Neteller? In Usa What Happened To It

(Edited by CrushAdmin)... (below)...
neteller has stopped in USA anybody can add to this please do


Hey there all,

This is obviously going to be a hot topic so I'm making it an 'announcement' for now - please don't post any New Topics about this - but instead reply to this one

There's also a topic that appeared before this one ... which you might like to read..

Neteller founders Arrested

I'll obviously be working with all our affiliated casinos to see what they are working on. I did get an email from Everygame Casino recently about a new payment method they are introducing called InterPay which will be a pre-paid Debit Card which will also have an ATM function so you can withdraw money anywhere in the world.

You can find out more by visiting Everygame Casino and you will see the InterPay Payment News article which if you click on you'll find more details

Hopefully this will include US (I'm sure that's the main reason actually), but time will tell

Best regards always,

Geno/CC

I just used it a few days ago at Big Dollar Casino and cashed out to neteller also.

i dont understand i just logged in to my neteller account and everything looked ok im confused is there something going on with neteller?should i be worried....?

well i heard some guys connected with neteller in some way well they got arrested in the USA and some one says thet stopped instacash for usa on neteller this just happenedyesterday i think

This is what people are saying on some forums

I have read on some forums that people trying to use their Instacash/neteller at casino's were denied. They phoned Neteller and were told that US account holders could no longer use instacash.

(Neteller as of 5:45pm est today, Neteller has retired the instacash feature for all of US players.!! )




I can not find any News sources with a Hard statement to support this. But several were perdicting it

Below is the title of an artcle on Business Week.Com in their Technology January 17, 2007, 6:47PM EST

"Neteller Arrests Bode Ill for Online Gambling
Two of the company's former directors have been arrested as part of the U.S. government's crackdown on gambling Web sites "
ahtram88

Rockysss, I think you should contact Customer Support @ 1-86-NETELLER . Hopefully they can clear up any confusion. I hope this helps

HI CRUSHERS, I ALWAYS USED NETELLER INSTANCE CASH FROM BANKS, BUT TONIGHT THEY WOULDNT ACEPT MY WITHDRAWELL AND I DONT LIVE IN BANDED STATE, BUT THEY HAVE IT ON THEIR LIVE CHAT NO US BANKS AS OF TODAY, THAT OUR GOVERMENT PLAYING BIG BROTHER, OUR LOVEONES FIGHTING FOR OUR RIGHTS AND WERE LOSING ALL RIGHTS, SO MUCH FOR LAND OF THE FREE can't SMOKE can't GAMBLE, THEY SHOULD MINE THEIR OWN BUSINESS. AND ITS SO SAD TO THINK OF KIDS UNDER 21 FIGHTING, And the grownups are having their lives runned by the gov, its so sad, ty josie46

I just tried my netteller to and it was also declined. Well said Josie

CHRISTOPHER P. CONNIFF
TIMOTHY J. TREANOR
Assistant United States Attorneys
Before: HONORABLE DEBRA C. FREEMAN
United States Magistrate Judge
Southern District of New York

- - - - - - - - - - - - - - - - - - - -
UNITED STATES OF AMERICA -v- STEPHEN ERIC LAWRENCE, Defendant.
Sealed Complaint
Violation of 18 U.S.C. § 1956
COUNTY OF OFFENSE:
NEW YORK/WESTCHESTER
- - - - - - - - - - - - - - - - - - - - x
SOUTHERN DISTRICT OF NEW YORK, ss.:
Maryann Goldman, being duly sworn, deposes and says that she is a Special Agent with the Federal Bureau of Investigation and charges as follows:

COUNT ONE
1. From in or about June 1999, up to and including in or about January 2007, in the Southern District of New York and elsewhere, STEPHEN ERIC LAWRENCE, the defendant, and others known and unknown, unlawfully, wilfully and knowingly did combine, conspire, confederate, and agree together and with each other to violate Section 1956(a)(2)(A) of Title 18, United States Code.

2. It was a part and an object of the conspiracy that STEPHEN ERIC LAWRENCE, the defendant, and others known and unknown, would and did transport, transmit, and transfer monetary instruments and funds from a place in the United States to and through a place outside the United States and to a place in the United States from and through a place outside the United States with the intent to promote the carrying on of specified unlawful activity, to wit, the operation of illegal gambling businesses in violation of Title 18, United States Code, Section 1955, the illegal transmission of wagers and gambling information, in violation of Title 18, United States Code, Section 1084, and the commission of gambling
offenses in violation of both New York State Penal Law, Article 225, and
anti-gambling statutes in other states.

OVERT ACTS
3. In furtherance of said conspiracy and to effect the illegal object thereof,
STEPHEN ERIC LAWRENCE, the defendant, and others known and unknown, committed the following overt acts, among others, in the Southern District of New York and elsewhere:

a. In or about 1999, LAWRENCE and a co-conspirator ("CC#1") founded a group of businesses (the "Neteller Group") to provide online payment services to internet gambling businesses.

b. Beginning in or about July 2000, and continuing up to in or about December 2003, LAWRENCE, CC#1, and others affiliated with the Neteller Group offered online payment services through Neteller Inc., a Canadian corporation, to various internet gambling businesses so that these businesses could illegally access customers in the United States, including customers in and around New York City.

c. Beginning in or about January 2004, and continuing up to in or about January 2007, LAWRENCE, CC#1, and others affiliated with the Neteller Group offered online payment services through Neteller PLC, a corporation based in the Isle of Man, to various internet gambling businesses so that these businesses could illegally access customers in the United States, including in and around New York City.

d. On or about April 14, 2004, LAWRENCE, CC#1, and others affiliated with the
Neteller Group raised approximately $70 million through an initial public
offering of shares in Neteller PLC on the Alternative Investment Market ("AIM")
of the London Stock Exchange ("LSE") in order to, among other things, expand
their online payment business. (Title 18, United States Code, Sections 1956(h).) The bases for deponent's knowledge and for the foregoing charge are, in part, as follows:

4. Since in or about June 2006, the Federal Bureau of Investigation ("FBI") has
been conducting an investigation of Neteller PLC, a company that is based in
Isle of Man and is publicly-traded in the United Kingdom. The investigation has
revealed that Neteller PLC conducts and facilitates illegal financial transactions between gambling customers in the United States and numerous
offshore online gambling businesses.

5. I have been personally involved in the investigation of this matter. This
complaint is based upon my involvement in the investigation, my conversations with other law enforcement officials and witnesses, and my examination of reports, records, and tapes. Because this complaint is being submitted for the limited purpose of establishing probable cause, it does not include all the facts that I have learned during the course of this investigation. Where the contents of documents and the actions, statements, and conversations of others are reported herein, they are reported in substance and in part, except where otherwise indicated.

6. I have reviewed various business records of Neteller PLC. These records
describe, among other things, the history and development of the Neteller Group and the services that it provides. For example, in the prospectus from Neteller PLC's initial public offering on the AIM (the "Neteller IPO Prospectus"), the Board of Directors of Neteller PLC, including STEPHEN ERIC LAWRENCE, the defendant, collectively states that Neteller Inc., a Canadian corporation, was founded in 1999 by LAWRENCE and CC#1; that on January 1, 2004, the Neteller Group began doing business as Neteller PLC, a corporation based in Isle of Man; that Neteller PLC specializes in providing online payment processing services to online merchants and customers; that Neteller PLC, and previously Neteller Inc., offers services through Neteller.com; that the primary service provided by Neteller PLC, and previously by Neteller Inc., is a "virtual wallet" account that enables customers to deposit, withdraw, or transfer funds with any merchant
that supports the Neteller online payments system; that Neteller PLC generates its revenues on a fee-for-service basis for any transfer of money between any combination of members or merchants; and that Neteller Inc. began processing transactions in July 2000.

7. I have reviewed various business records of Neteller PLC that provide
information regarding the scope of the online payment services provided by
Neteller PLC, including the following:

a. In the Neteller IPO Prospectus, the Board of Directors of Neteller PLC,
including STEPHEN ERIC LAWRENCE, the defendant, collectively states that more than 95 percent of the revenues generated by the Neteller Group, is derived from processing money transfers pertaining to the online gambling market; and that on or about March 1, 2004, Neteller PLC had 685,945 member accounts, of which approximately 88 percent belonged to North American residents.

b. Neteller PLC's 2004 annual report states that, in 2004, Neteller PLC
processed $3.4 billion in financial transactions; and Neteller PLC provides
gambling customers with access to more than 80 percent of the online gaming
merchants in the world.

c. Neteller PLC's 2005 annual report states that, in 2005, Neteller PLC
processed over $7.3 billion in financial transactions; Neteller PLC provides
gambling customers with access to more than 80 percent of worldwide gaming
merchants; and in 2005, Neteller PLC had $172.1 million in revenues and $91.5
million in net profit.

d. In Neteller PLC's half yearly report for the six-month period ending June 30,
2006, dated September 11, 2006, the President and Chief Executive Officer of
Neteller PLC described the "online gaming market" as Neteller PLC's "main
market," and stated that, in the first half of 2006, Neteller PLC processed $5.1
billion in financial transactions, and that approximately 85 percent of Neteller
PLC's revenue during that period derived from individuals in North America.
e. The transcript of a public conference call that occurred on or about
September 11, 2006, between officers of Neteller PLC and financial analysts,
reflects that the Chief Financial Officer of Neteller PLC stated during the
conference call that approximately 75 percent of the revenue of Neteller PLC
originated from customers in the United States.

8. As part of the investigation, law enforcement officers and a cooperating
witness posed as gambling customers and conducted online monetary transactions with numerous online gambling businesses using online payment processing services provided by Neteller PLC. The following are examples of some of the transactions that I have either participated in or learned about:

a. On or about August 12, 2006, a cooperating witness (the "CW"), who at the time was located in Miami, Florida, used a computer to open an account on Neteller.com (the "Neteller Account"), and the CW electronically transferred $400 from a bank account in Miami, Florida, into the Neteller Account. On or about August 22, 2006, the CW, who at the time was located in Miami, Florida, used a computer to open a wagering account with an online gambling business based in Antigua ("Online Gambling Business #1), by electronically transferring $400 from the Neteller Account to Online Gambling Business #1. On or about August 24, 2006, the CW, who at the time was located in Miami, Florida, used a computer to access Online Gambling Business #1's website, and the CW then wagered $250 on a National Football League ("NFL") football game and won approximately $200. On or about September 7, 2006, the CW, who at the time was located in Miami, Florida, used a computer to access Online Gambling Business #1's website, and the CW then wagered $250 on an NFL football game and lost $250.

b. On or about September 26, 2006, I was present with the CW at a public library located in Westchester County, New York. At that time, I observed the CW access the internet using a public computer at the library. The CW then used the computer to access Online Gambling Business #1's website, and the CW then withdrew $200 from his wagering account with Online Gambling Business #1 and transferred it electronically to the Neteller Account. Thereafter, the CW then placed a $50 wager on an NFL football game on Online Gambling Business #1's website using money that had previously been deposited with Online Gambling Business #1 using the Neteller Account.

c. On or about December 29, 2006, in Westchester County, New York, I used a computer to access the Neteller Account by logging on to Neteller.com. At that time, the balance in the account was $100. I then transferred $25 from the Neteller Account to a wagering account with an online gambling business based in Costa Rica ("Online Gambling Business #2"). I then transferred $25 from the Neteller account to a wagering account with another online gambling business based in Costa Rica ("Online Gambling Business #3"). Then, I logged on to Online Gambling Business #1's website and used a link to Neteller.com to transfer $25 from the Neteller Account to the wagering account with Online Gambling Business #1 that previously had been opened by the CW.
9. I have reviewed various business records obtained from financial institutions that provide information regarding international monetary transactions conducted by, or on behalf of, Neteller PLC, including the following:

a. Records of automated clearinghouse ("ACH") transactions obtained pursuant to subpoena from an automated clearinghouse located in the United States demonstrate that Neteller processes a significant amount of customer
transactions through the automated clearinghouse system, including transactions from customers in Manhattan. The ACH system permits Neteller to handle internet-based customer transactions. These records further demonstrate that Neteller uses a payment service company (the "Payment Company") to conduct its customers' ACH transactions in the name of the Payment Company. By doing so, Neteller PLC conceals the nature of these financial transactions. The Payment Company receives funds in the United States on behalf of Neteller PLC, and then transfers the funds out of the United States to accounts controlled by Neteller PLC in Canada.

b. Records of wire transfers obtained pursuant to subpoena from a bank in the
United States (the "US Bank") demonstrate that, from in or about January 2006 up to and including in or about March 2006, a total of approximately $98 million was transferred by wire from an account in the name of the Payment Company at the US Bank in the United States to an account in the name of JSL Systems Inc. at National Bank of Canada in Calgary, Alberta, Canada. Neteller PLC's 2004 annual report states that JSL Systems Inc. is a related company that is owned by a director of Neteller PLC that processes transactions for Neteller PLC and is paid a nominal fee for its services. In the Neteller IPO Prospectus, the Board of Directors of Neteller PLC, including STEPHEN ERIC LAWRENCE, the defendant, collectively states that LAWRENCE and CC#1 are partners in and/or directors of JSL Systems Inc.

c. Records of wire transfers obtained pursuant to subpoena from the US Bank
demonstrate that, from in or about March 2006 up to and including in or about
April 2006, a total of approximately $50 million was transferred from an account in the name of the Payment Company at the US Bank in the United States to an account in the name of Cardload Inc. at National Bank of Canada in Calgary, Alberta, Canada. Neteller PLC's 2004 annual report states that Cardload Inc. is a wholly-owned subsidiary of Neteller PLC.

10. I have reviewed various business records of Neteller PLC that provide
information regarding the involvement of STEPHEN ERIC LAWRENCE, the defendant, in the business affairs of Neteller Inc. and Neteller PLC, including the following:

a. In the Neteller IPO Prospectus, the Board of Directors of Neteller PLC,
including LAWRENCE, collectively states the following: LAWRENCE founded the
Neteller Group in June 1999; LAWRENCE participated in developing the online
payment services of the Neteller Group and participated in raising capital for
the Neteller Group; LAWRENCE served as Chief Executive Officer of Neteller Inc. until December 2002 and drew a salary and other compensation from Neteller Inc.; LAWRENCE served as executive director of Neteller Inc. from 2001 to August 31, 2003; LAWRENCE was Chairman of the Board of Directors of Neteller PLC and would continue to serve as Chairman upon admission of Neteller PLC to AIM; LAWRENCE owned approximately 42 percent of Neteller PLC prior to the IPO, and LAWRENCE would own approximately 36 percent of Neteller PLC after the IPO; and LAWRENCE advanced to Neteller PLC approximately $3 million in an interest-free loan.

b. Neteller PLC's 2004 annual report states that Neteller PLC is the creation of
LAWRENCE who is a major shareholder of Neteller PLC; LAWRENCE served as Chief Executive Officer of Neteller Inc. until December 2002; throughout 2004,
LAWRENCE was the Chairman of the Board of Directors of Neteller PLC; on or about December 31, 2004, LAWRENCE was the largest shareholder of Neteller PLC, owning 21.94% percent of the outstanding shares of Neteller PLC; and during 2004, the Board of Directors of Neteller PLC granted LAWRENCE options to purchase additional shares of Neteller PLC.

c. Neteller PLC's 2005 annual report states that LAWRENCE served as Chairman of the Board of Directors of Neteller PLC during 2005, but that LAWRENCE would step down from his position as Chairman at Neteller PLC's annual general meeting in 2006; during 2005, the Board of Directors of Neteller PLC granted LAWRENCE options to purchase additional shares of Neteller PLC; and during 2005, Neteller PLC paid LAWRENCE compensation for serving as a director.

11. I have reviewed various business records of Neteller PLC that demonstrate
that STEPHEN ERIC LAWRENCE, the defendant, had knowledge that he was
participating in criminal activity in the United States. For example, in the
Neteller IPO Prospectus, the Board of Directors of Neteller PLC, including
LAWRENCE, collectively states that criminal laws exist in the United States that prohibit persons from promoting certain forms of gambling; criminal laws exist in the United States that prohibit the transmission of funds that are known to have been derived from criminal activity or are intended to promote criminal activity; that to date most of the criminal prosecutions related to online gambling in the United States have been limited to cases where assets or relevant individuals are located in the United States; that the Neteller Group does not maintain offices or assets in the United States; and that there can be no assurance that the government of the United States will not try to prosecute the Neteller Group under existing or future federal laws. WHEREFORE, deponent prays that a warrant be issued for the arrest of the above-named individual and that he be arrested and imprisoned or bailed as the case may be.
________________________________
MARYANN GOLDMAN
SPECIAL AGENT
FEDERAL BUREAU OF INVESTIGATION
Sworn to before me this day of January 16, 2007
________________________________
UNITED STATES MAGISTRATE JUDGE
SOUTHERN DISTRICT OF NEW YORK

I don't think Neteller is going to stop. I can understand stopping the Instapay because it goes through your bank account just like your visa and mastercard. Anything to do with banks directly I assume will be shut down. You will still be able to fund Neteller is my guess just not directly through your bank. I was expecting this actually and was surprised they hadn't done it yet.

As far as the two guys who USED to be tied with Neteller they haven't been for years is my understanding. So it is things they did BEFORE the ban it seems ... which is kind of strange.

You would think our government would find more important things to go after besides internet gambling funding.

Child pornography sites, porn sites, death threat sites, racial sites, Extremists and terrorist sites. People can fund those sites just fine.... very interesting..

It's only the InstaCash option that's been banned for US customers...

okay all just won 500.00 at virtual casino was going to transfer to neteller wont let me HELP NEED MY MONIES WHAT DO I DO? THX PAMELAS46
pS IN TULSA ,OKLAHOMA,USA

ok so how do we put money in and transfer it if casions can't do it, and we got the big draw wed help geno this is getting worst ty josie46

I'd think using internet banking or depositing with credit/debit card to Neteller is an option and withdrawing with check or to your card...

ty i thought about the neteller card but their 800 # for us wont go through ty josie46