A federal court has granted the Federal Trade Commission’s request for a lien on the Florida home of Sam J. Goldman, the operator of an alleged precious metals scam that conned senior citizens. For the first time, the FTC obtained a court order requiring the sale of a defendant’s Florida home to pay a fraud […]
Tag Archives: Southeast Region Consumer Protection Telemarketing Investment
FTC Settlement Bans Precious Metal Marketers from Selling Investment Opportunities
The operator of a bogus precious metals investment scheme that bilked millions of dollars from investors, including many senior citizens, is permanently banned from selling any investment opportunities under a settlement with the Federal Trade Commission. The settlement resolves FTC charges that Anthony J. Columbo and his companies, Premier Precious Metals Inc., Rushmore Consulting Group […]
FTC Takes Action Against Bogus Precious Metals Investment Scheme
The Federal Trade Commission took action to halt a telemarketing operation that allegedly took millions of dollars from senior citizens by conning them into buying precious metals on credit without clearly disclosing significant costs and risks, including the likelihood that consumers would subsequently have to pay more money or lose their investment. According to the […]