Assistant Attorney General Brian A. Benczkowski said “The defendants and others allegedly engaged in a massive, multiyear scheme to manipulate the market for precious metals futures contracts and defraud market participants”
Don’t Fall Victim to Gold Investment Scams
These precious metals companies are top-rated in our Trusted Directory and have been fully vetted and reviewed as part of our 5-step verification process.
Precious Metals Scam Reports
The following Scam Reports are filed in the Precious Metals Investing category.
Read more →
The SEC is warning investors not to make investment decisions based solely on celebrity endorsements. It is never a good idea to make an investment decision just because someone famous says a product or service is a good investment.
Defendants Allegedly Fraudulently Solicited and Received more than $4 Million from Customers in Connection with Purported Gold Sales
Defendant received at least $550,000 from the scheme and acknowledged the proceeds were sent to a bank account he controlled in Belize.
The following information is designed to notify you about tricky promises of easy profits from rising prices in precious metals such as gold, silver, palladium, and platinum.
Bullion company owner is on California’s death row in relation to a separate investigation and conviction in state court for contracting with hitmen who murdered his wife in 2008.
Defendants are alleged to have fraudulently sold contracts of sale of silver in a nationwide scheme. $90 million Ponzi scheme, in violation of the Commodity Exchange Act (CEA) and CFTC regulations.
The CFTC Order requires Gold Coast Bullion to pay restitution totaling $5,940,124.16 and a civil monetary penalty of $3.75 million. In addition, the Order imposes permanent registration and trading bans.
Defendants are alleged to have solicited approximately $5.5 million from at least 80 customers to invest in precious metals, including gold, palladium, platinum, silver bullion and gold and silver coins
