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Government Granted Continuance in NETeller Case (U.S. Consumers still unable to access funds)
www.point-spreads.com ^ | Monday, 19 March 2007 | Thomas Jensen

Posted on 03/19/2007 12:33:13 PM PDT by SubGeniusX

On March 16th the United States government asked for and was granted a continuance in their case against NETeller founders Stephen Lawrence and John Lefebvre. The schedule hearing will now take place on April 16th, 2007 according to an announcement by the Information Office of the United States Attorney in New York.

Department of Justice spokesperson Rebecca Carmichael informed reporters that the extension had not been opposed by the two NETeller founders, both of which posted bail bonds of $5 million following their arrests by the FBI. Lawrence and Lefebvre are still confined to the New York City limits until the case has been finalized.

Both men were arrested in January 2007 and subsequently charged with conspiring to transfer funds with the intent to promote illegal gambling, money laundering and tax evasion despite having resigned from the NETeller board of directors in October 2006.

The news of the continuance disappointed many US players whose funds remain tied up for over 2 months. There was some hope that the cause was going to be dismissed or thrown out, but that hope quickly evaporated once Gambling911.com broke the news that the US Government would ask for the continuance. Point-Spreads.com will continue to monitor this story.


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: gambling; internetgambling; neteller; poker
The news of the continuance disappointed many US players whose funds remain tied up for over 2 months.

sad ....
1 posted on 03/19/2007 12:33:21 PM PDT by SubGeniusX
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To: frogjerk

Poker Ping


2 posted on 03/19/2007 12:34:22 PM PDT by SubGeniusX ("BLAMMO! Eyes melt, skin explodes, everybody dead!")
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To: SubGeniusX

If you gamble with your money, don't be surprised when you loose it.


3 posted on 03/19/2007 12:48:08 PM PDT by the anti-liberal (OUR schools are damaging OUR children)
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To: the anti-liberal
Losing it at the table is one thing ...

Having it seized stolen by the U.S. Government is another altogether.
4 posted on 03/19/2007 12:57:24 PM PDT by SubGeniusX ("BLAMMO! Eyes melt, skin explodes, everybody dead!")
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To: SubGeniusX
My money gets seized by the U.S. Government every year, but the folks who lost their money here made a choice.

And they'll get it back, just not as soon as they'd like.

5 posted on 03/19/2007 1:07:10 PM PDT by the anti-liberal (OUR schools are damaging OUR children)
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