Lefebvre posts bail in Neteller case; no word yet on Lawrence

NETeller co-founder John LeFebvre was released today after posting bail in the amount of $5 million.

He appeared before a Los Angeles magistrate Wednesday morning and as a condition of bail was forced to surrender his passport. He must remain in the central district of California except for trips to New York to face trial.

No word yet on fellow NETeller founder Stephen Lawrence, who was also arrested on the same charges in the U.S. Virgin Islands.