E-Gold charged with money laundering

E-Gold charged with money laundering
Robert Lemos, SecurityFocus 2007-04-30

UPDATE - Following a two-and-a-half year investigation, federal prosecutors charged online payment service E-Gold, its parent company Gold & Silver Reserve, and its three owners with four counts of violating the U.S. laws restricting funds transfers and money laundering, according to an indictment unsealed on Friday.

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E-Gold charged with money laundering 2007-04-30
Anonymous (2 replies)

Re: E-Gold charged with money laundering 2007-05-01
Anonymous (1 replies)

Re: Re: E-Gold charged with money laundering 2007-05-01
Matthew Murphy (1 replies)

Re: Re: Re: E-Gold charged with money laundering 2007-05-31
Anonymous

Re: E-Gold charged with money laundering 2007-05-01
Matthew Murphy (1 replies)

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Anonymous (2 replies)

Re: Re: Re: E-Gold charged with money laundering 2007-05-11
Anonymous

Re: Re: Re: E-Gold charged with money laundering 2007-06-13
Anonymous

E-Gold charged with money laundering 2007-05-01
Anonymous (5 replies)

Re: E-Gold charged with money laundering 2007-05-01
Anonymous (3 replies)

Re: Re: E-Gold charged with money laundering 2007-05-01
Anonymous (1 replies)

Re: Re: Re: E-Gold charged with money laundering 2007-05-02
Anonymous (2 replies)

Sorry, but the law is pretty clear on the matter. Money transfer services have to register and obtain a license, which involves providing certain reporting assurances to the government which eGold did not. That in itself is a violation of federal law.

eGold's founders knew that, which is why they lied about the physical location of their assets. The facts are also every bit as clear that eGold knew or had reason to believe that dozens of accounts were used for criminal activity and did next-to-nothing to reign in criminal activity.

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Link to this comment: http://www.securityfocus.com/comments/articles/11462/34506#34506

Re: Re: Re: Re: E-Gold charged with money laundering 2007-05-02
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Re: Re: Re: Re: Re: Re: E-Gold charged with money laundering 2007-06-17
Anonymous

Re: Re: Re: Re: E-Gold charged with money laundering 2007-06-13
ukguy

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E-Gold charged with money laundering 2007-06-17
Anonymous

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Re: Re: Re: E-Gold charged with money laundering 2007-05-11
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Re: Re: Re: Re: E-Gold charged with money laundering 2007-05-20
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Re: Re: Re: E-Gold charged with money laundering 2007-06-13
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Re: Re: Re: E-Gold charged with money laundering 2007-08-31
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Re: Re: E-Gold charged with money laundering 2007-06-13
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Re: E-Gold charged with money laundering 2007-05-09
Roland Albert

Re: E-Gold charged with money laundering 2007-08-02
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Re: E-Gold charged with money laundering 2007-10-03
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Re: E-Gold charged with money laundering 2008-02-16
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E-Gold charged with money laundering 2007-05-01
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Re: E-Gold charged with money laundering 2007-05-01
Matthew Murphy (3 replies)

Re: Re: E-Gold charged with money laundering 2007-05-01
Anonymous (1 replies)

Re: Re: Re: E-Gold charged with money laundering 2007-05-02
Matthew Murphy (1 replies)

E-Gold charged with money laundering 2007-06-17
Anonymous

Re: Re: E-Gold charged with money laundering 2007-05-02
Anonymous (1 replies)

Re: Re: Re: E-Gold charged with money laundering 2007-05-02
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hyippers (2 replies)

Re: Re: Re: Re: Re: E-Gold charged with money laundering 2007-05-02
A fellow e-gold account holder

Re: Re: Re: Re: Re: E-Gold charged with money laundering 2007-05-03
Ren Rutledge

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Anonymous (1 replies)

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Matthew Murphy (2 replies)

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Anonymous

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Anonymous (1 replies)

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Matthew Murphy

E-Gold charged with money laundering 2007-05-02
Anonymous (2 replies)

Re: E-Gold charged with money laundering 2007-05-03
Ren Rutledge

Re: E-Gold charged with money laundering 2007-05-03
Matthew Murphy (4 replies)

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Anonymous (1 replies)

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Matthew Murphy (1 replies)

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Anonymous

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Anonymous (2 replies)

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William Albert

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Matthew Murphy (1 replies)

Re: Re: Re: Re: E-Gold charged with money laundering 2007-05-14
Anonymous

Re: Re: E-Gold charged with money laundering 2007-05-14
Anonymous

Re: Re: E-Gold charged with money laundering 2007-06-11
Anonymous

Dollar Falls. Gold Raises. E-Gold Targeted 2007-05-03
Anonymous

E-Gold charged with money laundering 2007-05-03
AnonymousWizbone

E-Gold charged with money laundering 2007-05-03
Anonymous

This is on the MMF Hall of Humiliation's main page: 2007-05-07
BobCat

E-Gold charged with money laundering 2007-05-07
anon

E-Gold charged with money laundering 2007-05-08
Mark Herpel (1 replies)

Re: E-Gold charged with money laundering 2007-05-09
aaaaa

E-Gold charged with money laundering... help 2007-05-09
Anonymous (2 replies)

Re: E-Gold charged with money laundering... help 2007-05-11
Anonymous (1 replies)

Re: Re: E-Gold charged with money laundering... help 2007-05-15
Anonymous

Re: What's going on? 2007-09-02
Dani (1 replies)

Re: Re: What's going on? 2007-10-14
Anonymous

E-Gold charged with money laundering 2007-05-15
DailyEclectic (1 replies)

Re: E-Gold charged with money laundering 2007-05-18
Anonymous

Government Tyranny! ------- E-Gold charged with money laundering 2007-05-19
Anonymous (1 replies)

Re: Government Tyranny! ------- E-Gold charged with money laundering 2007-06-17
LS

Excellent... let's move on to eCache now. 2007-05-21
Anonymous

Guilty: E-Gold or the Gov? 2007-09-16
Anonymous

E-Gold charged with money laundering 2008-02-16
Anonymous

E-Gold charged with money laundering 2008-02-25
Anonymous