Netteller founders arrested

    • LeFish
      LeFish
      Bronze
      Dabei seit: 02.04.2006 Beiträge: 635
      Neteller Founders ArrestedPublished: Monday, January 15, 2007 Author: Dan For reasons unknown at this time, John LeFevre and Steve Lawrence, founders of popular online payment processor, Neteller, were arrested in the United States on Monday, according to a report by Gxxxxx911.com . Both men are Canadian; Neteller is headquartered in the Isle of Man, although it does have a divisional office in Canada. The company is regulated by the Financial Services Authority in the UK and trades on the London Stock Exchange. Gxxxxx911.com pointed out that these arrests must have been the end game of an investigation that had been going on for a few years. This makes sense because neither man has been a part of the company within at least the last year. LeFevre retired in 2002 and Lawrence ended his term as Chairman of the company in October 2005. As was the case with similar arrests of other online gaming-related executives in 2006, the two men were taken into custody while transferring planes in the U.S. Unlike those arrests in 2006, the men were not involved in a gambling company. Neteller is merely a payment processor that online gambling companies use to facilitate money transfers. Interestingly, both men were traveling on the same day, but were not together – LeFevre was detained in Los Angeles, while Lawrence was halted in New York. It is yet unknown if the arrests had anything at all to do with the gentlemen’s involvement with Neteller, although according to Gxxxxx911.com ’s source, the two men do still hold stock in the company, as one might expect.
  • 3 Antworten
    • metaphysiker
      metaphysiker
      Bronze
      Dabei seit: 01.09.2006 Beiträge: 867
      Jo, Krass.. Aber wenn die Amis was machen, scheinen sie es ja immerhin richtig zu machen... ;) Mal abwarten.. Siehe z.B. Bwin..
    • miracoolx
      miracoolx
      Bronze
      Dabei seit: 11.04.2006 Beiträge: 320
      kapier ich nicht bitte erklären. ich kann zwar bisschen englisch und denk ich verstehe den Sinn aber warum die verhaftet wurden weiß doch keiner.. und welche Konsequenzen hat das...? (btw ich weiß dass ich dumm bin)
    • LeFish
      LeFish
      Bronze
      Dabei seit: 02.04.2006 Beiträge: 635
      hier im orgnial von gxxxx911.com NETeller Founders Arrested at Their Homes More information was beginning to surface during the late night hours regarding the arrests of two NETeller founders. The company is the biggest third party money processing company catering to the online gambling industry. John LeFevre was reportedly taken into custody at his Malibu home during the early morning hours of Monday January 15 according to sources close to gxxxxx.com. "Both (founders of NETeller) have houses in the USA," the source disclosed. "That is why they were in the US...they spend a great deal of time there." While a bill to curb some forms of online gambling went into effect this past October, these arrests indicate a more prolonged investigation. LeFevre, a one time acid loving hippie, started the hugely successful company with Steve Lawrence in 1999 but retired in 2002 in Costa Rica. LeFevre loved recounting his days as a flower child and rebel, who did have brushes with the law during his most rebellious years in the 1960's. LeFevre, now in his 50's, shaved his heavy disheveled bush of hair a few years ago. The frolicking fun man eventually settled down and got married. He was once a favorite personality heavily profiled by the Gxxxxx.com website, but in recent years LeFevre has maintained a relatively low profile. Unless government officials are torturing or starving him, he is probably the last person in the world who will back down, though it should be pointed out that our initial sources have stated that LeFevre is yet to be charged with any offense. Steve Lawrence served as Chairman of Neteller until October 13, 2005. "He (Lawrence) resigned and both men have substantial holdings of stock as well," another source disclosed to Gxxxx911.com Monday evening. NETeller is a publicly traded company on the London Stock Exchange. Most of the company's current executives reside in and around the Isle of Man, a crown dependency of Great Britain, right off its coast, which serves as a primary online gambling jurisdiction. The Isle of Man is also home to PokerStars. NETeller executives were expected to issue a statement regarding the arrests some time after midnight Eastern Time. Likewise, online gamblers who have become dependent on NETeller, fear for the worst. NETeller was one of the few publicly traded internet gambling related firms to continue doing business with US citizens. Details of the arrest were not known at press time late Monday evening. Individual US states have frowned upon NETeller and other similar third party money transaction companies in the past. Maryland, for example, requires that banks be physically based in the state in order to conduct business with its citizens. NETeller voluntarily stopped accepting customers from that state a few years ago. In 2002, New York State's then Attorney General, Eliot Spitzer, went on a rampage against PayPal, forcing that third party money transaction firm to stop taking business from New York citizens of the purposes of online gambling. Spitzer also demanded banks in the state do the same. Then there is Louisiana State, which seems more concerned with going after online gambling company operators than cleaning up the mess left by Hurricane Katrina. It has issued numerous arrests warrants against online gambling executives including a former Sportingbet non-executive chairperson who was arrested during a routine check at New York's JFK airport this past summer. He was later released after New York State cited inadequate laws to have him extradited to Louisiana. Last July, now defunct BetonSports CEO David Carruthers, was arrested and charged while changing flights in the United States on various charges including money laundering and tax evasion. He has plead "Not Guilty" and intends to fight the case. Carruthers is a British national who remains under house arrest outside St. Louis, Missouri. Last week PinnacleSports stunned an already shell-shocked industry by announcing it would part ways with US customers effective immediately this past Thursday. The US made up an estimated 60% of its customer base. Pinnacle claimed that the recent legal environment in the States made it difficult to process transactions, though other online gambling companies have suggested it is no more difficult than prior to the passing into law a measure that would curb some forms of internet gambling by holding banking institutions responsible. ---- Christopher Costigan, http://www.gxxx911.com Originally published January 15, 2007 11:11 pm ET