i hope western union and moneygram are next.

as far as i can tell, they're just facilitators for crime.

On Jul 21, 2008, at 5:25 PM, Paul Ferguson wrote:

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>
> Via PC World.
>
> [snip]
>
> E-Gold, an Internet-based payment service, and three owners have  
> pleaded
> guilty to criminal charges related to money laundering, the U.S.  
> Department
> of Justice said Monday.
>
> E-Gold, based in Nevis, West Indies, and corporate affiliate Gold &  
> Silver
> Reserve each pleaded guilty in U.S. District Court for the District of
> Columbia to conspiracy to engage in money laundering and conspiracy to
> operate an unlicensed money-transmitting business.
>
> Douglas Jackson, 51, of Melbourne, Florida, the principal director of
> E-Gold and CEO of Gold & Silver Reserve, pleaded guilty to the  
> charges, the
> DOJ said in a statement.
>
> E-Gold's other two senior directors, Barry Downey, 48, of Baltimore,  
> and
> Reid Jackson, 45, of Melbourne, each pleaded guilty to felony  
> violations of
> District of Columbia law relating to operating a money transmitting
> business without a license. E-Gold, Gold & Silver Reserve and the  
> three
> company directors were charged in an indictment returned by a  
> federal grand
> jury in April 2007.
>
> [snip]
>
> Much more:
> http://www.pcworld.com/businesscenter/article/148720/internet_currency_firm
> _pleads_guilty_to_money_laundering.html
>
> - - ferg
>
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>
> --
> "Fergie", a.k.a. Paul Ferguson
> Engineering Architecture for the Internet
> fergdawg(at)netzero.net
> ferg's tech blog: http://fergdawg.blogspot.com/
>
>
> _______________________________________________
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> https://linuxbox.org/cgi-bin/mailman/listinfo/funsec
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>

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