Friday, April 17, 2015
1012 C Street  •  Floresville, TX 78114  •  Phone: 830-216-4519  •  Fax: 830-393-3219  • 

WCN Site Search


Lost & Found


VideoLost Fiona 4 yr female blue pit about 45 lbs. Extremely friendly. Microchip and spayed. Blue tattoo on stomach & scar from surgery. If seen please call asap 949-610-5484 or 361-332-1804
Lost: Siamese cat, chocolate point male, Wildrose Lane off Hwy. 123, Stockdale. Reward! Please call 830-996-3069.

VideoFound this guy, showed up at the house off Post Oak Road in La Vernia. Please pass on!!! This boy needs to go home. Call 210-685-0879
More Lost & Found ads ›

Help Wanted

Live-in caregiver needed for my elderly dad, 5-7 days per week, Elmendorf area, free room/board, negotiable salary. Call 210-844-2161 leave message.
Samuels Glass Company hiring glaziers, caulkers, and helpers, all applicants welcome. Apply in person, 221 Newell Ave., San Antonio, TX 78215.
More Help Wanted ads ›

Featured Videos





Video Vault ›
TNMCRichardson Chevrolet homeRE/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 | 1,629 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
 

Your Opinions and Comments


Be the first to comment 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
Thinkport-Exede Right-side w/link, home page group
Caraway Ford
Sherwood Surveying
Abrego Lake
Wilson's Auto Chooser
Drama Kids
HEB -Manufacturing Right-side w/link, home page group
John D. Foster home
Pursch Motors
Cycle Ranch-Memorial Day
Pat Brown Realtors, Inc. home
Hoelschers home
Floresville EDC
Dustin Mark Hawkins Memorial
WCN border security forum video 2014
DDS Dentures & Dental Services Right-side banner
Triple R DC ExpertsAllstate & McBride RealtyHeavenly Touch homeVoncille Bielefeld home

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