Q&A with e-gold Founder

One of these days, hopefully soon, I'm planning to do a talk radio interview. In preparation I recently met with a radio journalist to familiarize her with e-gold. We decided to record our discussion...

E-Gold now has a blog !

After several weeks without any news. Now, E-Gold has a blog.

“Hi, I’m Douglas Jackson and this is the first entry of the e-gold blog.”

Most readers will know what I am talking about because over the last decade getting casual comments out of the e-gold organization has been darn near impossible. Perhaps this silence was for a good reason. This blog is truly a new and warm addition to the community. Its a well needed social add-on and I urge all readers to visit and comment. [detailed]

SECRET SERVICE MIAMI FIELD OFFICE ARRESTS MEMBERS OF ORGANIZED ELECTRONIC CRIME RING IN SOUTH FLORIDA

(Miami, FL) – The United States Secret Service today announced the recent arrests and indictments of four members of an organized fraud ring in South Florida. In all, the individuals – identified as Miguel Alegria, 46, of Hialeah, FL; Raynier Pupo, 22, of Miami, FL; Ariel Montero, 32, of Aventura, Florida; and Javier Padron-Bravo, 35, of Aventura, FL – have been charged with aggravated identity theft, counterfeit credit card trafficking and conspiracy.

In a coordinated operation between the U.S. Secret Service’s Miami and Nashville Field Offices earlier this year, Miami Electronic Crimes Task Force agents arrested Julio Lopez, age 30, and Lopez’s girlfriend Anett Villar, age 26, both of Hialeah, FL, after receiving warrants for their arrests from the Nashville Field Office in an online carding investigation. Julio Lopez had used the screen name "Blinky" and had been identified as trafficking counterfeit credit cards and identifications for years over the Internet.

As a result of the initial investigation targeting Lopez (aka "Blinky"), evidence was discovered of an organized fraud ring of Cuban nationals, which included Alegria, Pupo, Montero and Padron-Bravo, operating in South Florida. These individuals were sending large amounts of money via E-Gold accounts to known cyber criminals in Eastern Europe in return for tens of thousands of stolen credit card account numbers. The stolen credit card account numbers were then used to counterfeit credit cards in “plants” throughout southern Florida.

As a result of these arrests, more than 200,000 credit card account numbers were recovered in connection with the ring’s activity, which was responsible for fraud losses of more than $75 million. Additionally, agents seized two pick-up trucks, $10,000 cash and one handgun in connection with the case.

“This case demonstrates the potential for online criminals to inflict significant damage on a global scale, but this investigation and the resulting indictments and arrests should serve as stark reminders to cyber criminals that law enforcement will continue to pursue them wherever they are,” said Special Agent in Charge William Sims of the U.S. Secret Service’s Miami Field Office.

This investigation is just one example of the U.S. Secret Service’s cyber-initiatives to combat financial fraud and identity theft. These initiatives are designed to disrupt activity on criminal web forums, where the suspects openly engage in the sale of stolen and compromised credit card information, false identity documents and malicious software that enables criminals to obtain access to victims’ computers.

The U.S. Secret Service has taken a lead role in cyber crime investigations and, through a nationwide network of Electronic Crimes Task Forces, has established partnerships in both the law enforcement and business communities to protect the nation’s critical financial infrastructure.

E-Gold Loses Hearing On Seizure

The seized assets shall remain frozen. That’s the e-gold that was seized and sold for cash, all 1MDC account gold included.

MINUTE ENTRY ORDER denying [35], [36] Defendants’ Motion to Vacate Seizure Warrant and to Modify Restraining Order and Request for an Evidentiary Hearing. For the reasons stated at the June 21, 2007 hearing, in open court, the Defendants’ Motion is hereby DENIED. This is a final appealable order. See Fed. R. App. P. 4(a).

Signed by Judge Rosemary M. Collyer on June 22, 2007. (cdw)

IceGold.com Outexchanges resumed

We have opened our sell e-gold service again. However, as the situation with e-gold and Omnipay is still unclear, we have set a limit of 10 000 USD (or equivalent) per customer in one day. If we get too many orders we will pause outexchanges until we need e-gold again. From now on the outexchange service availability will be indicated in the "we buy" column in the mini rates table at the top left corner of our webpage.

Omnipay Update

June 21, 2007 OmniPay Africa had planned to become operational, conducting both in and outexchanges by June 18th. It now appears this service will be delayed several weeks. Establishment of OmniPay Africa has been on-going, designed to facilitate a remote and sophisticated payment capability to the majority of mankind underserved or excluded from traditional banking and constituting it properly is imperative. The complexities of making OmniPay Africa fully operational in an accelerated manner have been greater than originally anticipated causing this delay. We assure you we are working diligently to bring OmniPay Africa online.

Marketiva accept e-gold deposit

Good news, Marketiva accept e-gold deposit after 1 week suspended.