Sunday, February 04, 2007

Neteller Funds Seized by FBI

We are now totally screwed. Should have set the over/under on this one.

Edit ...Not that I still believe we are not screwed this from the online wire:

Meanwhile Neteller maintains that the company holds all members’ funds (all deposited, in-transit and un-cleared funds) by holding the value in independent trust accounts.
To Neteller’s credit the company would be required to immediately disclose seizure of funds to the Financial Services Authority in the U.K. No such disclosure was reported to date.
Attempts to contact Neteller’s spokespersons have gone unanswered.
Effective January 18 Neteller no longer provides service to US members to transfer funds. Neteller discontinued to process withdrawals on behalf of its U.S. member in the 2 weeks following January 18.
On February 1 Neteller stopped offering its Peer-to-Peer service to US members, the last remaining way for U.S. customers to transfer funds out of their e-wallets.
Neteller maintains that the company holds all members’ funds (all deposited, in-transit and un-cleared funds) by holding the value in independent trust accounts

The whole article is here http://www.theonlinewire.com/articleView.aspx?ID=2352

2 comments:

pokerpeaker said...

This is a mess, but I don't think our government can legally take money that we made before it was illegal. That just seems Draconian to me. I have hope with the thought that it might just take a while, even a couple of months.

CarmenSinCity said...

I hate our government. They are such FUCKS! I want my money dammit! I think it's gone forever.