Dear E David,

Hello to all my friends at the University of Waterloo in
Canada.

No, I don't think it very likely that golden-escrow.com is
legitimately an escrow company.  For example, their domain
registration, which I obtained from whois.opensrs.net or
thereabouts, says the domain is registered to an entity
based in Puerto Rico.  But the web site says the company
is based in Shaker Heights, Ohio.

I don't know of any legitimate escrow service which claims
to have close ties to e-gold.  I do think the Davis Companies
has an escrow service, though.  The Davis Companies is an
exchange provider of e-gold, but that doesn't create "close
ties."  The close ties claim is suspicious, at best.

Did the seller of the product you are seeking nominate 
golden-escrow.com as escrow agent?  That would be another
strong indication you are being scammed.  The buyer is
the one to nominate escrow, not the seller.  Escrow is
designed to protect the buyer.

Then we have dates to consider.  The web site says it was
created in 1998 and updated since.  But the domain was
created 10 June 2002.  Very recently.  This strongly suggests
to me that golden-escrow is just the latest in a series of
names, and that we've seen this web site under some other
URL, such as g1-escrow or gold-escrow or whatever.

The iCop log is notably not an active link.  As I recall,
iCop sites are supposed to link to a certificate page on
teh iCop site.

An even more disturbing development is the use of e-Bullion's
logo.  I wonder if e-Bullion knows about this site's use of
their trademarked and copyright logo text and URL.

Oh, curious.  On the fees.html page, the iCop logo links to
the e-Bullion site.  

Well, I can't prove that these people are scammers.  But,
it looks and smells a lot like all the other escrow fraud
we've encountered in the last few months.  I would not
recommend that you do business with these people.

What are you buying, anyway?  The patter is typically that
someone is selling a laptop or a plasma hi-def TV, and has
a really great offer, only takes e-gold or GoldMoney 
(or, now, e-Bullion?) and insists on one of these escrow
fraud sites.  Then you buy the gold, from a perfectly 
legitimate cambist, and you spend it to the escrow site,
in excess of the amount you were expecting to pay for the
item you want.

Instead, I suggest that if you really want to experience
commerce with the gold economy, go to 
  http://goldbarter.com/  or
  http://bananagold.com/ and see what they have for sale.

Bananagold will let you buy anything on the Amazon.com site
with e-gold or GoldMoney.  GoldBarter will let you buy or
sell anything with e-gold or GoldMoney.

Be careful out there.  Caveat emptor, caveat vendor.

Regards,

Jim
 http://cambist.net/


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