Perth Bullion Liquidation

Discussion in 'General Precious Metals Discussion' started by nighttrader, Jul 9, 2019.

  1. GeordieGirl

    GeordieGirl Member

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    Thank you. I'm currently waiting for them to open so I can ring them. :)
     
  2. bron.suchecki

    bron.suchecki Well-Known Member

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    If it is under $5k just come into our Perth office and pay cash, no ID required.
     
  3. GeordieGirl

    GeordieGirl Member

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    Thank you bron.suchecki
     
  4. Agnostic

    Agnostic Active Member Silver Stacker

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    Former Perth Bullion Company employee Melissa Anne Langridge jailed for stealing $30k worth of coins

    Shannon Hampton The West Australian
    Thursday, 19 December 2019 3:08PM

    A gold thief wept as she was taken in to custody after she was jailed for a year for stealing valuable coins and bullions worth more than $30,000 from her employer and selling them to pay her bills.

    Melissa Anne Langridge, 32, admitted stealing 60 silver and gold coins and bars worth $31,437 while she was working as a customer service officer at the Perth Bullion Company earlier this year.

    The court was told part of Langridge’s job was to receive “buy back” items from customers and to set up and back away display cabinets, and she periodically took the items for herself.

    Langridge then sold the gold and silver to The Perth Mint Shop — once enlisting a friend to do it — receiving thousands of dollars straight into her bank account —in amounts of up to $7700 at a time — in return.

    Her lawyer told the court her client was experiencing financial difficulty following a period of unemployment before taking up a job at the company, and was unable to pay her rent and debts.

    The court was told Langridge asked her friend to sell some of the coins because she was a separated mother and she felt sorry for her and thought she could help.

    Langridge “couldn’t resist the temptation when she saw these items there, and she could solve some of these problems that were mounting up for her”, the court was told.

    She spent the money on bills, personal debts, and to pay the overdue amount on a car loan.

    Her lawyer said she was remorseful and had been publicly shamed in the media and “associated with the demise of the company”, which she said was not the case, with its debts running into millions.

    The company was placed into liquidation in July over a $2 million debt to the Australian Taxation Office.

    Chief Magistrate Steven Heath was told Langridge had major depression, with her mother dying suddenly from a terminal illness, her cousin dying from cancer, her father being diagnosed with Huntington’s disease and suffering herself from a chronic illness herself.

    Mr Heath acknowledged Langridge’s personal suffering and that “this is not a case where you spent this money on extravagant items or a luxury lifestyle”.

    But he said “on the other hand, stealing as a servant is regarded as a particularly serious offence because it involves a breach of trust”.

    Mr Heath said the stealing happened over an extended period of time, and that her crimes were too serious for anything but an immediate term of imprisonment.

    Langridge sobbed as she was taken into custody and was handed tissues by a security guard as she was comforted by her lawyer.

    She will have to serve six months behind bars before becoming eligible for parole. Orders for the return of the items to the Perth Bullion Company and restitution to the Perth Mint Shop were made.
     
  5. bron.suchecki

    bron.suchecki Well-Known Member

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    Has anyone got an update what is going on with the liquidator and people getting back their metal?
     
    66rounds likes this.
  6. bbfounder

    bbfounder New Member

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    I believe there are around 4 safety deposit box or allocated holders left yet to receive their goods back
     
    jultorsk likes this.

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