Companies
NETELLER funds seized in US
Online money transfer business
NETELLER has had funds
seized by the US attorney’s office for the southern district of New York. This
followed criminal charges being brought against two former directors, Stephen
Lawrence and John Lefebvre.
The company is consequently unable to make payments to US
customers. The funds either seized or restricted were largely in the process of
transfer between the company and its US customers, and NETELLER says they did
not exceed $55m.
NETELLER added that it was in talks with the attorney
general about a return of funds to US customers, and chief executive Ron Martin
said, “The return of funds to our US customers is a top priority for NETELLER”.
While the company stated that it does not believe any
criminal charges have yet been brought against it or its current directors, it
warned that this may happen at some future time. However, NETELLER intends to
work with the attorney general to seek a negotiated resolution of any
allegations relating to its US activities.
Links
NETELLER
US Attorney’s Office for the Southern District of New York
March 2007 |
