Online Casino e-Wallet Founders Await Their Fate
By Miriam Habtesellasie
The US Attorney’s Office for the Southern District of New York has made a firm decision to extend the deadline on whether to indict NETeller founders Stephen Lawrence and John Lefebvre.

The owners of the leading gambling e-wallet were charged with transferring billions of dollars in illegal gambling earnings earlier this year, but will now not face court until March 16, 2007.

The pair was arrested on January 15, 2007, immediately after the FBI froze all of Neteller's US customer's accounts in a swift move designed to retain the accounts as evidence in any prospective charges against the company.

Customers of the online gaming world’s most high-profile payment processor will now have to extend their reserves of patience for at least another month before the process of recovering their money can begin.

A posting on the company's website said, “As a result of the restrictions placed by third parties, court-ordered seizures and related legal concerns, Neteller is unable to make payments to U.S. customers.”

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