Who is Jas Mathur? A successful entrepreneur? An Instagram influencer? A celebrity? According to his LinkedIn profile, Jaspreet “Jas” Mathur is an accomplished Canadian entrepreneur, venture capitalist, and innovator of Indian descent. Jas Mathur is apparently also a brand builder and Instagram influencer. According to our information, he generates a substantial part of his income as a high-risk payment processor.
Jas Mathur has been the CEO and beneficial owner of the online marketing agencies Emblaze ONE Inc. and Limitless Performance Inc. or Limitless X Inc. (website) d/b/a limitlessX. On Instagram, limitlessX has 8.3 million followers and is evidently focused on presenting Jas Mathur and his lavish lifestyle. Via Limitless X, Mathur also launched the CBD brand Smilz (website).
According to several sources on the Internet and our whistleblower information, Jas Mathur is also acting as a high-risk payment processor and merchant service provider. He allegedly uses his US companies to get merchant accounts from banks and PSPs, which he also uses to process payments for illegal schemes and merchants. Allegedly, Jas Mathur frequently freezes the money of his merchants and uses it to finance his lifestyle. As the merchants are involved in illicit activities they can hardly complain. We already know this business approach from many other high-risk payment processors.
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