Jeffrey Ikahn News Today

INDIANAPOLIS – Indiana Secretary of State Diego Morales and Indiana Securities Commissioner, Marie Castetter announced a settlement with precious metals dealer Safeguard Metals, LLC and Jeffrey Ikahn in a federal lawsuit. The lawsuit alleged that Safeguard and Ikahn engaged in a nation ...

Elderly Hoosiers will get nearly $900,000 as part of a settlement reached in an investment scam. The settlement was with Safeguard Metals

Ohio Attorney General Dave Yost has entered into a consent agreement with California-based Safeguard Metals and its owner over a multimillion-dollar scheme in which hundreds of elderly Americans – including 18 Ohioans – were persuaded to liquidate their retirement accounts with legitimate investment firms and invest in fraudulently overpriced silver coins and other precious metals sold by the defendants.

Oregon financial regulators have reached a settlement with a precious metals dealer that allegedly targeted hundreds of elderly people in 30 states who sunk millions of dollars into overpriced silver

Oregon financial regulators have reached a settlement with a precious metals dealer that allegedly targeted hundreds of elderly people in 30 states who sunk millions of dollars into overpriced silver

Oregon financial regulators have reached a settlement with a precious metals dealer that allegedly targeted hundreds of elderly people in 30 states who sunk millions of dollars into overpriced silver

Charged with $68 million in precious metals fraud, Safeguard Metals has entered into a consent order with the CFTC and 30 states.

<strong>The case alleges defendants deceived elderly and retirement-age customers by inflating the price of its precious metal coins.</strong>

Investors 'suffered substantial losses' in retirement funds, including one Idaho retiree whose coin purchase lost $241,385 in value in less than a day, the suit alleges.

A settlement was reached in a lawsuit that alleges that a nationwide company engaged in a $68 million fraudulent scheme that targeted the elderly.