Report: Feds investigating e-Bullion in fraud inquiry

Ian Lamont — Fri, 01 Aug 2008 11:43:02 -0400

The Internet-based digital gold currency industry is once again under scrutiny, after one of the co-owners of e-Bullion was murdered earlier this week in a Los Angeles parking garage. Police have not named any suspects or identified a motive for the killing, but the Los Angeles Times reports this morning that e-Bullion was already under investigation in an "ongoing FBI fraud inquiry."

Last week, the owners and top executives another digital gold currency firm, e-gold, pled guilty in a federal money-laundering trial and agreed to submit to U.S. regulatory oversight.

Using Internet transactions, digital gold currency companies take customer deposits and match them with the equivalent amount of gold supposedly stored in vaults. Many of the companies are unregulated and/or incorporated in other countries to avoid U.S. financial laws and shield the identity of clients. The firms also attract customers who don't trust greenbacks or other paper currencies. As noted by the LA Times article:

Digital gold currencies have also been used for money laundering and other criminal activity, such as a kidnapping last month of the brother of a Nigerian soccer player.

Background:

Report: Feds investigating e-Bullion in fraud inquiry

Ian Lamont — Fri, 01 Aug 2008 11:43:02 -0400

Last week, the owners and top executives another digital gold currency firm, e-gold, pled guilty in a federal money-laundering trial and agreed to submit to U.S. regulatory oversight.

Digital gold currencies have also been used for money laundering and other criminal activity, such as a kidnapping last month of the brother of a Nigerian soccer player.

Background:

Report: Feds investigating e-Bullion in fraud inquiry

Ian Lamont — Fri, 01 Aug 2008 11:43:02 -0400

Last week, the owners and top executives another digital gold currency firm, e-gold, pled guilty in a federal money-laundering trial and agreed to submit to U.S. regulatory oversight.

Digital gold currencies have also been used for money laundering and other criminal activity, such as a kidnapping last month of the brother of a Nigerian soccer player.

Background:

Report: Feds investigating e-Bullion in fraud inquiry

Ian Lamont — Fri, 01 Aug 2008 11:43:02 -0400

Last week, the owners and top executives another digital gold currency firm, e-gold, pled guilty in a federal money-laundering trial and agreed to submit to U.S. regulatory oversight.

Digital gold currencies have also been used for money laundering and other criminal activity, such as a kidnapping last month of the brother of a Nigerian soccer player.

Background:

Report: Feds investigating e-Bullion in fraud inquiry

Ian Lamont — Fri, 01 Aug 2008 11:43:02 -0400

Last week, the owners and top executives another digital gold currency firm, e-gold, pled guilty in a federal money-laundering trial and agreed to submit to U.S. regulatory oversight.

Digital gold currencies have also been used for money laundering and other criminal activity, such as a kidnapping last month of the brother of a Nigerian soccer player.

Background:

Report: Feds investigating e-Bullion in fraud inquiry

Ian Lamont — Fri, 01 Aug 2008 11:43:02 -0400

Last week, the owners and top executives another digital gold currency firm, e-gold, pled guilty in a federal money-laundering trial and agreed to submit to U.S. regulatory oversight.

Digital gold currencies have also been used for money laundering and other criminal activity, such as a kidnapping last month of the brother of a Nigerian soccer player.

Background:

Report: Feds investigating e-Bullion in fraud inquiry

Ian Lamont — Fri, 01 Aug 2008 11:43:02 -0400

Last week, the owners and top executives another digital gold currency firm, e-gold, pled guilty in a federal money-laundering trial and agreed to submit to U.S. regulatory oversight.

Digital gold currencies have also been used for money laundering and other criminal activity, such as a kidnapping last month of the brother of a Nigerian soccer player.

Background:

Report: Feds investigating e-Bullion in fraud inquiry

Ian Lamont — Fri, 01 Aug 2008 11:43:02 -0400

Last week, the owners and top executives another digital gold currency firm, e-gold, pled guilty in a federal money-laundering trial and agreed to submit to U.S. regulatory oversight.

Digital gold currencies have also been used for money laundering and other criminal activity, such as a kidnapping last month of the brother of a Nigerian soccer player.

Background:

Report: Feds investigating e-Bullion in fraud inquiry

Ian Lamont — Fri, 01 Aug 2008 11:43:02 -0400

Last week, the owners and top executives another digital gold currency firm, e-gold, pled guilty in a federal money-laundering trial and agreed to submit to U.S. regulatory oversight.

Digital gold currencies have also been used for money laundering and other criminal activity, such as a kidnapping last month of the brother of a Nigerian soccer player.

Background:

Report: Feds investigating e-Bullion in fraud inquiry

Ian Lamont — Fri, 01 Aug 2008 11:43:02 -0400

Last week, the owners and top executives another digital gold currency firm, e-gold, pled guilty in a federal money-laundering trial and agreed to submit to U.S. regulatory oversight.

Digital gold currencies have also been used for money laundering and other criminal activity, such as a kidnapping last month of the brother of a Nigerian soccer player.

Background:

Report: Feds investigating e-Bullion in fraud inquiry

Ian Lamont — Fri, 01 Aug 2008 11:43:02 -0400

Last week, the owners and top executives another digital gold currency firm, e-gold, pled guilty in a federal money-laundering trial and agreed to submit to U.S. regulatory oversight.

Digital gold currencies have also been used for money laundering and other criminal activity, such as a kidnapping last month of the brother of a Nigerian soccer player.

Background:

Report: Feds investigating e-Bullion in fraud inquiry

Ian Lamont — Fri, 01 Aug 2008 11:43:02 -0400

Last week, the owners and top executives another digital gold currency firm, e-gold, pled guilty in a federal money-laundering trial and agreed to submit to U.S. regulatory oversight.

Digital gold currencies have also been used for money laundering and other criminal activity, such as a kidnapping last month of the brother of a Nigerian soccer player.

Background:

Report: Feds investigating e-Bullion in fraud inquiry

Ian Lamont — Fri, 01 Aug 2008 11:43:02 -0400

Last week, the owners and top executives another digital gold currency firm, e-gold, pled guilty in a federal money-laundering trial and agreed to submit to U.S. regulatory oversight.

Digital gold currencies have also been used for money laundering and other criminal activity, such as a kidnapping last month of the brother of a Nigerian soccer player.

Background:

Report: Feds investigating e-Bullion in fraud inquiry

Ian Lamont — Fri, 01 Aug 2008 11:43:02 -0400

Last week, the owners and top executives another digital gold currency firm, e-gold, pled guilty in a federal money-laundering trial and agreed to submit to U.S. regulatory oversight.

Digital gold currencies have also been used for money laundering and other criminal activity, such as a kidnapping last month of the brother of a Nigerian soccer player.

Background:

Report: Feds investigating e-Bullion in fraud inquiry

Ian Lamont — Fri, 01 Aug 2008 11:43:02 -0400

Last week, the owners and top executives another digital gold currency firm, e-gold, pled guilty in a federal money-laundering trial and agreed to submit to U.S. regulatory oversight.

Digital gold currencies have also been used for money laundering and other criminal activity, such as a kidnapping last month of the brother of a Nigerian soccer player.

Background:

Report: Feds investigating e-Bullion in fraud inquiry

Ian Lamont — Fri, 01 Aug 2008 11:43:02 -0400

Last week, the owners and top executives another digital gold currency firm, e-gold, pled guilty in a federal money-laundering trial and agreed to submit to U.S. regulatory oversight.

Digital gold currencies have also been used for money laundering and other criminal activity, such as a kidnapping last month of the brother of a Nigerian soccer player.

Background:

Report: Feds investigating e-Bullion in fraud inquiry

Ian Lamont — Fri, 01 Aug 2008 11:43:02 -0400

Last week, the owners and top executives another digital gold currency firm, e-gold, pled guilty in a federal money-laundering trial and agreed to submit to U.S. regulatory oversight.

Digital gold currencies have also been used for money laundering and other criminal activity, such as a kidnapping last month of the brother of a Nigerian soccer player.

Background:

Report: Feds investigating e-Bullion in fraud inquiry

Ian Lamont — Fri, 01 Aug 2008 11:43:02 -0400

Last week, the owners and top executives another digital gold currency firm, e-gold, pled guilty in a federal money-laundering trial and agreed to submit to U.S. regulatory oversight.

Digital gold currencies have also been used for money laundering and other criminal activity, such as a kidnapping last month of the brother of a Nigerian soccer player.

Background:

Report: Feds investigating e-Bullion in fraud inquiry

Ian Lamont — Fri, 01 Aug 2008 11:43:02 -0400

Last week, the owners and top executives another digital gold currency firm, e-gold, pled guilty in a federal money-laundering trial and agreed to submit to U.S. regulatory oversight.

Digital gold currencies have also been used for money laundering and other criminal activity, such as a kidnapping last month of the brother of a Nigerian soccer player.

Background:

Report: Feds investigating e-Bullion in fraud inquiry

Ian Lamont — Fri, 01 Aug 2008 11:43:02 -0400

Last week, the owners and top executives another digital gold currency firm, e-gold, pled guilty in a federal money-laundering trial and agreed to submit to U.S. regulatory oversight.

Digital gold currencies have also been used for money laundering and other criminal activity, such as a kidnapping last month of the brother of a Nigerian soccer player.

Background: