Senior citizens duped in precious metals scheme

摘要

A US Court has granted a motion to shut down an allegedcommodities and investment adviser fraud that solicitedmore than $185 million from senior citizens and otherinvestors by selling overpriced gold and silver coins inthe country.The California Department of Business Oversight (DBO)joined with the Commodity Futures Trading Commissionand 29 other states, in asking the US District Court for theNorthern District of Texas for a statutory restraining orderthat would bar Metals.com from further sales, freeze allrelated assets and appoint a receiver to take possessionof the company and affiliates.