AG Paxton Sues Precious Metals IRA and Bullion Coin Scheme that Defrauded Senior Investors of Over $185 Million

AG Paxton Sues Precious Metals IRA and Bullion Coin Scheme that Defrauded Senior Investors of Over $185 Million

Attorney General Ken Paxton

 AUSTIN – Attorney General Ken Paxton and the Texas State Securities Board joined the Commodity Futures Trading Commission and 29 other states to prevent Metals.com, Chase Metal, Barrick Capital, and others from continuing to defraud elderly people across the United States by convincing them to convert their retirement savings into precious metals. Documents provided to purchasers contained blatant misrepresentations, grossly inflating the true value of the metals. Senior citizens across the nation suffered substantial losses of their retirement savings by relying on these misrepresentations.    […]