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William M Moreland

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January 1, 1990 | From United Press International
$10-Million Settlement for Gold Investors: The owner of two defunct gold investment firms agreed to repay more than 250 investors $10 million to settle two U.S. District Court suits accusing him of being unable to deliver on contracts for thousands of ounces of gold. William M. Moreland of Weldon, Calif., will pay back investors at a rate of $300,000 per month beginning in April, said Marge Erickson, an assistant regional director of the Federal Trade Commission.
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BUSINESS
January 1, 1990 | From United Press International
$10-Million Settlement for Gold Investors: The owner of two defunct gold investment firms agreed to repay more than 250 investors $10 million to settle two U.S. District Court suits accusing him of being unable to deliver on contracts for thousands of ounces of gold. William M. Moreland of Weldon, Calif., will pay back investors at a rate of $300,000 per month beginning in April, said Marge Erickson, an assistant regional director of the Federal Trade Commission.
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BUSINESS
April 13, 1988 | AL DELUGACH, Times Staff Writer
The Securities and Exchange Commission filed a civil suit Tuesday accusing Burbank radio-television financial adviser R. G. Reynolds and Kern County miner William M. Moreland of fraud in a $1.7-million gold ore promotion. The suit, filed in U.S. District Court in Los Angeles, is a "direct challenge" of a California Court of Appeal decision last year in favor of the same defendants, Irving M. Einhorn, SEC regional administrator in Los Angeles, said.
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