08-18-2011, 09:46 PM
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Too lazy to set a custom title
Join Date: Jun 2006
Posts: 19,282
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Btw here is some scams and frauds with gold:
http://en.wikipedia.org/wiki/Gold_as...ams_and_frauds
For example, read this:
Quote:
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Cash for gold - With the rise in the value of gold due to the financial crisis of 2007-2010, there has been a surge in companies that will buy personal gold in exchange for cash, or sell investments in gold bullion and coins. Several of these have prolific marketing plans and high value spokesmen, such as prior vice presidents. Many of these companies are under investigation for a variety of securities fraud claims, as well as laundering money for terrorist organizations.[67][68][69][70] Also given that ownership is often not verified, many companies are considered to be receiving stolen property, and multiple laws are under consideration on methods to curtail this.[71][72]
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