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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 2007-05-11
Anonymous
Nothing. Operating such a transfer service as eGold without a license is a federal offense, period... regardless of if the transactions are real or electronic.

We aren't looking at the banks because they're lawfully licensed to make such transfers and report required information to the governmen...

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