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Guilty Plea by Ex-Neteller Exec

Posted Jul 11, 2007 12:58 PM CDT
By Debra Cassens Weiss

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A second executive with Neteller Inc. has pleaded guilty to conspiracy for transferring gambling proceeds.

John Lefebvre, former president of the company, entered his plea yesterday in Manhattan federal court, the Wall Street Journal reports (sub. req.). He also agreed to cooperate with a federal probe of online gambling.

Company founder Stephen Lawrence pleaded guilty to conspiracy last month.

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