Freelancing
e-gold® Founder Denies Criminal Charges
( taken from e-gold site )
On April 24, 2007, a Federal Grand Jury handed down an indictment charging e-gold Ltd., Gold & Silver Reserve, Inc., and the Directors of both companies with money laundering, operating an unlicensed money transmitter business, and conspiracies to commit both offenses.
Dr. Douglas Jackson, Chairman and Founder of e-gold, speaking on behalf of his fellow Directors and both companies vigorously denies the charges, taking particular exception to the allegations that either company ever turned a blind eye to payments for child pornography or for the sale of stolen identity and credit card information.
E-gold trubles again . It’s only matter of time.
Well, a lot of us knew it was coming… With all the rumours flying around about EGold Ltd; Gold & Silver Reserve, Inc, people knew deep down that something must be happening. Today E-Gold’s Owners: Dr Douglas L. Jackson, Reid A. Jackson and Barry K. Downing have been indicted for money laundering and illegal money transmitting. However, this sounds a lot worse than it actually is. The definition of Indict is: (of a grand jury) to bring a formal accusation against, as a means of bringing to trial. So basically the government has made an accusation against e-gold which they feel confident enough with to make it ‘formal’. This is one of the many ways of forcing a trial.
