Yellow Fever (Forbes magazine article on e-bullion and James Fayed)
Forbes Magazine story by Dirk Smillie, 12.08.08
James Fayed was a smart, early player in the digital gold currency business. Today he’s in jail, indicted for murder–and likely to be charged with laundering $1 billion or so.
Even the nastiest divorces don’t play out this badly: starting with investigations by the FBI, the IRS and the Justice Department–and ending with the murder of the wife, slashed to death in a parking lot, and the seizure of $24 million in gold and cash.
At the heart of the ugly dispute between James Fayed, 45, and his wife, Pamela, 44 at the time of her death, was the gold brokerage business they had founded and run, Goldfinger Coin & Bullion, from their ranch in Camarillo, Calif. James is being held in a Los Angeles jail, facing murder and conspiracy charges–and an imminent indictment for money laundering.
