closing of accounts worldwide, resulting in collapse of the company."
The court records cited in this article were originally retrieved by The Camarillo Acorn in Camarillo, California.
More news, commentary, and predictions from The Industry Standard:
- e-Bullion's lawyer calls government's actions "extreme"
- e-Bullion update: Fayed's lawyers say feds seized $24 million in assets
- Why use e-Bullion? An investor explains
- Court papers indicate James Fayed had absolute control over e-Bullion
- Fayed indictment doesn't mention e-Bullion
- No comment from federal prosecutor in e-Bullion case
- Daughter seeks control of mother's ownership interest in e-Bullion
- Not all e-Bullion customers are worried by outage
- e-Bullion still down for "routine maintenance"
- e-Bullion co-founder jailed on money transfer charge
- Report: Feds investigating e-Bullion in fraud inquiry
- ChanPoker shuts down
- Where are they now: Flooz
Comments
Now, it is clear why the Fayed indictment doesn't mention E-bullion, because if E-Bullion is a Panama company, it is out of the Jurisdiction of the US. So what now?
If this is true, it would explain why E-Bullion is down. So it looks like E-Bullion won't be back in operation until James Fayed is released from prison.
Quiero pedir el gran favor a las autoridades de aclarar este incidente lo antes posible. Si James Fayed no es culpable que porfavor que siga manejando a www.e-bullion.com normalmente y si es culpable que porfavor su hija de 18 años tome el control total lo antes posible porque este grave incidente esta afectando a millones de personas en todo el mundo que dependemos de www.e-bullion.com para una economia estable y segura.
Porfavor a todas las personas en el mundo manden sus comentarios para que las autoridades nos escuchen y se den cuenta que en mas de 6 años de funcionamiento que tiene www.e-bullion.com solo 36 personas se han quejado de millones de personas que tenemos cuenta en www.e-bullion.com las autoridades tienen que tener en cuenta que solo por 36 personas no pueden afectar a millones de personas en todo el mundo.
Javier, yo estoy de acuerdo contigo, yo estoy en las mismas, nose que hacer o a donde ir, esto en un tunel sin salida... Yo deposite mi confianza y ahora esto pasa la verdad que tenemos que buscar ayuda rapido, y gracias a dios tenemos al senor IAN que nos esta ayudando en traernos lo ultimo del caso... Yo seguire investigando y tu si puedes has tu parte y ojala que Dios y todos los santos nos ayuden!
Saludos
The answer to the question of Panama being out of the United States Jurisdiction is: It would have to be consider under the International laws.
The news about e-bullion is disturbing. I would like to ask one question; what happens now- that Mr Fayed is in jail- what happens to our money that is tied up with e-bullion, what happens to our hyip's that are now matured and returned to e-bullion?
Is our funds still safe with e-bullion-or is it now a bad dream.
The whole future of HYIP businesses now is suspect, and hangs in the balance.
WB.
Everyone: The latest e-Bullion update has been posted at the following location:
e-Bullion's lawyer calls government's actions "extreme"
Please note that I am unable to help anyone recover their money from e-Bullion or federal authorities, and I am unaware of any process to have funds in e-Bullion accounts returned to their rightful owners. However, I will report this news if it comes to light. I would suggest keeping an eye on the list of most recent articles about e-Bullion, published at the following link:
Latest e-Bullion articles
Also, if you do have news to share, please clearly identify the source of that information. Do not spread unconfirmed rumors about the situation -- a lot of people are very concerned about what's happening, and are making real-world decisions based on what they are seeing on the Web.
Ian Lamont
Managing Editor
The Industry Standard
Hi everyone! I'm writing from London, England. I desperately plea to the people who, like me, have lost their money held in E-bullion account to come together and keep complaining for our money to be refunded by Ebullion or whoever is leading this investigation against these bogus conmen. I have almost lost my fiancee 'cos part of the money I lost is hers' and ,to top it all, I have lost the little one i had left in the stock markets. I am now deeply in debts and penniless, skint. It looks as if I'm living a nightmare. Please, let's fight for our monies. Do not let these crooks get away just like that. most us who lost money are working class people with very low income. Come together and fight. Thank you.
I am from the US and also lost a very large sum of money held in E-bullion. I see no reason why we the clients can not have our money back. There are records of the money wires to Bank of America, as long as we have proof that we wired the money after the shut down. The Feds should alow Bank of America to give us our money back. Period end of story. Keep the faith God bless.
The site is out, if you try to reach it, you have a message that the site is not available .
Comments?
the closing of e-bullion not only affected individuals, but a lot of businesses that in time affected more customers.
Some biz affected were 4xtrader.com , ffgtraders.com Kathy S Rose, etc
I am from New Zealand and I lost a very large sum of money held in E-bullion. I see no reason why we the clients can not have our money back.
If somebody have idea what now?
Hello Guys, i got the messege that E-Bullion (BOfAmerica) ll pay all to Libert Reserve. www.libertreserve.com
Best Regards and good luck to us
Bye
E-Bullion was 100% liquid. The Federal agents who raided it and pocketed the gold are not going to let you guys get your money back. They will say e-Bullion was a ponzi scheme but it wasn't . They just say that to cover the fact they stole YOUR gold. They do this stuff all the time here in the USA.
James Fayed set up a system that was 100% reliant on him, with no backup. Now you see the importance of good corporate governance.
Sorry you e-Bullion account holders - you got hosed by the feds, and by Jim Fayed. Should have used GoldMoney.com - they have public audits.
I keep checking e-bullion.com but always down. where can i go to talk to about getting our money back?.... any clues anyone?... what was that message about paying all to libert reserve?
Readers: There are two major developments in the e-Bullion story, located at the following locations:
Copies of the relevant court documents are linked from the articles. I am closing the comment thread here, but you are welcome to continue the discussion in the comment threads for the two new articles.
Ian Lamont
Managing Editor
The Industry Standard