Since these operations pay zero taxes to Uncle Sam, See what happens

FBI Arrests Former NETELLER Executives – Poker News — FYI.

Two former NETELLER executives were detained while traveling separately through the United States yesterday (Jan. 15) in “connection with the creation and operation of an Internet payment services company that facilitated the transfer of billions of dollars of illegal gambling proceeds from United States citizens to the owners of various Internet gambling companies located overseas,” according to the U.S. Attorney General’s office of Southern New York.

NETELLER suspended trading its shares on the London Stock Exchange in light of the detention of founding members Stephen Lawrence and John Lefebvre. Besides owning stock in NETELLER, the two do not hold any positions with the company.

NETELLER is an “e-Wallet” service that allows people to transfer money directly from their bank accounts to other parties. It’s the main service many online poker players and gamblers use to transfer money in and out of their preferred sites.

found by William Giacona



  1. SirFelix says:

    The US Government makes illegal anything that it cannot tax or control. Las Vegas is ok, lottery is ok, but online gambling is not?
    Netteller is no differnet then Paypal or Western Union.
    Why isn’t online gambling a state decision? If the online gambling community is smart they would start cutting the states in to a piece of the action and things would change real quick.

  2. OhForTheLoveOf says:

    I don’t care if a fool and his money is parted and i don’t care if Uncle Sam gets a slice of pie… But if you can say that riverboat casinos are Okay… If Las vegas and Atlantic City are okay… If state sponsered lotteries are okay…

    Then goddamnit… Net gambling is okay…

    We would be a far better nation if we all just reached a consensus to treat most laws as guidelines rather than absolutes. I mean, there is a limit to the total number of citizens you can arrest before the system breaks.

  3. Peter Rodwell says:

    I mean, there is a limit to the total number of citizens you can arrest before the system breaks.

    Considering all those internment camps supposedly being built in the US, I guess that the limit must be somewhere around 40% of the population, with another, say, 30% to guard them and the rest being mostly lawyers.

    An interesting statistic I read recently (can’t remember where just now): the US has a population of approx. 300 million and the European Union approx. 460 million, yet the US jail population is TEN TIMES that of the EU…

  4. OhForTheLoveOf says:

    #3 – the US has a population of approx. 300 million and the European Union approx. 460 million, yet the US jail population is TEN TIMES that of the EU…

    If that is true, and I see no reason to believe it isn’t, it is a very telling figure.

    Something in America is very, very broken… If I were to hazard a guess, I’d say it isn’t the government so much as it is a population that allows itself to be subserviant to the government rather than asserting itself over the government.

  5. Gig says:

    #4 I may be misunderstanding your logic but would high prison populations mean there are more people NOT being subservient to the government and getting caught at it?

  6. OhForTheLoveOf says:

    #5 – Because people are allowing the government to criminalize activities that should not be illegal… Because people allow prosecutors to measure success by conviction rates rather than justice done (which, yes, I realize is maybe a tough nut to quantify)… Because people allow governments to create penalties that are far greater than the crimes they are for…

    Just three thoughts… But I gotta leave soon… Work day is almost over…

  7. GigG says:

    http://www.ojp.usdoj.gov/bjs/prisons.htm

    Most serious offense Percent of sentenced
    State inmates
    ——————————————————————————–

    1995 2003

    ——————————————————————————–

    Total 100 % 100 %
    Violent 47 52
    Property 23 21
    Drug 22 20
    Public-order 9 7


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