September 10, 1991 |
Thai Airways International is investigating the discovery of 243 small gold bars, weighing 99.4 pounds, aboard one of its jets in Nepal, the airline said Monday. Nepalese customs officials found the gold Saturday when searching the plane after it landed in Katmandu from Bangkok, an airline statement said.
May 24, 2003 |
American troops have seized what appears to be $500 million worth of gold bars from a truck in Iraq, the U.S. military said Friday. The 2,000 40-pound bars were seized Thursday at Al Qaim on the Syrian border by soldiers of the 3rd Armored Cavalry Regiment, U.S. Central Command said. It said if the bars are gold they could be worth as much as $500 million, depending on karat weight and purity.
November 20, 2010 |
In these troubled economic times, it's not hard to understand why people might want to protect their life savings by purchasing a hard asset like gold or silver. At least, that's the pitch of Monex, the big Newport Beach investment firm, which bills itself as "America's trusted name in precious metals investments" and assures clients that it's "committed to customer service. " So let's take a look at the experiences of some customers who say their trust in Monex was misplaced.
CALIFORNIA | LOCAL
October 23, 1992 |
Police on Thursday warned residents, particularly members of the Latino community, to beware of con artists who reportedly bilked two women out of $15,000 this week through bogus lottery and gold bar schemes. The two scams took place within an hour of each other at two separate shopping centers on Wednesday afternoon and are similar to two other incidents that occurred in the city earlier this year, Fullerton Police Detective Joe Caracci said.
CALIFORNIA | LOCAL
December 12, 2013 |
An Orange County Lamborghini dealership, which already prided itself on selling more cars than any other in the country, may now have hit the car sales jackpot. This week, the dealership shipped its first-ever vehicle purchased using a digital currency known as bitcoin . A second sale to a bitcoin user was being processed Wednesday, the Daily Pilot reported. "That's pretty good," Cedric Davy, marketing director at Lamborghini Newport Beach, said with a hint of astonished glee.
February 18, 2013 |
NEW YORK -- The U.S. government's gold in New York is safe in a vault underneath Manhattan, and some of the precious metal there is purer than previously thought. That's according to a first-ever audit conducted last year by the Treasury Department of U.S. gold on deposit at Federal Reserve banks in New York and elsewhere. As part of the audit, the Treasury tested a sample of the government's 34,021 gold bars in the New York Fed's vault five stories below Manhattan's financial district, according to the inspector general's office.