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03/08/2012
The Texas Attorney General froze the assets of AGT American Silver and Gold March 1, and issued a temporary restraining order against the owners of the Austin-area company, which sells gold and silver bullion and coins.
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12/07/2011
U.S. Money Reserve of Austin, Texas has agreed to pay $5 million in restitution to customers as part of a settlement with the Texas attorney general. The BBB issued an alert on the firm in March.
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11/23/2011
Following an investigation conducted by the Texas Attorney General’s Office, Austin-based U.S. Money Reserve Inc., doing business as United States Rare Coin & Bullion Reserve, must provide $5 million in restitution to consumers. The settlement was finalized through an assurance of voluntary compliance signed by the company and the state of Texas last week. Additionally, the company must reform its sales practices to include additional disclosures regarding the coins sold to consumers.
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09/01/2011
With the price of gold at an all time high of more than $1,700 per ounce, Better Business Bureau is advising consumers to do their homework before making tempting gold transactions.
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10/06/2010
In these tough financial times, the price of gold is hitting all-time highs. It is at these economic crossroads that people often sell their little-used valuable jewelry to help pay the bills.
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05/20/2010
Martin confirms all our worst fears about “Road Show” jewelry-buying operations: they’re not going to give you the amount of money you should be getting for your gold, jewelry, or collectible currency
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