Wednesday, February 07, 2007
In a comment to Super Sunday's post on the Bush Administration's "port security-related" crackdown on Internet gambling, a professional gambler reports that "thousands of professional gamblers (like myself) have a good deal of money that is frozen indefinitely in Neteller accounts pending resolution of this 'investigation'."
The Register filed this short report on the matter today:
The FBI has frozen access to Neteller accounts as part of its ongoing investigation into the company.An earlier story from USA Today goes into still more detail, including this:
Neteller provides electronic wallet services which were popular with gambling sites because they allowed US residents to gamble without using credit cards which would give away their home addresses - most gambling sites took this action to try and stop US citizens using their services.
According to USA Today, FBI agent Neil Donovan said the funds were being kept as evidence. He told the paper some customers may get their money back.
An update on the Neteller website warns US members that it can no longer accept their funds or transfer them to gambling sites. The site also says it will no longer accept US residents as new members of Neteller. The company has also stopped peer-to-peer transactions.
US authorities arrested two former executives of the company in January. They were charged not under new US legislation, but for "conspiring to transfer funds with the intent to promote illegal gambling".
The two are due to appear in court 14 February in New York.
The company is based in the Isle of Man and is regulated by the Financial Services Authority. [bold added]
"The truth is that the money is in limbo and the companies are not required to refund any money until a successful prosecution or settlement takes place," says Michael Tew, principal of gaming consultant CapitalHQ. "This could take years." ... [bold added]Got that? The same wartime President, George W. Bush, whose administration recently pressured Kenya to release Sheikh Sharif Ahmad, whom we had just helped capture in Africa, is going to put the lives of some of those he has sworn to protect on hold for years. Wage war against America in the name of your religion and get a slap on the wrist. Gamble for a living and get your assets frozen for the sake of a religious prohibition against betting. And, to add insult to injury, you are being yanked around because of a law passed for the alleged purpose of fighting the war!
Were our President only so effective at waging war against the Islamofascists as he is at tyrannizing some of his own citizens! Unfortunately, he is not and cannot be, since he thinks that religion is the "bedrock" on which America was founded.