MAGNACASH INC
S-1, EX-23.1, 2000-08-04
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                                                                    EXHIBIT 23.1


                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS


     As independent public accountants, we hereby consent to the use of our
report (and to all references to our Firm) included in or made a part of this
registration statement.


San Francisco, California                        Arthur Andersen LLP
August 3, 2000



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