Google Supporting Monex?

Google Supporting Monex?

On Saturday July 9, 2011, presumably in response to a legal threat from the lawyers of Monex Deposit Company, Google removed this site from several key search terms relating to Monex Deposit Company. Among the search terms this site was removed from includes the terms “Monex” and “Monex Deposit Company”. Clearly the message Google users can take from this action is that...

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A History of Fraud

A History of Fraud

Backed by photographs of vaults stuffed with silver, a best selling book and a “polished” national advertising campaign, a California firm sold $1 billion in silver and coins it did not have, the Securities and Exchange Commission alleges. – “Silver Business Faces Charges” (1974)

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Before You Buy Gold and Silver

Tags: buy gold, buy silver, buying gold, buying silver, buy precious metals, buying precious metals, buy gold coins, buy silver coins, buy gold bullion, buy silver bullion, leverage gold, leverage silver As a result of today’s adverse economic circumstances many investors have become very attracted to precious metals investments. As people seek safe havens from economic crises, severe...

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“[...] Monex [...] is liable for the federal tax assessments[...] in the amount of $378,237,162.42″

13. The term “Monex Enterprise” refers to the collective activity of the entities specified above in the leveraged sale of precious metals to the public. 14. The term “New Monex Entities” refers to Comco Management Corporation, Concord Funding LLC, Metco Management Corporation, Monex Credit Company, Monex Deposit Company, and Newport Service Corporation. 15. The term “Principals of the...

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Right of Rescission

“Had Weiss been permitted to rescind totally as allowed under the rules, his market losses would have been $40,000. [...] Monex’s failure to accord him this right resulted in actual losses of $211,874.46.” “Respondents contend that by holding onto the positions (through November of 1989) after the confrontation regarding complainant’s right to rescind in November of 1988,...

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“[T]rading in Complainant’s account was excessive [...]“

“[T]rading in Complainant’s account was excessive in light of Complainant’s trading objectives. [...]” “At the time Complainant first contacted Monex and spoke with Alatis, he was about seventy-three years old, retired with no wage income and his wife was ill. He had never before invested in commodity futures. It is clear Complainant was not a suitable investor....

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