Tag: Merit Gold & Silver

Santa Monica Obtains $2 Million Judgment Against Merit Gold and Silver

Santa Monica Obtains $2 Million Judgment Against Merit Gold and Silver

Third Santa Monica Case Against National Gold Coin Dealers By Santa Monica City Attorney’s Office….   The Santa Monica City Attorney’s Office has obtained a $2 million court judgment against precious metals dealer Seacoast Coin, Inc., formerly doing business as Merit Financial and Merit Gold and Silver. Merit was based in Santa Monica but did […]

By December 3, 2015 0 Comments Read More →
As Legal Issues Mount, Merit Gold Customers Seek Relief

As Legal Issues Mount, Merit Gold Customers Seek Relief

By Charles Morgan and Hubert Walker for CoinWeek… In CoinWeek’s initial report on Merit Gold and Silver, we wrote that the Santa Monica City’s Attorney’s Office had filed a complaint against the firm, alleging that Merit had “engaged in an aggressive, nationwide fraud scheme that… bilked customers out of tens of millions of dollars”, and […]

Merit Gold & Silver No Longer Accepting Bullion Orders; Going Out of Business (Update)

Merit Gold & Silver No Longer Accepting Bullion Orders; Going Out of Business (Update)

By Hubert Walker for CoinWeek….   Visitors to the website of Merit Gold and Silver, a Santa Monica, California-based bullion and precious metals dealer, have seen a message stating that, as of August 5, the company is “no longer accepting bullion orders.” There is no explanation on the website why the company has stopped taking […]

By August 20, 2014 38 Comments Read More →
 
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