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Old 02-08-2007, 06:14 PM
Nate tha\\\' Great Nate tha\\\' Great is offline
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Join Date: Sep 2003
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Default Re: Neteller Update...

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But why would NT (1) agree to pay huge fines, or (2) accede to resignation demands, originating from the American government, when it is not an American company?

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Under this scenario, they're not agreeing to anything. They're getting sued by the US government.

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Re (5), the FSA is a British government entity, right?

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Correct.

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in charge of regulating financial institutions? I can see them agreeing to look into Neteller at USAO's urging, but not simply revoking licenses just because the Americans say so.

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Well, I don't know. But I think an affirmative finding that 80-90% of Neteller's business stemmed from activity that was determined to be illegal would not go over too well with them.
 


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