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  #1  
Old 03-09-2007, 11:02 AM
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NETeller mounts defense with big guns

Neteller hires high powered U.S. lawyers

March 9, 2007
Online-Casinos.com

With plenty at stake, Isle of Man e-wallet hires the world's biggest legal firm.

NETeller is starting to show some public signs of mettle after weeks of being perceived as allowing the U.S. Department of Justice to stomp all over it despite its Isle of Man registration as a financial institution and UK stock market positioning.


According to a news report in Legal Week, the British e-wallet has hired the professional services of Clifford Chance - arguably the world's biggest law firm.


LW reports that the legal company now has teams in both New York and the British Isles working on the NETeller-U.S. DoJ issue, which started in January when the American authorities arrested two Canadian founding fathers of NETeller in the States, despite the fact that these individuals no longer held any executive positions of authority with the company.


The two men have yet to be brought to trial, but the arrests triggered an immediate and what is widely perceived to be unnecessarily subservient reaction from NETeller, which barred US transactions to online gambling sites and froze the accounts of US players. Later reports suggested that the e-wallet was cooperating fully with visiting Department of Justice officials. The company also suspended trading in its shares on the London AIM market, a situation still pertaining.


Legal Week reports that John Carroll and Warren Feldman will be NETeller's counsel in the United States, with David Lewis and Jenine Hulsmann working on the case on the other side of the Atlantic in the UK.


The head of enforcement at Clifford Chance, Carlos Conceicao will counsel NETeller on Financial Services Authority matters.
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Old 03-09-2007, 11:58 AM
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yea well i wish theyd pay me off
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Old 03-09-2007, 12:05 PM
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I have a question....Are there any other methods of depositing funds into a sportsbook other than Visa and Mastercard. Seems like my credit card is being rejected all of a sudden

Thanks
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Old 03-09-2007, 12:06 PM
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Quote:
Originally Posted by cram9016
I have a question....Are there any other methods of depositing funds into a sportsbook other than Visa and Mastercard. Seems like my credit card is being rejected all of a sudden

Thanks

epassporte is one ive used
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Old 03-09-2007, 01:26 PM
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can that be used instantly or does it have to be mailed to me first before i can use it?
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Old 03-09-2007, 01:47 PM
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Western Union should always work. It sucks eating the fees I never liked it because it always made me feel like I was paying double juice just to wager. Most will reimburse over $3 bills but thats free play. Its not cash in my wallet whether I won or lost money in my hand will always hold a higher value.
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Old 03-09-2007, 10:19 PM
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back to original topic,

Cudo`s to Neteller for jumping in with both feet, stomp the doj.

Now I realize that alot of you American`s are pissed at Neteller for not paying out, but you should remember that it was the DOJ that froze the funds and Im sure that Neteller`s legal advice was to keep operations as usual when it came to their european acc.`s their asain acc.`s their canadian acc.`s etc.etc. You must operate as if you have NOT broken ANY laws, percieved legal or not.
So by having all you people pissed at Neteller, the doj is sitting back and letting you fight half their battle for them with your anger.

LOL as Jack has posted I may regret posting this.
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