Over half a million silver coins just vanished
A precious metals dealer has been asked to pay up $146 million in damages after over half a million silver coins went missing. • Robert Higgins ran a…
Source: biztoc.com
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US court orders $146m penalty over 500,000 missing silver coins
The weight and purity of American Silver Eagle coins are guaranteed by the US government.
Source: yahoo.com
Financial Crime: An empty vault: Silver dealer ordered to pay $146 million in case of 500,000 missing coins
When investigators went into the vault where Robert Higgins claimed he kept half a million of his customers’ silver coins, all they say they found were empty…
Source: biztoc.com
Silver coins, promised profits, and an empty vault: How a silver dealer's slow theft of investors' precious American Eagle coins ended in a $146m fine
Accountants who checked the inventory in the vaults said some customers didn't even have a deposit box.
Source: yahoo.com
A $113 million scam ripped off buyers of silver and gold coins
Instead of the assets, customers' boxes contained "IOU" slips
Source: qz.com