Search: Home Bugtraq Vulnerabilities Mailing Lists Jobs Tools Beta Programs
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.

Submit Comment Mode:
Name:
Subject:
Message:
 
  Enter the characters that appear above
 
Re: Re: Re: E-Gold charged with money laundering 2007-05-14
Anonymous
This is absolutely right. Paypal with its 17 billion transactions per year is probably the largest money laundry operations in the world. There customer verfications are a joke!

What does sending 2 small transactions prove that the client is who he claims to be (if he has an offshore bank card...) ...

[ more ]  




 

Privacy Statement
Copyright 2009, SecurityFocus