Massachusetts says Metals.com sold $3.2 million in overpriced coins to conservative seniors
Massachusetts regulators have taken legal action against Metals.com for allegedly convincing seniors to invest millions of dollars of retirement savings into overpriced precious metals. A Quartz investigation linked the company with a web of Facebook ads and websites that specifically target conservative retirees. Dozens of the company’s clients across the country have lost large chunks of their savings, swayed by a high-pressure sales pitch warning of doom-and-gloom economic scenarios.
