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Location: Lansing, Michigan, United States

I play my poker at Full Tilt, Poker Stars and Absolute Poker as LZFSB3. I golf at Prairie Creek Golf Course and carry an 11 handicap.

Wednesday, March 21, 2007

Neteller News

There is some new news from Neteller and we may be getting our money back, although a long way down the road. The article, NETELLER Takes Positive Step Towards Returning US Customers’ Funds states, in part:

Wednesday, 21 March 2007 – The NETELLER Plc Group (LSE: NLR), the leading global independent online money transfer business, today announced that it has signed agreements with each of the United States Attorney’s Office for the Southern District of New York (“USAO”) and Navigant Consulting, Inc. (“Navigant”).
On 8 February 2007, the Group announced that it was in discussions with the USAO to manage an orderly return of funds to US customers and that it was contemplated that a forensic accounting firm would be engaged, at the Group's expense, to assist in this process and to examine the Group's financial position.
The Group is pleased to announce that on 20 March 2007, it signed agreements with the USAO and Navigant which, among other things, outline terms and a timeline under which NETELLER will work toward the orderly distribution of funds to its US customers. Per the agreements, the Group anticipates that within the next 75 days it will announce a plan by which the funds will be distributed to US customers. Navigant will also provide a report to the USAO on the Group’s current financial condition.


I can afford to wait. I just hope to have my money by the 4th of July. That gives them 75+ days to get my money back to me.

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