Now Citadel is in the DOJ cross hairs
18.05.2007It appears that Citadel Commerce is the latest online processing company to be targeted by the US Department of Justice, following a past involvement in the global online gambling industry.
Following a preliminary statement last month (April) the company has revealed that some $9.25 million of online gambling merchant's reserves in its care have been seized by the US Department of Justice.
Earlier reports recorded similar actions taken against the Optimal group regarding two of its subsidiaries.
Citadel spokesmen revealed that $941 000 of the funds seized by the Department of Justice is capital belonging to the company, and that negotiations with Justice officials are ongoing.
"The company is continuing to work with the DoJ through its legal counsel to resolve the situation," a company statement advised.
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