Winston Smith
10th January 2011, 08:45 AM
http://www.nydailynews.com/opinions/2011/01/05/2011-01-05_national_collectors_mint_scamsters_are_trying_t o_cash_in_on_911_again_with_tacky.html
Charging fraud, then-Attorney General Eliot Spitzer forced National Collector's Mint to fork over more than $2 million in refunds and cancellations, and $369,000 in penalties.
No big deal. The company reportedly raked in $11 million on coins that Spitzer estimated were worth less than 2 cents each.
Its next product was a gold-colored disk with a silver-colored inlay of the WTC. This flipped up, so you could have your own World Trade Center towers - "gleaming...much as they shimmered in the sunlight on that fateful day."
Ads touted the disks as containing "15 mg of 24-kt. gold and 15 mg of .999 pure silver" that had been "miraculously recovered from a bank vault found under tons of debris at Ground Zero."
Read more: http://www.nydailynews.com/opinions/2011/01/05/2011-01-05_national_collectors_mint_scamsters_are_trying_t o_cash_in_on_911_again_with_tacky.html#ixzz1AeSjPg FO
Charging fraud, then-Attorney General Eliot Spitzer forced National Collector's Mint to fork over more than $2 million in refunds and cancellations, and $369,000 in penalties.
No big deal. The company reportedly raked in $11 million on coins that Spitzer estimated were worth less than 2 cents each.
Its next product was a gold-colored disk with a silver-colored inlay of the WTC. This flipped up, so you could have your own World Trade Center towers - "gleaming...much as they shimmered in the sunlight on that fateful day."
Ads touted the disks as containing "15 mg of 24-kt. gold and 15 mg of .999 pure silver" that had been "miraculously recovered from a bank vault found under tons of debris at Ground Zero."
Read more: http://www.nydailynews.com/opinions/2011/01/05/2011-01-05_national_collectors_mint_scamsters_are_trying_t o_cash_in_on_911_again_with_tacky.html#ixzz1AeSjPg FO