I’ve got bad news for you e-Bullion users. E-Bullion’s Jame Fayed (co-founder along with is now deceased wife) was refused bail. This is another bolder in the path of a speedy recovery for e-Bullion. My opinion is that e-Bullion is history. I also think that it would be best if all all assets were to be liquidated and refunds issued to all customers. Kudos to tdinoz-td’s blog and the DGC Blog as I first found out about this from those two websites.
Here is an excerpt from the news release:
Los Angeles — The estranged husband of a woman who was stabbed to death in Century City was ordered jailed without bail Wednesday on a charge of operating a financial business without a license, with a federal judge citing the “grave” risk that he could flee the country.
U.S. District Judge Otis Wright overruled an earlier decision by a federal magistrate judge setting James Michael Fayed’s bail at $500,000.
Source: http://www.mercurynews.com
Related posts:
- E-Bullion Co-Founder James Fayed Suspected of Murdering Wife
- Update regarding murder of e-Bullion co-founder Pamela Fayed
- The Beginning of the End for E-bullion?
- AlterGold Free Liberty Reserve and E-Bullion Deposits
- Private Loan Program now accepts e-Bullion
September 19th, 2008 at 12:15 am
Give us back our money.
September 19th, 2008 at 12:58 am
Vicki I believe you will get back your money sooner or later. It’s just that you may be asked to submit “source of funds” documentation that proves that you obtain that money by legitimate means. An example of a non legitimate mean would be via a HYIP ponzi scheme and the like.
Even though you most likely will get your money back the real pain the a$$ is the wait. You know how slow government institutions move, so be prepared to wait.
Here is a place where you can share your opinion and join me and others in a discussion about e-bullion:
http://www.moneyguruforum.com/e-currency-corner/e-bullion/