Online Poker News Blog

Neteller Settles with DOJ

Well it looks like the Neteller fiasco will finally come to a close as the payment processor has reached an agreement with the Department of Justice. They will forfeit $136 million to the United States. They will also return $60 million to customers that have had their money frozen along with the companies assets when the DOJ was investigating them.

More Neteller Announcements:

• Following this resolution, the Company will seek to publish its audited annual accounts for 2006 and have its shares restored to trading on AIM as soon as practicable thereafter.
• The Company is using its best efforts to allow withdrawal requests as soon as possible and US customers will be able to sign in to their NETELLER account to request the withdrawal of their funds by no later than 30 July 2007. The exact date upon which US customers will be able to make requests will be communicated to US customers via email and through our website.

Full press release at the Neteller group