Monday, April 30, 2007

"E-Gold charged with money laundering" -- from SecurityFocus blog

This looks pretty bad. Interestingly, it is an example of how removed from big moneycenter towns (alleged) internet crime can be, in this case, those financial hotspots, Satellite Beach and Melbourne, Florida. And the (again,) alleged criminal mastermind, an oncologist? Well, it is Florida. If the charges are true, and the story looks pretty damning, this may take something of a bite out of money laundering. Be careful, very careful, when moving money online. There still is value in dealing with established, universally-known, trusted businesses.

E-Gold charged with money laundering

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