|
NEW YORK (AP) - The co-founder of Neteller, which processed billions of dollars in Internet gambling transactions for Americans, pleaded guilty Friday to a charge of criminal conspiracy.
Stephen Lawrence, whose company was once one of the primary ways U.S. citizens placed bets with offshore bookies, acknowledged in a federal courtroom in Manhattan that the operation was illegal.
"I came to understand that providing payment services to online gambling Web sites serving customers in the United States was wrong," he told the judge.
|