A persons billing information is no safer just because Nord’s parent is incorporated in Panama. ![]() They are giving people legal advise that is completely incorrect. Moving on to why they are misleading users and need to be called out: They tell people they are more secure because they are based in Panama, all safely tucked away “offshore”. (Who just happens to run a bunch of other VPNs). WHY, would anyone trust their privacy to a company who’s owner wishes to remain anonymous, and outsources 100% of it’s daily operations, accounting, billing, software dev, and marketing to a company in Lithuania. ![]() They’ll provide a local address, resident agent, nominee directors, and power of attorney to the person in control so they can pull the strings behind the mask of a panama corporation. – the entity that owns Nord trademarks.Īnyone, literally ANYONE, with $1500 can open a shady anonymous Panama company in just a few days. There is NO information on Tefincom co S.A. The official “Owner” of NordVPN such as the domains and trademarks, have gone through great lengths to disguise their identity by registering the entity in Panama. They are not securely offshore (It doesn’t matter what their management says), and Lithuania is one of the worst countries for privacy and data retention laws. Just admit that the majority of your operations are based out of Lithuania. NordVPN if you want us to take down anything here, TELL PEOPLE THE TRUTH. ![]() And, because they are being so dishonest, and choosing not to address it in public, it should make people wonder what else they are hiding. That whole offshore thing is a lie, and they have no clue about international law.īut the big problem here is, Nord is dishonest! This is the big issue. Suffice to say, NordVPN is fully operated out of Lithuania and Lithuanians own the company that processes all customer billing info. ![]() CloudVPN INC, their payment processor, is based out of Lithuania, and there are clear ties to Tesonet. The real problem with NordVPN is they claim to be offshore and "securely based in Panama." But I don’t believe that.
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