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Old 02-15-2007, 12:03 PM
JPFisher55 JPFisher55 is offline
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Join Date: Jun 2006
Posts: 963
Default Re: Neteller Update...

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My initial (admittedly uninformed) reaction is that this is that maybe they realize that they might lose this battle in court. If this case was a slam dunk, it seems like it would be easy to decide WHETHER TO INDICT them. Also, it says $55M is frozen, affecting thousands of customers. This implies they have only frozen the money that was stuck in transit on those couple days and don't have plans for the other money still in Neteller accounts. Or am I missing something?

Jeff

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I completely agree with you. The delay may be to maximize the damage of the arrests of the Neteller founders without having to test the legal basis of the complaint in court.
It could be that negotiations over a plea deal are occurring, but why would such negotations delay the indictment?