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July-10-2007,
NETeller co-founder John Lefebvre pleads guilty to conspiracy charge...By David Stalcup

Not unexpectedly, John Lefebvre followed in the footsteps of fellow co-founder of NETeller Stephen Lawrence and plead guilty to a conspiracy charge before U.S. District Judge P. Kevin Castel during a hearing in Manhattan today.

Lefebvre's plea contained the following statement:

"I eventually came to see that promoting payment services to online gambling businesses serving customers in the United States was wrong."

The conspiracy charge levied against him included:

-transmitting interstate and foreign bets
-promoting gambling offenses
-operating an unlicensed money transmitting business between 1999 and 2007

07-10-07
David Stalcup, Editor-in-Chief, MajorWager.com
MajorWager.com
editor@majorwager.com

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