Certified Gold Exchange Issues Investor Advisory after Closure of Santa Monica Gold Dealer

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“America’s Trusted Source for Gold” aims to instill confidence among Santa Monica-area investors after another gold dealer in that area closed its doors.

CertifiedGoldExchange.com - America's Trusted Source for Gold

CertifiedGoldExchange.com America's Trusted Source for Gold

Reputable gold dealers like to listen and ask questions before recommending any type of gold investment.

In response to the September 3 Santa Monica Daily Press publication of an article explaining the downfall of an alleged fraudulent gold dealer, the official Certified Gold Exchange has issued an Investor Advisory to investors in Santa Monica, California. CGE spokesperson Janet Jones believes the recent closure of multiple gold dealers in the Santa Monica area could leave some residents of that county confused about how to safely buy and sell gold.

“The Santa Monica City Attorney has investigated three gold dealers since 2012, so I wouldn't be surprised if investors are looking for a reputable gold dealer,” Jones said. “Since the Certified Gold Exchange offers free and insured next-day delivery to clients in all 50 states we want to reach out to potential and current gold investors in the Santa Monica area to let them know that we are here to help them figure out what they have and how much it is worth.”

According to court documents, the gold dealer mentioned in the Santa Monica Daily Press is accused of operating a “bait-and-switch” gold scam in which investors were allegedly lured in with an attractive offer and then convinced by brokers to buy a more expensive type of gold. “Reputable gold dealers like to listen and ask questions before recommending any type of gold investment,” Jones commented. “The Certified Gold Exchange looks forward to helping investors in Santa Monica, as we have done for all U.S. household investors for the last 22 years.”

The case referenced in the Santa Monica Daily Press article is Case No. SC122066 in the Superior Court of the State of California. The previous two gold dealer investigations that took place in Santa Monica are Case No. AP-0624 and Case No. 1256919, respectively.

Certified Gold Exchange, Inc. is one of North America’s premier precious metals trading platforms, providing unparalleled service to licensed dealers, institutions, and household investors since 1992. Certified Gold Exchange maintains an A+, Zero Complaint Better Business Bureau rating. For more information or a free “Gold Investor’s Guide,” visit https://www.certifiedgoldexchange.com or call 1-800-300-0715 today.

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Ken Hansen

Ken Hansen
since: 06/2011
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Certified Gold Exchange, Inc.
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