Sunday, January 21, 2007

Federal prosecutors are keeping up the heat on the two founders of a company
that processes Internet gambling transactions. The two former heads of the
Neteller P.L.C. company have been arrested and charged with laundering
billions of dollars in gambling proceeds. The charges against John David
Lefebvre and Stephen Eric Lawrence are contained in a pair of criminal
complaints unsealed in U.S. District Court this week. Among the claims made
by federal prosecutors is that the men knew when they took their company
public that its activities were illegal. Both men could face up to 20 years
in prison if convicted.