Welcome to Coin Fraud News
Gold Expert Mike Fuljenz Speaks to Police Agencies on Numismatic Crimes
(Beaumont, Texas) -- Sandwiched between receiving an award, autographing copies of his book and purchasing gold coins to fulfill his customers' orders, America's Gold Expert® , Michael Fuljenz, recently was a keynote speaker at a special training course for Texas law enforcement personnel on the topic of investigating crimes involving rare coins, bullion and jewelry. |
FBI: Conman hired hitmen to torture, kill judge
By John Marzulli |
Evanston coin dealer accused of buying stolen goods
By Brian L. Cox Arrested on Tuesday, James Coello, 47, of Chicago, today was ordered held in lieu of $250,000 bail following a joint investigation by the Cook County state’s attorney’s office and Evanston police, said authorities. Coello, who owns and operates North Shore Coins at 1501 Chicago Avenue in Evanston, has been charged with one felony count each of theft, organizing a financial crimes enterprise and continuing a financial crimes enterprise, authorities said. |
Warning from the Numismatic Crime Information Center: Fraudulent Bullion Purchases
During the past ten days we have received information from dealers receiving request for gold bullion purchases. This activity had slowed for several months but appears to have started up once again. The suspects are using different names and addresses. They also want to send cashier's checks and the gold sent by express mail. One dealer received a bogus cashier’s check and is out $15,000. The emails received are written with broken English in the body of the text. Suspects are wanting quick responses, payment via cashier's check and purchase sent express mail. Dealers who have received phone calls have indicated the subjects are of foreign nationality. These are red flags!! Dealers should use extreme caution and screen thoroughly before completing any transaction. Doug Davis Founder/President Numismatic Crime Information Center |