IN THIS SECTION
What's New!
Welcome back! We've been on a bit of an extended vacation since our original launch back in 2006. There have been quite a few developments within the online gambling industry since then and now is as good a time as any for us to pick up where we left off. Stay tuned, we are working as fast as we can to keep you as informed as possible.
by: InfoPowa
ex-Neteller exec makes humiliating entry to US Virgin Island court
One of the more distressing images generated by the vast media coverage on the arrest of two Neteller ex-directors on money laundering charges this week concerned the arrival in a US Virgin Islands court of Canadian citizen Stephen Lawrence, who had earlier been arrested by FBI agents on the island of St. John.
Reports painted a picture of the wealthy Canadian businessman being led into court in ankle chains, and prompted questions as to whether this sort of humiliation was really necessary for someone who has thus far not been accused of violent crime or tendencies to escape.
The 46 year old retired Neteller founder was arrested on the island of St. John on Monday on a warrant from the U.S. Attorney's office in New York, said FBI agent Donald A. Neily.
District Court Judge Geoffrey Barnard said he intended to set bail at $5 million at a hearing Thursday, and it is anticipated that this will be accompanied by restrictions on travel outside the US as was the case with his co-accused John Lefebvre in a New York hearing earlier this week, where he was released on similarly hefty bail.
