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Neteller Founders Arrested


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hooray everybody speculate and panic about something that is completely beyond their control. ------------you know what, if they got arrested for something to do with the UIGA that might be a good thing. im sure they have tons of money for good lawyers, this might be a good place for somebody to challenge the whole thing.

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I rarely post, but reading these responses to the original post has aggravated and annoyed me to the point that I had to mention a few things...First, I am pretty confident that the United States government is much more concerned right now with the Iraq War, fighting the uprisings in Afghanistan, Ahmadinejad, Kim Jong Il, etc. than making sure the online poker ban is going well..Also, there is such a misfound penetrating jump in logic in the post: "First step: limit online gambling. Second step: burn books" I have no idea how to respond...And to the person that is comparing the arrest to communism is again some ill-fated logic: Do you think its possible that the two arrestees were told why they were being held or detained and the person that wrote the article just doesn't have the information yet?? I also sincerely hope that anyone that does decide to vote uses more than a politician's "poker position" as a starting point. I hope that those who actually vote are trying to discern the "bigger picture" and attempts to elect a politicians who can most effectively represent our voices in Congress and deal with positions such as tax cuts, health care, social security, our foreign policy, etc. In fact, I can guarantee you the question "Mr. Obama and Ms. Clinton, what are your positions on legalizing online poker?" will be conspicously absent from any Presidential debates in the future...And flushgarden, please do not threaten to leave the country unless you would actually have the integrity to stand behind your convictions. But please leave your avatar on your way out...

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register and vote for pro poker candidates. And if you're not a registered voter, you're not allowed to complain.
There aren't really any pro-poker candidates, aside from fringe libertarians. Both major parties support banning online gambling for their own separate sets of reasons.
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What's everybody's beef with Communism?
:club: Look, these arrests could be for just about anything, but a person would have to be kidding themselves if they didn't think this was somehow related to gaming and/or the transfer of $$$ to sites via US banking institutions.Either way, this is HORRIBLE news. There are extremely powerful forces out there trying to shut down every avenue available for US players and unless something is done they will succeed at some point. I for one am nervous and have no more $$$ online for the time being. I fear for my friends who make a living at it and only hope that it is irrational paranoia.
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First, I am pretty confident that the United States government is much more concerned right now with the Iraq War, fighting the uprisings in Afghanistan, Ahmadinejad, Kim Jong Il, etc. than making sure the online poker ban is going well..
I quit reading there. You are sorely mistaken, the US government tries to maintain control over everything. Lol, talk about being clueless.
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I rarely post, but reading these responses to the original post has aggravated and annoyed me to the point that I had to mention a few things...First, I am pretty confident that the United States government is much more concerned right now with the Iraq War, fighting the uprisings in Afghanistan, Ahmadinejad, Kim Jong Il, etc. than making sure the online poker ban is going well..Also, there is such a misfound penetrating jump in logic in the post: "First step: limit online gambling. Second step: burn books" I have no idea how to respond...And to the person that is comparing the arrest to communism is again some ill-fated logic: Do you think its possible that the two arrestees were told why they were being held or detained and the person that wrote the article just doesn't have the information yet?? I also sincerely hope that anyone that does decide to vote uses more than a politician's "poker position" as a starting point. I hope that those who actually vote are trying to discern the "bigger picture" and attempts to elect a politicians who can most effectively represent our voices in Congress and deal with positions such as tax cuts, health care, social security, our foreign policy, etc. In fact, I can guarantee you the question "Mr. Obama and Ms. Clinton, what are your positions on legalizing online poker?" will be conspicously absent from any Presidential debates in the future...And flushgarden, please do not threaten to leave the country unless you would actually have the integrity to stand behind your convictions. But please leave your avatar on your way out...
that you george?anyways, wtf? why are these guys being arrested like they part of the mafia or something. all they did was set up a company that acts as an e wallet. its not their fault what people use their "ewallet" for. now that is some scary ****. glad i'm not american
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If the entire world except for Canada became radioactive and unsafe to habitate...I still wouldn't move to Canada.

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lol umm, ya how is it scary close to comunism? it's the protection of their own taxable funds from Harah's etc...it's capitalism to a T...I'd relate this more towards gorilla or mod tactics of a turf war! Also a good mix of Isolationism in there too!
Uh, capitalism does not involve the use of gov't force to restrain trade. That's something else that is much closer to socialism.
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Statement from NTRNS Number:5751PNETeller PLC16 January 2007STATEMENT REGARDING FORMER DIRECTORSNETELLER Plc, the leading independent online money transfer business, todayissued the following statement regarding the speculation surrounding two of itsformer directors and founder shareholders, Mr Stephen Lawrence and Mr JohnLefebvre.While travelling separately in the US, Mr Lawrence and Mr Lefebvre, both formerdirectors of the Company, were detained by US authorities on Monday, 15 January2007.Other than as shareholders, neither Mr Lawrence nor Mr Lefebvre has any currentposition with or connection to NETELLER.The Group has not received any communication or correspondence from any USauthority regarding this or any related matter.Pending clarification of the situation the Board has sought immediate temporarysuspension of NETELLER's shares.Further information will be issued in due course.Enquiries:NETELLERAndrew Gilchrist, VP - Communications + 44 (0) 1293 555 726Citigate Dewe Rogerson + 44 (0) 207 638 9571Sarah Gestetner/Sebastian Hoyle/George CazenoveFurther informationMr Lawrence resigned as a non-executive director of the Company on 13 October2006 having stepped down as non-executive chairman of the Company on 11 May2006. Mr Lefebvre resigned as a non-executive director of the Company on 15December 2005.Mr Lawrence is the majority beneficial owner of Corvina International Ltd. whichholds a total of 7,085,541 ordinary shares representing approximately 5.91% ofthe issued share capital of the Company. Mr Lefebvre is the beneficial owner ofEagle Medallion Fortress Investment Corporation which holds a total of 6,638,094ordinary shares representing approximately 5.54% of the issued share capital ofthe Company.Notes to EditorsThe NETELLER GroupWith over 3 million customers in 160 countries, 3,500 merchants, and over$7 billion in annual transactions, the NETELLER Group operates the largestindependent online money transfer business in the world. The Group specializesin providing innovative and instant payment services where money transfer isdifficult or risky due to identity, trust, currency exchange, or distance.Being independent has allowed the Group to support thousands of retailersand merchants in many geographies and across multiple industries.The Group is quoted on the London Stock Exchange's AIM market, with a tickersymbol of NLR. NETELLER UK Limited is authorised by the Financial ServicesAuthority (FSA) to operate as a regulated e-money issuer. For more informationabout the Group visit www.netellergroup.com.This information is provided by RNSThe company news service from the London Stock Exchange

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WHAT DOESNT FIT1950 communism1960 drugs1970 vietnam1980 aids1990 terrorism2007 online poker?
It looks like you're girlfriend wears the pants in your relationship.
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I rarely post, but reading these responses to the original post has aggravated and annoyed me to the point that I had to mention a few things...First, I am pretty confident that the United States government is much more concerned right now with the Iraq War, fighting the uprisings in Afghanistan, Ahmadinejad, Kim Jong Il, etc. than making sure the online poker ban is going well..Also, there is such a misfound penetrating jump in logic in the post: "First step: limit online gambling. Second step: burn books" I have no idea how to respond...And to the person that is comparing the arrest to communism is again some ill-fated logic: Do you think its possible that the two arrestees were told why they were being held or detained and the person that wrote the article just doesn't have the information yet?? I also sincerely hope that anyone that does decide to vote uses more than a politician's "poker position" as a starting point. I hope that those who actually vote are trying to discern the "bigger picture" and attempts to elect a politicians who can most effectively represent our voices in Congress and deal with positions such as tax cuts, health care, social security, our foreign policy, etc. In fact, I can guarantee you the question "Mr. Obama and Ms. Clinton, what are your positions on legalizing online poker?" will be conspicously absent from any Presidential debates in the future...And flushgarden, please do not threaten to leave the country unless you would actually have the integrity to stand behind your convictions. But please leave your avatar on your way out...
You are missing the point completely. they ARE SPENDING WAY TOO MUCH TIME worrying about and enforcing online gaming. If they weren't, there wouldn't be legislations, arrests and prosecution related to it. If they were ACTUALLY spending their time focusing on the things that matter - like sorting out your fuucked up foreign policies and creation of civil wars - there would never have been online gaming legislation passed, and none of these folks would have been arrested (neteller, BetonSports, and whoever else)
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This seems to be the only thread on this issue, and I didn't see this posted yet. This is very bad:Neteller arrest details

U.S. CHARGES TWO FOUNDERS OF PAYMENT SERVICES COMPANYWITH LAUNDERING BILLIONS OF DOLLARS OFINTERNET GAMBLING PROCEEDSMICHAEL J. GARCIA, the United States Attorney for theSouthern District of New York, and MARK J. MERSHON, the AssistantDirector-in-Charge of the New York Office of the Federal Bureau ofInvestigation ("FBI"), announced today that STEPHEN ERIC LAWRENCEand JOHN DAVID LEFEBVRE were arrested yesterday in connection withthe creation and operation of an internet payment services companythat facilitated the transfer of billions of dollars of illegalgambling proceeds from United States citizens to the owners ofvarious internet gambling companies located overseas.
It goes on to say:
Mr. GARCIA stated, "Internet gambling has become amultibillion-dollar industry that derives a major portion of itsrevenues from United States citizens. STEPHEN ERIC LAWRENCE andJOHN DAVID LEFEBVRE knew when they took their company public thatits activities, as well as those of the internet gambling companiesit assisted, were illegal in the United States. Blatant violations of U.S. law are not a mere ‘risk’ to be disclosed to prospective investors. Criminal prosecutions related to online gambling will be pursued even in cases where assets and defendants are positioned outside of the United States."
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