A founder of payment processor NETeller (NLR.L: Quote, Profile, Research) pleaded guilty on Friday to a conspiracy charge over the handling of billions of dollars in illegal gambling proceeds.

Stephen Lawrence, 47, during a hearing before U.S. District Judge P. Kevin Castel in Manhattan, also agreed to cooperate with the government.

Full story:
http://uk.reuters.com/article/intern...38127420070630

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