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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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Re: E-Gold charged with money laundering 2007-05-01
Matthew Murphy
The point is to shut down these unlicensed quasi-legitimate business like eGold, which have insufficient safeguards to impede widespread criminal laundering, and force the crooks to places with more monitoring and more evidence retention. It's all about making the money traceable, not eliminating t...

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