How CoinFraud.Com and the Stevens Law Firm are Investigating Texas Coin and Bullion Dealers

By R. Lyn Stevens, Esq.
Stevens Law Firm — Representing Victims of Gold, Silver, and Rare Coin Fraud Nationwide

💰 The Rise of Precious Metal Scams

In the past decade, hundreds of retirees and investors have been deceived by precious metal dealers that disguise sales pitches as investment advice. These companies promise safety, diversification, and inflation protection — but too often deliver overpriced, illiquid coins that immediately lose over 60% of their value once purchased.

The Stevens Law Firm is at the forefront of a growing legal effort to investigate and expose this industry-wide misconduct. Our firm currently represents and advises clients in active cases involving dozens of coin and bullion companies across the United States — each accused of using deceptive sales tactics, false appraisals, and misleading claims of government endorsement.

🏛 Firms Under Investigation

Based on ongoing investigations and client complaints, the following companies are among those under review by Stevens Law Firm for alleged misconduct related to precious metal and coin investment fraud

  • American Gold Reserve (Houston, TX)
  • Nationwide Coin & Bullion Reserve (Houston, TX)
  • U.S. Gold Bureau (Austin, TX)
  • U.S. Money Reserve (TX)
  • Gold Standard Auctions (Dallas, TX)
  • Paramount Rare Coin & Currency (Lumberton, TX)
  • Universal Coin & Bullion (Beaumont, TX)
  • U. S. Precious Metals (Beaumont, TX)
  • Texas Bullion Exchange (Beaumont, TX)
  • First Fidelity Reserve (Beaumont, TX)
  • 1st American Reserve (Beaumont, TX)
  • International Precious Metals (Silsbee, TX)
  • South Austin Coin Exchange (Austin, TX)

Note: The presence of a company name does not imply a final legal determination of liability. All investigations remain ongoing and are based on consumer complaints, arbitration filings, and discovery evidence obtained by the firm.

💸 Common Fraud Patterns

Our investigations have uncovered consistent red flags across many of these companies:

  • Inflated markups: Coins sold for double or triple their melt value.
  • False investment claims: Promises that “proof” coins outperform bullion or are government-backed.
  • Emotional manipulation: Salespeople prey on fear of inflation, political instability, or market collapse.
  • IRA rollovers gone wrong: Victims convinced to liquidate retirement accounts into self-directed IRAs managed by the dealer’s affiliates — often resulting in total loss of liquidity.

These tactics violate state consumer protection laws, the Federal Trade Commission Act, and in some cases, the Racketeer Influenced and Corrupt Organizations Act (RICO).

🧭 Protecting Consumers and Pursuing Accountability

Stevens Law Firm is currently litigating and negotiating on behalf of defrauded investors in multiple states, including Texas, Florida, New York, and California. Our work involves piercing complex corporate structures to identify the individuals and parent entities behind these schemes.

If you or a loved one were persuaded to invest in gold, silver, or collectible coins, you may be entitled to recovery. The firm operates on a contingency basis, meaning clients pay nothing unless compensation is secured.

📞 Contact Us

For a free consultation, contact:
www.CoinFraud.Com

Stevens Law Firm
P.O. Box 1187,, Friendswood, TX 77549
lyn@stevens.law (409) 880-9714
Serving victims of precious metal and rare coin fraud nationwide.

Note: The presence of a company name does not imply a final legal determination of liability. All investigations remain ongoing and are based on consumer complaints, arbitration filings, and discovery evidence obtained by the firm.