E-gold in Hot water with the feds
 

WASHINGTON ? A federal grand jury in Washington, D.C. has indicted two companies operating a digital currency business and their owners on charges of money laundering, conspiracy, and operating an unlicensed money transmitting business, Assistant Attorney General Alice S. Fisher of the Criminal Division and U.S. Attorney for the District of Columbia Jeffrey A. Taylor announced today. The four-count indictment, handed down on April 24, 2007, and unsealed today, charges E?Gold Ltd; Gold & Silver Reserve, Inc.; and their owners Dr. Douglas L. Jackson, of Satellite Beach, Fla.; Reid A. Jackson, of Melbourne, Fla.; and Barry K. Downey, of Woodbine, Md., each with one count of conspiracy to launder monetary instruments, one count of conspiracy to operate an unlicensed money transmitting business, one count of operating an unlicensed money transmitting business under federal law and one count of money transmission without a license under D.C. law.

That ship is going down, fast.

Ouch.. Seems like a technical lawsuit through some loopholes.. seems like these guys would have done something to protect themselves from such a downfall.

finally ... i remember when epass had problems how many people said that egold is the option ... lol guys where you are?

damn that sounds fucked up :(

get yer Gold and run fer da hills.

i actually used egold last 2003. Its being used mainly by get paid to read email webmasters etc etc. still got $8 on my account

Its more used by scammers and russians who don't want to get caught for shadey shit. Atleast thats the only people I have ever seen use it.

I always thought they were some basement underground company in a dif country.

i signed up for it but never used it

If you want a legitimate replacement for e-gold that you can trust, use http://www.goldmoney.com/

right

http://www.gofuckyourself.com/showthread.php?t=729531

E-gold as option?Right,it suck one way or another.

Never liked e-gold anyways. Always reminds me of those HYIP scams and sites that try to copy 12DailyPro. Neteller last month, now e-gold. Anyone
see a pattern here?

Egold has long been a haven for scammers and every type of pyramid scheme imaginable. It was always used by so many foreigners, I just assumed the owners always resided overseas and hidden.

epassporte.com is the best secure system in my eyes, but all those newbie with passwords "1234" bulshitting about them is making not so nice view about them and only stupid problems they must solve :2 cents: i hate to come with cheques to the bank ... go epassporte.com go! :thumbsup