from the justice-is-served dept
What does it take to avoid the wrath of the US government and its war on online gambling? In the case of NETeller, the online payment service that helped many US citizens fund online gambling accounts, it only needed to
pony up $136 million, before being let on its way. By forfeiting that money and admitting guilt, NETeller can now resume business, provided it doesn't facilitate online gambling any more. Unfortunately, the
company's founders weren't so lucky, as they'll be doing time for the crime of running the business. The settlement is also good news for customers in the US who have seen their money frozen on the site. With the settlement, NETeller is
now clear to disburse the money back.
Filed Under: gambling
Companies: neteller