NETeller Case Postponed

Friday, 16 March 2007

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.

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.”



Tags: Poker News, NETeller, Case, Postponed