Many coin sellers and precious metal dealers have been prosecuted by the Federal Trade Commission (FTC) in the last couple of years. Most of the complaints are because the dealers cannot meet their obligations and guarantees they promised their customers.
One such company is Lear Financial Group
Lear Financial Group has received many customer complaints regarding their misleading sales methods, overcharging even for bullion coins, and their extremely high commission fees. Lear Financial Group, as well as other precious metal dealers, has been known to make:
- False claims about the appreciation of coins
- False claims regarding bullion coins
- False claims about the current value of coins
- False claims regarding the grading of coins
- False claims about slab certification
If you have experienced any of these false claims, or if the precious metal dealer is giving you the runaround or refusing to buy back your gold coins, you need to know your consumer rights.
Steps to Take When Dealing with a Fraudulent Coin Dealer
First, contact Lear Financial Group or the precious metal dealer that sold you the coins and make your concerns known. If you have a problem with that company or they are not resolving your concerns to your satisfaction, then you may need to seek the advice of a legal expert in this field. Also, you can contact the FTC and make a complaint about the fraudulent coin dealer.
There are legal solutions regarding gold fraud claims. If you would like to find out more about your options, please contact the Voss Law Firm and speak with attorney Bill Voss, a knowledgeable investment fraud attorney at 888-614-7730 today.
Order your FREE book today: Coin Fraud - Is Your Investment At Risk? written by attorney Bill Voss.
