[pokerpal]

Originally Posted by vinylweatherman

If that is the case, then peer to peer is laundering irrespective of country. This would imply that Neteller don't worry that peer to peer can be used for laundering in other countries; besides only certified accounts can use peer to peer, which means Neteller know exactly who the source and recipient accounts belong to, so all paths are traceable.

Neteller are doing their best to be unhelpful, as one player who asked for a list of non-gaming merchants was told to try Google (as though Neteller had no idea who it's own merchants were).
My theory is that Neteller are wanting the money trapped for the present, as this in some way is beneficial to them in the short term. When they are good and ready, they will make an announcement as to what is going to happen. What is forgotten is that the money tied up is NOT stolen, it belongs to the account holders, and current behavoiur is in stark contrast to the advice given to customers who claim to have had their Neteller funds removed by fraudsters - Neteller then claimed that there was nothing they could have done, and it was the users fault for allowing their logon details to leak, and where money had already gone Neteller denied it could do much about recovery from even a MERCHANT. Now, all of a sudden, they can put whatever blocks and checks on account activity they can think up pretty much instantly - so much for being "unable to......".

I am certain that when the full story is known, it will prove that some customers were deliberately mislead in an effort to either prevent them taking a course of action early enough, or to influence them into taking a course of action that made things easier for Neteller.

In regard to the peer to peer thing. Essentially the netteller facility would be used to assist members to transfer funds to non american member then that member would post it to the casino/poker site and put it under the US members name again. Things like this would p|ss off the DOJ. My guess the reason they cannot share info on merchants is due to the fact that its favouring one merchant over the other, perhaps it was some agreement that they have with all the merchants, who knows. Im sure this was a long standing rule. The US government is powerful I sure wouldnt mess with it. As I have said before, the DOJ is doing a great job at killing a good service's credibility. For years I have been hearing netteller offers top notch service until all this crap starting going down when the bill got signed, and firepay left the US market. Im sure phishing had alot to do with accounts being hacked, just like the many paypal and bank email reminders advising me to click on links and "verify info".