[Big Razorback]

Anyone know the latest info on Neteller?


Thanx


Big

[homedog]

...

MON JULY 2 NETELLER PRESS RELEASE

--------------------------------------------------------------------------------

Press Release
Update on US Situation Regarding Former Directors


Monday, 2 July 2007 - NETELLER Plc (LSE: NLR), the independent global online payments business, today issued the following statement regarding the announcement on Friday 29 June 2007 by the United States Attorney's Office for the Southern District of New York (USAO) regarding Mr Stephen Lawrence and Mr John Lefebvre, two of the Company's former directors and founder shareholders.

According to the USAO announcement, Mr Lawrence has pleaded guilty to a charge of conspiracy in connection with his role in NETELLER's prior involvement in handling financial transactions between gambling customers in the United States and offshore internet gambling businesses. In relation to this charge, Mr Lawrence also admitted to allegations requiring him to forfeit at least US$ 100 million. The USAO further announced that the case against Mr Lefebvre is still pending.

Other than as shareholders, neither Mr Lawrence nor Mr Lefebvre has any current position with or connection to NETELLER.

NETELLER is continuing to cooperate with the investigation being conducted by the USAO, under the advice of its legal advisers and in accordance with court orders in the Isle of Man. As announced on 4 June 2007, the Company is in discussions with the USAO for the purpose of resolving the investigation and has advised the USAO that it will use its best efforts to resolve the investigation no later than 13 July 2007. The Company does not currently believe that these developments will delay its efforts to resolve the investigation by that date.

The Company's ordinary shares will continue to be suspended from trading. Further information will be announced as and when it becomes available.


About the NETELLER Group
Trusted by millions of consumers in over 160 countries to move and manage billions of dollars each year, the NETELLER Group operates the world's leading independent online payment business. The Group specializes in providing innovative and instant payment services where money transfer is difficult or risky due to identity, trust, currency exchange, or distance. Being independent has allowed the Group to support thousands of retailers and merchants in many geographies and across multiple industries.

[pags11]

an utter and complete scam...

[Big Razorback]

So after July 13th at the earliest? I thought we would start getting money BY July 13th?



thanks

Big R

[increasedodds]

I doesn't take a rocket scientist to know who is wrong here, and it aint Neteller... a stellar company with 10 years of doing things right...

Sean

[Big Razorback]

I think the prob is the USA, but I was really wanting some insider info on the payment time.. I need some MONEY!!