NETeller Funds Being Held by FBI? - GoFuckYourself.com

Daruma · 02-02-2007, 03:44 PM

NETeller funds are being held in court as potential evidence, FBI Agent Neil Donovan told USA Today. Some customers may get their money back, but he did not provide a timetable.

The federal crackdown on online gambling has tied up the funds of thousands of U.S. patrons of two of the largest services.

The crackdown on BetOnSports, which no longer takes sports wagers from the USA, and Neteller - an Internet payment service popular among gamblers - is intended to put a dent in the $10.6 billion industry.

And it has: Following federal charges against executives from both companies, dozens of the more than 2,300 websites that service online gambling have stopped taking U.S. wagers.

Still, the actions against BetOnSports and Neteller have left the online accounts of their U.S. customers frozen until legal issues are resolved.

"The truth is that the money is in limbo and the companies are not required to refund any money until a successful prosecution or settlement takes place," says Michael Tew, principal of gaming consultant CapitalHQ. "This could take years." Funds from other gambling sites are not tied up, Tew and others say.

Most U.S. customers of BetOnSports have been waiting to cash out money in their accounts since July, when a federal grand jury issued a 22-count indictment charging CEO David Carruthers with racketeering, conspiracy and fraud. BetOnSports handled $1.77 billion in bets during its 2005 fiscal year, with more than 90% of wagers from the USA. An attorney representing the company declined to comment.

http://www.gambling911.com/NETeller-...BI-020207.html

directfiesta · 02-02-2007, 03:51 PM

Are they holding only money from US customrs ( which is quite OK since it is their law...) or all money including foreign customers ?

FuqALot · 02-02-2007, 03:52 PM

They are only holding money from US people.

FuqALot · 02-02-2007, 03:53 PM

Fiesta, if you are in the US, you just need to find someone out of the US and peer to peer to him, then let him wire it to you. I believe peer to peer is still possible for US people.

directfiesta · 02-02-2007, 03:55 PM

Quote:

Originally Posted by FuqALot

Fiesta, if you are in the US, you just need to find someone out of the US and peer to peer to him, then let him wire it to you. I believe peer to peer is still possible for US people.

Not in USA and I don't gamble online.

I like the gold old bricks and mortar Casinos

FuqALot · 02-02-2007, 04:00 PM

Quote:

Originally Posted by directfiesta

Not in USA and I don't gamble online.

I like the gold old bricks and mortar Casinos

Ya me too. But I figured maybe you're an affiliate. I heard many affiliates not able to get their money either.

woj · 02-02-2007, 04:01 PM

sucks to be involved in gambling now a days...

Pleasurepays · 02-02-2007, 04:08 PM

Quote:

Originally Posted by FuqALot

Ya me too. But I figured maybe you're an affiliate. I heard many affiliates not able to get their money either.

thats life. anyone that didn't know the risks, deserves to get burned. i am not saying Bush is right or wrong or that the law is right or wrong... just saying the threat was there and everyone tried very hard to rely on safety in numbers.

wait until Epassporte accounts get froze for the exact same reasons. then people will have something to really bitch about.

marzzo · 02-05-2007, 05:27 PM

Quote:

Originally Posted by FuqALot

Fiesta, if you are in the US, you just need to find someone out of the US and peer to peer to him, then let him wire it to you. I believe peer to peer is still possible for US people.

Nope, peer to peer transactions have been halted too.

Jman · 02-05-2007, 05:43 PM

Holy fuck that's sucks.

If someone needs a canadian neteller id to work with until this shit sorts out hit me up.

I've had a neteller id for years now.

chupacabra · 02-05-2007, 07:30 PM

Quote:

Originally Posted by Pleasurepays

thats life. anyone that didn't know the risks, deserves to get burned. i am not saying Bush is right or wrong or that the law is right or wrong... just saying the threat was there and everyone tried very hard to rely on safety in numbers.

wait until Epassporte accounts get froze for the exact same reasons. then people will have something to really bitch about.

++ quoted for truth, got my funds out two weeks ago before all these "problems" came up about people receiving their withdrawals in a timely manner... maybe they are already feeling the heat, i mean their isn't much difference between what them and netteller have been dabbling in (although epassporte has their hand in two dirrty cookie jars compared to netteller, porn and gambling!)..

reynold · 02-05-2007, 08:43 PM

Now... why doesn't this surprise me?

Any webmaster mess around with e-gold? Here's a newsflash.... Don't!

Greg MissionD · 02-05-2007, 08:56 PM

Did epassporte not just start doing gaming transactions?

chupacabra · 02-05-2007, 08:58 PM

Quote:

Originally Posted by Greg Gaskell

Did epassporte not just start doing gaming transactions?

definitely didn't just start, hit google for epassporte and poker or the like, you'll see they are quite entrenched in this mess... although they refuse to address their position or how our funds are safe when we all see what is happening w/ neteller!

transparency is a good thing when it comes to people playing w/ your money..

Webby · 02-05-2007, 09:04 PM

Quote:

Originally Posted by chupacabra

transparency is a good thing when it comes to people playing w/ your money..

Totally dumb and heads-in-the-sand at the choices by webmasters as to who holds their money. Even in the adult industry, if stuffed under a microscope and examined by lawyers - some of what are known as "big names" in transaction processing would not stand up for five seconds - it's a joke.

02-02-2007, 03:44 PM	#1
Daruma Confirmed User Join Date: Nov 2002 Location: PandaLand™ Posts: 3,494	NETeller Funds Being Held by FBI? NETeller funds are being held in court as potential evidence, FBI Agent Neil Donovan told USA Today. Some customers may get their money back, but he did not provide a timetable. The federal crackdown on online gambling has tied up the funds of thousands of U.S. patrons of two of the largest services. The crackdown on BetOnSports, which no longer takes sports wagers from the USA, and Neteller - an Internet payment service popular among gamblers - is intended to put a dent in the $10.6 billion industry. And it has: Following federal charges against executives from both companies, dozens of the more than 2,300 websites that service online gambling have stopped taking U.S. wagers. Still, the actions against BetOnSports and Neteller have left the online accounts of their U.S. customers frozen until legal issues are resolved. "The truth is that the money is in limbo and the companies are not required to refund any money until a successful prosecution or settlement takes place," says Michael Tew, principal of gaming consultant CapitalHQ. "This could take years." Funds from other gambling sites are not tied up, Tew and others say. Most U.S. customers of BetOnSports have been waiting to cash out money in their accounts since July, when a federal grand jury issued a 22-count indictment charging CEO David Carruthers with racketeering, conspiracy and fraud. BetOnSports handled $1.77 billion in bets during its 2005 fiscal year, with more than 90% of wagers from the USA. An attorney representing the company declined to comment. http://www.gambling911.com/NETeller-...BI-020207.html __________________ RIP TD

02-02-2007, 03:51 PM	#2
directfiesta Too lazy to set a custom title Industry Role: Join Date: Oct 2002 Location: Montreal, Quebec Posts: 29,684	Are they holding only money from US customrs ( which is quite OK since it is their law...) or all money including foreign customers ? __________________ I know that Asspimple is stoopid ... As he says, it is a FACT ! But I can't figure out how he can breathe or type , at the same time ....

02-02-2007, 04:01 PM	#7
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	sucks to be involved in gambling now a days... __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

02-05-2007, 05:43 PM	#10
Jman Too lazy to set a custom title Industry Role: Join Date: Sep 2003 Location: Canuckstikan Posts: 22,769	Holy fuck that's sucks. If someone needs a canadian neteller id to work with until this shit sorts out hit me up. I've had a neteller id for years now. __________________ email: [email protected] Best AI Affiliate Program We also do WL at $0.00 upfront costs FantasyXXX.AI Teams: jean.francois.laverdiere TG: @jman1216

02-05-2007, 08:56 PM	#13
Greg MissionD Confirmed User Join Date: Apr 2005 Posts: 4,866	Did epassporte not just start doing gaming transactions? __________________ ICQ:119936

02-02-2007, 03:52 PM	#3
FuqALot Confirmed User Join Date: Dec 2001 Location: Malibu Posts: 3,817	They are only holding money from US people.

02-02-2007, 03:53 PM	#4
FuqALot Confirmed User Join Date: Dec 2001 Location: Malibu Posts: 3,817	Fiesta, if you are in the US, you just need to find someone out of the US and peer to peer to him, then let him wire it to you. I believe peer to peer is still possible for US people.

02-05-2007, 08:43 PM	#12
reynold Too lazy to set a custom title Join Date: Oct 2002 Location: Global Traveler Posts: 51,271	Now... why doesn't this surprise me? Any webmaster mess around with e-gold? Here's a newsflash.... Don't!