Precious Metals Finance Schemers To Pay $35M In CFTC Suit

By Jeff Sistrunk ( August 7, 2014, 4:17 PM EDT) -- Purported precious metals wholesaler AmeriFirst Management LLC and its owners must pay $35 million in restitution and penalties to resolve a U.S. Commodity Futures Trading Commission suit alleging they operated an illegal, off-exchange financing scheme for gold, silver and platinum transactions, the CFTC said Thursday....

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