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Business ProfileforFirst State Depository Co. LLC
Additional business information
U.S. Attorney for the District of Delaware announced today that Robert L. Higgins, age 67, of West Chester, PA, was indicted in a Second Superseding Indictment on eight counts of fraud and five counts of tax evasion.
The Indictment charges that Higgins owned and operated businesses in Wilmington, including First State Depository Company, Certified Assets Management, Inc., and Argent Asset Group, LLC, which were involved in the purchase, storage, and sale of precious metals.
More specifically, the Indictment charges that:
•In 2012, Higgins accepted money from an investor for the purchase of silver but had no intent to deliver on that promise and instead fraudulently used the money to operate his businesses, which were on the verge of financial collapse, and which did collapse by approximately the end of 2012.
•Higgins refused the investor’s repeated demands for the full return of his approximately $828,000 investment.
•Higgins ultimately met with the victim investor and lied to him about the true history of his investment.
•Higgins evaded personal income taxes for the years 2015 through 2019 by diverting Argent Asset Group business funds to pay personal expenses, and by filing false returns with the IRS.
An Indictment is merely an accusation. A person is presumed innocent until proven guilty.
The case is being investigated by the FBI and IRS-Criminal Investigation. Assistant U.S. Attorney Edmund Falgowski is prosecuting the case.
Related court documents and information is located on the website of the District Court for the District of Delaware or on PACER by searching for Case No. 22-44 MN.
At-a-glance
Overview
Business Details
- Location of This Business
- 100 Todds Ln, Wilmington, DE 19802-3212
- BBB File Opened:
- 3/13/2009
- Years in Business:
- 17
- Business Started:
- 6/1/2006
- Licensing Information:
- This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
- Type of Entity:
- Limited Liability Company (LLC)
- Business Management
- Mr. Robert L Higgins, Chairman
- Mrs. Vicki L Reid, Director of Operations
- Contact Information
Customer Contact
- Mr. Robert L Higgins, Chairman
- Mrs. Vicki L Reid, Director of Operations
- Additional Contact Information
Fax Numbers
- (302) 765-2763Primary Fax
- (302) 884-7840Other Fax
Phone Numbers
- (866) 972-3732Other Phone
- (302) 765-2763
Customer Complaints
2 Customer Complaints
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File a ComplaintMost Recent Customer Complaint
10/11/2021
- Complaint Type:
- Billing Issues
- Status:
- Unanswered
Customer Reviews
5 Customer Reviews
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Most Recent Customer Review
Gregg M
08/15/2023
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