Wednesday, November 26, 2014
1012 C Street  •  Floresville, TX 78114  •  Phone: 830-216-4519  •  Fax: 830-393-3219  • 

WCN Site Search


Lost & Found

If you are missing a pet in Floresville, be sure to check the Floresville holding facility. Animals are only kept for 3 days. Contact Las Lomas K-9 Rescue, 830-581-8041.
Lost: Cat, near Floresville H-E-B, grey striped with small white patch on her chest and white paws, stripes also make the shape of an M on forehead. 682-622-1626. 

VideoFound: Small shaggy dog, male, very friendly, possible Lhasa mix. If he's yours or if you want him text, 210-867-8706.
More Lost & Found ads ›

Help Wanted

Highway construction company looking for Project Manager for TxDOT and government contracts, Bexar County, must know how to read TxDOT plans, must be able to develop change orders, needs to be familiar with TxDOT spec book, must have driver license. Send resume to kbarservicesinc@aol.com or fax resume to 830-393-4009.
Tommy's Paint and Body Shop in Poth is seeking to hire paint and body workers with some experience. Apply in person at 1115 Railroad St., Poth.
More Help Wanted ads ›

Featured Videos





Video Vault ›
RE/MAX homeTNMCRichardson Chevrolet home

Consumer Updates


Agreement Provides Restitution to U.S. Money Reserve Customers




E-Mail this Story to a Friend
Print this Story

Disclaimer:
The author of this entry is responsible for this content, which is not edited by the Wilson County News or wilsoncountynews.com.
November 17, 2011 | 1,579 views | 1 comment

Texas Attorney General resolves investigation into commemorative coin marketer

AUSTIN -- The Texas Attorney General’s Office today resolved its investigation into U.S. Money Reserve Inc., an Austin-based commemorative coin marketer that does business as U.S. Rare Coin and Bullion Reserve. Under today’s agreement, U.S. Money Reserve must provide $5 million in restitution to its customers and comply with the Texas Deceptive Trade Practices Act in the future.

The State’s investigation into U.S. Money Reserve centered on the firm’s efforts to market commemorative gold coins. Customers who contacted U.S. Money Reserve to inquire about the gold bullion coins featured in its telelvision advertisements encountered sales personnel who urged them to buy more expensive commemorative coins. According to state investigators, U.S. Money Reserve’s sales team claimed that the commemorative coins would both retain and increase their value more effectively than ordinary bullion coins. However, the significantly higher prices that U.S. Money Reserve charged for its commemorative coins rendered the products so expensive that customers would not actually realize an increase in value for many years. The State’s investigation also addressed U.S. Money Reserve’s refund policy.

Under the agreement finalized this week, U.S. Money Reserve has agreed to fully reform its sales practices. The firm further agreed to conduct all aspects of its business in strict compliance with the Texas Deceptive Trade Practices Act. Finally, U.S. Money Reserve will provide up to $5 million in restitution to reimburse customers for their financial losses.

To inquire about eligibility for this restitution program, customers should contact U.S. Money Reserve at (800) 867-6101. The amount of restitution depends upon the date of purchase of coins.
 
« Previous Blog Entry (November 17, 2011)
 


Your Opinions and Comments

 
Elaine K.  
Floresville  
November 17, 2011 11:29am
 
 
New post.
 

Share your comment or opinion on this story!


You must be logged in to post comments:



Other Consumer Updates

Sherwood Surveying
Floresville EDC
Pat Brown Realtors, Inc. home
Abrego Lake
WCN border security forum video 2014
Sacred Heart School
Wilson's Auto Chooser
DDS Dentures & Dental Services Right-side banner
Pursch Motors
John D. Foster home
Drama Kids International
Hoelschers home
Caraway Ford
East Central Driving SchoolBlue Moon Karaoke & DJTriple R DC ExpertsVoncille Bielefeld homeHeavenly Touch homeChester WilsonAllstate & McBride Realty

  Copyright © 2007-2014 Wilson County News. All rights reserved. Web development by Drewa Designs.