Tag Archives: atlantic bullion and coin

Preston profited greatly in Wilson Ponzi scheme

Court Documents Show

By Stan Welch – Former Anderson County Administrator Joey Preston has conceded that he did in fact profit far beyond his original claims from his role in the Ron Wilson Ponzi scheme that left hundreds of investors bilked out of almost $60 million.

According to court documents in the federal case Preston has conceded that he did in fact make approximately $1.2 million on his original investment of $192,000 in the silver securities scam for which Wilson is currently serving time in a federal prison in Ashland, Ky.

Easley attorney named Ponzi scheme lawsuit

By Stan Welch

The federal legal proceedings, originating with a criminal investigation into the financial activities of former Anderson County councilman Ron Wilson continue to make waves, as recently as last week. Candy Kern Fuller, an Easley attorney who was associated with Wilson, as well as other participants in Wilson’s Ponzi scheme, has been named in a federal lawsuit to recover profits Fuller made from her participation in the fraudulent silver investment scheme.

Wilson relatives plead quilty to federal obstruction charges

Two relatives of convicted Ponzi schemer Ron Wilson pled quilty Thursday to federal obstruction charges after misleading investigators about hidden assets related to the investigation of Atlantic Bullion and Coin.

Wilson’s estranged wife, Cassandra Kendall Wilson, age 66, of Woodruff and brother Timothy L. Wilson, age 60, of Martin, Tennessee, both pled guilty Thursday in federal court in Greenville, to conspiracy to obstruct justice, a violation of Title 18, United States Code, Section 371. United States District Judge J. Michelle Childs of Greenville accepted the plea and will impose sentence after she has reviewed the presentence report which will be prepared by the U.S. Probation Office.

Ron Wilson facing more charges – in Ponzi scheme

Atlantic Bullion & Coin

By Stan Welch

The saga of Ponzi scheme architect and federal convict Ron Wilson continues, as US Attorney Bill Nettles announced a new indictment of Wilson, his wife and his brother Tuesday.

Nettles, the lead attorney on the Wilson case, informed the media that Wilson has been indicted on two new charges; conspiracy to obstruct justice and giving false statements to federal agents. According to the indictment, issued by a federal grand jury earlier in the day, Wilson gave his brother Timothy L. Wilson an ammunition canister filled with gold and silver coins and additional currency.

Ron Wilson did so after he had been arrested on the original charges, and had given sworn statements that he had no other assets in hand. Timothy Wilson subsequently hid that canister, in an effort to withhold it from the federally appointed receiver. The indictment further alleges that Ron Wilson also gave his wife Cassandra Wilson a similar canister, filled with silver, gold and currency.

Arizona brothers arrested in Wilson Ponzi scheme – Atlantic Bullion and Coin

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Wilson serving time in Florida

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Wilson sentenced to 235 months in silver investment scheme

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Wilson sentenced in ponzi scheme

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Agriculture publication seeks court exemption

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Wilson facing CFTC civil action

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