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CFTC: Federal Court Orders Two Delaware Companies To Pay Nearly $146 Million For Misappropriation And Fraud Related To A Precious Metals Scheme - Court Also Enters Judgment Against The Owner Of The Companies

CFTC: Federal Court Orders Two Delaware Companies To Pay Nearly $146 Million For Misappropriation And Fraud Related To A Precious Metals Scheme - Court Also Enters Judgment Against The Owner Of The Companies
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Delaware Companies to Pay $146 Million for Precious Metals Fraud

Precious Metals Dealer Bob Higgins of Argent Group Charged With Ongoing Fraud

CFTC Charges Delaware Precious Metals Dealer, Depository, and Their Owner with Ongoing Fraud

CFTC Charges Delaware Precious Metals Dealer, Depository, and Their Owner with Ongoing Fraud
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CFTC Charges Delaware Precious Metals Dealer, Depository, And Their Owner With Ongoing Fraud

<p><span>The Commodity Futures Trading Commission today announced that it filed a civil enforcement action in the U.S. District Court for the District of Delaware against&nbsp;a precious metals dealer,&nbsp;</span><span>Argent Asset Group LLC</span><span>&nbsp;(Argent), and a precious metals depository,&nbsp;</span><span>First State Depository Company, LLC</span><span>&nbsp;(FSD), both of Wilmington, Delaware, and their owner,&nbsp;</span><span>Robert Leroy Higgins</span><span>&nbsp;(Higgins) of West Chester, Pennsylvania, charging them with fraud in connection with a multimillion-dollar precious metals scheme.&nbsp;</span></p>

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