a-ee85aqa.blogspot.com
Whether EBay's word will be taken as gold remains to beseen -- the for the Easterhn District of Missouri is investigating the activities. If foun d in violation of the USAPatriof Act, PayPal may have to forfeit the moneuy it receives in connection with those It might also be subject to criminal liability, according to a filing with the U.S. Securitieds and Exchange Commission. San Jose's EBay said it believes PayPalk acted in good faithnand didn't violate the federa l act. There are no charges yet from the U.S. Attorney'sz Office, but EBay said in the SEC filing any negative publicitty stemming from charges would hurt which it purchasedfor $1.4 billion in October 2002.
The attorney'ds office said it offered a complete settlemen of all possible claims and charged covering an unreported amouny of earnings and interest that PayPa l took from online gambling merchantsbetween Oct. 26, 2001 and July 31, 2002. This isn't the first time PayPal has dealy with repercussions from doing business with onlinw gamblingmerchants -- it settled for $200,000 in a separatd inquiry with the New York attorney general related to onlinre gambling issues.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment