January 18, 2007
18-Jan-07. Men caught in U.S. push to crush online gaming. Calgary Herald, A1.
University of Calgary alumni John Lefebvre and a business partner Stephen Lawrence, are accused of funneling billions of dollars in illegal Internet gambling proceeds to overseas betting operations from July 2000 until December 2006 through their online payment company NETeller PLC. Michael Lipton, a Toronto lawyer who specializes in gaming law, predicts the Canadians are in for a fight and are being used as examples by American authorities eager to stamp out online gambling in their country. According to the company’s 2005 annual report, payment services were provided to more than 95 per cent of gaming merchants around the globe, amounting to roughly $7.3-billion in financial transactions.
