Cases / Trading, forex & commodities
Rust Rare Coin Inc.
Gaylen Dean Rust
This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.
- Company / entity
- Rust Rare Coin Inc.
- Industry
- Silver trading pool / precious metals
- How investors were recruited
- Friends, customers and business associates of a Salt Lake City coin dealer
- Pitch & red flags
- Claimed "extraordinarily high profits, averaging 20 to 25 percent per year and sometimes as high as 40 percent"; claimed $77-80M of silver stored at Brink's; fake account statements
Source
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