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Maryland partners with CFTC, 26 state securities regulators to stop $68 million precious metals scheme that targeted seniors

Posted on by Chris Montcalmo

BALTIMORE, MD—The Office of the Attorney General’s Securities Division this week announced that it is participating in a multi-jurisdictional, coordinated enforcement action to stop a fraudulent precious metals scheme that resulted in investments exceeding $68 million from at least 450 investors nationwide. The Securities Division has joined the Commodity Futures Trading Commission (CFTC) and 26 other state securities regulators in […]

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Attorney General Frosh leads effort to charge precious metals dealers in $185 million scheme targeting retirement-age investors

Posted on by Chris Montcalmo

BALTIMORE, MD—Maryland Attorney General Brian E. Frosh has announced that his Securities Division has collaborated with the Commodities Futures Trading Commission (CFTC) and 29 other states in filing a complaint in the U.S. District Court for the Northern District of Texas alleging related companies Metals.com and Barrick Capital, Inc. solicited $185 million from retirement-age investors, including at least $3 million […]

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