alert for e-gold users!

United States
May 3, 2007 6:17pm CST
E-Gold is being indicted for Money Laundering and illegal money transmitting. Information resource: http://www.usdoj.gov/opa/pr/2007/April/07_crm_301.html I know some people are here for the community, but if you are an E-Gold User and you like getting paid... I feel that you should know. That link goes to a page from the Government provided site!
1 person likes this
3 responses
• Philippines
4 May 07
What an alarming news for us Filipino's, all of us uses E-gold.
1 person likes this
• United States
4 May 07
Yea, I am sorry for anyone that can only use E-Gold. But maybe Mylot will find another way to pay people who can't use Paypal. We could all hope.
@SageMother (2277)
• United States
4 May 07
That is amazing! I wonder what will happen for all of the people who cannot use Paypal now? If Egold is suffering from this indictment then that means that just about any other money transfer entity that will process funds from countries that are banned by companies like Paypal, will also suffer the same fate. The government is using the two different approaches to avoid stating that they don't want ANY money trading going on that is not approved of, and that will include banned countries.
1 person likes this
• United States
4 May 07
Well there are other money transfer sites besides e-gold, so maybe Mylot will find another way to pay the people that aren't able to use Paypal. If mylot doesn't then that is a lot of members that mylot will most likely lose.
@lizasese (89)
• Philippines
4 May 07
really? that is alarming for us mylot users. so what does the site is doing about it? is it still safe to use e-gold?
1 person likes this
• United States
4 May 07
Well they are only indicted, they may win the cases... but if you are filing your taxes on what you are getting or whatever is necessary then you should be fine.