Tag Archives: Stephen Lawrence

Neteller co-founder Stephen Lawrence pleaded guilty to a charge of criminal conspiracy. Lawrence was arrested in January as part of a U.S. crackdown on online gambling.

Posted on June 29, 2007 by Chris F. Masse

Wall Street Journal $$$

Posted in Regulations | Tagged co-founder, NETeller, Neteller co-founder, online gambling, Stephen Lawrence, United States, Wall Street Journal | Leave a comment

NETeller money seized by U.S. prosecutors will be returned to NETeller’s (now, former) U.S. customers.

Posted on March 21, 2007 by Chris F. Masse

Via Fabian John, the Wash Post (Reuters): British payment processor NETeller (NLR.L) said on Wednesday it expected to announce a plan to distribute funds seized by U.S. prosecutors to its U.S. customers within the next 75 days. NETeller quit the … Continue reading →

Posted in Regulations | Tagged Bush, Internet gambling, John Lefebvre, Navigant Consulting Inc, New York, online gambling, online gaming, payment processor, payment processors, President, Stephen Lawrence, United Kingdom, United States, United States Attorney's Office for the Southern District of New York, USD | Leave a comment

TradeSports reincorporates in two, just in time for NETeller’s immolation.

Posted on January 19, 2007 by Alex Forshaw

Tradesports seems to have completed its reincorporation as/ split into two separate entities, Tradesports and Intrade, just in time for the DOJ to immolate the NETeller founders for “conspiring” to enable online gambling. (The founders of NETeller had resigned their … Continue reading →

Posted in All Guest Authors's Posts, Analysis (Industry), Exchanges & Markets, Regulations | Tagged Alex Forshaw, America, bank account, BetOnSports, Britain, California, chief executive, David Carruthers, director of the company, Federal Bureau of Investigation, instant payment services, Internet gambling, Isle of Man, Isle of Man-based, James Doran, Jim Leach, John Delaney, John Ensign, John Lefebvre, Jon Kyl, Justin Wolfers, law enforcement story, London, Malibu, Manfred Bottner, mini-career mining, Neteller Inc, NETELLER Plc, New York, non-executive chairman, non-executive director, Norbert Teufelberger, offshore internet gambling, oil futures, online gamblers, online gambling, online money transfer, online payment services, online payments, Paradise Island, Paul Tetlock, payment services, Peter Dicks, prediction markets, spokesman, Sportingbet, Stephen Lawrence, The Bahamas, the Times, United States, United States Of America, United States Virgin Islands, USD, Virgin Islands | 5 Comments

Using NETeller for TradeSports-InTrade, no more

Posted on January 18, 2007 by Chris F. Masse

Via Niall O’Connor (Betting Market dot com), NETeller: Press Release NETELLER PLC Trading Update 18 January 2007 – NETELLER Plc (LSE: NLR), the leading independent online money transfer business, today issued the following update regarding its position in the US … Continue reading →

Posted in Regulations, Resources - References | Tagged Americas, Asia, ceased processing, e-wallet, e-wallets, Europe, founder, Internet Gaming Enforcement Act, John Lefebvre, NETELLER Plc, New York, Niall O'Connor, offshore online gaming businesses, online gambling merchants, online gambling site, online money transfer, online transactions, Press Release NETELLER PLC Trading, software platform, Stephen Lawrence, United States, US Attorney, USD | 1 Comment

NETeller people arrested. TradeSports people, next??

Posted on January 16, 2007 by Chris F. Masse

The Guardian: The American authorities have swooped on the founding shareholders of NETeller, the company which specialises in money transfers between online gambling sites and players. Stephen Lawrence and John Lefebvre, both former directors of the firm, were detained in … Continue reading →

Posted in Regulations | Tagged CEO, John Lefebvre, NETeller, online gambling sites, Stephen Lawrence, The Guardian, United States | 2 Comments