CEPTrust : Discontinuation of E-gold

April 28, 2007

This is a new update from Ceptrust they are discontinuing e-gold:

Due to the indictment of E-gold Ltd and its owner Dr. Douglas L. Jackson, CEP Trust, LLC will cease using the services of Egold Ltd immediately. The funding and withdrawal options for e-gold have been turned off as of 9:00 PM Central Standard Time. Pending fundings will be verified and accounts credited appropriately. Any funds sent to the e-gold account used by CEP Trust, LLC directly will not be monitored and will be considered lost. Only funding attempts made before 9:00 PM CST will be honored.

All 7 day pending withdrawals to e-gold dated after April 20th, and all 2 day requests dated after April 25th have been canceled and the funds have been returned to the CEP Trust accounts. All members who have pending 7 day withdrawal requests that were made on April 20th will have the opportunity to cancel their withdrawal request should they choose to do so by submitting a ticket from their respective CEP Trust member area only (e-mails and phone calls for this matter will not be accepted) with the subject “Cancel E-gold Withdrawal”. Members will have until 6:00 PM Central Standard Time on Saturday, April 28 to submit this ticket requesting that the withdrawal be canceled. After 6:00 PM CST, the remainder of the withdrawal requests dated April 20th will be fulfilled.

We will be offering bank wire withdrawal services through your member area beginning early next week. This should be a useful feature for many of you, and a good replacement for e-gold. We will inform you when this function is ready. Thank you, as always, for using CEP Trust as your internet payment solution! We are happy to serve you.

Trevor E. Reed

Posted in Payment Processor