e-gold account hacked, supposedly?

I just had over $500 dollars stolen from an online account from a hacker,
The account is through e-gold.com This company e-gold told me that yes someone hacked in and stole your money during a transaction I was doing online.

They have the ip address from where it came from and They have all of the
information on this guy, And they told me through an e-mail they could tell me where my money is at right now. But yet, They will not help me get it back or take it out of his account that he has with e-gold. They said they would put a freeze on his account, And that if i wanted more information i would have to get a court-order and send it to them. Then they would release the information.

In their user agreement policy it states all transactions are final and you
cant have any money refunded. But, It does not say: \"Even if you\'r money is stolen from account.\" Or whatever it would need to say to fall under the laws to protect them. But, nevertheless they know it was stolen from me because they tracked it and they sent me an e-mail that i saved stating all of this.
Does this company have to pursue this matter when they know for sure it was stolen from my account? The amount was $560 so it is a felony charge. Would it be considered that this company is aiding a felon when they know who it is and where my money is at?

The whole issue seems suspicious...

Funds stolen.

I also had my account. Wrote a dozen letters and e gold would do nothing. I sometimes think they actually took it. Who would ever know?

I was also scammed out of 800 dollars at e-gold and was sent this bogus response below:


If your account was compromised while AccSent was enabled, there is a high
probability that you either have a security hole in your computer, which
allowed hackers to take control of your computer or you have a Trojan virus,
spyware or keylogger software installed on your computer because someone notonly had access to your e-gold passphrase, they also had access to your
email address password. AccSent monitors account access attempts and issuesa one-time PIN challenge to those coming from IP address ranges or browsers that differ from the last authorized account access.
Your account was
accessed from remoteip ***and a pin was sent to the email
address on the account. The person logged into your email account and
retrieved the pin, accessed your e-gold account and made an unauthorized
spend from the account.

Yeah right!!

...and e-gold refused to do anything.

I was "hacked" for 1300 dollars one year ago.

I would love to sue them.

Denver Bob

Is this e gold legitimate? I see a lot of very questionable things about them? And who would really use them anyway and for what?

egold scam beware e-gold fraud

My account was supposedly robbed of 620 dollars and egold will not do anything. I think they stole the money frankly! They gave a very bogus explanation.

I too recently had $162 paid to another e-gold account and when I told e-gold that the withdrawal was not authorized by me they told me there was nothing they could do and of course suing would cost more than $162...that's nothing compared to the $12,088.00 that Storm Pay beat me out of one year ago today.

And today I received a 1099 from STA Success Through Advertising showing nonemployment compensation of
$27,431.45 when all they actually paid me in 2006 was
$151.46 at 82 that is not exactly what I needed today.H

[Hilda]

a few things you should not do at e-gold. Do not put your real name in there miss spell it, also you should give a bogus phone number and physical address.

I had over $4000 go into my e-gold account from alertpay to pay my site member with. It was all stolen. When the police and FBI got after e-gold about it I found out why I had not recieved PIN #s

Someone with the initials JM. Had called it in that they had lost the password and that my email address wasnt any good could they change it. So e-gold asked for the following infos: Full name spelled out, Physicall address, and phone number once they told them that they changed the infos. I know who the person is and they are in some deep trouble with the FBI already but please beware not to put your real infos in. It makes it to easy for con artist and scammers to change your account over to them.

I am out my money but I learned a hard lesson.

Hilda

[randalljd]

That can be risky as well if you end up in a dispute; save all records as hundreds of people have money stolen from e-gold. They are not reliable and many say they themselves are the scam.

Please read this article


Digital Currency Business E-Gold Indicted for Money Laundering and Illegal Money Transmitting

By: PR Newswire
Apr. 27, 2007 07:36 PM
Digg This!


WASHINGTON, April 27 /PRNewswire-USNewswire/ -- A federal grand jury in Washington, D.C. has indicted two companies operating a digital currency business and their owners on charges of money laundering, conspiracy, and operating an unlicensed money transmitting business, Assistant Attorney General Alice S. Fisher of the Criminal Division and U.S. Attorney for the District of Columbia Jeffrey A. Taylor announced today.

The four-count indictment, handed down on April 24, 2007, and unsealed today, charges E-Gold Ltd; Gold & Silver Reserve, Inc.; and their owners Dr. Douglas L. Jackson, of Satellite Beach, Fla.; Reid A. Jackson, of Melbourne, Fla.; and Barry K. Downey, of Woodbine, Md., each with one count of conspiracy to launder monetary instruments, one count of conspiracy to operate an unlicensed money transmitting business, one count of operating an unlicensed money transmitting business under federal law and one count of money transmission without a license under D.C. law.

Subsequent to the indictment, the Department of Justice also obtained a restraining order on the defendants to prevent the dissipation of assets by the defendants, and 24 seizure warrants on over 58 accounts believed to be property involved in money laundering and operation of an unlicensed money transmitting business. The restraining order does not limit the E-Gold operation's ability to use its existing funds to satisfy requests to exchange E-Gold into national currency for customers of non-seized accounts, or its ability to sell precious metals to accomplish the same, once approval has been received.

According to the indictment, E-Gold's digital currency, "E-Gold," functioned as an alternative payment system and was purportedly backed by stored physical gold. Persons seeking to use the E-Gold payment system were only required to provide a valid email address to open an E-Gold account - no other contact information was verified. Once an individual opened an E-Gold account, he/she could fund the account using any number of exchangers, which converted national currency into E-Gold. Once open and funded, account holders could access their accounts through the Internet and conduct anonymous transactions with other parties anywhere in the world.

The indictment alleges that E-Gold has been a highly favored method of payment by operators of investment scams, credit card and identity fraud, and sellers of online child pornography. The indictment alleges that the defendants conducted funds transfers on behalf of their customers, knowing that the funds involved were the proceeds of unlawful activity; namely child exploitation, credit card fraud, and wire (investment) fraud; and thereby violated federal money laundering statutes. The indictment further alleges that the defendants operated the E-Gold operation without a license in the District of Columbia or any other state, or registering with the federal government, and thereby violated federal and state money transmitting laws. The indictment alleges that this conduct occurred at various times from 1999 through December 2005.

"As alleged in the indictment, the E-Gold payment system has been a preferred means of payment for child pornography distributors, identity thieves, online scammers, and other criminals around the world to launder their illegal income anonymously," said Assistant Attorney General Alice S. Fisher of the Criminal Division. "This indictment demonstrates that the Department of Justice, in cooperation with its law enforcement partners, will aggressively identify and prosecute those who knowingly enable and profit from transmitting the proceeds of criminal activity, online or offline."

"Douglas Jackson and his associates operated a sophisticated and widespread international money remitting business, unsupervised and unregulated by any entity in the world, which allowed for anonymous transfers of value at a click of a mouse," said U.S. Attorney Jeffrey A. Taylor for the District of Columbia. "Not surprisingly, criminals of every stripe gravitated to E-Gold as a place to move their money with impunity. As alleged in the indictment, the defendants in this case knowingly allowed them to do so and profited from their crimes."

"Today's indictment is the result of a two and a half year investigation by the U.S. Secret Service Orlando Field Office into an alternative payment system which has largely operated outside of normal banking industry regulations," said Secret Service Assistant Director for Investigations Michael Stenger. "This system has been exploited for more than 10 years by criminals who operate primarily via the Internet. Cooperation among investigators, including the IRS, the FBI and other state and local law enforcement, has enabled us to more effectively address emerging threats and evolving criminal methods, such as the use of electronic or digital currency to facilitate trafficking in illicit goods and services."

"The advent of new electronic currency systems increases the risk that criminals, and possibly terrorists, will exploit these systems to launder money and transfer funds globally to avoid law enforcement scrutiny and circumvent banking regulations and reporting," said Assistant Director James E. Finch, of the FBI's Cyber Division. "The FBI will continue to work closely with the Department of Justice and our federal and international law enforcement partners to aggressively investigate and prosecute any, and all, persons or organizations that use these systems to facilitate child pornography distribution, to support organized crime, and to perpetrate financial crimes."

"This is a new twist on laundering money through unlicensed money transmitters but it is nothing new for financial investigators," said Eileen Mayer, Chief of IRS Criminal Investigation. "The combined investigative skills of the law enforcement partners under the St. Cloud IRS Criminal Investigation and Secret Service Task Force proved to be a brick wall for E- Gold. We are proud to bring our financial expertise to this type of investigation that ultimately unravels fraud."

The conspiracy charge in the case relating to money transmitting carries a maximum sentence of five years in prison. The federal law violation of operating an unlicensed money transmitting business carries a maximum sentence of five years in prison. The D.C. Code violation for money transmission without a license carries a maximum sentence of five years. The conspiracy charge relating to money laundering carries a maximum sentence of 20 years in prison.

The case is being investigated by the U.S. Secret Service with the assistance of the IRS and the FBI. The case is being prosecuted by the U.S. Attorney's Office for the District of Columbia and the Computer Crime and Intellectual Property Section of the Criminal Division. Assistance is also being provided by the Child Exploitation and Obscenity Section and the Asset Forfeiture and Money Laundering Section of the Criminal Division.

An indictment is merely an accusation and the defendants are presumed innocent unless and until proven guilty.
U.S. Department of Justice

CONTACT: U.S. Department of Justice, +1-202-514-2008, or TDD,
+1-202-514-1888

Web site: http://www.usdoj.gov/