Neteller Co-Founders Date With DOJ Recheduled For May 16, 2007
17 April 2007
John Lefebvre and Stephen Lawrence, co-founders of Neteller and reluctant guests of the state of New York for the last 3 months have agreed to yet another continuance with the US DOJ. Judge Moss granted the continuance in the interests of Justice and the case has been rescheduled for May 16, 2007.
Lefebvre and Lawrence were arrested on January 15, 2007 Founders Of Neteller Arrested On Both Coasts Of U.S. “in connection with the creation and operation of an internet payment services company that facilitated the transfer of billions of dollars of illegal gambling proceeds from United States citizens to the owners of various internet gambling companies located overseas.” Lefebvre and Lawrence established Neteller in 1999. Both are charged with conspiring to transfer funds with the intent to promote illegal gambling. If convicted, they face a maximum sentence of 20 years imprisonment. (Neteller Founders Charged With Money Laundering)
The May 16th continuance is the 4th granted in this case. Peter Neiman, lawyer for Lawrence, did return my call and while he was very cordial and patient, refused to make any comments at this time.
18 January 2007ONLINE GAMBLING'S NETELLER STOPPED BUSINESS IN US 12:O1 AM
HOUSTON CHRONICLE – cron.com Jan. 18, 2007, 3:43AM By ROBERT BARR – Associated Press LONDON — Neteller PLC, a Britain-based online money transfer business, said Thursday it is ceasing to handle gambling transactions from U.S. customers because of restrictive legislation and uncertainties about regulations.Read full article
13 March 2007Online Gambling Charges Dropped In Landmark Decision In Phillipines
Declaring Internet Gambling was not covered by Presidential Drecree 1602 which deals with penalties for illegal gambling, the city prosecutor’s office dismissed the illegal gambling charges brought by the Nationl Bureau of Investigation against British Grand Vision International in Clark, Phillipines.Read full article
27 May 2007Betex Execs Resign Over Possible Chinese Prosecution
Following the arrest in April of three of Betex employees by China for allegedly being involved in illegal gambling, Peter Greenhill and Stuart Barker, the chief executive and finance director at Betex, resigned after failing to receive assurances from the Chinese authorities that they would not be arrested if they entered the country. Non-executive director Philip Goodmaker has also resigned according to eGaming Review.Read full article