NETeller Update for US Customers

Today, NETeller issued a press release that stated (in part) “that within the next 75 days it will announce a plan by which funds will be distributed to US customers”.

Just to make sure everyone understands, it has been two months since NETeller stopped servicing US customers. And now it will be two and a half more months before they announce a plan to pay us. I suspect that the plan will involve another 90 days before we get paid.

So let’s see… what’s 5% interest on the millions that they have in their coffers that they owe to us? I bet it is enough to pay for their legal troubles, at least.