Phishing Scam Makes Use of Neteller Name

Neteller is one of the most respected online payment solutions in the online gaming industry. Neteller enjoys a flawless record and their honesty is unquestionable. But there are some anonymous persons who are making use of Neteller name with the purpose of extracting important financial details. It didn’t affect the reputation of Neteller, but this did come as a warning for all the online players who are actually revealing the information which they should not.

One has to go few years back to have complete understanding of mechanics of Phishing scam. There was a time when Neteller was a famous player in America online gambling industry, having thousands of account holders who used their services to make deposits at various online poker rooms and online casinos. And in 2006 when UIGEA got passed, the online gambling became unlawful. The responsibility was on financial institution to stop the funding of online casinos.

Rather than jeopardizing their operations worldwide by getting engaged in legal cases in America, Neteller chose to leave the American market. After some holdup Neteller finally cleared their debts as per Approved Distribution Plan which bears the approval from American authorities.

Currently according to the reports by Offshore Gambling Association, some unidentified persons have started a scam making use of the Neteller’s name. They are making contact with the old account holders of Neteller and they are asserting to be the delegates of Neteller. According to them, Neteller is ready to pay more sums to their ex American account holders so that the amount can be forwarded. This is purely a phishing scam to take out important details which can be mistreat later on.

Neteller knows about this scam and has responded quickly. Neteller has contacted all ex-account holders of Neteller and has notified them that all the payments were made as per the Approved Distribution Plan. It seems that the people behind this scam have been somewhat successful. In spite of all the cautions which thrive on the internet there are some careless people who give less importance to the safety but on the other hand there are some cautious people too.

The name of Neteller has also been used in the past by the fraud people. In year 2008, some persons had made contact with the customers of Neteller asking them to look for Neteller permission, if they are interested in using the Neteller account away from their original residence. And if they did not do as told their transactions would not be honored. The customers were directed to a link as a part of seeking authorization where the customers had to mention the accounts details of Neteller and their passwords. These details were then used by the fraud people to clear out the accounts of Neteller customers.