Why don't all you MM guys solve this whole problem by stating on your
websites if and when ID will be required?
I think you have every right to ask for ID to protect yourselves, but you
also have to respect that account holders have every right to make anonymous
transactions just like when dealing in cash. If you state on your websites
clearly upfront that you will require ID for certain transactions, fine. If
you take people's money then ask for ID afterwards of course they will be
upset and rightly so. If everyone provides open information then the free
market can function efficiently.
offshoresurfer
----- Original Message -----
From: "Eric J. Gaither" <[EMAIL PROTECTED]>
To: "e-gold Discussion" <[EMAIL PROTECTED]>
Cc: "e-gold Discussion" <[EMAIL PROTECTED]>
Sent: 11 May 2001 18:24
Subject: [e-gold-list] Re: Business Express
> Norman,
>
> I am not sure if your situation has been resolved yet, so please
tolerate
> my unsolicited insight.
>
> I personally know Dean Gutch of B.E. Dean is a fair and professional
> businessman. I highly doubt he would risk his business and reputation
over
> $230.48 (wire transfer). It sounds as if he is simply following good
> established business practices.
>
> Most of us Market Makers have been plagued by a recent scam involving
> individuals who lurk about on the auctions sites claiming to sell goods.
> When a "buyer" wins, the crook then directs them to send the money to one
of
> the MM's. The crook then opens a free e-gold account and free e-mail
> account under the victim's name. This information is then sent to the MM
to
> fund this e-gold account. When the payment arrives, the details match,
the
> account is funded and the buyer loses his money.
>
> It sounds like Business Express was simply asking you to verify your
> identity:
>
> that I must fax them
> > my photo ID. I refused that because of privacy reasons and asked them to
> > return me my money instead of funding my e-gold account.
>
> Refusing to validate your identity would also make ME question your
> motives. I have yet to have a *single* client refuse to provide proper ID
> to claim a payment. IF you were concerned about your privacy in the first
> place, I would recommend a currency such as Standard Reserve or OSGold,
not
> e-gold. This due to recent actions by the Secret Service and Postal
> Inspectors who appear to be very interested in the "goings on" of e-gold
as
> of late. (A major Market Maker was arrested and computer equipment seized
a
> few months ago. It is my understanding he has not been charged...but his
> equipment has not been returned.)
>
> Please understand that the very nature of our business (exchanging
*soft
> money* for *hard money*) means the onus of "knowing the endorser" is on
our
> shoulders at ALL TIMES. If you scam Business Express, B.E. has no
recourse.
> E-gold, Ltd. and G&SR have publicly stated (as well as in their User
Agreeme
> nts) they will not intervene in such cases with out a court order. I can
> personally testify to the time and expense involved in obtaining such
> orders. (My last one took FOUR MONTHS and has cost so far $1878.68 USD)
>
> I would have asked you to do the same thing B.E. did. If you buy from
> Gaithmans, we WILL verify your identity. Period. I have lost several
> thousands of dollars in the past to people who claimed they were privacy
> oriented, only to find out they were not the people they claimed to be. My
> Drill Instructor in Boot Camp always said it best:
>
> "Gaithman..you piece of worm excrement, I turned my back for 30 seconds
and
> you fall asleep STANDING UP in my formation! Trick me once, shame on you!
> Trick me twice, and I am a bigger worm turd than you for thinking I could
> trust you! Get down in the FRONT LEANING REST position and let me see you
> fall asleep THERE!"
>
> My point...we (MM's) have "relaxed" our policies in the past just to
> find ourselves out $$$. I, personally, do not want to be a big worm turd
> anymore. I am sure Dean would not either, hence, the request for proper
> identification for funds. I doubt your bank would let you withdraw
$230.48
> (wire transfer) without proper ID. Dean's and my company simply ask the
> same for our protection and that of our clients.
>
>
> I understand your concerns for privacy. I understand your
frustrations
> with the response (or lack of) that you received. Please understand we
are
> at war with criminals, thief's, and ID crooks everyday. We MUST know our
> endorser. It has become the staple of our existence.
>
> By the way, if you will not verify your identity to B.E., how do they
> know you sent the wire in the first place? I can easily obtain a
> transaction code, payment history, and a few other pertinent details and
> convince them I am YOU. Would it be fair for them to turn the funds over
to
> me?
>
> Please visit Gaithmans Fraud Prevention page to learn how to protect
> yourself and your hard earned money in today's crime filled world. If
your
> not careful, you may loose your identity altogether to a thief!
>
> http://businesses.msn.com/GEGE/FraudPrevention.htm
>
> Thanks for listening!
>
> Eric Gaither, President (FORMER worm turd) ;0)
> Gaithmans Gold Nation, Inc.
> (317) 788-8580 Voice
> [EMAIL PROTECTED]
> http://businesses.msn.com/gege/
>
>
> Scammer(s) take notice...the Gold Community is united in seeing your
> demise:
>
> http://www.e-gold.com/pub-bal.asp?pubid=283196
>
>
> ----- Original Message -----
> From: "Norman Disbrow" <[EMAIL PROTECTED]>
> To: "e-gold Discussion" <[EMAIL PROTECTED]>
> Sent: Wednesday, May 09, 2001 3:19 PM
> Subject: [e-gold-list] Business Express
>
>
> > Hello,
> >
> > This is Norman Disbrow.
> >
> > I have been ripped off by Business Express recently.
> > I sent them $230.48 (wire transfer) on 05/02/2001 (a week ago) and my
> > e-gold account is still out of the funds they have to send me.
> >
> > They wrote me that they received my wire transfer and that I must fax
them
> > my photo ID. I refused that because of privacy reasons and asked them to
> > return me my money instead of funding my e-gold account.
> >
> > Since that, they didn't reply me. So they are probably thieves. They
stole
> > my money!
> >
> > Don't use Business Express.
> >
> > Best regards,
> > Norman
> >
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> >
>
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