Tuesday, October 6, 2015
1012 C Street  •  Floresville, TX 78114  •  Phone: 830-216-4519  •  Fax: 830-393-3219  • 

WCN Site Search

Lost & Found

*Includes FREE photo online! mywcn.com/lostandfound
Found: Male, MinPin?, about 2?, not fixed, sweet, very smart. Found 9/25 inside Floresville Walmart. Healthy, no fleas, clean teeth, manicured nails. Will keep if owner not found.

VideoLost/stolen shih Tzu named Newton. Last seen 9/29/2015 outside house (located by Emmys) If any information, Please contact at 8306608121 or 8306609222
More Lost & Found ads ›

Help Wanted

Experienced Heavy Equipment CDL Driver with HAZMAT preferred, starting pay is $20 depending on experience, must have a clean driving record and must pass background and drug/alcohol test. Apply by email teika@oscenergy.com or apply in person at 952 FM 99 Whitsett, TX 78075. 
Laborer needed, starting pay is $13+ depending on experience, must pass background check and random drug test. Apply by email teika@oscenergy.com or apply in person at 952 FM 99 Whitsett, TX 78075.
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

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 | 1,799 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

Sherwood Surveying
WCN Citizens Forum 5/28/15
Caraway Ford
Hoelschers home
Pat Brown Realtors, Inc. home
Nadine Berger, REMAX
John D. Foster home
Abrego Lake
WCN web hosting
Edward Jones-Prescott Katie Prescott
Voncille Bielefeld homeAllstate & McBride Realtyauto chooserHeavenly Touch homeTriple R DC ExpertsDrama Kids

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