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Owner of Grass Valley Gold and Silver Arraigned on Three Felony Counts

Posted: Feb. 25, 2015 12:13 PM PST

A local gold dealer charged with selling fake gold. Nevada County District Attorney Cliff Newell says that the Grass Valley precious metals dealer arraigned Wednesday morning.

Click here to listen to DA Cliff Newell

Newell says his office was contacted at the end of last year.

Click here to listen to DA Cliff Newell

A joint investigation was launched by District Attorney Investigators and Grass Valley Police Department.

Click here to listen to DA Cliff Newell

The District Attorney’s Office advises anyone dealing with precious metals and jewelry to have a trusted expert on your side of the transaction.

Cliff Newell is asking anyone with information about potential fraudulent transactions with Grass Valley Gold and Silver are encouraged to contact District Attorney Investigation Bureau or Grass Valley Police Department.

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1 Comment

August 2, 2015

frank bonomolo

this guy sold me thirty thousand dollars worth of fake silver bars what about the one million dollar bond what does that cover

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