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[D-TN] Former lawmaker, sons indicted in $18 million fraud scheme
WSMV ^ | 8/6/15

Posted on 08/06/2015 2:53:03 AM PDT by markomalley

A former Tennessee legislator and his two sons have been charged in a federal indictment with defrauding customers of their gold and silver business of more than $18 million.

Prosecutors say Larry Bates, who served in the Tennessee Legislature from 1971 to 1976, and his sons, Charles and Robert Bates, are accused of encouraging customers to buy gold and silver from First American Monetary Consultants but failed to deliver. Prosecutors say the men told potential customers to buy gold and silver to protect against "Mystery Babylon," an alleged forthcoming economic, political and religious downturn.

(Excerpt) Read more at wsmv.com ...


TOPICS: Crime/Corruption; US: Tennessee
KEYWORDS:

1 posted on 08/06/2015 2:53:03 AM PDT by markomalley
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To: markomalley

DemonRATs are criminals in all respects. All of the political assassinations and mass shootings were and are done by leftists. Financial malfeasance and fraud are familiar territory of the ‘RAT party.


2 posted on 08/06/2015 2:59:18 AM PDT by re_nortex (DP - that's what I like about Texas)
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To: markomalley

Something about a fool and his money... but can’t quite remember the rest. What was it now. Hmm, let me see.


3 posted on 08/06/2015 3:20:03 AM PDT by Lake Living
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To: fieldmarshaldj
Prosecutors say the men told potential customers to buy gold and silver to protect against "Mystery Babylon," an alleged forthcoming economic, political and religious downturn.

Too late, Obama has already happened.

4 posted on 08/06/2015 9:38:24 PM PDT by Impy (They pull a knife, you pull a gun. That's the CHICAGO WAY, and that's how you beat the rats!)
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