So You're Posting an Inference,
and not any direct knowledge. Cool, so we're both doing the same thing. How much attention do you pay to MLM companies Doc? I've seen dozens of them lose merchant processing accounts and almost none of them admit the real problem to the affiliate force at least until after the real reason comes out.
As to how I got a copy of the email, marketers don't know the first thing about comsec, it's sorta antithetical to their skill set.
I still submit that the closing of their bank account was not their choice. If someone was ripping them off and if the only way to stop it was to close the account they could have validated their currently issued but uncashed checks to avoid any payroll disruption. This of course assumes their bank is still willing to work with them.
That is perhaps not a safe assumption given the mention of soon to be implemented alternatives to how they process payments.
I could very well be wrong, but I doubt it. Kannaway is following the short term grip and rip MLM script closely enough and lying to their affiliates about enough other issues that I have a hard time believing they respect their field force too much to be other than honest with them about this.