Neteller good news

[Red Lion]

First off, its only 55 million.
Second off, the money is held in segregated accounts and does NOT collect interest.

[AvivaSimplex]

[ QUOTE ]
Second off, the money is held in segregated accounts and does NOT collect interest.

[/ QUOTE ]

Of course it collects interest, and Neteller gets to keep it. You think they just have a giant vault with $300 million in cash?

[NesOne]

RedLion,

The $55M number is the amount that was seized by the DOJ, not the total amount of money US customers have in Neteller.

Cheers,
NesOne

[bossplayer]

[ QUOTE ]
First off, its only 55 million.
Second off, the money is held in segregated accounts and does NOT collect interest.

[/ QUOTE ]

Ok, total of $255 million then. I am talking about what US account holders still have in 'trust' accounts, not what was just put in EFTs after the news.....

That $55 million in transit is lost as a bargaining chip by neteller, it is now leverage for the DOJ.

Second off, you have to be joking.

[daedalus]

[ QUOTE ]
Second off, the money is held in segregated accounts and does NOT collect interest.

[/ QUOTE ]

Is it buried in a can in their backyard?

[Red Lion]

Poker Stars makes similar claims about players funds being held in segregated accounts. Do you believe them?

[stoxtrader]

[ QUOTE ]
Poker Stars makes similar claims about players funds being held in segregated accounts. Do you believe them?

[/ QUOTE ]

unequivocally yes.

[fleece_me]

You believe neteller as well, correct?

[Little_Luck]

Does it matter whether we believe them or not? The point is we all benefitted in the past by neteller, whether they kept them in seperate accounts, 1 group account or under some giant mattress.

[joeker]

I dont think those funds have been officially "seized" they have been frozen