2008-08-11

E Bullion owner killed . Will this affect PTE?

E Bullion owner killed . Will this affect PTE?
The Los Angeles Times has reported the death of the co-owner of E-Bullion, 45 year-old Pamela Fayed.
On August 2nd her husband was taken into custody for fraud by the FBI. Now parking garage cameras have identified the vehicle leaving the scene as coming from a rental car agency that James Fayad's credit card was used for the rental. I have a page devoted to this here. http://www.detailshere.com/ebullionfiasco.htm and will keep it updated as more information becomes available. Does this mean the demise of E Bullion?? It's too early to tell. Meanwhile I am taking no more funds in for PTE via ebullion until we can determine if ebullion will survive or we have to change processors. QLx3 has already changed processors. If we change processors I will probably lean towards SolidTrustPay although that is not for certain as of today. We have had NO loss of any funds in PTE in the past four years due to hackers using the E Bullion cryptocarded system which is very safe. I do not want to abandon it unless we have to.

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