Won't click2pay eventually get shut down just like neteller?

[mikeh1975]

sorry i should've worded this better.thanks for the edit.just very curious as to what will happen if and when the government decides it wants to hound click2pay.makes you wish the pressure would die down with all the attention being given to online gaming these days.....

[sublime]

what these companies need to do is:

a) stay private
b) stay off us soil

thats it. the one good thing about this whole mess is that the 'next' neteller will be built from the ground up with one thing in mind....doing business with the US and avoiding prosecution.

[blackize]

[ QUOTE ]
what these companies need to do is:

a) stay private
b) stay off us soil

thats it. the one good thing about this whole mess is that the 'next' neteller will be built from the ground up with one thing in mind....doing business with the US and avoiding prosecution.

[/ QUOTE ]

Couldn't some of the high stakes Euro/Canadian players get together to do just this? I know there are a bunch of them who are entrepreneurial and I think this could be a great business opportunity.

[yeahright]

private companies are much harder to go after. They don't have to provide information on their ownership and other things. For a company like click2pay, the US would have a very hard time doing anything without help from the country where click2pay is based.

The common theme in every single arrest so far is the companies were public. They have to make so much information public, it's much easier to arrest people.

Private companies are a different story.

All the info on Neteller the FBI had was straight from public disclosures made by neteller.

[Wynton]

Private companies may be less obvious targets, but they're still pretty easy to go after.

All the prosecutors need to do is have an investigator open an account with US information and then use that account to fund a gambling site. That information is sufficient to make the same type of allegations that are being made against Neteller.

[kassdog]

But they would need to come into the U.S. to get them right. Thats the problem that the two guys had is they came into the U.S. Now the U.S. isn't going after the current employess in the company because they aren't in the U.S. The problem with european pros making a company is that they would probably never want to step foot in the U.S. making it harder on them. IMO

[dave1mo]

[ QUOTE ]
Private companies may be less obvious targets, but they're still pretty easy to go after.

All the prosecutors need to do is have an investigator open an account with US information and then use that account to fund a gambling site. That information is sufficient to make the same type of allegations that are being made against Neteller.

[/ QUOTE ]

They can make allegations against these sites. But they can't arrest them if they don't set foot in the US.

[BluffTHIS!]

It's worth noting that Jay Cohen's 2 former partners in wsex are still in business and have been under indictment for years. They just haven't come back to the US to get pinched.

[yeahright]

[ QUOTE ]
[ QUOTE ]
Private companies may be less obvious targets, but they're still pretty easy to go after.

All the prosecutors need to do is have an investigator open an account with US information and then use that account to fund a gambling site. That information is sufficient to make the same type of allegations that are being made against Neteller.

[/ QUOTE ]

They can make allegations against these sites. But they can't arrest them if they don't set foot in the US.

[/ QUOTE ]

Or if they don't even know who the hell owns the place.

You can't just google and figure out who owns a foreign, private company.

[joeker]

Click2Pay is based in Germany, what that means and how it effects things I have no clue, just thought I'd point it out.