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SC, federal officials investigate coin business


EASLEY, S.C. (AP) - State and federal officials are



investigating claims that an



Anderson County coin business was



running a multi-million dollar Ponzi scheme with



investors' money.


Secret Service agents raided the Easley office of Atlantic



Bullion & Coin on Thursday



with a warrant saying they were looking



for computers, files and silver.


A complaint filed by the South Carolina Attorney General's



Office says investors were



told their money was being used to buy



silver, while little of the precious metal was



ever purchased for



them.


The business is owned by Ron Wilson, a former member of the



state Board of



Education and the Anderson County Council. Wilson



couldn't be reached for comment



Saturday, and it's not clear if he



has an attorney

.

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