If Neteller decides to no longer accept US customers based on the new bill, does anyone think there's a chance they might just stiff players and run off with the funds?
-
-
YES
the same chance Jim Carrey had in Dumb & DumberComment -
" So you're telling me there's a chance!"Comment -
Well of course theres a chance of it ronald. Your best bet is to move your money out of neteller before friday, because thats when that bill will be passed the last i heard.Comment -
Originally posted by bigboydan
There is no chance of me doing that.
Comment -
Are you guys serious? If Neteller is going to stiff their customers, then who can you trust to deposit & withdraw funds?Comment -
i know they can say whateve they want in their policies but if you read Neteller's policies, you will see that each customer's money is held in a Trust Account and that they are regulated by the Financial Services Authority in the UK. Like i said, they can say whatever but i have to think that our money is safe in neteller for the time being.Comment -
Neteller is pretty much a bank. You put your money in and then you send it out. I cant see this law creating a Neteller problem. If anything it will probably help them. Although Neteller sends money to the books they are not a book. Thats like saying you cant western union funds to Antigua or Panama or Nicaragua. The Government cant stop us from sending our money out or receiving it back. What they can do is Bust the Owners if they set foot on US soil. They cant eliminate the books from the net and whatever system they come up with... some bright minds have already come up with a solution to. Gambling has been around forever and its not going anywhere now. Keep your funds in the big books and dont worry about it. If Neteller stiffs players and the word gets out any books still open will cease to use this funding method.Comment -
I agree money is safe. Worst case scenario they advise they are closing U.S. accounts on such and such date and to withdraw.
These guys are a public-held company run by guys making millions already. If they stiffed customers, they'd be violating the law and subject to arrest. They won't risk that.
Originally posted by TchockyComment -
I agree with you on Neteller will probably still be around, I think it has the best chance of being sucessful with using credit cards to Neteller though, but with checks and e-checks going to Neteller since it is used for plenty of other purchases around the world, I just don't think that they are going to affected that badly. Lets just see what the Atty. General comes up with when he has to be the one to decide which ones that are blocked in the next 6 months or so. I am sure that they are watching to see where the money is going right now to what also. I think that this law is going to be very difficult to enforce since there is so many ways around it, remember gambling on the internet probably accounts for less than .01 percent of the transacations though the banks in this country, so it is going to be very difficult to enforce, expecially the good old fashioned check that has amounts of less than say $1,000. What I think is going to happen here the limits will be lower of what you can send to these gambling establishments, so it doesn't catch any red flags. That is just my opinion though, we will just have to wait and see what happens next, I am postive of this that the bookmakers of sports, poker, and other casino games already have plans made up to get around this, they already probably do it in other countries that have tried this before. I have always have said they are not stupid people here and they are very smart, they will find a way without a doubt.Comment -
If you read their accounts, they're making an absolute mint. No way will they ever think of shutting down their operations even if they remove the US business. They really do have a licence to print money.Originally posted by Seattle SlewOriginally posted by pags11Originally posted by BuddyBearOriginally posted by curiousComment -
I have to agree with tacomax here that neteller will do whatever it takes to continue to do business in the U.S...Comment
