How to Avoid Gold Ripoffs: Former Fraudster Gives Tips

As the price of gold has skyrocketed over the past five years, so have the number of high-pressure salesmen luring thousands of consumers into shady precious metal investments. "We're seeing all sorts of investment scams proliferate given the down economy. People are worried about their nest egg," said David Vladeck, the director of the Federal Trade Commission's Bureau of Consumer Protection. "And these kinds of commodities, precious metals, are being touted as a safe alternative to other...Full Story