January 27 - The two founder members of online money payment processing firm,
Neteller, arrested in the United States recently, have vowed to contest the
charges brought against them by the US Justice Department.
Legal representatives of both John Lefebvre and Stephen Lawrence confirmed that
the Neteller ex-directors will be contesting the charges that include conspiracy
to transfer funds in relation to online gambling, a crime that carries a maximum
of 20 years in prison if convicted.
Both men have hired some of the best legal representation money can buy in the
form of Lawrence's law firm, Wilmer Cutler and Lefebrve's 'big gun' Vince
Marella.
While Lefebvre and Lawrence are currently out on bail, a preliminary hearing has
been set for 14th February 2007 by a US judge. Their movements in the interim
have been severely restricted.
Neteller serves as an online money transfer company such as PayPal but focused
mainly on the online gambling community. Up until now, the majority of its
business came from customers based in the United States, although the company
does good business internationally.
