Neteller Arrests

[BluffTHIS!]

Wynton,

Your supposition makes a lot of sense. David Carruthers after all was also charged with tax evasion and mail fraud. People in the industry have exposed themselves over time it seems to many more possible legal consequences than just the most obvious ones.

[BluffTHIS!]

Wynton,

Your supposition makes a lot of sense. David Carruthers after all was also charged with tax evasion and mail fraud. People in the industry have, it seems, exposed themselves over time to many more possible legal consequences than just the most obvious ones.

[1p0kerboy]

You can say that again.

[1-Lucky-SOB]

[ QUOTE ]
[ QUOTE ]
LeFevre, a former hippie, started the hugely successful company with Steve Lawrence in 1999 but retired in 2002 in Costa Rica. Less is known of Lawrence.

[/ QUOTE ]

Once a hippie, always a hippie.

[/ QUOTE ]

Former Hippie > Money Launderer > Terrorist > Possible Al Queda > Guantanamo (sp?)


-1

[Wynton]

Egaming is reporting that the US Attorney for the Southern District of NY will be making an announcement soon regarding these arrests.

[otctrader]

Let the pimple come to a head, let the DOJ declare war against Neteller; being the backbone of the industry, it's coming sooner or later even if this round of charges is just some trumped up state affair.

Otherwise the we'll continue this cycle of chicken littles coming out of their holes every 3 months along with wannabe "insiders" speculating on news from dubious sources. It's bad for the games, it's bad for public confidence, and to any pro-gambler understands this cycle of uncertainty hurts their long-term income stream much more than the risk of losing the few thousand dollars sitting in a Neteller account.

Regarding large balances in Neteller, this is a good wake up call for reasons unrelated to the pending charges. Your money should be in an interest bearing account - after all, it's only a day or two (or less) from being transferred to a gaming site, especially so for those who use sites that pay the Instacash vig. While zapping money around to 50 different sites a week to bonus whore was important 2 years ago, it's not viable anymore. Use Neteller as a transfer service, not a bank.

[MiltonFriedman]

The office of the US attorney in New York, southern district, has confirmed they will be issuing a press release at 5.45 UK time regarding the arrests on Monday of former Neteller directors Stephen Lawrence and John Lefebvre.

The spokesperson would not comment any further other than to confirm this is a Federal matter rather than a state matter. Egaming Review will update as soon as the statement is issued.

---- from ergamingnews

[Austiger]

Don't know how I ended up in this thread.

[1p0kerboy]

[ QUOTE ]
The office of the US attorney in New York, southern district, has confirmed they will be issuing a press release at 5.45 UK time regarding the arrests on Monday of former Neteller directors Stephen Lawrence and John Lefebvre.

[/ QUOTE ]

Source?
Edited to add you listed the source.

Also can you translate that into EST?

[latefordinner]

I believe he said the source was ergamingnews

London is 5 hours ahead of EST so it is already 7 pm there.