Neteller has Bailed

Discussion in 'Blackjack Events (Online Casinos)' started by leilahay, Jan 17, 2007.

  1. leilahay

    leilahay Member

    Noticed this evenng that Bet21 only requires 12 players now for a tournament to run and thought that was kind of curious. Found out by going to my account that Neteller is no longer available for US players. No problem getting money out of Neteller or Bet21 (they'll send a check) but will have to find another way to put $ in.
     
  2. ptaylorcpa

    ptaylorcpa Member

    Recommendations

    Any recommendations on another service provider? Neteller worked really well, hate to see it quit.
     
  3. wBill

    wBill New Member

    A very small ray of hope at Neteller today Jan23

    I have money tied up in Neteller. I have a withdrawal from Jan15 that hasn't made it to my bank. This is over a week. Usually took 2-3 days. maybe it took 5 days one time in the past.
    Then I had a pending deposit from jan15 that has long since cleared my bank, but Neteller left it pending, blocking me from withdrawing the remaining balance. As you remember, you cannot withdraw more than the amount of pending deposits.
    These deposits NEVER take more than 3 or 4 days. Well the pending transaction finally cleared today allowing me to clear out my final withdrawal.

    BUT NONE OF MY WITHDRAWALS HAVE MADE IT TO MY BANK.:mad:
    I received funds from an EFT withdrawal from Jan14 that made it into my bank on Jan 16. (two days EFT turnaround) but the EFT withdrawal from the next day has yet to clear. This is 8 days. Now they tell me it is in "trust"
    So no money has moved since Neteller Stock Trading was suspended, but today at least they cleared my pending deposit.


    :eek: Today, I get the following message (warning):

    At this time, our ability to provide US members with withdrawals is significantly reduced due to circumstances outside of our control. We are working to resolve all withdrawal issues, but in the meantime we continue to maintain these funds in trust on your behalf until we can clear the backlog.
    -----------------------------------------------
    further reasons to worry:
    ------------------------------------------------
    Why were the founders of your company arrested?

    Although we can confirm that Steve Lawrence and John Lefebvre were detained separately while in the United States, we do not know the details surrounding the detention and cannot provide more clarification. We can confirm that both individuals are no longer employees or board members of NETELLER and have not been involved in the day-to-day running of the company for a number of years. The Company has no direct relationship with these individuals today other than as shareholders.

    Why was NETELLER stock suspended from trading?

    As a precautionary measure, we asked the London AIM Stock Market to temporarily suspend trading in our shares, effective January 16, 2007. We requested this action to help protect all shareholders from any negative impact the recent detentions might have until more facts are known. Once we understand the situation in greater detail, we will ask the AIM to allow our shares to trade again.
     
  4. wBill

    wBill New Member

    Canadian provider myATMonline moving backwards

    In the absence of Neteller access, I opened an account at the Canadian money launder: myATMonline.com on Jan 17
    I set up a link to a bank debit Visa card and the rate was lower than Neteller for fast cash. The next day, they quit taking Visa cards, but I could still do bank transfers to fund my acct. Then I won bit and when I went for withdrawal, I found that the only bank transfers were to CANADIAN bank accounts ONLY.
    Whoa
    They never stated that disclaimer on the way in. So, my other alternative was to have paper check (cheque, cute) mailed to me. I could choose 21 days delivery for $10 or 2 day Fedex for $50. WTF.........it gets better.
    Today the fees have been raised to $15/$60.
    Troops are amassing at the border in preparation of a northern invasion.
    I can hardly wait for tomorrow's news.
     
  5. pergo56

    pergo56 Member

    Amassing at the border!

    "Oh what a tangled web we weave, When first we practise to deceive" -Sir Walter Scott

    Money laundering and now Loan sharking! :eek:

    DRP
     
  6. leilahay

    leilahay Member

    Neteller Withdrawal

    Have you tried putting it on neteller debit card? That is how I got my $ out. I'm willing to pay the $2.00 fee to have my $ in cash within 15/20 minutes. (Up to 1000 per day of course). This was still working yesterday. My neteller account is cleaned out. Steve is on the way to the bank to get the rest of his out now.

    As far as withdrawing from Bet 21, my last withdrawal, before the neteller debacle, took 8 days, and I agree with Rando, that is ridiculous. From now on, will have to request a check, which Thrasht tells me works just fine.

    BTW, my credit cards don't work either? Didn't really need to fund right now, but tried just to find out. Any other ideas?
     

Share This Page