NETeller to Pay Back Funds?

AddThis Social Bookmark Button Online money transfer firm NETeller PLC Group said it has signed agreements with each of the US Attorney's Office for the Southern District of New York and Navigant Consulting Inc to enable the company to return funds to its US customers.

It said it expects to announce a plan within the next 75 days for distribution of these funds.

While seemingly good news, affected customers are advised to investigate further.  Unfortunately, customers of defunct BetonSports were promised something similar.

The good news is that NETeller - unlike BetonSports - continues to operate overseas in Europe and Asia without any type of service interruption. 

Gambling911.com will be measuring customer feedback related to this news throughout the course of the day.

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Gambling911.com News Wire

Originally published March 21, 2007 10:53 am ET