CO-FOUNDER OF NETELLER RELEASED ON $5 MILLION BOND BY U.S. VIRGIN ISLAND JUDGE
19 January 2007
Internet company founder released on bail by U.S. Virgin Islands judge
The Associated Press
Published: January 18, 2007
CHARLOTTE AMALIE, U.S. Virgin Islands: A Canadian man charged with laundering billions of dollars (euros) from Internet gambling transactions posted bail Thursday in the U.S. Virgin Islands and was released into the custody of an FBI agent.
U.S. District Court Magistrate Judge Geoffrey Barnard released Stephen Eric Lawrence on US$5 million (€3.8 million) bail, half of which was transferred by wire to a New York City court clerk’s office before his release.
Provisions of the release require Lawrence to board a direct commercial flight to New York under FBI supervision and surrender his passport. He must then appear at a Jan. 26 court hearing in New York.
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18 January 2007SHACKLED NETELLER EXEC STEPEN LAWRENCE MAKES APPEARANCE IN COURT
NEW YORK POST January 18, 2007 — CHARLOTTE AMALIE, U.S. Virgin Islands – A Canadian man who founded a firm that processes Internet gambling transactions was led into a U.S. Virgin Islands court in ankle chains to face money-laundering charges yesterday. Stephen Eric Lawrence, 46, was accused of funneling billions of dollars in illegal gambling proceeds to overseas betting operations. The former NETeller PLC director was arrested on the island of St.Read full article