Lancaster ATM company lays off staff and closes. Pa. Turnpike’s machines reopen.

Paramount-Management-Group-Atms-Turnpike-Commissio Nyheter

Lancaster ATM company lays off staff and closes. Pa. Turnpike’s machines reopen.
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The turnpike commission said in a statement that lawyers for the investors “have contracted with a new cash supplier” who recently refilled the 23 ATMs at 17 highway rest areas.

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The Pennsylvania Turnpike is one of the clients of the Paramount Management Group, the troubled Lancaster automated teller machine company.financed by more than 2,700 individual investors, including Plain business owners in its home county, has laid off all staff and shut down, according to former employees and investors.Paramount president Steve Gernes that they were out of a job. The company employed around 50, according to Jorge Fernandez, a former Paramount chief development officer.

Heller, who built a constellation of cash machine, crypto, cannabis, food, and hunting-related businesses, faces financial claims from lenders or investors in at least three states. Revenues from the rest stop machines fell more than two-thirds since the turnpike stopped accepting cash tolls during the COVID pandemic, state records show.

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