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Thursday, January 18, 2007

Gambling firm founders held

The American authorities have swooped on the founding shareholders of
NETeller, the company which specialises in money transfers between online
gambling sites and players. Stephen Lawrence and John Lefebvre, both former
directors of the firm, were detained in the US yesterday, while travelling
separately. NETeller called for a suspension of trading in its shares as it
revealed the shock development this morning. The online payment group said
neither Mr Lawrence nor Mr Lefebvre has any current position with or
connection to NETeller, other than as shareholders.

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