NETELLER FACTS FROM WALL ST
 

after using this site for months and never posting I decided that I just had to in order to put all the rumors aside. As for my credentials, i work for morgan stanley in the emerging markets division based out of NYC. TO start, NETELLER is not going out of business, it is not a viable option, nor would it help the two officers who are charged. The problem right now is twofold. First just as if everyone went to the bank at once there isnt enough immediate liquidity available to fulfill all the requests. Second and more importantly the officers at neteller currently are not looking to snub their noses at the government right now. No one is sure exactly how this is going to play out, they are all scared that if they process payouts to the U.S. in light of the recent arrests they will really tick off the goverment. They are working with their lawyers right now to figure out what can and cannot be done. I can provide much more information to anyone who really cares, and also do a lot of banking overseas and can advise you how to setup an account overthere if you really have a large sum you need to get out, feel free to reach me at [email protected] or on aol instant messenger at "venturecapkid" thanks and good luck and stop worrying,

Re: NETELLER FACTS FROM WALL ST
 

Idi?

Re: NETELLER FACTS FROM WALL ST
 

Why would they be "snubbing their noses" at the US by paying US citizens? This makes no sense.

Re: NETELLER FACTS FROM WALL ST
 

well lets see, this is why I get so aggravated, if they conduct any type of business that the US says is illegal they would be engaging in further criminal activity after an indictment has already been announced, please use your head, just like selling marijuana after it was outlawed, not illegal prior but once it is you are hit

Re: NETELLER FACTS FROM WALL ST
 

^IM WITH RELIABLE SOURCE

Re: NETELLER FACTS FROM WALL ST
 

I do not have any where near the knowledge you do but what you say seems to make alot of sense. I can see how and why it is playing out exactly as you describe. Good post.

Re: NETELLER FACTS FROM WALL ST
 

with probably 400 000 or so active us neteller users, neteller could hold that money hostage in retaliation to the illegal detention of the neteller founders in the us. if those that are owed money decided to call the doj, their congressmen and senator every day, mabye something would change.

Re: NETELLER FACTS FROM WALL ST
 

[ QUOTE ]
well lets see, this is why I get so aggravated, if they conduct any type of business that the US says is illegal they would be engaging in further criminal activity after an indictment has already been announced, please use your head, just like selling marijuana after it was outlawed, not illegal prior but once it is you are hit

[/ QUOTE ]

Wouldn't they be committing another crime by failing to pay that would yield conseqences equal to or greater than the ones their worried about, i.e. fraud? Again, the logic behind that part of your post is flawed.

Re: NETELLER FACTS FROM WALL ST
 

>> if you really have a large sum you need to get out, feel free to reach me at [email protected] or on aol instant messenger

I smell a bluff

Re: NETELLER FACTS FROM WALL ST
 

No, not at all. You really think the DOJ give's a rat's arse about getting money back to 'gambling' Americans? PLEAZZZE. They couldn't care less if we ever got our $ back from Neteller or not. Whoever is truly behind the new laws (guesses: big US casinos?, crazy right-wingers?) just want to shut the channels to online gaming off and if current US online gamblers loose $$$...I'm sure the rulers that be would say we deserve it. I believe the OP's (whether he is who he says he is or not) opinion is exactly the case. Just MHO.
-RJ

Re: NETELLER FACTS FROM WALL ST
 

Then why did they continue to allow americans to fund their debit cards that go through an american bank? Obviously, they put a stop to that too, but not at first.

Re: NETELLER FACTS FROM WALL ST
 

I don't think you read/understan the OP or my response. There is nothing inconsistent with OP's premise and Neteller recently allowing withrdrawals via the ATM card. Neteller was/in not trying to screw US customers. They are simply caught right in the crosshairs of our Gov's rampage. They have beeen made victims, and now in return their US customers are as well.
-RJ

Re: NETELLER FACTS FROM WALL ST
 

[ QUOTE ]
with probably 400 000 or so active us neteller users, neteller could hold that money hostage in retaliation to the illegal detention of the neteller founders in the us. if those that are owed money decided to call the doj, their congressmen and senator every day, mabye something would change.

[/ QUOTE ]

Problem is that unlike USA government neteller actually has to obey both their local and international laws. So they can not keep money of innocent USA citizens when USA government is breaking laws.

Re: NETELLER FACTS FROM WALL ST
 

Right, Morgan Stanley sent you to assuage the litle poker players and also to offer methods to set up overseas accounts. You're a malicious idiot.Anyone believe this crap? Give us your MS office number and we'll call you to set up our overseas account. I'll bet they're just waiting for us to become customers.

carlo

Re: NETELLER FACTS FROM WALL ST
 

that reply shows just how little you know, they are not committing a crime by delaying giving you your money, the same as if you went to the bank and asked for 2 million in cash and they told you that you would have to wait until tommorow, my credentials speak for themselves I will be happy to go toe to toe with anyone on here and the bottom line is NETELLER IS publically traded and although not on the any of the us eschanges is still subject to certain guidlines, also think for a second, the owners of the major sportsbooks overseas are not stupid people, why would a merchant continue to take neteller overseas if they were not getting their funds, the certainly have a lot more at stake then all of us they would just bail and cut bait , not stick with them and contiue to pay out and not get there money

Re: NETELLER FACTS FROM WALL ST
 

[ QUOTE ]
that reply shows just how little you know, they are not committing a crime by delaying giving you your money, the same as if you went to the bank and asked for 2 million in cash and they told you that you would have to wait until tommorow, my credentials speak for themselves I will be happy to go toe to toe with anyone on here and the bottom line is NETELLER IS publically traded and although not on the any of the us eschanges is still subject to certain guidlines, also think for a second, the owners of the major sportsbooks overseas are not stupid people, why would a merchant continue to take neteller overseas if they were not getting their funds, the certainly have a lot more at stake then all of us they would just bail and cut bait , not stick with them and contiue to pay out and not get there money

[/ QUOTE ]

However, none of that vouches for YOUR credibility...

If you are trying to drum up business, then what you've posted is spam... and possibly a scam.

If you have a useful thought on the subject, then just post it here... that's what the forums are for...

Re: NETELLER FACTS FROM WALL ST
 

[ QUOTE ]
So they can not keep money of innocent USA citizens when USA government is breaking laws.


[/ QUOTE ]

Really, I just hope they shut down the Guatanomo Bay facility before they start rounding up poker players.

Re: NETELLER FACTS FROM WALL ST
 

it makes sense that now that they are taking away our ability to wager online that the brokerage houses are going to be the big winners. The problem gamblers are going to have to go back to playing the stock market (a much more "rigged" game than poker ever was)

What worries me is not a single person has a reasonable excuse for why neteller is not paying people.

I am not one of those "the sky is falling" people who think that neteller is going to steal everyone's money ....... but ..... they might as well.... no way they can ever do business in the US again, not because of the DOJ, but because who in their right mind would do business with them again?? If it was a priority for them to get us our money they would do it. But they are trying to squeeze every last dollar they can by leaving withdrawal options where they got paid their percentage open. If this was not the case do you still think they would let peer to peer transfers still work.

Re: NETELLER FACTS FROM WALL ST
 

[ QUOTE ]
What worries me is not a single person has a reasonable excuse for why neteller is not paying people.

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Let's see. Neteller is dependent upon EFT which they now can't use. They normally process less than $5m a day (using EFT) and now you expect them to pay out circa $200m in a couple of days via check.

They don't have the setup to produce and send this many checks, they have there own mirror (small) problem which is they have let people pass funds to sites and not received the cash via EFT so need to know what people's real balance is before sending out checks and the money is invested they don't have immediate access to $200m but can get access to it given time.

It's not just reasonable it is pretty much inevitable that there will be delays paying out.

Re: NETELLER FACTS FROM WALL ST
 

If I were one of Neteller's lawyers, I'd tell them to 3 bet and fold to a cap... but I don't know much about this stuff.

Re: NETELLER FACTS FROM WALL ST
 

Yeah. And and....there's this dude in Nigeria ya may wanna talk to as well. He's getting me millions.

FWIW Mr. IHaveCredentials, your language usage alone indicates little more than a HS diploma. I kinda figured ya'd need at least an AA to get hired at most firms.

Though I'd tend to agree that Neteller is probably more afraid than anything.

Why the DoJ wouldn't care that mucho $$$ have been removed from the US Economy makes zero sense to me but neither does much else these days.