James Fayed

On Monday July 28, 2008 Jim Fayed's estranged wife Pamela Fayed was stabbed to death in a parking structure at 1875 E. Century Park in Century City, California. The crime occurred at 6:30PM in daylight and was overheard by numerous people who responded to the victim's screams. A surveillance camera recorded enough details for a rental car to be identified by license plate and for a suspect description to be announced. She was due to appear that day in one of several ongoing legal meetings in her divorce from Jim Fayed and was reportedly attempting to stop him from moving or hiding some of the joint assets involved in E-Bullion. On August 1, 2008 Jim Fayed was arrested under felony charges of conducting unlicensed money transactions via E-Bullion. Federal authorities have seized $60,000 in cash, $3,000,000 in gold bullion and a credit card that allegedly was used to pay for the rental car that fled from the murder scene.

Well, while one group of financial dealers are sacrificing thousands of people in order to make their fortune others prefer to get rid off just one person that poses an obstacle on their seizure of the money they are ‘eligible’ to possess. Surely the murder is not the only one crime committed by e-bullion owner Jim Fayed. It was just the last act in his fraudulent drama aimed at making profits. Money laundering and illegal money exchange were the first charges brought against him. People will remember James Fayed as one more e-gold like financial wheeler-dealer with a reputation of a wife-murderer on top.