e-Bullion co-founder jailed on money transfer charge

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James Fayed, the co-founder of e-Bullion, has been jailed after being charged with conducting unlicensed money transactions that allegedly netted $20 million worth of individuals' investments, according to Mark Aveis, an assistant U.S. attorney quoted on SFGate.com. Another article on The Los Angeles Times website this morning says Aveis described Fayed's businesses as Ponzi schemes.

Fayed is currently a suspect in the murder of his wife, Pamela Fayed, who was also a co-founder of e-Bullion. She was killed in a Los Angeles parking garage late last month. No one has been arrested in the murder case yet, but Aveis says James Fayed had a motive: killing her would prevent her from testifying in the case of the alleged unlicensed money transfer operation.

In a search of Fayed's house after his arrest last week, authorities seized $60,000, $3 million in gold bullion, and 25 weapons including assault rifles, according to Aveis.

At a hearing this week, Aveis claimed that Fayed was a flight risk and a danger to the community, but the judge ordered him released on $500,000 bond. The Times says Fayed remains in federal custody.

e-Bullion is one of several well-known "digital gold currency" firms. Using Internet transactions, DGC companies take customer deposits and match them with the equivalent amount of gold that is supposedly stored in vaults. Many of the companies are unregulated and/or incorporated in other countries to avoid U.S. financial laws and shield the identities of their clients. However, another GDC company, e-gold, recently vowed to tighten up its policies and submit to U.S. regulatory oversight after its founders pled guilty in a money laundering trial.

A message on the e-Bullion website on Tuesday afternoon said the site would be unavailable for four hours while staff performed "routine maintenance."
(source : www.thestandard.com)

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e-Bullion

e-Bullion is a digital gold currency founded by Jim Fayed. The company was incorporated in December, 2000, and launched on July 4, 2001. Similar to competing systems such as e-gold, e-Bullion allows for the instant transfer of gold and silver between user accounts. e-Bullion is a registered legal corporate entity of Panama.

As with any digital gold currency, the main focus is keeping assets away from fiat currencies so as to avoid inflationary risks associated with such currencies.
It has also moved its primary servers to Switzerland. The redundant servers and equipment are also outside of United States jurisdiction.
Unlike e-gold, e-Bullion provides its own in-house currency exchange service. An e-Bullion account can be funded directly via wire transfer from a bank account.
It is also the only digital gold currency (DGC) that allows direct funding to and redemption from an account with precious metals.

e-Bullion was the first DGC to issue its own debit card linked to an account.
e-Bullion was the first to use CRYPTOCard technology to physically protect user accounts.
Goldfinger Bullion Reserve Corporation, a sister company of e-Bullion, hold the precious metals in bullion storage vaults located in either Los Angeles, Delaware, Zurich or Australia.
Users can hold and transfer value in gold, silver, or US dollars which they designate as e-Currency. The amount of bullion or US dollars held in the e-Bullion system is undisclosed.

Two of Goldfinger Bullion Reserve's vaults are located in the United States. One is in Los Angeles, and the other in Dover, Delaware. This is seen as a drawback by those who may be worried about possible asset seizure by U.S. authorities (see Executive Order 6102 and Gold Reserve Act).

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Liberty Reserve

Liberty Reserve is an account-based e-currency system in which you can store your money in American dollars, European EUROs and GOLD (soon) and transfer payments to other people and receive payments from others. It is safe, reliable and confidential. The payments are irrevocable (which means they can not be reversed). Liberty reserve is instantaneous, real-time currency for international trade. Within minutes, you can send and receive payments from anyone, anywhere on the globe!

E-currency, or digital currency, is a stored value and payment system, that allows users to store funds (such as Euro, USD, Yen, and metals such as gold, silver, etc., or anything else of value for that matter). The main feature of a digital currency is that spends (payments) are irrevocable, unlike bank payments (wires, checks), and other systems that have similar features (online payments) but can easily reverse payments, such as PayPal. Liberty Reserve is protected by an offshore Trust, and is at all times backed 100% by U.S. dollars for LR-USD accounts, and by gold for LR-gold accounts, etc.

Liberty Reserve is incorporated under the laws of Costa Rica and is a 100% irrevocable payment system and digital currency. You can send or receive money to or from anyone in the world.

One of the most important features of Liberty Reserve is the security of your account. Passwords, PIN's, stop account feature, and anti-keylogger (trojan) login system are just a few of the security precautions that Liberty Reserve has added to keep your value safe and secure within your account. Nothing works better, however, than your own due diligence when it comes to security. Always use an anti-virus for safe computing.

Transactions are instant and irrevocable.Eliminate risk and fraud. No more charge backs, defaults, high bank wire fees and bad checks! Use Liberty Reserve to make your online payments quickly, easily and in real time. Liberty Reserve is secure, easy to use and cost-effective.

Pay your bills using Liberty Reserve by just use any of approved exchange providers to send a check to you or anyone and anywhere in the world in exchange for your Liberty Reserve funds.

Liberty Reserve also provides personal, live, one-to-one chat with a customer support representative to answer your questions. No more waiting hours or days to get a simple question answered. Support representatives can also push a URL onto member's computer as a pop-up so that not have to go looking for a particular link.

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E-currency

The most important step to save your money is open or register a new account from the ones of many digital gold currency like e-gold, e-bullion, Liberty Reserve etc. It's FREE !!!

What is

E-Gold is electronic currency which enlists opening and acceptable in the entire world and also easy to commute for in currency going into effect in many countries. E-Gold can be converted to become Rupiah, Dollar, Euro, and others by very easy.

Way of e-gold job very similar to conventional bank. E-Gold accepts deposit from its entire client, where its client can do transaction of transfer of sending and or accept to pass e-gold.

What advantage has E-gold ?
By owning your e-gold have investment business opportunity or opportunity which very profit. Just 1$, you have investment, and money you'd continue to expand. Every day you can see growth of your investment profit. May even exist investment program delivering its profit to your account every 1 hour or with daily profit which more compared to beneficial of conventional bank, the daily profit until 1,8%; there is also which more than 1,8% per its day. E-Gold has grown Indonesia opportunity business.

How to have E-Gold account ?

You can have E-Gold account free of charge here

1. Choose Create an account and the click, I Agree after you read User Agreement.

2. Fill all that needed information by E-Gold.Com
3. Pass phrase alliance password and number
4. Click, Open and wait a few moments
5. Number ID E-Gold you'd be sent to your e-mail.
6. Open e-mail from E-Gold and note your ID E-Gold number

Menu in E-gold
- Balance = to see your fund balance.
- Spend = to the transfer of fund to other e-Gold account.
- History = to see detail of transaction, a kind of saving account book.
- Account Info = to change pass phrase and profile / password.

How to do investment with e-gold ?
You have to have capital in the form of e-gold by buying. To buy e-gold you earn to contact us, or you can look for website selling e-gold with rupiah in google with keyword " e-gold sales". We also recommend Indochanger dan Tukarduid for the place of your buy and sell e-gold in Indonesia.

How peaceful investment tactics ?
Taking care of password secret, and labour to disseminate E-Gold some invesment place. So do not rely on from one just place for example place the other one go broke. For example your capital 100 dollar, hence don't investing in one just place. Try 5 investment place, with the each investment equal to 20 dollar.

Are you ready to get your account for free ???? do not hesitate to start and open your account.

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