"Global Bullion Exchange" owner sentenced in USD $29.5M Ponzi scheme

Discussion in 'Gold' started by Bunker, Nov 23, 2011.

  1. Bunker

    Bunker Member

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    http://www.sun-sentinel.com/news/lo...bal-bullion-exchange-20111118,0,3291746.story

     
    Bunker, Nov 23, 2011
    #1
  2. goldpelican

    goldpelican Administrator Staff Member

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    How inconvenient.
     
    goldpelican, Nov 23, 2011
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  3. hiho

    hiho Active Member Silver Stacker

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    how anyone can trust their hard earned in any paper asset class is beyond me? The day the let us have our SMBA self managed bank account :/ will be the day I feel totally free of this corrupt system
     
    hiho, Nov 23, 2011
    #3
  4. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    He was going to transfer the bullion onto his boat. So that he could have a boating accident.
     
    Shaddam IV, Nov 23, 2011
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  5. bron suchecki

    bron suchecki Active Member Silver Stacker

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    "grandiose-sounding" - rule of thumb, the more grandiose sounding, the more likely a scam.
     
    bron suchecki, Nov 23, 2011
    #5
  6. thatguy

    thatguy Active Member

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    yet again if you can't touch it you don't own it... + 1^100 for physical
     
    thatguy, Nov 23, 2011
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  7. dcl

    dcl Member

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    1^100 = 1 :)
     
    dcl, Nov 23, 2011
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