|
PokerPages > Poker News > Poker News
Poker News - Poker News
Search News:
NETeller to Announce Plan to Refund Online Poker Players' Funds within 75 daysWed, Mar 21st, 2007 @ 12:00am NETeller, the leading global independent online money transfer business, today announced that it has signed agreements with each of the United States Attorney's Office for the Southern District of New York ("USAO") and independent firm Navigant Consulting, Inc. ("Navigant") which will enable them within the next 75 days to announce the plan by which funds will be distributed to US customers, including frustrated online poker players. On 8 February 2007, the Group announced that it was in discussions with the USAO to manage an orderly return of funds to US customers and that it was contemplated that a forensic accounting firm would be engaged, at NETeller's expense, to assist in this process and to examine the NETeller Group's financial position (click here to read related PokerPages article). On 20 March 2007 NETeller signed agreements with the USAO and Navigant which, among other things, outline terms and a timeline under which NETeller will work toward the orderly distribution of funds to its US customers. Per the agreements, NETeller anticipates that within the next 75 days it will announce a plan by which the funds will be distributed to US customers. Navigant will also provide a report to the USAO on NETeller Group's current financial condition. "We continue to be committed to returning funds to our US customers and working with the US Attorney's Office," said Ron Martin, Group President and CEO. "Progress, while not always visible to the outside observer, has been steady and these agreements mark a milestone in the process." NETeller is continuing to cooperate with the USAO's investigation, under the advice of its legal advisers and in accordance with court orders in the Isle of Man. Further updates with relation to the US situation will be made as soon as there are any material developments. Meantime, US customers should visit updates.NETeller.com for more information, which includes newly updated FAQs. These FAQs will provide additional clarity, where the Group is able, around certain issues currently being raised in a number of public forums. Additionally US Customers can contact NETELLER Customer Service on the web at http://web.netteller.com/content/en/contact_index.htm or by phone at 1-888-258-5859. Read Related Articles:
More Poker News Articles
Local Businessman Bags European Poker Tour Vilamoura Bling The European Poker Tour rolled into the Casino Vilamoura last week, instantly generating the richest poker prize pool in the nation of Portugal's history.
Keikoan Captures Harvey's Lake Tahoe WSOPC Championship This week marked the finale of the biggest annual tournament series in Northern Nevada, the WSOP Circuit championship at Harvey's Lake Tahoe. While the Main Event saw only a modest turnout, it did boast of a tough final table, and a WSOP bracelet owner as the eventual champion.
WSOP Main Event Champ Joe Cada to Appear on Letterman The poker world will receive some late night attention tonight as "The Kid" Joe Cada, the youngest champion in the four decade history of the World Series of Poker Main Event, takes a seat next to embattled talk show host David Letterman.
First Korean Champ of Asia Pacific Poker Tour Crowned in Cebu Another stop on the Asia Pacific Poker Tour is in the books, this time it's the APPT Cebu in the Philippines, and for the very first time a Korean player has come out on top.
Pollack Done as Commish of World Series of Poker Just three days after crowning Joe Cada as the 2009 Main Event champion, officially closing the special 40th anniversary run of the World Series of Poker, Jeffrey Pollack has resigned his post as Commissioner of the WSOP.
Durrrr Signs as Team Full Tilt's Youngest Member Tom "durrrr" Dwan is the newest member of Team Full Tilt, the online site's highest level of affiliation. At 23, Dwan is the youngest of the now 14-person team. The high stakes cash phenomenon was nominated for induction this year into the Poker Hall of Fame until the Hall of Fame Governing Council decided he was too young to meet the "has stood the test of time" qualification.
Joe Cada Becomes Youngest World Series of Poker Main Event Champ History was made early Tuesday morning in Las Vegas as 21-year-old Joe Cada outlasted Darvin Moon in heads-up play to claim the 2009 World Series of Poker Main Event bracelet and more than $8.5 million.
Moon and Cada Heads-Up, Ivey 7th at WSOP Main Event Final Table After a marathon session at the most esteemed table in the poker world, a 21-year-old and a logger are set to go one-on-one for the World Series of Poker Main Event bracelet.
PokerStars Launches New UK and Ireland Poker Tour PokerStars.com has announced the start of a new poker tour with stops throughout the United Kingdom and Ireland. The UK and Ireland Poker Tour (UKIPT) will kick off in Galway, Ireland in mid-December, and the first event in the UK will be held in Manchester in February.
Peerless Media Agrees to Purchase World Poker Tour Enterprises According to a Monday press release, WPT Enterprises Inc., mothership of the World Poker Tour, is now the rightful property of Peerless Media, Ltd., subsidiary of online giant PartyGaming. |
 Online Poker »
Poker News »
Blog Coverage
Top News
Local Businessman Bags European Poker...
Keikoan Captures Harvey's Lake Tahoe... WSOP Main Event Champ Joe Cada to Appear... Top Tournaments
|
Discuss this article in our forum
Print this article
All Poker and free play poker content ©2009 Advanced Global Applications, LLC. All rights reserved.
If you or someone you know has a gambling problem, visit either: National Council on Problem Gambling or Gamblers Anonymous International Service