZap was an online buying and spending account service that claimed to compete with PayPal. GreenZap launched on April 2, 2005 and allowed members to send and receive money online, through their email address. The ultimate beneficial owner of GreenZap was reported to be Damon Westmoreland, who was reportedly associated with ThePayline.com,^[1] a widespread Internet financial pyramid.^[2] Another report stated that the ownership of GreenZap was unclear because the company was not registered to do business in California, where its mailing address was located in a postal box within a grocery store, and because the company's official phone number was a mobile phone.^[3]

[edit] Current status

The site is no longer operational. The website simply has a placeholder as of March 2009 with the word "GREENZAP".

[edit] References

1. ^ Platinax, Greenzap claims it's not a scam, Feb 14, 2007
2. ^ security.itworld.com, Postal authorities seize ThePayLine.com cash flow, April 2, 2001
3. ^ Yahoo! News, Free money? We think not, October 14, 2006