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Federal Trade Commission v. Sterling Precious Metals, LLC et al
Case Number:
9:12-cv-80597
Court:
Nature of Suit:
Judge:
Firms
Government Agencies
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August 22, 2013
Precious Metal Marketers Agree to $4.7M FTC Settlement
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.
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August 20, 2013
Metals Telemarketer To Pay $5M To Settle FTC Claims
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.