Good news for E-gold supporters. Douglas Jackson as with the rest of other directors of E-Gold is spared from jail term. More from Cnet,
Gold & Silver Reserve CEO Douglas Jackson was sentenced to 300 hours of community service, a $200 fine, and three years of supervision, including six months of electronically monitored home detention. He had faced a maximum sentence of 20 years in prison and a $500,000 fine.
Jackson was spared a heavier fine because, according to his attorney, he’s deeply in debt. “Dr. Jackson has suffered, will continue to suffer, and may never be successful with E-Gold,” the judge said.
As of with Mark Herpel’s DGCMagazine as well. If you haven’t already read about e-Gold’s new goals to bow to the Feds on their requirements, get your fix from him. It spells out pretty well to where e-Gold direction will be heading for the next decade.
At least we’re not just seeing something like “Site Undergoing Maintenance” for eternity.. If you know what I mean.
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Interesting post. This is indeed great news for eGold supporters, but perhaps not so great for people who expected a heavier sentence. What he got pales in comparison to the alternative.
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