E-Gold cops to e-money laundering

Knowingly served child predators, feds say Published Tuesday 22nd July 2008 18:32Â GMT Nail down your security priorities. Ask the experts and your peers at The Register Security Debate, September 24 2008. Online payment service E-Gold and three of its principals have pleaded guilty to criminal money-laundering charges following accusations they knowingly allowed child pornographers, investment scammers and other internet-based criminals to transfer funds related to their misdeeds. In an indictment handed down in April 2007, prosecutors accused E-Gold of knowingly offering services to a host of the net's most reviled actors. The company, which also did business under the name Omnipay, marketed itself as being outside the reach of US law enforcement, allowed customers to open accounts with names such as "Mickey Mouse" and "No... [read full story]