Case against American Precious Metals LLC

Discussion in 'The Hobby Lounge' started by selenahill21, Dec 26, 2014.

  1. selenahill21

    selenahill21 Registered+

    Investing precious metal is great! Of all the precious metals, gold is the most popular as an investment. However, the Commodity Futures Trading Commission, a part of the Federal Trade Commission, is taking action against three different companies. Lawsuits have been filed and declared in the last few days. American Precious Metals, LLC is the latest business to be shut down in this review of precious metal investments. These businesses have been offering Ponzi scheme style investments in precious metals. Gold, silver, palladium, and other precious metals were offered, fraudulently, as investments by these businesses. I found this here: CFTC taking action against precious metal investment businesses.
     

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