Friday, December 19, 2014
1012 C Street  •  Floresville, TX 78114  •  Phone: 830-216-4519  •  Fax: 830-393-3219  • 

WCN Site Search


Lost & Found

Lost: Pit Bull, red/white female, off 319 and Hidden Deer in La Vernia, no collar, sores on front legs from allergies. 210-310-4458.
Lost: Chocolate Lab, 1 year old, Hwy. 775 and Eagle Creek area, Floresville. We are desperate to find her, please help. Call 210-215-9132.
Lost: Black manx cat (no tail), neutered male, medium build, shy, answers to Bear. Reward! 210-635-7560.
More Lost & Found ads ›

Help Wanted

EXPERIENCED COOK NEEDED FOR A MEXICAN RESTAURANT IN FLORESVILLE, MORNING HOURS. MUST HAVE EXPERIENCE. CALL 2105261786 AND LEAVE A MESSAGE
CDL Driver needed for local delivery in Kenedy location, must have Class B CDL with hazmat endorsement, hours are Mon.-Fri., 8-5:30 and occasional Saturdays until noon. Company offers sick pay, vacation, and benefits package. Apply in person at 3-D Welding Supply at either Kenedy or Floresville location.
More Help Wanted ads ›

Featured Videos





Video Vault ›
TNMCRE/MAX homeRichardson Chevrolet 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 | 1,570 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

Pursch Motors
WCN border security forum video 2014
DDS Dentures & Dental Services Right-side banner
Floresville EDC
Hoelschers home
John D. Foster home
Drama Kids International
Sacred Heart School
Sherwood Surveying
Abrego Lake
Caraway Ford
Pat Brown Realtors, Inc. home
Wilson's Auto Chooser
Voncille Bielefeld homeChester WilsonHeavenly Touch homeTriple R DC ExpertsAllstate & McBride RealtyEast Central Driving SchoolBlue Moon Karaoke & DJ

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