Saturday, November 28, 2015
1012 C Street  •  Floresville, TX 78114  •  Phone: 830-216-4519  •  Fax: 830-393-3219  • 

WCN Site Search

Lost & Found

Lost: Small black male dog, white on chest, has Harley Davidson collar, answers to Spaz, last seen Nov. 10 on corner of Eagle Ridge/Hwy. 181. Call/text 210-723-5893.
Lost: Male dog, looks like Pit Bull, white w/brown freckles, green eyes, "Shelby," last seen morning of Nov. 18, 1604 between New Sulphur Springs and Jim Terrill Rd. 210-389-9047.
REWARD!! 2 catahoula female hog dogs with neon collars lost around cr 132 & hwy 97 west & cr 221 on San Antonio River call 210-779-6614 or 210-815-2709
More Lost & Found ads ›

Help Wanted

Hiring lawn maintenance crew leader and laborers, transportation needed to get to Elmendorf yard, experience of 4+years is mandatory, must have clean record, work available year round, great pay. Call for phone interview, 512-359-2640.
Hair Stylist/Nail Tech, minimum 3 years experience, located in Nixon. The Cutting Edge Salon and Spa, call 830-582-2233.
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

The author of this entry is responsible for this content, which is not edited by the Wilson County News or
November 17, 2011 | 1,814 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.  
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

Abrego Lake
Pat Brown Realtors, Inc. home
Hoelschers home
Sherwood Surveying
Caraway Ford
Ximenez Hay Farm LLC
WCN Citizens Forum 5/28/15
John D. Foster home
RS Gate & Supply
WCN web hosting
Triple R DC Expertsauto chooserClarity WellVoncille Bielefeld homeHeavenly Touch homeAllstate & McBride RealtyDrama Kids

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