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DATE: May 26 2012
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Poker.co.uk - Poker News Archive

Friday 16th March 2007

NETeller Case Postponed

It has been reported that the US Government has delayed the NETeller hearing. Co-founders Stephen Lawrence and John LeFebvre, were arrested on a charge of conspiracy to transfer funds with the intent to promote illegal gambling.

Rumours that the case could be dropped boosted online gaming stocks recently, and this delay may be a response to recent activity from lobbyists.

The continuance also prevents the release of evidence, namely money from US customers. The NETeller Customer Coalition, based on Yahoo!, is a discussion/pressure/information group with roughly 250 members. They have over $750,000 frozen, with more than a dozen individuals suffering for over $20,000.

PokerPages quotes coalition founder Goldstein as saying that, 'These are the kinds of figures that can keep a killer legal team motivated.' He also pointed out that 'there's still thousands of other NETeller customers who don't know about us.' Despite a lack of presence in the media, word of mouth is brining 30 � 40 new members daily.

Goldstein is angered by both the Government�s stance and NETeller�s passivity. PokerNews quoted Goldstein as saying that, �Between NETeller and the DOJ, thousands of citizens who have done nothing wrong have millions of dollars being confiscated without any real explanation or means of resolution.�

Source: OnlineCasinoNews

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