e-Gold Indicted for Money Laundering!

@lreddell (172)
United States
April 29, 2007 10:54pm CST
I just thought I would share with my fellow entrepreneurs about this business news story I just read. If any of you are involved with e-Gold, I've got bad news. It seems that e-Gold has been indicted for money laundering and illegal money transmitting. Oops. e-Gold has had a long history of questional business practices. Do you do business with e-Gold? If so, you might wish to check your account. I just checked the e-Gold website, and although I did not sign in, the site is still up. What do you think about this situation? And how many online businesses do you think it will effect? Here is the link for the story: http://www.mlmwatchdog.com/scams_e_gold.html
1 person likes this
6 responses
• Philippines
30 Apr 07
:sad: E-gold is the only way i can get my reward here in myot.
1 person likes this
@lreddell (172)
• United States
30 Apr 07
Oh no! That's awful! I'm so sorry. We will have to wait and see what will happen. I will be following this story as it unfolds. And I will post any updates I receive in the discussion.
1 person likes this
• United States
30 Apr 07
Ohh I am sorry too, did you have money in your account though?
• Philippines
30 Apr 07
I haven't reach the minimum payment yet. But i'm wondering on how are we going to get our payment without e-gold.. I've sent a question to Mylot staff already. Hope to hear their response.
• United States
30 Apr 07
Oh wow... Why hasn't myLot informed anyone about this? Because they use Paypal and E-gold. I am so glad that I don't use e-gold.
• United States
30 Apr 07
But aren't there other sites for that sort of thing? I'm sure myLot will find some way for e-gold users to have a way to get their earnings. E-gold users, I'm sure are a huge part of myLot community. I hope everything goes well with everyone though.
@lreddell (172)
• United States
30 Apr 07
I agree with you; I'm sure that if e-Gold goes under, myLot will find an alternative paymenet method for e-Gold users.
1 person likes this
@siZidni (1860)
• Indonesia
2 Jul 08
it's still up now.. i think we should not worry.. does anyone here now.. how to convert e-gold to e-dinar?
• Singapore
11 Apr 08
Hi : Thanks for the information and link. I remember the time when e-gold and other currencies are actively traded in a program called DXGold. I still have some money in e-gold and wonder whether it could be converted to something usable. Yours Truly, Tony Chai a disabled options trader http://options4u.blogspot.com
• United States
11 Apr 08
run away as fast as possible. any client dealing with companies that are being watched is a big no no. I will not speak above a whisper, you read between the lines. RUN. www.gbgfreedom.com www.website.ws/icyhot www.globalresortsnetwork.com/freelytravel/biz
• United States
11 Apr 08
Run far away as fast as possible to any company being watched.