Crazy Money! Gold Scam
It’s Crazy Money Day!
Tyler Gallagher was CEO of Regal Assets. His company let customers convert their retirement accounts into metals like gold and silver. Those who feared a recession invested millions with Regal between 2020 and 2022. Most were in their 60s or 70s – trusting Gallagher with their life savings. Why? He appeared very successful and he talked the talk. They gave him their money but have yet to get the gold. It can’t be found, and in fact, neither can he. It’s crazy, but he just vanished.
People buy gold bullion for insurance and investment. Typically, when the dollar goes down, gold prices go up. Increased demand causes prices to rise and vice versa. Trouble happens when people rush in to get rich quick or to rescue their portfolio. Quick decisions without understanding can lead to significant losses. Proverbs 21:5 reminds us, “The plans of the diligent lead surely to advantage, but everyone who is hasty comes surely to poverty.” So, protect yourself! Thoroughly research the company and study all reviews. Check their Better Business Bureau listing and their buy-back policy. Avoid Craigslist or Facebook sellers, pawnshops, telemarketers, or dealers without a building. If buying coins, research specific ones. Don’t accept word-of-mouth verification. Get the gold in hand – picking it up in person if possible. Be diligent to avoid crazy scams like Regal Assets!
Now I invite you to join us at Crown’s 2023 Reunion. We plan to gather October 12-15 at Ridgecrest Conference Center near Asheville, North Carolina. For more details and registration, go to crown.org/reunion2023