#Delaware based #PreciousMetals
#broker sentenced to #prison after ripping off some $50+ million in #Ponzi type scheme from over 900 victims who used his "First State Depository". The #fraud #prosecution by #FBI began in fall 2022 after 500,000 silver coins "disappeared" and case was assisted by #UK #FinancialConductAuthority and #CommodityFutures Trading Commission .

#CoinDealer Robert Leroy Higgins of #WestChester, #Pennsylvania was eventually prosecuted and found #guilty on all counts for multiple #crimes including tax evasion, wire/mail fraud, perjury, witness intimidation, etc. He is supposedly on hook for $112.7 million in restitution.

Higgins' LinkedIn page is still up and offering his expertise in "maximum returns"

https://www.linkedin.com/in/robert-higgins-3917583a/

https://www.justice.gov/usao-de/pr/delaware-precious-metals-depository-owner-convicted-mail-wire-and-tax-fraud

https://www.delawarebusinessnow.com/news/delaware/delaware-company-ordered-to-pay-back-nearly-113-million-in-alleged-precious-metals-scam/article_418a73a0-3b32-5117-9ff6-924bffc13738.html