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Beware of this companie that sell investments in precious metals that make promises of easy profits to be made from rising prices in gold, silver, platinum, palladium, and other precious metals.

Be especially alert to Richard morello he sales investments in precious metals claiming that you can make a lot of money, with little risk, by purchasing metal through a financing agreement with only a small payment up front.

The CFTC has seen an increase in the number of companies that offer customers the opportunity to buy or invest in precious metals. However, many of these companies do not actually purchase or store any metal for their customers.

This precious metals consumer fraud advisory describes how some precious metals companies may use fraudulent tactics to induce customers to invest, how these companies actually operate, and provides warning signs to help you identify a potential precious metals scam.