Apparently the “best efforts” of NeTeller to pay back US customers is still not good enough.

As promised, NeTeller did make an announcement today, July 13 regarding the distribution of funds to its US customers. The Press Release stated: “The Company believes that it is making significant progress towards achieving a resolution and hopes to be able to announce this within a number of days.”

So we sit and wait for a company to tell the world what it has taken over six months to accomplish. NeTeller has been very tight lipped about the tens of millions of dollars that they are holding as well as the DOJ involvement in the distribution process. So far, no industry insider has been able to get any information that is not available to the general public and over a million Americans have been left in the dark. We will all have to wait as further information will be communicated to US customers via email, through their corporate website (www.neteller-group.com) and through a press release, which we will post, once the date for implementation of the plan is finalized.