SHACKLED NETELLER EXEC STEPEN LAWRENCE MAKES APPEARANCE IN COURT
18 January 2007
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. John on Monday on a warrant from the U.S. Attorney’s office in New York, said FBI agent Donald A. Neily.
District Court Judge Geoffrey Barnard said he intended to set bail at $5 million at a hearing tomorrow.
Lawrence, who lives in the Bahamas, and John David Lefebvre, 55, are former directors of the Internet payment services company, which have become popular as more of credit card companies have begun refusing to accept payments to online gambling sites.
Lefebvre was arrested Monday in Malibu, Calif. Both men are Canadian citizens.
In 1999, the men founded NETeller, which is based in the Isle of Man and is publicly traded in the U.K. The company began processing Internet gambling transactions in 2000.
READ THE COMPLETE ARTICLE AT NEW YORK POST
19 January 2007CO-FOUNDER OF NETELLER RELEASED ON $5 MILLION BOND BY U.S. VIRGIN ISLAND JUDGE
HERALD TRIBUNE 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.Read full article
17 May 2007Founder of BetOnSports Pleads Not Guilty
Gary Kaplan, founder of BetOnSports had his day in court Tuesday, at least one of them. On May 15, 2007 he pled not guilty to racketeering and conspiracy charges related to the British online gambling company’s allegedly illegal acceptance of bets from the U.S. The New York Post reports that Kaplan, 48, entered his plea before U.S. Magistrate Mary Ann Medler in St. Louis federal court, 10 months after U.S. prosecutors unsealed an indictment against him.Read full article