NETeller Payments Could Take 6 Months: "We Don't Work Weekends"

Understandably, NETeller's resources could have been exhausted for up to two weeks.  Thousands of anxious customers calling all at once to withdraw money.  But Gambling911.com has since been shocked to learn that NETeller representatives are now telling US customers they will have to wait 6 months for payments and that "Nobody works on weekends anymore".

Nobody works on weekends?  As our own Jenny Woo would say: "WTF?"  You would think that the folks from NETeller are working around the clock trying to get these customers paid.  It appears now as if there are no legitimate excuses for the delays.

As such, Gambling911.com is urging all its readers to contact the Isle of Man, where NETeller is licensed to operate.  You can find their information here. The NETeller office is located  at 4th Floor, 1 Circular Road, Standard Bank Building, Douglas, Isle of Man, IM1 1AF.  The Isle of Man has long billed itself as the quintessential jurisdiction for legitimate online gambling related companies to be licensed.

The two Canadian founders of NETeller, John Lefebvre and Steve Lawrence, solutions NETeller were arrested in Los Angeles and the Bahamas, respectively, two weeks ago.  NETeller immediately stopped servicing those individuals living in the US.   While a common source for transferring funds to and from online gambling websites, Gambling911.com has long stopped endorsing NETeller and urged its readers not to keep large sums of money there following passage of a law to curb some forms of online gambling back in October. 

Until just a few days ago, some ATMs were accepting NETeller's own ATM card, but on Friday the company told its US customers the card no longer works for them.  Some US customers are now relying on peer-to-peer transfers with individuals living outside the US.  Gambling911.com urges anyone using the later method to be cautious of who they are dealing with in terms of the peer-to-peer relationship as this concept will most surely lead to numerous scams.

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Christopher Costigan, Gambling911.com

Originally published January 31, 2007 3:31 pm ET