Archive for the 'Payment Processor' category

Pamela Fayed’s Murder and E-Bullion Problem

The e-bullion website is reportedly offline for “maintenance” since August 5th. This text is still situated on the main page of the website:

“05 August, 2008, 1:00pm PST: The e-Bullion website will be unavailable for a period of approximately four hours while our Tech Dept. performs routine maintenance.”

Probably this so-called “maintenance” is related to the occurrence with arrest of Jim Fayed (he is running the gold trading company with his wife). As you already know Pamela Fayed was murdered on July 28th. Most of newspapers focused on the fact that James Fayed and his estranged wife were going through a divorce. A few days later (August 1) James Fayed was in Federal custody. But it’s important to note that he wasn’t charged with a crime relating to Pamela’s murder.

James Fayed as the operator and signatory on GoldFinger/e-bullion bank accounts was arrested for a violation of 18 U.S.C. § 1960, which is operating an unlicensed money transmitting business. It appears from the documentation that Fayed’s acting as third party receiver for alleged ponzi funds amounting.

After Jim Fayed’s arrest, court documents began to surface on the Net such as restraining orders, bail documents, indictments and more. Almost all of this information either “by the piece” paints a picture for the future of e-bullion and Goldfinger Coin & Bullion Sales. James Fayed’s arraignment is set on August 18th.

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HYIP Information

E-gold the payment processor is having a lot of problems in these days. Most HYIPs’ e-gold accounts were blocked. Although most blocked accounts are related to HYIP activity, some people in the forum claim that they have not participated in any HYIP and yet their accounts still get blocked.

Relax Business had several of their accounts blocked. After a series of failed attempts to use new e-gold accounts, Relax Business finally gave up and discontinued using e-gold as payment processor. Now they only accept e-bullion & Pecunix. All withdrawal requests were delayed.

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Payment Processor News

Here are latest information about payment processors especially for E-Gold and E-Bullion :

Marketiva has resumed to accept E-Gold deposits. U can see E-gold payment options is listed there in the deposit page.

Due to inconsistency and unpredictable of e-gold future operation, Open Trade has added another payment processor which is e-Bullion. Full details as below:

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