precious metals schemes

PP Blog Tag archives on references to "precious metals schemes."

BULLETIN: FLORIDA — AGAIN: FTC Says ‘High-Pressure’ Telemarketers Conned Seniors In ‘Precious Metals’ Boondoggle; Federal Judge Issues Asset Freeze, Appoints Receiver

BULLETIN: FLORIDA -- AGAIN: FTC Says 'High-Pressure' Telemarketers Conned Seniors In 'Precious Metals' Boondoggle; Federal Judge Issues Asset Freeze, Appoints Receiver

BULLETIN: A federal judge has frozen the assets of three Florida companies and their operator, after the Federal Trade Commission alleged a “precious metals” telemarketing scam aimed at senior citizens was under way and had collected nearly $9 million. Named defendants in the case were Anthony J. Columbo, Premier Precious Metals Inc., Rushmore Consulting Group Inc. […]

South Carolina Attorney General Alleges Ponzi Scheme And False Statements By Purveyor; U.S. Secret Service Seen Carting Boxes From Purported ‘Precious Metals’ Business

South Carolina Attorney General Alleges Ponzi Scheme And False Statements By Purveyor; U.S. Secret Service Seen Carting Boxes From Purported 'Precious Metals' Business

UPDATED 7:31 A.M. ET (U.S.A., MARCH 17) State officials in South Carolina say Ronnie Gene Wilson and Atlantic Bullion and Coin Inc. were running a “precious metals” Ponzi scheme that gathered about $70 million from “numerous” investors in 25 states over the past three years. After dark  Thursday, the U.S. Secret Service was seen carting […]