[x]Blackmoor Vituperative

Wednesday, 2007-01-17

US affirms role as world policeman

Filed under: Society — bblackmoor @ 17:55

Two former directors and founding shareholders of Neteller, a British online money transfer company, have been charged in the United States with laundering billions of dollars in illegal gambling proceeds.

[…]

Shares in the Neteller, which has grown fast with the rapid rise of online gambling, closed at 176 pence ($3.43) on Monday, valuing it at about $415.4 million.

The company’s shares have fallen 60 percent since early September, hit by the arrests in the United States of executives from British companies involved in online sports betting and the passage in October of a U.S. law barring banks from transactions involving Internet gambling.

(from ZDNet, Neteller founders face money-laundering charges)

You think this is fair and just? Just wait until you are found guilty of a crime in some other country for doing something perfectly legal here in the USA.