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VideoMissing: Male Boxer, since evening of Jan. 4, Hwy. 97 West, rear of Promised Land Creamery, $500 REWARD. Call 830-391-2240 with information.

VideoREWARD. LOST CAT: Gray and white male cat, since Nov. 13, on C.R. 429, Stockdale, wearing a silver collar. Call 512-629-2005 with any information.
Bear, please come home! Missing since October 22, 2014, black Manx cat (no tail), shy. Reward! Help him find his way home. 210-635-7560.
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Sign maker/Installer, no experience necessary, will train, must have reliable transportation, valid driver license, ability to lift 50-70 pounds, must be able to work indoors and outdoors.  Apply in person at Photographs by Jim/Eagle Ford Signs, 1013 C. Street, Floresville. No Phone Calls.
The Cutting Edge Salon and Spa in Nixon is looking for experienced hair stylist and manicurist. Call 830-582-2233.
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Consumer Updates


Agreement Provides Restitution to U.S. Money Reserve Customers




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The author of this entry is responsible for this content, which is not edited by the Wilson County News or wilsoncountynews.com.
November 18, 2011 | 1,876 views | Post a 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 television 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.
 
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