|The US government asked a New York federal judge to grant yet another continuance, according to Peter Neiman, lawyer for NETeller co-founder, Steven Lawrence. The United States Department of Justice brought charges of money laundering and tax evasion, along with those related to illegal gambling, but this is the fourth time the preliminary hearing has been postponed.|
Online poker players and customers making payments to online casinos whose money is being held as ‘evidence’, estimate that they are owed over $3m. Another $52m is also being held in relation to the case.
Pressure groups representing those with funds are growing rapidly, but many are nervous of being charged with gambling online. However, the company has assured them that it is planning some kind of compensation, and faces a June 4th deadline for this. The company will also need to resume trading on the stock exchange by July 16th.
John Lefebvre, who is also being held, and Lawrence established NETeller in 1999.