LIBERTY RESERVE HAS BEEN DOWN SINCE THURSDAY...
ACCORDING TO SOME NEWS, THE OWNER WAS ARRESTED...
ONE OF THE CHARGES AGAINST ARTHUR BUDOVSKY IS MONEY LAUNDERING

Arthur Budovsky, the owner of the payment processor Liberty Reserve, was arrested in Spain with charges of money laundering. The site has been down for over 24 hrs and some administrators of different websites are sending information regarding the case, one of them, One Dollar Invest Biz, sent us this email:

"I am Katie and Administrator of OneDollarInvest.Biz, As you know recently LibertyReserve closed. So, We decided to add PerfectMoney for further funding. Your and our LR funds are already lost. We removed all the history of LibertyReserve transactions from your account. You can start funding through PerfectMoney"

Bit Coin Magazine, a well known internet newsmedia related to money, wrote that "Liberty Reserve, one of the more popular alternative payment processors for the USD and Euro, has been shut down and its owner, Arthur Budovsky, arrested in Spain as part of a joint money laundering investigation by police in the United States and Costa Rica. Budovsky had been arrested before in 2006, when he and Vladimir Kats were arrested for operating Gold Age, a digital currency exchanger which the US federal government deemed to be a money transmitting business, without a license. However, they received probation, and Budovsky continued to operate Liberty Reserve. This time, the underlying cause of the arrest was money laundering; “Budovsky’s businesses in Costa Rica apparently were financed by using money from child pornography websites and drug trafficking,” BehindMLM writes.

We are just passing the information to all of you as we know you might be affected by this operation. For further information, you can try to call SEC (Security Exchange Commission).

You can read more of this case here:

 http://tinyurl.com/nvx8la3

http://bitcoinmagazine.com/liberty-reserve-shut-down-for-money-laundering/
http://www.isitdownrightnow.com/libertyreserve.com.html