Confessions of a Gold Scammer

[Merwanseth]

An interesting article. People on this site wouldn't fall for his scam, but 14000 people did.

http://abcnews.go.com/Blotter/confessio ... d=14824124

[NHsorter]

This a-hole is just crying on camera to try to get his sentence reduced. ABC should not even put this scumbag on the air. Sure, run the story, but just show him being escorted in cuffs.

[Hades12]

So they just never bought the gold to backup the recept?

[neilgin1]

An interesting article. People on this site wouldn't fall for his scam, but 14000 people did.

http://abcnews.go.com/Blotter/confessio ... d=14824124

that "confession" on wanting to help stop these scams is a lie, his "contrition" about the "grief" felt hurting people is a lie, i can see it in his eyes. The only tears aflowing are because he done got caught, and he should be thankful he got caught in 2011, rather than 1875. Now he's going to some white collar prison, where his own kind is, and they'll all be laughing and chuckling, and plotting and scheming what they gonna do when they get out....or, and this is what i pray for, maybe Jesus will flood his soul, with the Promise of forgiveness and a new life in Him, and turn this man into a Trophy of Grace. Thats a better thought to have, then the one i had when i first watched this, which was frontier justice......Grace is better, than vengeance, because vengeance belongs to the LORD, not us. Thanks for the post.

[Mossy]

This kind has to hit bottom. He will not repent, short of a stroke or some other whiff of mortality.

[BamaJoe]

I believe this is where "If you don't hold it, you don't own it" needs to be said.

When the crunch comes there is going to be alot of folks looking for their gold/silver and finding out it doesn't exist.

[wbeck]

Exactly. Even legitimate companies can't provide for all the paper floating around. I don't even trust owning physical and having it stored elsewhere. You know how much gold I could hide in my house where no one will ever find it?>> More than I'll ever have, that's for sure. Plus the fees with storage are bunk. I prefer to keep ALL my profit, thank you!