Police Detain NETeller Founders
By Jeremy Kingsley
The online gambling industry has been shaken once again after news emerged late last night that the founders of NETeller, John Lefebvre and Steve Lawrence, have been detained in the US.

It is believed but not confirmed, that the two men have been detained but have as yet had no charges filed against them. The company, based in the Isle of Man, calls itself the ‘world’s largest independent money transfer business’ and last year took revenues of around $172 million.

Point-Spreads.com reports that Lefebvre is likely to have been apprehended at his wife’s residence in Southern California, and Lawrence is believed to have been taken from a residence in New York. Both men were founders of the company who worked within it at least up until November 2005, with Lawrence acting as Chairman of NETeller up until October 2005.

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