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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)
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 2007-05-02
Anonymous (5 replies)
Re: Re: Re: E-Gold charged with money laundering 2007-05-14
Anonymous (1 replies)
Re: Re: Re: Re: E-Gold charged with money laundering 2007-05-20
Anonymous
Back in the late nineties e-gold was a safe place to conduct business, but in the last 2-3 years many folks were scammed by the so called hyips. I spend $5000 and my money went...God only knows where...the transaction was not even listed in the transaction history of my e-gold back office, and my account was wiped out. All e-gold could say is that they blocked the account that siphoned and redirected my money, but I would have to get a court order before they can reveal who stole my money. They could not help me further; I would have to get a court order. On the other hand I have NEVER lost a dime via Western Union or PayPal. My money goes from point A to point B with no problem. So I strongly disagree with anyone who compares e-gold to Western Union or Paypal.

A great many innocent people will get hurt if e-gold is shut down completely, and I feel for them, but for folks like me (WE ARE IN THE THOUSANDS) I say good riddance to e-gold

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Link to this comment: http://www.securityfocus.com/comments/articles/11462/34583#34583
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