I am not sure why everyone is getting on the gambling site and neteller. The gaming site will ask for documents when a withdrawal is requested and neteller should have verified everything before any deposits were made to the gaming site.
I don't want to seem insensitive here, but I think the big problem here is this child knew what he was doing. He signed up at a gaming site, he knew he was gambling. After he had lost his savings only then did he go to his parents. If he would have won and then put the money back into his savings account, do you think he would have went to his parents then? Who knows, but I really believe that if he had won he would still be gambling at that gaming site.
Its a hard pill to swallow knowing your under age child was gambling and lost his money, but he had to commit fraud somewhere along the lines to be able to fund and gamble at this site. Thank god it was only 1500 dollars and not thousands. IMO, take this as a lesson and make sure your son earns back every penny he lost, then he might think twice about gambling on line.
I am just sayin'.
LH
PS. It is not uncommon for kids to have such large amounts money now a days, my daughter is 9 and has more in the bank then what some middle class families make in a year. I keep a close eye on her bank accounts, and will until she is old enough to get the money out. And that will not be until she goes to college, and hopefully by then she will be smart with her money.
Does keeping an eye on it mean she has access to it? What would a 9 year old need all this money for? Shouldn't it be in a trust fund somewhere? Or in investments?