Neteller’s Name Used In Phishing Scam

26 May 2010

One of the oldest and most respected online payment services companies in the online gaming industry, has been used by persons unknown for a phishing scam. Someone has tried to use Neteller’s name on the internet to phish out sensitive information on unsuspecting victims.

Before 2006 and UIGEA, Neteller was one of the premier payment services companies servicing the American online gaming industry. After UIGEA was passed, Neteller, not wanting to risk it’s worldwide operations, withdrew from the US market. At that time, it carried deposits from it’s US customers. It took some time, but Neteller was eventually able to pay off its debts under a US endorsed Approved Distribution Plan.

The new phishing scam has some unknown person or persons contacting the old Neteller customers, claiming to represent Neteller. The scam is that they claim that Neteller is ready to pay further sums to its former American account holders, but in order to do that, they will need certain personal financial details.

Neteller is aware of the scam and responded quickly. They quickly contacted their old customers and told them that all due payments were made according to the Approved Distribution Plan.

Despite all the warnings on the internet about this and other phishing expeditions, some people have fallen victim to this scam. But for the most part, this scam was caught early and has been brought under control.

Scammers have tried to use the Neteller name in the past. Always be very careful about responding to online requests for personal and/or financial information.

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