Friday, September 4, 2015
1012 C Street  •  Floresville, TX 78114  •  Phone: 830-216-4519  •  Fax: 830-393-3219  • 

WCN Site Search


Lost & Found


VideoStill missing: Long hair Chihuahua, near 3rd and Hwy. 97, Floresville, she is very missed. If you see her please call Jeri, 409-781-3191.

VideoBoxer mix found with red collar in Floresville. Good with kids and other dogs. Very obedient. If owner doesnt respond in the next week he is free to good home.
*Includes FREE photo online! mywcn.com/lostandfound
More Lost & Found ads ›

Help Wanted

Seeking full-time/part-time individual to work at Little Bear Child Care Center, must have high school diploma or GED. Apply in person at 12992 Hwy. 87 West, La Vernia.
F&W Electrical is now hiring journeyman, backhoe operators, and laborers. Apply at 6880 U.S. Hwy. 181 N., Floresville, Monday-Friday, 8-5. 830-393-0083. EOE.
More Help Wanted ads ›

Featured Videos





Video Vault ›
Richardson Chevrolet homeRE/MAX homeTNMC

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 | 1,746 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


WCN Citizens Forum 5/28/15
Hammerfest
The Computer Loft
Pat Brown Realtors, Inc. home
Diva Nails & Spa
The Music Loft
WCN web hosting
Brehm Havel
Sherwood Surveying
Agave Dental
Abrego Lake
DDS Dentures & Dental Services Right-side banner
Hoelschers home
Caraway Ford
Edward Jones-Prescott Katie Prescott
John D. Foster home
Allstate & McBride RealtyDrama KidsHeavenly Touch homeauto chooserVoncille Bielefeld homeTriple R DC Experts

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