E-gold in Hot water with the feds - GoFuckYourself.com

Probono · 05-02-2007, 07:40 AM

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.

The Duck · 05-02-2007, 07:43 AM

That ship is going down, fast.

MerlinK · 05-02-2007, 07:52 AM

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

TeenCat · 05-02-2007, 08:31 AM

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

madawgz · 05-02-2007, 10:57 AM

damn that sounds fucked up

Big_Red · 05-02-2007, 10:58 AM

get yer Gold and run fer da hills.

goldmine · 05-02-2007, 11:18 AM

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

ztik · 05-02-2007, 11:21 AM

Quote:

Originally Posted by goldmine

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.

DateDoc · 05-02-2007, 11:22 AM

i signed up for it but never used it

dready · 05-02-2007, 11:25 AM

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

Barefootsies · 05-02-2007, 11:53 AM

right

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

Klen · 05-02-2007, 11:56 AM

Quote:

Originally Posted by TeenCat

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

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

Devin · 05-02-2007, 12:10 PM

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?

lazycash · 05-02-2007, 12:17 PM

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.

TeenCat · 05-02-2007, 12:21 PM

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

i hate to come with cheques to the bank ... go epassporte.com go!

05-02-2007, 07:40 AM	#1
Probono Confirmed User Join Date: Oct 2002 Location: Under the Rainbow Posts: 2,731	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.

05-02-2007, 07:43 AM	#2
The Duck Adult Content Provider Industry Role: Join Date: May 2005 Location: Europe Posts: 18,243	That ship is going down, fast. __________________ Skype Horusmaia ICQ 41555245 Email [email protected]

05-02-2007, 07:52 AM	#3
MerlinK Confirmed User Join Date: Dec 2004 Posts: 453	Ouch.. Seems like a technical lawsuit through some loopholes.. seems like these guys would have done something to protect themselves from such a downfall. __________________ I buy domain names - if you're selling a .com with traffic, please ICQ me 313-846-394

05-02-2007, 08:31 AM	#4
TeenCat Too lazy to set a koala Industry Role: Join Date: Jan 2007 Location: CZ/EU forever! Posts: 16,139	finally ... i remember when epass had problems how many people said that egold is the option ... lol guys where you are? __________________ 6bot / Coming again very soon! Svit Zlin Radio 24/7!

05-02-2007, 10:57 AM	#5
madawgz 8.8.8.8 Industry Role: Join Date: Mar 2006 Location: Noordermarkt Posts: 30,509	damn that sounds fucked up __________________ TAEMDLRMSKRJIXMRLSMRJ.

05-02-2007, 10:58 AM	#6
Big_Red Confirmed User Join Date: Jun 2006 Location: Do you care? Posts: 4,147	get yer Gold and run fer da hills. __________________ 60% Revshare. http://www.boobycash.com We got the boobs and the cash! ICQ 198-580-197 24/7 support

05-02-2007, 11:18 AM	#7
goldmine Confirmed User Join Date: Jan 2005 Location: USS Enterprise Posts: 952	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

05-02-2007, 11:22 AM	#9
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	i signed up for it but never used it __________________

05-02-2007, 11:25 AM	#10
dready Confirmed User Industry Role: Join Date: Oct 2002 Location: Toronto, ON Posts: 5,247	If you want a legitimate replacement for e-gold that you can trust, use http://www.goldmoney.com/ __________________ ICQ: 91139591

05-02-2007, 11:53 AM	#11
Barefootsies Choice is an Illusion Industry Role: Join Date: Feb 2005 Location: Land of Obama Posts: 42,635	right http://www.gofuckyourself.com/showthread.php?t=729531 __________________ Should You Email Your Members? Link1 \| Link2 \| Link3 Enough Said. "Would you rather live like a king for a year or like a prince forever?"

05-02-2007, 12:10 PM	#13
Devin Confirmed User Join Date: Jan 2007 Posts: 121	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?

05-02-2007, 12:17 PM	#14
lazycash Troll Patrol Industry Role: Join Date: Aug 2002 Location: Local Socal Posts: 15,214	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.

05-02-2007, 12:21 PM	#15
TeenCat Too lazy to set a koala Industry Role: Join Date: Jan 2007 Location: CZ/EU forever! Posts: 16,139	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 i hate to come with cheques to the bank ... go epassporte.com go! __________________ 6bot / Coming again very soon! Svit Zlin Radio 24/7!