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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: Re: Re: E-Gold charged with money laundering 2007-05-02
Matthew Murphy
Assets that are frozen by any federal agency end up in the U.S. Treasury if they're permanently frozen. Put another way, they're liquidated to pay the interest on the U.S. national debt.

DOJ cannot arbitrarily seize assets, either. An asset freeze requires a seizure order from a federal judge, ...

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