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Funds are Out But Heed Warnings

Neteller has officially announced that the wait is over for online casinos players that have had their account funds frozen for nearly seven months now. The e-wallet is now out of investigation with the U.S. Attorney’s Office, and part of the deal to end the debacle was to release the $94 million in funds to the internet gamblers patiently (and not so patiently) waiting for their monies. Of note which most who are following the Neteller investigation are aware of, Neteller will not be paying interest on any of the funds. And though most online casino players jut can’t wait to see their funds back into accessible accounts, Neteller warns patience and caution as the funds are released.

The company released the warnings for two main reasons, one- thousands of U.S. online casino gamblers had frozen accounts with Neteller are also anxiously awaiting the release of funds. Neteller urges patience a the funds will all be released as quickly as possible over a couple of days, but it won’t happen instantly for everyone. Players who do not have their funds by the end of the first day of release should not worry – they will get their monies eventually.

And the second reason is equally important, online casino players may be victims of phishers if they do not use caution when transferring funds out of their accounts. The release of funds is international news which means that hackers everywhere are ready to victimize careless players. Account holders may experience long wait times when logging into the Web site, but just wait and be use caution says company spokespersons.

The CEO of Neteller also commented on the release of funds to online casino gamers, he also notes on where Neteller is going from here. He says, "We are very pleased to start the funds distribution process today. I can assure our US customers it has been our highest priority and we'd like to thank them for their patience during this period. The implementation of this plan marks another major step forward in the Company's recovery strategy".