The official NETELLER thread. (138 days on.) #2 of 3.
 

Official thread #1 of 3 is here.

Please use this thread for any comments or questions about Neteller.

Obviously, if everything is kept in one place then new readers to the forum can be directed here, where their questions may already have been answered, and duplicate threads can be avoided. This benefits everyone.

Thank you.

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

when was the last time anyone communicated with neteller? I haven't received a response to my emails in over a week. whenever i call their automated voice system tells me they are experiencing delays and hangs up on me.

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

Does anyone know what the 'forensic accountants' are looking for at Neteller? Can we be at risk of anything as users, or are they just looking at Neteller for illegal actions? I have a minimal amount of money still in there, but just want to know what risks I took by previously being a Neteller user. Thanks

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

sorry for the hijack but.. lol?

http://img.photobucket.com/albums/v326/reef/mikelol.jpg

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

NYplayer, its is known that NETeller was screening calls from Americans before shutting them out. Also, they have fired all of thier customer service in North America, which was probably about 90% of their customer service. So I haven't tried to contact them, but given this information I would be surprised if you could effect anything through their CS channels right now.

Mikeg86, they haven't said what the forensic accountants are looking for. The feds appear to be targeting only the financial institutions in all of this. if you paid your taxes I wouldn't worry about a thing.

Mike Haveboobers, won't they change your name back, or do you like it like this?

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

I just called and they said the funds are seized by order of U.S. Attorney and referred me to the the update site. I realized there is no use in getting upset at the customer service representative so I just hanged up.
What are my options now?

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

[ QUOTE ]
I just called and they said the funds are seized by order of U.S. Attorney and referred me to the the update site. I realized there is no use in getting upset at the customer service representative so I just hanged up.
What are my options now?

[/ QUOTE ]

If that is true, it is the first I have heard of them actually admitting that the funds were seized. They hadnt even admitted that the $55 in transit was seized, but I had heard that the remaining funds that were not in transit were not seized. However, I think that neteller has voluntarily frozen the monies which is why we are all stuck waiting.

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

[ QUOTE ]
[ QUOTE ]
I just called and they said the funds are seized by order of U.S. Attorney and referred me to the the update site. I realized there is no use in getting upset at the customer service representative so I just hanged up.
What are my options now?

[/ QUOTE ]

If that is true, it is the first I have heard of them actually admitting that the funds were seized. They hadnt even admitted that the $55 in transit was seized, but I had heard that the remaining funds that were not in transit were not seized. However, I think that neteller has voluntarily frozen the monies which is why we are all stuck waiting.

[/ QUOTE ]

I believe this is correct.

Also although the North American phone line does not seem to be working I was able to speak to someone at neteller VIP through a intl. number.

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

[ QUOTE ]
[ QUOTE ]
I just called and they said the funds are seized by order of U.S. Attorney and referred me to the the update site. I realized there is no use in getting upset at the customer service representative so I just hanged up.
What are my options now?

[/ QUOTE ]

If that is true, it is the first I have heard of them actually admitting that the funds were seized. They hadnt even admitted that the $55 in transit was seized, but I had heard that the remaining funds that were not in transit were not seized. However, I think that neteller has voluntarily frozen the monies which is why we are all stuck waiting.

[/ QUOTE ]

You guys really need to read the February 8th Press Release they put out. (There's a link in the Neteller, etc, sticky, above.)

I've been in touch with Sarah G., twice, since then, the last time on Thursday. She tells me they are still negotiating, but nothing of any consequence has changed. As soon as it does, they will release another statement, immediately.

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

Well, I think the last two posters before Mike had it more less correct. From the press release:

---------
Following upon the complaints dated 16 January 2007, banks in the US began declining to permit transactions involving the Group through accounts maintained at one or more automated clearinghouses in the United States. Additionally, the Group has been advised that the USAO has obtained court-ordered seizure warrants seizing funds pertaining to the Group’s transactions. To the best of the Group’s knowledge, it believes that the amount of funds seized by the USAO or otherwise restricted by third parties does not exceed US$ 55 million. These funds were largely in the process of being transferred from the Group to its US customers or vice versa.
----------

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

[ QUOTE ]
Mike Haveboobers, won't they change your name back, or do you like it like this?

[/ QUOTE ]

There are a number of ?-Boober names around the forums now. (I like, particularly, "MicroBoober".) They stem mainly from the ATF thread.

I'm hoping we might form "Team Boober" and hit some of the big tournies with our designer hats and tee-shirts. As you know, there's nothing like some Boobers to bring interest to a tourney table, even if they're only hanging over the rail. [img]/images/graemlins/grin.gif[/img]

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

The way (discovered via trial and error) to contact them by phone is to call their non-toll-free number. They WILL (eventually) answer this line.

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

But what is the point in calling their customer service line? I've use the livechat and Im sure you get the same non-helpful scripted answers on the phone that I get on livechat.

Has anyone been able to get some useful information here? I have gathered most all of my information from sources besides neteller themselves. Neteller just says that "they are having trouble processing payments". Thats definitely BS, because stars has had no trouble getting payment processors (wells fargo drawn even!) in recent days. I believe that this is simply a case of neteller VOLUNTARILY holding all USA funds.

I've also heard a lot of speculation about what these reports will contain that neteller is preparing for the DoJ. Some say that it is simply transactional to see how much money is moving and to where. Others say that every little bit of personal information is being shared and that doomsday is just around the corner with the IRS waiting in the wings to bring vengence forth.

In the situation of PayPal, the DoJ simply wanted to check how much and where the money was going. No charges were filed against indivduals, and no IRS audits came as a result. PayPal offered up $10M as a settlement and everyone went happily along their way. Though obviously on a much bigger scale, maybe this is what the DoJ is after?

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

[ QUOTE ]
I have gathered most all of my information from sources besides neteller themselves.

[/ QUOTE ]

Care to cite sources? You seem to have some special insight. Either that or you're just pulling this unsubstantiated speculation out of yer arse.

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

[ QUOTE ]
[ QUOTE ]
I have gathered most all of my information from sources besides neteller themselves.

[/ QUOTE ]

Care to cite sources? You seem to have some special insight. Either that or you're just pulling this unsubstantiated speculation out of yer arse.

[/ QUOTE ]

no special information. Finding out about the seizure was though the article on gambling911...same with the fact that neteller was preparing reports for the DoJ. Hearing about screening calls from the USA was from other posters on this forum and others. Im just saying that neteller agents themselves have not revealed any details and are still to this day feeding the line of "payment processing difficulties".

I trust people posting here more than neteller themselves.

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

when will we know for sure what is happening with our money. clearly it's not tomorrow but it will be less than 5 years also. anyone care to venture a guess?

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

12 - 18 months

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

less than six months

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

6-12 months

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

[ QUOTE ]
6-12 months

[/ QUOTE ]

18 months and 1 day Bob.

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

[ QUOTE ]
[ QUOTE ]
6-12 months

[/ QUOTE ]

18 months and 1 day Bob.

[/ QUOTE ]

you mean "1 day Bob!"

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
6-12 months

[/ QUOTE ]

18 months and 1 day Bob.

[/ QUOTE ]

you mean "1 day Bob!"

[/ QUOTE ]
2 DAYS!

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

We will get our money back on Judgement Day. Happy now?

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

They said it was next Thursday when I called.

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

[ QUOTE ]
They said it was next Thursday when I called.

[/ QUOTE ]

if this is BS, ban.

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

I believe this is poll-worthy.

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

FWIW, I asked one of my lawyers to check the Neteller docket to see what he could find regarding seizure of funds. This was his response:

I reviewed the dockets in the Lawrence and Lefebvre cases, and there is
nothing in either case related to the seizure of any funds.

Plus, I can't find any case filed against Netteller. If there is a case
against Netteller its either (a) under seal or (b) located outside the
Southern District of New York [as my search was limited to that
district].

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

I was under the impression that the $55m seized had nothing to do with the founders and the money laundering charges, but has to do with the sports-betting case. Anyone got something solid?

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

Jay, I'm amazed Neteller can do something like this whether or not it's true the funds were actually seized AND continue to operate normally. I can't think of any business that summarily elects to just not pay their customers unless they were going bankrupt.

Maybe it's because they're in Canada. Or maybe it's because we're all poker players treating the loss of our Neteller funds like a losing session (or month/year/etc.) Whatever the reason, it surprises me there isn't a class action lawsuit filed against them by now.

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

there is no case against the company unless it is under seal.

For the founders, there is no sports betting case per se. There is a money laundering case where some of the overt acts are sports bets, and if I recall correctly they are charged in a 1084 conspiracy either as co-consporators or aiding and abetting.

I think Neteller's biggest problem is they have no way to get the funds to the players, and they don't really seem interested in finding a way. I'm sure they could eat the $55 million and still pay everyone, but how can they get the funds to the players. The peer to peer would have been great, but they are going out of their way to cooperate with the Feds these days.

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

[ QUOTE ]

I think Neteller's biggest problem is they have no way to get the funds to the players, and they don't really seem interested in finding a way.

[/ QUOTE ]

no

[ QUOTE ]
I'm sure they could eat the $55 million and still pay everyone, but how can they get the funds to the players. The peer to peer would have been great, but they are going out of their way to cooperate with the Feds these days.

[/ QUOTE ]

yes

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

[ QUOTE ]
there is no case against the company unless it is under seal.



I think Neteller's biggest problem is they have no way to get the funds to the players, and they don't really seem interested in finding a way.

[/ QUOTE ]

Absolutely not true. I am sure a vast majority of Neteller clients today would be happy to take a check drawn on a Canadian or UK bank and go through the check collection process in the United States. Checks could be mailed or FedEx from Canada or Isle of Man, or whereever they are located today.

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

I don't think they care enough to go through the trouble of cutting checks, and then have customers complain about the cost of clearing foreign checks.

Sure, there are ways to do it, maybe some good ways. I just think they don't care a this point. It's easier to hide behind the DOJ/FBI's statements and ride things out.

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

Has anyone had a problem just using their USD account to transfer between poker sites? It seems like this is not a problem at the moment. Anyone think even that is a risk?

BTW I am a UK resident. I have a USD NT and my registered bank account is a USD account with a British Bank. Does this basically put me in the same spot as US residents? It wouldnt be smart for me to attempt a cash out I take it?

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

I think that Neteller not paying US customers is a negotiating tactic with DOJ on behalf of the 2 founders.

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

THANK YOU NETELLER.

THANK YOU FOR NOT ALLOWING ME ( A MARYLAND RESIDENT ) FROM EVER SIGNING UP AT YOUR HELLHOLE.

That is all

Re: The official NETELLER thread. (41 days on.) #2 of 2.
 

[ QUOTE ]
I don't think they care enough to go through the trouble of cutting checks, and then have customers complain about the cost of clearing foreign checks.

Sure, there are ways to do it, maybe some good ways. I just think they don't care a this point. It's easier to hide behind the DOJ/FBI's statements and ride things out.

[/ QUOTE ]

Agreed that they do no care. Two month ago I would of complanined about the fees, today it would be fine to pay the fees.

Netellet Facts
 

I have 50k stuck in neteller, but i am not an us citizen i have student visa so i guess in worst case i will have the option of going back home and recovering my money. i don't believe anyone knows what will happen with neteller money until march 15th. I have dome some extensive research anf best place to find up to date neteller news is to type in neteller in the google news section and i believe u will find all the publishing on the net. I have heard many arguments such as the many people arguing the DOJ case is not that strong thats why the case was pushed another month and in the end they will settle and Americans will get there money back, to the "Is the NETeller Money Gone?...By Hartley Henderson" who is clearly saying that no way in the hell customers are seeing any penny not today not tomorrow not even 10 years from now. In the article he has a quote by an farmer DOJ agent who said to him "we don't give drug money seized from dealers back to the junkies so why would we give back this money to bettors if we deem those funds to be the proceeds of crime?"


No one knows what the future holds and atleast i have comfert of not being an American citizen.

Re: Netellet Facts
 

Evertyone who has money in neteller should read this article ""Is the NETeller Money Gone?...By Hartley Henderson" and should E-Mail him at "[email protected]" to make sure everything in the article is fact and makesure he is not just trying to make a quick bucks over the neteller saga. Because trust me it's a BAD NEWS ARTICLE for those of us who have money in neteller.

Re: Netellet Facts
 

The article reads like a bunch of tripe to me.