
The exact quote was, “If there is the slightest amount of probable cause for criminal fraud you can count on law enforcement pulling that trigger and arresting James Fayed just to lift his passport if for no other reason pending any trial. Let me go out on a limb and predict that a quick arrest unrelated to murder is in the cards.”
The L.A. Times has just reported the arrest of James Fayed by FBI agents in connection with business irregularities involving, Goldfinger Coin and Bullion Sales and a second Internet business, e-Bullion.
Last night Law enforcement officers executed search warrants of Fayed’s Moorpark home and business locations. Fayed was arrested and is being housed without bail in the Ventura County Jail pending his appearance before a U.S. District Court Magistrate. Bail will be set and Fayed will be required to surrender his passport prior to being released on any posted bond.
This arrest now gives the LAPD time to analyze evidence obtained so far in their ongoing murder investigation. I suspect Anthony Fayed may also wind up in law enforcement’s crosshairs before long.
Updated! Click here for the very latest information on this investigation
Read the L.A. Times report here.
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