Sunday, May 24, 2015
1012 C Street  •  Floresville, TX 78114  •  Phone: 830-216-4519  •  Fax: 830-393-3219  • 

WCN Site Search


Lost & Found

Lost: Bi-fold 7.5 foot aluminum ramp, May 4 after 6:30 p.m., Hwy. 97 W. between Pecan Park and FM 478, Floresville. Reward. Call 210-601-1605, 830-393-2352.
Lost: Big yellow Lab (about 100 lbs) disappeared from my home on Sunday May 17. North 181 @775 area. "Sammy" Reward. 830-391-4578.

VideoLost: Female Blue Heeler from C.R. 359 on Thursday May 14. Has collar and tag. Please call if found or seen at 210-289-4268
More Lost & Found ads ›

Help Wanted

Insurance sales rep., no license necessary, will provide all training, compensation includes salary plus commission, full medical benefits, and 401K, transportation required, goal oriented. Call Frank Castillo at 210-900-8140.
Oilfield Service Company in Floresville looking for general labor positions specializing in frac pit liners and Class A CDL drivers. Labor intensive, some travel required, varying schedules. Prior experience in oilfield a plus. Competitive pay depending on experience, health benefits offered. Come work for a growing company. Apply online at www.mustangenergyservices.com or in person at 105 Rancho Grande off F.M. 537, Floresville.
More Help Wanted ads ›

Featured Videos





Video Vault ›
TNMCRE/MAX homeRichardson 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 | 1,662 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
 

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 a comment.




Not a subscriber?
Subscriber, but no password?
Forgot password?

Consumer Updates Archives


Pulse Research exp 6/30/15
WCN Citizens Forum 5/28/15
WCN
Cycle Ranch-Memorial Day
Pursch Motors
Sherwood Surveying
DDS Dentures & Dental Services Right-side banner
Abrego Lake
John D. Foster home
Drama Kids
Caraway Ford
Hoelschers home
Dustin Mark Hawkins Memorial
Pat Brown Realtors, Inc. home
Voncille Bielefeld homeauto chooserTriple R DC ExpertsAllstate & McBride RealtyHeavenly Touch homePulse Research expires 6/30/15

  Copyright © 2007-2015 Wilson County News. All rights reserved. Web development by Drewa Designs.