Wednesday, September 19, 2012

Fake Gold Bars in Manhatten

A few days ago, our report on the discovery of a single 10 oz Tungsten-filled gold bar in Manhattan’s jewelry district promptly went viral, as it meant that a tungsten-based, gold-counterfeiting operation, previously isolated solely to the UK and Europe, had crossed the Atlantic.   Link to Story HERE
To eliminate any chance of fake gold entering our network, we only buy from certified refiners and dealers who purchase direct from the manufacturers. Many are ISO certified refiners. Sellers cannot just walk into our office to sell. Everyone has to book an appointment to meet with us in private. This deters any "fly by night" sellers from our business, and we do not release funds to sellers for 24 hrs. Provided that the product is thoroughly examined by us and our trusted friend XRF, counterfeiters BEWARE! 
This is another great reason for clients to have a U-Vault Account.  BK