Lawyers for alleged gold-scam victims seek involuntary bankruptcy for California firm

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Lawyers for alleged gold-scam victims seek involuntary bankruptcy for California firm
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Lawyers representing dozens of plaintiffs who claim they were swindled out of their retirement savings by a now defunct Los Angeles gold investor are trying to push the alleged scammers into federa…

Lawyers representing dozens of plaintiffs who claim they were swindled out of their retirement savings by a now defunct Los Angeles gold investor are trying to push the alleged scammers into federal bankruptcy to speed up any recovery.

San Diego attorney Maria Severson, who co-represents scores of allegedly defrauded investors, said she also is seeking the appointment of a trustee to take over responsibility for whatever money is left. A California couple thought they’d invested in gold. Instead, they and hundreds of others say they were scammed.

Heather Short of San Diego told the Union-Tribune that she and her husband began investing in Oxford Gold after months of hearing the company’s commercials on a local talk-radio show. In all, the plaintiffs so far total at least 49 people from 27 different states have signed onto the legal complaint.Asking Eric: I let the car thief take the fall for my drugs. All these years later, can I fix things?

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