View Full Version : [GATA] BusinessWeek discovers fraud with gold, as if it is u

Peter Spina
3rd January 2006, 19:46
6:51p ET Tuesday, January 3, 2006

Dear Friend of GATA and Gold:

BusinessWeek today published an investigative report
about how one particular electronic gold payment
service is alleged to have been used by criminal

We almost surely will wait in vain for a similar
investigative report from BusinessWeek or any
other publication of the financial establishment
about how cash, bank accounts, credit cards,
brokerage firms, and investment houses have been
used by criminal organizations in schemes that
have dishonestly obtained infinitely more money
than has been dishonestly obtained through
electronic gold payment services.

No, as BusinessWeek implies, only GOLD needs to
be shut down -- precisely, we may suspect,
because it is a far greater ENEMY of all sorts
of frauds than it is their accomplice.

The BusinessWeek report is appended.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

* * *

Gold Rush: Online payment systems like e-gold Ltd.
are becoming the currency of choice for cybercrooks

By Brian Grow, with John Cady,
Susann Rutledge, and David Polek
January 9, 2006