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Reply To: Neteller Plan

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#742423
Anonymous
Inactive

Today, July 13th, was the date mentioned in the previous update for possible release of the Neteller US member funds. Instead, we get yet another postponement of indeterminate length…

Friday, 13 July 2007 – NETELLER Plc (LSE: NLR), the independent global online payments business, today issued the following statement regarding its progress in resolving the investigation by the United States Attorney’s Office for the Southern District of New York (USAO) into the Company.

As stated in the Company’s announcement of 12 July 2007, NETELLER stated that it had advised the USAO that it will use its best efforts to resolve the investigation on or soon after 13 July 2007. The Company believes that it is making significant progress towards achieving a resolution and hopes to be able to announce this within a number of days.

Full press release: http://www.neteller-group.com/press/en/134.htm

Based on the text above, apparently they made an announcement yesterday that still indicated resolution “on or soon after” today. Also on their US update page, I see that US members are no longer able to call their support, instead being forced to use online communications.

This latest twist has me more concerned than I was after the early June announcement. Anyone else think this is getting fishy?