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New Book On The Neteller Founders
Wednesday November 26,2014 : NEW BOOK ON NETELLER FOUNDER
Author examines the life and times of e-processor and wannabe rock star John Lefebvre.
Seven years ago the Canadian founders of the Neteller e-cash processing group, John Lefebvre and Stephen Lawrence, were arrested under intriguing circumstances following a covert investigation by the US Department of Justice as it implemented moves to disrupt the online gambling industry by "following the money trail"
At the time it created major and ongoing headlines until the duo reached an expensive settlement with the authorities and the story dropped off the pages of the mainstream media.
Those interesting times are now relived in a new Amazon-listed book about Lefebvre written by Bill Reynolds and titled "Life Real Loud: John Lefebvre, Neteller and the Revolution in Online Gambling."
The author unveils the other side of Lefevbre the innovative businessman, tracing his development from college days, where he is described as a former president of the University of Calgary Student Union who was "... an articulate, long-haired, dope-smoking, rock-’n’-roll-loving hippie who was generous almost to a fault."
Graduating with a law degree, he subsequently abandoned the profession in favour of an entrepreneurial business and financial career which proved to be a remarkable success.
His passion for rock 'n roll persisted through to 2007 when, at age 55 and with funds generated by his successful business affairs, he hired a top recording studio and backing artists for a fortnight to make some music.
The author examines the development of the Neteller concept and the subsequent disruptions caused by enforcement actions, observing that there was no criminal intent on the part of the founders, who believed on legal advice that they were not breaking any laws, albeit in the legally "grey" environment created by the unique properties of the internet.
And he looks at a very interesting individual, revealing:
"With the profit from Neteller and his stock holdings, he became a multi-millionaire. He started buying Malibu beach houses, limited edition cars, complete wardrobes, and a jet to fly to rock shows with pals.
"When that got boring he shipped his fine suits to charity, donned his beloved t-shirt and jeans, and started giving away millions to the Dalai Lama, David Suzuki and other eco-conscious people, as well as anyone else who might need a pick-me-up.
"And then the FBI came knocking on his Malibu door . . ."
Gambling News :
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
NY Rangers vs. Devils on 12/21 -
When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.
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