Guilty Plea Entered In Neteller Case

2 Jul, 2007 / GamblingCompliance Ltd. / Andrew Gellatly

Stephen Lawrence, co-founder of Isle of Man-based online payment company Neteller, has pleaded guilty to a charge of criminal conspiracy in a New York Court. The outcome of the case, based on charges brought under the 1963 Wire Act, will have profound implications for the online gambling industry.