Tag Archives: ab&c

Wilson facing CFTC civil action

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Attorney General Wilson asked about investigations

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Wilson property subject to forfeiture

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Wilson arrested, out on bail

According to reports, Ron Wilson was arrested Wednesday and charged with mail fraud after turning himself in to U. S. Marshals just before a 2 p.m hearing in front of U. S. Magistrate Jacquelyn D. Austin in a Greenville court room.

He was released on $1 million bail shortly after his wife used three properties in her name to secure the bail, officials said.

Documents must be read and evaluated, assistant AG says

By Stan Welch

Experience and compassion are the hallmarks of the Tracy Meyers, Senior Assistant Attorney General, who is handling her Office’s investigation into the Atlantic Bullion & Coin Company. (See related story elsewhere in this issue of The Journal.)

Meyers was with the AG’s Office when the Carolina Investors/Home Gold Financial scandal hit South Carolina. When questioned at Monday night’s meeting about why no criminal charges have been filed in the AB&C case, she said, “A week into the Carolina Investors case, I had 128,000 documents in my office. They had to be read and evaluated. This case promises to be much the same. My point is that criminal cases take much longer to build.”

Investigators field questions from AB&C investors

Secret Service Agent Tom Griffin speaks to investors of Atlantic Bullion & Coin during a meeting Monday at Tri County Technical College’s Easley Campus. The meeting, attended by approximately 250 people, was set up by state Rep. Joshua Putnam and state Senator Kevin Bryant. Officials from the Attorney General’s office, the U. S. Secret Service and the South Carolina Law Enforcement Division (SLED) were at the meeting.

Legislation being introduced in response to Atlantic Bullion & Coin

By Stan Welch

The recent revelations concerning Atlantic Bullion and Coin, (AB&C) a business owned and operated by former Anderson County Councilman Ron Wilson, will lead to the introduction of legislation in both the Senate and the House of Representatives to close some loopholes.

Rep. Joshua Putnam, who represents SC House District 10, will introduce legislation in the House that would require the Attorney General’s Office to notify the Better Business Bureau, the Labor, Licensing and Regulation Office of the state, and the appropriate local media outlets whenever an investment company is served with a cease and desist order.

Investors looking for answers

Locally and across 20 states, investors in Atlantic Bullion & Coin are looking for answers.

Approximately 300 people attended a meeting were held earlier this week in Anderson to hear about a potential classaction lawsuit against AB&C and owner Ron Wilson.

Secret Service, Sheriff’s Deputies search AB&C offices

By Stan Welch

State and federal authorities took actions to close Atlantic Bullion and Coin, a company owned and operated by former Anderson County Councilman Ron Wilson, executing a search warrant and seizing files and computers last Thursday.

SC Attorney General files complaint against Wilson, Atlantic Bullion

Attorney General Alan Wilson, who serves as the South Carolina Securities Commissioner, filed a complaint Monday against Ronnie Gene Wilson and Atlantic Bullion & Coin, Inc., accusing Wilson and AB&C of scamming people who thought they were investing in silver. Wilson continued to offer fake investment opportunities to people in South Carolina and 24 other states despite a previous cease and desist order. The complaint states that Wilson and AB&C provided statements to investors indicating that they owned silver when no silver had ever been purchased.

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