Precious metals scam was Ponzi

摘要

Four American men were recently indicted in connection with a precious metals investment scheme. They are accused of operating several brokerage firms offering investors the opportunity to buy gold, silver, platinum and palladium bullion, which would be stored for the investors in depository vaults. Instead, it is alleged the four kept the investors' money for themselves, diverting millions of dollars. And when the Ponzi scheme collapsed, their investment companies Global Bullion Trading Group, Capital Asset Management and Certified simply filed for bankruptcy.