August 22, 2013
The Federal Trade Commission said Thursday that Florida telemarketers behind an allegedly fraudulent investment scheme used to con nearly $5 million from elderly consumers have been banned from selling precious metals and fined $4.7 million.
August 20, 2013
Sterling Precious Metals LLC agreed Monday to pay $4.7 million to settle claims from the Federal Trade Commission that it had lured customers into contracts for metal and other investments without properly disclosing the terms of the deals.