A National Securities Arbitration & Investment Fraud Law Firm
In a recent press release, the Commodities Futures Trading Division (CFTC) has announced that a Federal Court has ordered a California-based precious metals trading firm to return more than $38 million in fraudulently obtained funds to their company’s customers, and sanctioned it for fraud and violations. The CFTC has entered…
On July 1, 2021, the US attorney for the Southern District of New York announced that Ross Baldwin of Precious Commodities, Inc. (PCI) and National Coin Broker, Inc. (NCB) has been criminally charged for an alleged fraud related to a precious metals leasing scheme involving millions of dollars. Silver Law…
Silver Law Group is representing investors who purchased precious metals on a leveraged basis or on margin, particularly silver, through Worth Group and/or Treasure Coast Bullion Group and lost their entire investment after a “wipeout” event in March 2020. Worth Group and Treasure Coast are precious metals sales companies with…
The CFTC, along with the Utah Department of Commerce, Division of Securities, through its Attorney General, jointly filed a civil enforcement action in the U.S. District Court for the District of Utah, Central Division. They filed against Gaylen Dean Rust and his business Rust Rare Coin (RRC). The complaint charges…
A putative class of investors sued JPMorgan Chase & Co. and a group of precious metals traders employed by the bank in New York federal court Wednesday, saying they manipulated futures contracts through spoofing, days after the U.S. Department of Justice announced a former trader had pled guilty to his…
There are many different types of investment and securities fraud scams designed to bilk investors out of millions of dollars. Sometimes even billions. As was the case of one of the world’s most famous Ponzi schemers, Bernie Madoff, who is spending the rest of his life in prison. Attorney Scott…