Robert Lemos, SecurityFocus 2008-07-23
E-Gold's days of operating outside U.S. jurisdiction are at an end.
On Monday, the Nevis, West Indies, company, its founder and two senior directors all agreed to plead guilty to various charges related to money laundering and the operation of an unlicensed money transfer business. The agreement ends a nearly four-year investigation into the company and its digital currency service, which -- because of the anonymity it provided account holders -- became a popular method for cybercriminals to turn ill-gotten proceeds into clean cash.
Read The Rest at link below
http://www.securityfocus.com/news/11528
I found this posted elsewhere and there had been a comment about news like this making it rounds ever so often but the article has links to government sites as well as various other sources.
http://www.usdoj.gov/opa/pr/2008/July/08-crm-635.html
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