Regulation
CFTC Imposes $145.7M Penalty on Fraudulent Silver Scheme
The scam, ongoing since 2014, involved selling silver coins to more than 200 investors, who then leased them back in exchange for monthly payments.
Tag: silver coins
Risk
SEC Charges Investment Firm for Fraudulent Coin Scam
Red Rock Secured allegedly tricked victims into selling off 401(k) assets to invest in coins at an exorbitant markup.