Tag: consumer fraud

Texas Coin Dealer Sentenced to 10 Years for Theft

Texas Coin Dealer Sentenced to 10 Years for Theft

By Hubert Walker for CoinWeek…. On December 18, Edwin Chauncey, the former owner and operator of Chauncey’s Rare Coins and Currency in Lubbock, TX, was sentenced to 10 years in prison for swindling $1.24 million from customers. Standing before Judge Brad Underwood of the 364th District Court in Lubbock County, Chauncey, 66, plead guilty in […]

By December 26, 2014 2 Comments Read More →
NCA RECOVERS MORE THAN $1 MILLION FOR BUYERS OF OVERPRICED COINS

NCA RECOVERS MORE THAN $1 MILLION FOR BUYERS OF OVERPRICED COINS

The Numismatic Consumer Alliance, Inc. (NCA) helped recover more than $1.1 million in the last eight months of 2011 for victims of unscrupulous coin sales, according to John Albanese, founder and president of the not-for-profit watchdog organization. NCA intervention in eight cases led to settlements totaling $1,114,200 for buyers who unwittingly purchased grossly overpriced coins, […]

By February 7, 2012 2 Comments Read More →
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