Phishing Scams with Neteller

Neteller is one of the most senior and most widely used payment methods in online casinos. The company has a perfect reputation and is renowned for its integrity. Recently, however, people have used the name of Neteller to get private and financial information of the users.

However, Neteller's reputation has not been affected, but this shameful deed is a warning for players in online casinos to avoid any careless provision of their personal information. Neteller attracted the leading players in the gaming industry of online casinos a few years ago. It had numerous account holders that used its services for making deposits at online casinos and online poker rooms. The UIGEA was passed in the second half of 2006. According to it, online casinos and poker games were found to be unlawful. This is common during online casino tournaments.

All financial institutions were forced to prevent deposits to casinos. Rather than jeopardize the global operation through the involvement in legal cases in the United States, Neteller decided to abandon the U.S. market. During this time, Neteller worked with funds deposited by American users. After a delay, Neteller paid its debt with the help of a distribution plan that was approved by the government. Recently, the Association of Offshore Gambling has reported that unknown people have staged a fraud and abused of this company name. They were suspected to be undercover representatives of Neteller that kept in touch with the former account holders in the United States of America. They said that additional amounts were paid to the former owners of the accounts. These payments could only be made if some private financial information in was obtained. Thus, phishing scams were applied to get personal information that could be collected and used later on. Neteller was aware of this and responded quickly. The company turned to all former account holders and calculated their revenue based on the approved distribution plan. Always be careful with online casino tournaments as some things just happen quickly.

Neteller only came back on track in July of last year. It appears that the perpetrators of this fraud have partially succeeded. Also, the numerous warnings on the internet and the security measures taken served for nothing. Players fell victims to their greed despite all of these precautions. Fortunately, conscientious contemporaries passed the message and succeeded in stopping these villains.