http://www.gambling911.com/NETeller-Fou ... 11507.html

The two founders of online gambling payment solutions NETeller were arrested in Los Angeles and New York, respectively, today, according to reports surfacing Monday afternoon Gambling911.com has learned.

John Lefebvre and Steve Lawrence, both of Canada, were taken into custody early Monday morning while in the United States. Charges have not been filed yet.

Neither men have been involved with NETeller for a few years now, though it is not known if they are still receiving an "income" from the company.

NETeller is a publicly traded company based out of Isle of Man and is the largest online gambling money processor.

The detention of both men indicates a prolonged investigation dating back several years. It is not known why either were traveling in the United States at the same time transferring through two different airports. Nor is it known at this time if the two men are being detained for anything having to do with their involvement in NETeller.

Lefebvre, a former hippie, started the hugely successful company with Steve Lawrence in 1999 but retired in 2002 in Costa Rica.

It has since been learned that Steve Lawrence served as Chairman of Neteller until October 13, 2005.

"He (Lawrence) resigned and both men have substantial holdings of stock as well," another source disclosed to Gambling911.com Monday evening.

Lawrence has reportedly resided in the US since a bill was passed to curb some forms of online gambling.

It is not known how this latest event will impact NETeller or its stock once it begins trading again on Tuesday. Most of NETeller's executive team have shied away from traveling within the United States.

Gambling911.com will continue to monitor this story as it develops.

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Ok So whats the #2 best payment processor, click 2 pay?

gonna need to set that up soon enough.

Guess everyone should keep an eye out for any emails from NT over the next few weeks to see if they take the same road Firepay did.

echecks are tite but read the cashout policies pretty carefully, they are whack, at least at stars and PX- i forget how it works, shit like you MUST cashout via echeck for the amount that you bought in with, then additional cashouts go through other deposit methods unless those methods are for some reason not available, etc, and even then emails have to go back n forth to geti t done, blah blah. Echeck is tite and its free, but the way its being administered is a hassle... Im shure theres some legal aspect to it (prolly like anti-money laundering typea laws if i had to guess) - but NT shure doesnt have any restrictions whatsoever that i can tell, and good ole IGMpay on party was an echeckin type thing, and that was totallyunrestricted too....Echecks arent like that- i do usem though tho and they are kinda tite, but id say you oughta read the TOS carefully..