Saturday, October 25, 2014
1012 C Street  •  Floresville, TX 78114  •  Phone: 830-216-4519  •  Fax: 830-393-3219  • 

Lost & Found

Lost: Small black female dog, no collar, her name is Shortcake, has long hair, Sutherland Springs area. Call 830-391-5099.
Lost: Diamond set in gold mounting prongs, fell off my wife's wedding ring, in Floresville, reward offered. 210-867-1319.
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.
More Lost & Found ads ›

Help Wanted

Local restaurant hiring restaurant manager, with experience. Send resume to P.O. Box 265, Floresville, TX 78114.
Oilfield Service Company in Floresville looking for general labor positions specializing in frac pit liners. 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. Contact Brice at 830-393-1034.
More Help Wanted ads ›

Featured Videos





Video Vault ›
Richardson Chevrolet homeTNMCRE/MAX 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 18, 2011 | 1534 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.
 
« Previous Blog Entry (November 17, 2011)
 


Your Opinions and Comments
Be the first to comment on this story!

You must be logged in to post comments:



Other Consumer Updates
Pat Brown Realtors, Inc. home
DDS Dentures & Dental Services Right-side banner
Southern Electric & Lighting right
Sara Canady Political ad
Russell Wilson political
Floresville EDC
Sherwood Surveying
Abrego Lake
Pursch Motors
Caraway Ford
Carrie Moy
Michelle Tackitt election
Liberty Gun Show
John D. Foster home
Hoelschers home
Paul Pfeil political ad
WCN border security forum 10/3/14
Wilson's Auto ChooserTriple R DC ExpertsVoncille Bielefeld homeChester WilsonBlue Moon Karaoke & DJSacred Heart SchoolAllstate & McBride RealtyDrama KidsHeavenly Touch home

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