Tag: Crime and Fraud

Texas Man Arrested for Fraud Involving Rare Coins

Texas Man Arrested for Fraud Involving Rare Coins

Worked for different coin companies in Beaumont over a period of five years By CoinWeek News Staff ….   Last Wednesday on July 12, the United States Attorney’s Office for the Eastern District of Texas announced that 42-year-old Wesley Judy Pollard, Jr. of Beaumont had been arrested earlier that day on allegations of federal mail […]

German Police Make Arrests in Theft of 100 Kilo Big Maple Leaf Gold Coin

German Police Make Arrests in Theft of 100 Kilo Big Maple Leaf Gold Coin

No sign of the “Big Maple Leaf”, worth over $4 million US By CoinWeek News Staff ….   Last week, German authorities released closed-circuit surveillance footage of three suspects allegedly responsible for the March 27 theft of the 220-pound “Big Maple Leaf” gold coin from the Bode Museum in Berlin. Ultimately, however, the suspects were […]

Perth Mint Considers New Security Measures

Perth Mint Considers New Security Measures

Includes special bras for female employees By Everett Millman – Gainesvillecoins.com ……   Combating counterfeits and theft are among the chief concerns facing any government mint. In an effort to both weed out and deter fakes of all sorts, many mints have begun including special security measures on their gold and silver bullion coins. Over […]

Asset Management to Pay Almost $2 Million Over Illegal Precious Metals Transactions

Asset Management to Pay Almost $2 Million Over Illegal Precious Metals Transactions

By Commodity Futures Trading Commission ….   The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Jose E. Martinez of the U.S. District Court for the Southern District of Florida entered a Consent Order against North American Asset Management, LLC (NAAM) of Fort Lauderdale, Florida, its owner and president Alexi Bethel of Miami, Florida, […]

Mystery Babylon: Revelations Lead to Fraud Convictions for “End of the World” Gold Scammers

Mystery Babylon: Revelations Lead to Fraud Convictions for “End of the World” Gold Scammers

Former politician Larry Bates played on the beliefs of fellow Christians to sell gold and silver that he never delivered By Hubert Walker for CoinWeek ….   Seventy-year-old Larry Bates is a talk radio CEO, a former Tennessee state representative, and a gold and silver bullion dealer. Now, after a five-week trial in Memphis back […]

Feds Order Kelvin Burgos to Pay More Than $486,300 for Illegal Precious Metals Transactions

Feds Order Kelvin Burgos to Pay More Than $486,300 for Illegal Precious Metals Transactions

By Commodity Futures Trading Commission ….   The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Cecilia M. Altonaga of the U.S. District Court for the Southern District of Florida entered a final Order of Default Judgment (Order) against Defendants Kelvin Burgos and his company K.B. Concepts Group, LLC d/b/a Apex Asset Advisors, LLC […]

CoinWeek News Wire for May 26, 2017

CoinWeek News Wire for May 26, 2017

By Coinweek ….   CoinWeek News Wire for May 26, 2017 Brain Food 1.) How Learning to Love Coins Made the Vikings Modern The Vikings originally traded with precious metals by weight, known as a “bullion economy.” They accepted coins from other nations, but only as their weight value in gold or silver. As the […]

Federal Court Orders More Than $1 Million in Restitution from Guardian Asset Group

Federal Court Orders More Than $1 Million in Restitution from Guardian Asset Group

By Commodity Futures Trading Commission ….   On May 23, the U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Kenneth A. Marra of the U.S. District Court for the Southern District of Florida entered a Consent Order against Guardian Asset Group, LLC (Guardian) of West Palm Beach, Florida, and its owner and principal, Andrew […]

Texas Attorney General Issues Gold Coin Consumer Protection Tips

Texas Attorney General Issues Gold Coin Consumer Protection Tips

By Universal Coin & Bullion ……   With input from numismatic experts, the Attorney General of Texas, Ken Paxton, has issued a consumer protection alert about buying and selling gold coins. Award-winning rare coins and precious metals writer, Michael Fuljenz, President of Universal Coin & Bullion in Beaumont, Texas, provided continuing consultation to the attorney […]

FBI: Man Pleads Guilty To Coin And Jewelry Store Armed Robbery

FBI: Man Pleads Guilty To Coin And Jewelry Store Armed Robbery

By Federal Bureau of Investigation ….   A Las Vegas man pleaded guilty on May 17 to robbing a coin and jewelry store while pointing a gun at the elderly store owner and a customer, announced Acting U.S. Attorney Steven W. Myhre for the District of Nevada. Noah Patrick Fields, 22, pleaded guilty to one […]

Cultural Property Law Leads to Arrests of Coin Collectors in Munich

Cultural Property Law Leads to Arrests of Coin Collectors in Munich

By CoinWeek Staff Reports ….   If the March 4 arrests of coin collectors and a coin dealer at the 50th Numismata in Munich are any indication, collectors in the United States have reason to fear that Germany’s new Cultural Property Protection law may live down to the predictions of those who signed last year’s […]

Dealing With Criminals: Coin Dealers, Security Experts Weigh in on Safety at Coin Shows

Dealing With Criminals: Coin Dealers, Security Experts Weigh in on Safety at Coin Shows

Coin theft is one of the biggest threats coin dealers face, whether they are working out of a brick-and-mortar storefront or attending coin shows halfway across the country By Joshua McMorrow-Hernandez for CoinWeek.com ……   It doesn’t matter how big a show is or where it’s held, all coin shows present inherent security risks. It […]

Four Million Dollar 100 Kilo Gold Coin Gestohlen!

Four Million Dollar 100 Kilo Gold Coin Gestohlen!

By CoinWeek News Staff …..   Officials at the Bode Museum in Berlin awoke to the shocking reality that one the museum’s most valuable holdings, a 100-kilogram pure gold Canadian coin weighing about 220 pounds and with a face value of one million dollars Canadian had been spirited away by a team of thieves overnight, […]

CoinWeek News Wire for March 10, 2017

CoinWeek News Wire for March 10, 2017

By Coinweek ….   CoinWeek News Wire for March 10, 2017 Brain Food 1.) Switzerland ranked world’s worst currency manipulator The Economist magazine placed Switzerland first in a recent ranking of currency manipulators. According to the analysis, China, commonly thought of as the world’s champion at keeping its currency’s value artificially low, appears to be […]

FBI: Former New Jersey Coin Dealer Admits Identity Theft, Income Tax Evasion

FBI: Former New Jersey Coin Dealer Admits Identity Theft, Income Tax Evasion

By Federal Bureau of Investigation ….   [UPDATE, 3/5/2017: The Professional Numismatists Guild (PNG) issued the following statement on March 2 in reference to this case. –CoinWeek] The Professional Numismatists Guild (www.PNGdealers.org) has accepted the resignation of PNG member-dealer William Dominick of Naples, Florida. PNG Executive Director Robert Brueggeman had suspended Dominick pending ratification of […]

CFTC Charges Florida Companies in Fraud Schemes Involving Gold

CFTC Charges Florida Companies in Fraud Schemes Involving Gold

By Commodity Futures Trading Commission ….   The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing of a federal civil enforcement action in Florida charging Defendants Carlos Javier Ramirez, Gold Chasers, Inc., and Royal Leisure International, Inc., all with last known addresses in Orlando, Florida, with misappropriating customer funds and engaging in fraudulent […]

CoinWeek News Wire for March 3, 2017

CoinWeek News Wire for March 3, 2017

By Coinweek ….   CoinWeek News Wire for March 10, 2017 Brain Food 1.) Coins tell tales of kings, their fancies The longest reigning ruler Aurangazeb changed his monetary system so many times in his 49 years of reign that numismatist and author of the book South Asian Coins and Paper Money, Rajender Marudhar, says […]

CoinWeek News Wire for February 17, 2017

CoinWeek News Wire for February 17, 2017

By Coinweek ….   CoinWeek News Wire for February 17, 2017 Brain Food 1.) A walk through the coinage of ancient India “The first known coins of India, the silver bent bars of the Gandhara Janapada region (Afghanistan, which was part of India), were punch marked coins with symbols of flowers on each side dated […]

By February 17, 20170 Comments Read More →
Gold & Silver PAC February 2017 e-Newsletter

Gold & Silver PAC February 2017 e-Newsletter

By Scott Barman for the Gold & Silver PAC …..   From the Political Coordinator As I was sitting down to talk with an old friend over coffee, he turns to me and says, “I think frankly when it comes to chaos you ain’t seen nothing yet.” This Washington veteran, who began his career as an […]

Crime & Fraud: Zany Stolen Coin Heist Solved

Crime & Fraud: Zany Stolen Coin Heist Solved

Photo from the Bristol Post By Shaquille Brissett for Gainesville Coins ….   Here’s a caper that’s perhaps more fit for the silver screen than a news site, but it’s true nonetheless. Over £33,000 (approx. $41,250 USD) in stolen coins were taken from a distribution company in the Stoke Gifford village of South Gloucestershire, England. […]

Federal Court Orders Nevada Man to Pay $2.9 Million+ Penalty for Illegal Precious Metals Transactions

Federal Court Orders Nevada Man to Pay $2.9 Million+ Penalty for Illegal Precious Metals Transactions

Court Earlier Entered a Default Judgment Order against Oakmont Financial, Inc. By Commodity Futures Trading Commission ….   The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge William P. Dimitrouleas of the U.S. District Court for the Southern District of Florida entered an Order of Final Judgment by Default (Order) against Defendant Joseph Charles […]

NCIC: Reward Offered for Recovery of Stolen Coins

NCIC: Reward Offered for Recovery of Stolen Coins

By Numismatic Crime Information Center …….   On Friday January 6, 2017, during the FUN Show, the hotel room of a collector was burglarized, resulting in the loss of 19 coins, mostly US Bust Half-Dollars. An itemized list appears below. The total value exceeds $40,000 USD. Fort Lauderdale police and Doug Davis of the Numismatic […]

Be Wary of So-Called “Trump Coins” Cautions Professional Numismatists Guild

Be Wary of So-Called “Trump Coins” Cautions Professional Numismatists Guild

So-called “Trump coins” are being offered in the marketplace, and they may be delightful souvenirs, but in many cases should not be mistaken for “rare coins,” cautions the Professional Numismatists Guild. In some cases, the items being offered are not even actually coins despite how they’re advertised, according to the PNG. “Buyers today may be […]

CoinWeek News Wire for January 27, 2017

CoinWeek News Wire for January 27, 2017

By Coinweek ….   CoinWeek News Wire for January 27, 2017 Brain Food 1.) Should bank tellers reveal the value of old coins? A teenager takes a bunch of old coins, some of them may be of silver or antiques, to a bank and gets just the face value of them in exchange. The question, […]

CoinWeek News Wire for December 23, 2016

CoinWeek News Wire for December 23, 2016

By Coinweek ….   CoinWeek News Wire for December 23, 2016 Brain Food 1.) Q&A: James Halperin How did a pair of college dropouts who were business rivals come together to form what is now the third largest US-auction house with annual sales in excess of $860,000? Our merger occurred in 1982 when the coin […]

By December 23, 20160 Comments Read More →
Coin Shop Triple Murder Suspects Arrested

Coin Shop Triple Murder Suspects Arrested

By CoinWeek News Staff ….   A man and a woman suspected in the December 17 murder of a Jackson, Mississippi coin shop owner and his two employees have been arrested. On Saturday, someone entered Bill’s Coin Stamp and Jewelry and shot to death store owner Cleveland “Bill” Mosley (81), Robert Ivy (60) and Ted […]

By December 21, 20160 Comments Read More →
Triple Murder at Mississippi Coin Shop

Triple Murder at Mississippi Coin Shop

By CoinWeek News Staff ….   Three people were killed at a coin shop in Jackson, Mississippi on Saturday, December 17. The owner of the store, Cleveland “Captain Bill” Mosley, 81, was among the victims. Robert Ivy, 60, and Ted McLemore, 77, were also murdered in an apparent robbery/homicide. Jackson police received a call concerning […]

By December 19, 20160 Comments Read More →
Gold & Silver PAC December 2016 e-Newsletter

Gold & Silver PAC December 2016 e-Newsletter

By Scott Barman for the Gold & Silver PAC …..   From the Political Coordinator I have been working for the federal government as a contractor since 1996 making this the sixth general election I have witnessed alongside the career professionals working federal agencies. While it is against the law and employment policies to be involved […]

World Currency News – India Demonetizes 500 & 1,000 Rupee Banknotes

World Currency News – India Demonetizes 500 & 1,000 Rupee Banknotes

There was more than one surprise on election night… By CoinWeek Staff Reports ….   While much of the world–and certainly much of the world’s press–was otherwise occupied on election day, shortly before midnight on Tuesday, November 8, Indian Prime Minister Narendra Modi announced that the Indian 500 rupee (Rs 500, or ₹500) and 1,000 […]

By November 30, 20160 Comments Read More →
CoinWeek News Wire for November 4, 2016

CoinWeek News Wire for November 4, 2016

By Coinweek ….   CoinWeek News Wire for November 4, 2016 Canada 150 1.) Royal Canadian Mint unveils its 2017 Canada 150 circulation coin series The Royal Canadian Mint has unveiled its 2017 Canada 150 circulation coin series featuring the work of five Canadians selected by popular vote to design the tails side of the […]

 
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