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.
Well, for the last couple of days all the news headlines and the forums were flooded with angry and desperate e-Bullion members posts who tried to understand what really had happened with this payment processor. I guess everybody knows know that e-Bullion is dead and there’s really little chance of getting your money back. So if e-Bullion never comes back what will happen to your funds that you deposited from e-Bullion to HYIPs and other online programs? Will you be paid to other e-currencies or is your money completely lost?
Tags: E-Bullion, E-currency, HYIP, Payment Processor, ponzi
