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The sheriff's office is warning that people are being approached by men at local gas stations and being asked to exchange cash for fake gold.
Unlike some other firms, Augusta Precious Metals clearly lays out its fee structure on its website. Specifically, you’ll pay $50 to open a gold IRA, along with a $125 annual custodian fee.
In November 2018, Gaylen Rust of Utah was accused of operating a Ponzi scheme masquerading as a precious metals investment pool generating growth of 25–40% per year, scamming between $47 million and $200 million from more than 200 investors. [164]
Report scam phone number If you receive such a call and question the legitimacy of the call, please contact the Augusta County Sheriff’s Office at (540) 245-5333.
Apart from precious metals like gold and silver, the metals most commonly stolen are non-ferrous metals such as copper, aluminium, brass, and bronze. However, even cast iron and steel are seeing higher rates of theft due to increased scrap metal prices. [2] [3] One defining characteristic of metal theft is the motivation.
Goldline, LLC was a retail seller of gold and silver coins, and other precious metals for investors and collectors. [1] Goldline traced its formation to a Deak & Co. subsidiary created in 1960, a firm that in the late 1970s was the largest storefront gold retailer and later went into bankruptcy in the 1980s.
Myth #2: Red cars cost more to insure. One of the most persistent myths about auto insurance is that insurance companies charge more to insure red cars.
Blanchard and Company is an American investment firm specializing in rare coins and precious metals, including gold bars, silver coins and bars, platinum, and palladium. [ 1 ] History