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11/23/2011
Following an investigation conducted by the Texas Attorney General’s Office, Austin-based U.S. Money Reserve Inc., doing business as United States Rare Coin & Bullion Reserve, must provide $5 million in restitution to consumers. The settlement was finalized through an assurance of voluntary compliance signed by the company and the state of Texas last week. Additionally, the company must reform its sales practices to include additional disclosures regarding the coins sold to consumers.
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