Officials working to stop precious metals scheme

State officials are working with the Commodity Futures Trading Commission and 26 states to stop a $68 million precious metals scheme. Defendants were accused of targeting seniors or those close to retirement age, “preying on fears and jeopardized their fixed incomes.”

Following is the release jointly issued by Attorney General Lynn Fitch and Secretary of State Michael Watson. 

Bob Bakken

Bob Bakken is the most recognized and most trusted name in DeSoto County news and sports reporting, as readers continue to express their appreciation for his accuracy and fairness in the stories he writes. Bob provides content for DeSoto County News and occasionally is heard on the OB Pod podcast talking about area happenings. A former newspaper editor and writer, his award-winning background also includes television news producing, sports media relations, and radio broadcasting.

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