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Old 02-06-2007, 01:57 PM
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Feds freeze access to Neteller; funds kept as evidence; some may get money back

http://www.theregister.co.uk/2007/02...ller_accounts/
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Old 02-06-2007, 02:06 PM
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Re: Feds freeze access to Neteller; funds kept as evidence; some may get money back

Utterly rediculous.
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Old 02-06-2007, 02:07 PM
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Re: Feds freeze access to Neteller; funds kept as evidence; some may get money back

Boy am I glad I got my money out well in advance of this mess. It would not be fun to have your money in limbo and not knowing if you are going to get it back. Hopefully no CTers had large amounts in Neteller.
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Old 02-06-2007, 02:09 PM
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Re: Feds freeze access to Neteller; funds kept as evidence; some may get money back

Too much FUD here.

They are basically quoting a USA Today article that also had a decent amount of FUD in it. The USA Today article kind of blended the whole Neteller and BetOnSports cases together and such.
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Old 02-06-2007, 02:09 PM
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Re: Feds freeze access to Neteller; funds kept as evidence; some may get money back

Still don't see how they can do this unless neteller was stupid enough to keep their funds in a US based bank. Glad I regularly flushed my neteller account though!
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Old 02-06-2007, 02:18 PM
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Re: Feds freeze access to Neteller; funds kept as evidence; some may get money back

Quote:
Originally Posted by JM
Still don't see how they can do this unless neteller was stupid enough to keep their funds in a US based bank. Glad I regularly flushed my neteller account though!
As if something benign like "We are a different country with our own government and rules." Has stopped the US Feds before.

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Old 02-06-2007, 02:20 PM
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Re: Feds freeze access to Neteller; funds kept as evidence; some may get money back

Quote:
Originally Posted by OnTheButton
As if something benign like "We are a different country with our own government and rules." Has stopped the US Feds before.

Yeah, that's just crazy talk!!
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Old 02-06-2007, 06:53 PM
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Re: Feds freeze access to Neteller; funds kept as evidence; some may get money back

Quote:
...some customers may get their money back.
That sounds bad. Emphasis mine.
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Old 02-06-2007, 07:47 PM
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Re: Feds freeze access to Neteller; funds kept as evidence; some may get money back

Man, Uncle Sam is cracking the whip. I don't see where the US government have the right to do this. I can see taking action against US citizen and residents but against a company that has no bases in the US?
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Old 02-06-2007, 07:47 PM
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Re: Feds freeze access to Neteller; funds kept as evidence; some may get money back

That doesn't convey security when it comes to Neteller though. I flushed mine regularly too on those rare occassions that I used it. Yet I am still out over $1100. There is something very suspicious about all of these Neteller related issues and I believe they are far from a mere coincidence.
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Glad I regularly flushed my neteller account though!
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