Six Long Island, N.Y., Residents Face Charges of Operating Rare Coin Scam.
Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)
Publication Date: 25-MAY-01
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May 25--Six Long Island residents were accused yesterday of scamming people out of $25 million by selling them vastly overpriced "rare" coins "guaranteed" to increase in value.
From 1993 to 2000, five secretly connected corporations were allegedly used to certify the bogus value of the coins...
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