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NETeller Co-Founders Hearing Now Postponed Until May 16

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  • NETeller Co-Founders Hearing Now Postponed Until May 16

    Peter Neiman, lawyer for NETeller co-founder Stephen Lawrence, has advised that another continuance is now scheduled for May 16 to determine if both his client and another founder, John Lefebrve, will be indicted by the US government.

    This would mark the fourth time in so many months that a continuance has been granted in this case.

    Games and Casino spoke with Mr. Neiman Wednesday, who confirmed the extension to May 16.

    Rumors abound of an April 27 rescheduling, but the May 16 date makes the waiting even longer.

    Both Lawrence and Lefebrve were arrested in mid-January and charged with racketeering and money laundering for their role as founders of third party payment processor, NETeller. The US government argues that NETeller worked almost exclusively within the online gambling industry.

    The online gambling industry was hopeful that a positive outcome in this matter would help boost morale, not to mention gaming shares.
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