EWX Per Alledged Web Reports, Shut/Seized By US Gov.

[deucebag]

Where was Neteller located????? Hint---not in Possum Trot, Kentucky?

Neteller had US bank accounts that they used for US customers.

 

[NASHVEGAS]

Neteller had US bank accounts that they used for US customers.

That was not my question but point known and understood......The company as I recollect ceased trading on it's stock exchange (not a US) for awhile and basically made major operating and other key decisions based on the entire on-going situation(s) at that time which included the arrest by US authorities of 2 former, I repeat, former Neteller executives. In the end this British per se (maybe they were incorporated in Delaware, lol), I repeat British per se company had to settle with the DOJ. Why?

 

[shirlsplay]

when i called last nite to withdraw my money the lady on the phone could not give me a time frame to when they will be able to proccess my money.I just made an appointment with my bank guy yesterday to upgrade my bank acct. and now i can not do that until i get my money from ewallet.what bad timing.

thanks everyone for your input.I can only hope that this matter is taken care of in a timely matter,I WANT MY MONEY!!!!!!!

 

[SlotsLover]

who is steve russo?

Including extradition treaties as in Steve Russo (who got off easily but must be turning State's evidence imo).........Not sure why they have not nailed Calvin yet (as he goes and comes from The Great White North) and those 4 pillars of their respective community(ies) that own both Rival aka Black Chip aka blah, blah, blah as well as all those Rival W/L casinos which some refuse to accept (or sorry to say just innocently do not understand) that they are all one and the same.

Can you tell me who Steve Russo is? Thanks,

 

[NASHVEGAS]

Can you tell me who Steve Russo is? Thanks,

Thanks for catching my error!.......It should have read "Douglas Rennick"......Will see if I still have time to edit. Regardless, my apologies to Steve Russo.

 

[Seventh777]

Jeeeez, this is bad, there are reports out there of EWX taking money out of peoples accounts, and using some casinos to encourage deposits using EWX with outrageous deposit bonuses.

That`s Neteller, Moneybookers (Betfair chargebacks) and now EWX, seems rogue casinos are not the players biggest concern anymore - but e-wallets are.

 

[rockycatt]

Thanks for catching my error!.......It should have read "Douglas Rennick"......Will see if I still have time to edit. Regardless, my apologies to Steve Russo.

Rennick Pleads Guilty
. A Canadian man indicted last year for processing payments for the world's two biggest online poker rooms has plead guilty.

Douglas Rennick, 35, of Alberta, entered his guilty plea today (May 11, 2010) in federal court in New York. Michael Pancer, a lawyer for Rennick, said in court that his client agreed to forfeit $17.1 million and could face a prison term of six to 12 months when sentenced Sept. 15.

Rennick was charged with laundering nearly $350 million in funds for PokerStars and Full Tilt Poker over a two year period from 2007 to 2009.

When asked by U.S. District Judge Sidney Stein to describe his crime, Rennick said, "I had a business that transferred money from offshore gaming sites to American players within the Southern District of New York."

Rennick and his co-conspirators were accused of providing false and misleading information to U.S. banks about the nature of payments being processed by companies under Rennick's control, prosecutors said in the indictment.

Rennick ran such businesses as My ATM Online, KJB Financial Corp., Account Services Corp. and Check Payment Financial Co.

He was indicted almost immediately after Gambling911.com parent company, Costigan Media, filed its Motion to Intervene in order to obtain information found in seizure affidavits related to the freezing of Full Tilt Poker and PokerStars funds last summer.

Christopher Costigan, Gambling911.com Publisher

 

[Stovetopp]

Sorta related
For the paat week QT has this on their ACH deposit

Due to technical issues, ACH is currently unavailable until further notice. You will be notified once ACH is back online. Meanwhile, please consider using our alternate deposit options
Something up

 

[LHofsdal]

WHAT?

Seventh777, where did you get that from? Can you post a link? That is rediculous!!! How can anyone access their account to make a purchase?

LH

 

[blacklabrador]

I refuse to use 3rd parties to make purchases. With English Harbour and Riverbelle, I only use my credit card. I don't want to use a 3rd party and HOPE that they send me my money when I cash out, thats ridiculous. Both casinos gladly wire money to my bank accounts with no problems at all. Why roll the dice with these scumbag 3rd parties? If it comes down to it and you cant play online, save up for a couple weeks and go enjoy a night at the local B & M casino.

I had 4 grand tied up for 2 weeks when the USA passed that ridiculous law, and I was pissed off for 2 straight weeks wondering if I would get my money. I eventually did but I will not put myself through that frustration again. On top of that, QT is a friggen ripoff. Crooks.

 

[rockycatt]

i recently made a small deposit at tilt and they presented a proxy check

so why cant the others ,well they probably will get around this till its adopted as in EU

 

[Seventh777]

Seventh777, where did you get that from? Can you post a link? That is rediculous!!! How can anyone access their account to make a purchase?

LH

A few personal accounts here.

You do not have permission to view link Log in or register now.

Also try googling E-wallet Express fraud, etc, etc.

 

[nisosbar]

That was not my question but point known and understood......The company as I recollect ceased trading on it's stock exchange (not a US) for awhile and basically made major operating and other key decisions based on the entire on-going situation(s) at that time which included the arrest by US authorities of 2 former, I repeat, former Neteller executives. In the end this British per se (maybe they were incorporated in Delaware, lol), I repeat British per se company had to settle with the DOJ. Why?

As I recall, due to the fact that Neteller is publicly traded, and that a criminal conviction has all kinds of legal implications for publicly traded corporations, Neteller was obligated to settle, and that there were no ifs, ands or buts about it.

 

[Seventh777]

That was not my question but point known and understood......The company as I recollect ceased trading on it's stock exchange (not a US) for awhile and basically made major operating and other key decisions based on the entire on-going situation(s) at that time which included the arrest by US authorities of 2 former, I repeat, former Neteller executives. In the end this British per se (maybe they were incorporated in Delaware, lol), I repeat British per se company had to settle with the DOJ. Why?

Neteller are now based in the Isle of Mann...

External relations and security


Under British law, Mann is not part of the United Kingdom. However, the UK takes care of its external and defence affairs, and retains paramount power to legislate for the island.There are no independent military forces on Mann; there was a (now disbanded) Manx Regiment of the Territorial Army (United Kingdom) from 1938 which saw extensive action during World War II. There is an independent Isle of Man police force, which is controlled directly by the Isle of Man Government, but which nonetheless voluntarily submits to inspection by the UK inspectorate of police.

Citizenship
The cover of an Isle of Man passport


Citizenship in Mann is governed by UK law. Passports issued by the Isle of Man Passport Office say "British Islands - Isle of Man" on the cover but the nationality status stated on the passport is simply "British Citizen". Although Manx passport holders are British citizens, because Mann is not part of the European Union, those without a parent or grandparent either born or resident for more than five consecutive years in the UK do not have the same rights as other British citizens with regard to employment and establishment in the EU. Isle of Man passports can be issued to any British citizen in Mann (whether or not that person has "Manx status" as an Isle of Man worker under the local Isle of Man employment laws). They can also be issued to Manx-connected British citizens residing in the UK or any of the other Crown Dependencies.

European Union

Mann holds neither membership nor associate membership of the European Union. Protocol 3 of the UK's Act of Accession to the Treaty of Rome permits trade for Manx goods without tariffs. In conjunction with the Customs and Excise agreement with the UK, this facilitates free trade with the UK. While Manx goods can be freely moved within the EU, capital and services cannot be. EU citizens are entitled to travel and reside in the island without restriction.

They are no more now a British company than they were when based in the U.S , Although the British do have some say in the islands legislation...

`Whilst remaining a British Crown dependency and part of the British Isles, the Island is not part of the United Kingdom and is internally self-governing, exercising its extensive legislative and political independence through the world’s oldest continuous parliament, the Tynwald`.

Not to re-assuring in today`s climate methinks.

 

[NASHVEGAS]

@7th777........that is why the words "per se" were/was one of Einstein's greatest inventions........Bails me out again

 

[rockycatt]

wow this is getting real scholastical im getting educated prolly get a degree in political science

 

[Seventh777]

@7th777........that is why the words "per se" were/was one of Einstein's greatest inventions........Bails me out again

Ahha, I will see your per se and raise you a Hakim's Razor

 

[greasemonkey]

They are still accepting withdrawals from EWX and still saying "up to 10 biz days"... we will see. I don't want to go through this again (like NT). I'm keeping my fingers crossed.

 

[NASHVEGAS]

Ahha, I will see your per se and raise you a Hakim's Razor

Holy Hakim's Razor with an Irish Bailout, I'm All In...............Checkmate

 

[LHofsdal]

After trying many times this morning to go through live chat and getting the screen to leave a message, I decided to call them. I have over 1,000 dollars in withdrawals that were processed on 11/15 and 11/16 to them. None of which are showing in my account.

I sent e-mails to all these casinos asking for tracking numbers. All of them replied and gave them to me. So I called EWX, and got the answer "Because of the technical difficulties there is no way I can look up the numbers." You can always contact the merchant and have them reverse it."

So I asked "If we as customers can not do anything with our account, and you as the provider can not look up or do anything with our accounts, how is a merchant supposed to reverse a transaction that is already in your account? If these so called technical difficulties that you have been having for almost a week now prevents anyone, including yourself, from doing anything with my account." Total silence came for the CSR at that point.

I then ask if I were to make the 5 hour trip to Canada to get my money would I be able to clean my account then.

I get this reply: "No, we don't do personal withdrawals, and if we are still having these technical difficulties there would be nothing we can do."

So now I am a little annoyed. So I ask "When am I going to be able to clean out my account. Surely, there has to be a time frame you can supply to me."

I get this reply:"There is no way of knowing how long it is going to take to resolve this issue."

No I am really annoyed, so I ask this "It is all over the internet that your funds were seized by the US Government, can you atleast answer me honestly here and let me know if that is the truth. EwalletXpress is holding over 10 thousand dollars of mine hostage." Again, total silence.

He than asked "Is there anything else I can you with today"My reply, "You call your answers to me Help, I hate to see what you consider ignoring someone" He hung up. Imagine that.

It doesn't look good, but someone on another forum had a valid point, when the DOJ took over Neteller, it was all over the news, and internet, but this is very quiet if it is infact true.

LH

 

[all4greed]

When I asked about withdrawing a couple days ago, the person flat out told me they were not doing any transfers due to their upgrade. But I still see that some customers that have asked get told a different answer at times implying that the money can be withdrawn.

I'm surprised live chat is up considering they have no answers. Why do they even bother to ask if they can help with anything else at this point?

 

[felicie]

After trying many times this morning to go through live chat and getting the screen to leave a message, I decided to call them. I have over 1,000 dollars in withdrawals that were processed on 11/15 and 11/16 to them. None of which are showing in my account.

I sent e-mails to all these casinos asking for tracking numbers. All of them replied and gave them to me. So I called EWX, and got the answer "Because of the technical difficulties there is no way I can look up the numbers." You can always contact the merchant and have them reverse it."

So I asked "If we as customers can not do anything with our account, and you as the provider can not look up or do anything with our accounts, how is a merchant supposed to reverse a transaction that is already in your account? If these so called technical difficulties that you have been having for almost a week now prevents anyone, including yourself, from doing anything with my account." Total silence came for the CSR at that point.

I then ask if I were to make the 5 hour trip to Canada to get my money would I be able to clean my account then.

I get this reply: "No, we don't do personal withdrawals, and if we are still having these technical difficulties there would be nothing we can do."

So now I am a little annoyed. So I ask "When am I going to be able to clean out my account. Surely, there has to be a time frame you can supply to me."

I get this reply:"There is no way of knowing how long it is going to take to resolve this issue."

No I am really annoyed, so I ask this "It is all over the internet that your funds were seized by the US Government, can you atleast answer me honestly here and let me know if that is the truth. EwalletXpress is holding over 10 thousand dollars of mine hostage." Again, total silence.

He than asked "Is there anything else I can you with today"My reply, "You call your answers to me Help, I hate to see what you consider ignoring someone" He hung up. Imagine that.

It doesn't look good, but someone on another forum had a valid point, when the DOJ took over Neteller, it was all over the news, and internet, but this is very quiet if it is infact true.

LH

So did you go back to the 'merchants' and ask them to reverse them? I sure would.

 

[LHofsdal]

I really believe that this "Techincal Difficulty" exuse is bogus. If they were having these technical glitches, then why can I still log into my account and pull up all the information on all the transactions that were done up until the 15th in the late afternoon?

At 8:30 am I had a deposit made from Aladdins Gold casino to my EWX account for 1,000 dollars. It went through. At 8:35am I had a withdrawal from High Noon that was processed for 180 dollars, that is still not showing up in my account. At 11:24 am I made a deposit at Inetbet for 100 for my hubby, that was taken from my account. All this information is still on my account. IF they are having so many technical problems, doesn't it sound odd that I can still access my account and get this information.

I am just saying, but the silence from EWX speaks loud and clear to me.

LH

 

[Pinababy69]

It is the Neteller issue all over again. The rep for the Main Street group of casinos posted on the GPWA confirming that funds have indeed been seized by the US DoJ. I also spoke to a couple of operators yesterday who confirmed it as well. They have been notified of the seizure, and that is why EwalletExpress was removed as an option in cashier interfaces.

In the case of some operators, we are talking enormous amounts of money that they may never see again. The good operators who are solvent, and prepared for things like this, won't let it affect their day to day business. But for other less savoury operators, this could be the perfect excuse for them to delay payments, claim processor issues, etc. Similar to what happened when Mastercard levied all the fines against processors who were miscoding transactions. And for operators who relied heavily on EWalletExpress, and run on a shoestring to begin with....this could be trouble for them. I don't mean a few thousand bucks....I mean large sums.

I feel horrid for any of the US customers who have money tied up in there. If it plays out even remotely close to the way Neteller did, it could be months, or upwards of a year before any of you see a cent. And the merchants may never get their money back...probably won't in fact.

This is a perfect example also of why some casino operators would rather not market to the US player base. It makes their processor, and the ewallet companies who work with them....a target.

For those of you in the US who are now frantically searching for other deposit options....be very careful. I see lots of posts from players looking for a way to deposit, but very few who seem just as concerned about withdrawal options. Make sure you have a way to get your money, should you win. And be wary of new ewallets that may pop up now...solely to take advantage of gamblers who are desperate to play. Do your homework.

This really sucks for some of you with large amounts tied up. I hope it gets settled faster than Neteller did.

 

[Seventh777]

Holy Hakim's Razor with an Irish Bailout, I'm All In...............Checkmate

Damn I walked straight into that .