Dublin-based online betting site Intrade has warned customers that it may have to enter liquidation after discovering a US$700,000 shortfall in funds to cover customer deposits.
Intrade director Ronald Bernstein said “it appears that the company is in a cash ‘shortfall’ position of approximately $700,000 when comparing all cash on hand in company and member bank accounts with member account balances on the Exchange system".
“If the company is not able to rectify this cash shortfall [...]
