Elemental (NTR) shut down for money laundering

Shop deals on ebay
xelexo
shop deals on amazon
Advertise with us
Gold Refining Forum

Help Support Gold Refining Forum:

This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Lou said:
I know when Metalor was raided (pre-conor), the FBI came with guns!
Click to expand...

Yeah, the federal government doesn't mess around with laundering..at all.

My wife used to work at a card hall, it was all legal, and had licenses for 5+ years. There was rumor that drugs and money laundering were going on, as well as a couple other things.. Well, one saturday night, 50+ officers went in raid style. FBI, KBI, sheriff, state troopers, kansas gaming commission,...all of them with assault weapons busted in and that was the end of that.

Come to find out, all they got was one bookie, who wasn't affiliated with the poker room. They arrested all of the players and a couple of the people working, save my wife. ...guess it pays to be pretty sometimes.. Or they felt bad that while she was in handcuffs, her alarm went off to pump milk for our infant at home with me.

Anyways, long short of it. The government wants their slice of the pie.
 
It warms the heart.
Even though the U.S. Government has up to ten Trillion dollar's worth of lost money in there own accountancy. Which one would assume would have to have been laundered in some way.
They still have the time to chase down a few million for other people.
The trick is to go to 1000 Colonial Farm Road in McLean, Virginia there are some very nice chaps there who can help you trade what ever you want as long as they have a taste and tell them in some round about way you are fighting the communists, then they will leave you alone and even back you up with AC-130's .
The lucky lady who was saved by a breast milk timer was probably asked for a few Ml, I have never seen them let any thing through with out a cut.
I doubt they restrain for the benefit of a youngster.
 
justinhcase said:
It warms the heart.
Even though the U.S. Government has up to ten Trillion dollar's worth of lost money in there own accountancy. Which one would assume would have to have been laundered in some way.
They still have the time to chase down a few million for other people.
The trick is to go to 1000 Colonial Farm Road in McLean, Virginia there are some very nice chaps there who can help you trade what ever you want as long as they have a taste and tell them in some round about way you are fighting the communists, then they will leave you alone and even back you up with AC-130's .
The lucky lady who was saved by a breast milk timer was probably asked for a few Ml, I have never seen them let any thing through with out a cut.
I doubt they restrain for the benefit of a youngster.
Click to expand...


Hey Justinhcase

I really think you need to go back and reread Topher_osAUrus's last post again.IT's NOT OK to talk or make
a joke of the nature you did about a fellow members wife.I believe you owe an apology.


modtheworld44
 
I seriously doubt anyone meant to make a joke about Topher's wife, I certainly didn't, and I doubt Justin did either. If you are offended Topher I hope you will accept my apology, my comment was not intended to in any way reflect on your wife. I am sure she was not in a joking mood at the time being in handcuffs with all that was happening around her and then on top of that to have to explain what the alarm was for well, that is a situation a woman doesn't find herself in very often. It is a funny story, and that is all there is to it.
 
Hah. No offense at all guys.
Was merely giving a story relating to the thread subject.
And, I DO know there are plenty of "unique" folks out there who may have wanted a few gulps of it! :lol:
But, she had a female officer escort, and, in all honesty, I think one of the officers there knew her from high school, so she (coincidentally :roll: ) didn't get searched, and she was the only employee whose tips were not taken by the authorities.

It scared the living crap out of her, she barely slept for weeks. Only just recently, while at a coworkers wedding (from the poker hall), did she see a couple of the patrons that were arrested that night. They swapped some stories, some I had not even been privy to, and it could have been a much MUCH worse night. ...allegedly, they were after the owner of multiple car dealerships here locally, who has been accused of a great number of things, all MUCH worse than money laundering.

They say wichita is one of the worst areas for the child sex trade, I never believed it, until I heard stories shared at the event... I'll leave it at that, as I don't want to derail the thread any further.

But, if the government agencies went into the refineries, like they went into a legal poker room... I can only imagine how intensely scary that would be. They get very upset when you don't play by their rules...
 
Suspension of Warranting of Elemetal Refining, LLC (ELEM) Gold and Silver Brands

Unsubstantiated reports are now indicating that Scotia Bank has recalled its entire line of credit extended to Elemetal, and that Elemetal is currently in the process of shutting down operations entirely at its Jackson, Ohio facility (formerly known as Ohio Precious Metals) with all product being returned to Scotia Bank at the conclusion.
Click to expand...
 
I feel sorry for all the employees who just showed up and did their job every day. :(
Sometimes, no matter how well you do your job, there are forces beyond your ken that can cause your employer to close their doors. :cry:

Dave
 
Great quote, Charles Dickens, A Tale of Two Cities, the next 2 phrases are even better.

It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness,
Click to expand...

As appropriate as this can be today it was written in 1859!
 
Elemetal is confident that customers will get paid within six months, that could easily backfire. Elemetal Refining mentioned that the whole refining process takes about four months, which would explain why it would take that much time to pay customers.

:shock: :shock: :shock:
 
the whole refining process takes about four months
Click to expand...

That may be because they are on a triannual accounting schedule and the bank is first in line. So the bank say's "I get mine first" so after the cells are cleaned up and all of the trace PM's come out of the system the real bottom line is "physically in hand," then the balance of what is owed is released, providing the accountability is within parameters.

Most of their metal is cashed in and sold well in excess of 4 months. Think about how potentially volatile the markets are, while they surely are hedged, the majority of the metal in hand must cycle faster than 4 months.

But if all goes well, and the assays match the out-turn, (which there is no reason to suspect it wouldn't) then the customers should get their due.
 
4metals said:
the whole refining process takes about four months
Click to expand...


But if all goes well, and the assays match the out-turn, (which there is no reason to suspect it wouldn't) then the customers should get their due.
Click to expand...
Unless some one decides to try and escape to a jurisdiction that has no U.S. extradition and has no qualm's about laundering gold from morally tainted sources.
As the normal go to places like Bolivia, Ecuador, Nicaragua,actually are interested in them.
I would go old school and plan for Switzerland.That meany Germans cant be wrong.
Lets hope they have a bomb proof and independent chain of custody.
Those money laundering charges stack up to a lot of years no matter what they do.
Then once they have finished there time in the U.S. Prison system I believe there is a president for sending them on to face fresh charges in other country's
Have you read "Papillon"? what would you do to avoid such incarceration?
 
https://ntrmetalszonafranca.wordpress.com/tag/universal-precious-metals/

https://ntrmetalszonafranca.wordpress.com/tag/roberto-ramirez/

we are now dedicating all of our resorces to expose your criminal activities we have a 100% succes rate
 
whistleblower said:
https://ntrmetalszonafranca.wordpress.com/tag/universal-precious-metals/

https://ntrmetalszonafranca.wordpress.com/tag/roberto-ramirez/

we are now dedicating all of our resorces to expose your criminal activities we have a 100% succes rate
Click to expand...

Well I don't get involved in any criminal activities and I know of nobody here who does so behave.
 
https://mneguidelines.oecd.org/Colombia-gold-supply-chain-overview.pdf




UNIVERSAL PRECIOSUS METALS HAS LAUNDERED MORE THAT 2 TONS OF PURE GOLD IN TO THE INTERNATIONAL GOLD MARKET IN 2016 FROM ILEGALLY SOURCED GOLD FROM BAREQUEROS THAT PRODUCE MORE THAN 100 GR PER MONTH !

YOUR COMPLIANCE PROCEDURES ARE VERY WEAK UNIVERSAL PRECIOUS METALS WILL SUFFER GREAT REPUTRATIONA DAMAGE FROM LAUNDERING MONEY FROM THESE CRIMINALS

WE EXPOSED REPUBLIC METALS THEY WONT CONDUCT ANY BUSINESS WITH COLOMBIA

WE WORK CLOSELY WITH US AND COLOMBIAN AUTHORITIES

THIS IS UNIVERSALS GOLD SOURCING FROM COLOMBIAN SHELL COMPANIES AND PEOPLE

1.GUSTAVO IVAN CANO NORENA (WORST OF ALL CASES )
2.DUARTE ALDANA GERMAN ALBERTO
3.ARIAS CANO KEVIN
4.C.I SEGUIDAD Y GESTION
5. MEPRECOL WELL KNOWN MONEY LAUNDERING COMPANY INVOLVED IN USING DEAD PEOPLE (barequeros ) TO SOURCE THEIR GOLD https://www.minminas.gov.co/historico-de-noticias?idNoticia=23762117
6. STEPAHN JOYERIA
7 EXPLOTACION MINERA INTELIGENTE
8 COLOMBIAN FINE GOLD

ALL OF THESE PEOPLE FLY IN COMERCIAL FLIGHTS FROM COLOMBIA ! AND DELIVER PERSONALLY THE ILEGALLY SOURCED GOLD


WE HAVE INFORMED CUSTOMS TO IMEDIATELY DETAIN THESE INDIVIDUALS TRANSPORTING MILLIONS OF DOLLARS WORTH OF GOLD WEEKLY FROM COLOMBIA
 
anachronism said:
whistleblower said:
https://ntrmetalszonafranca.wordpress.com/tag/universal-precious-metals/

https://ntrmetalszonafranca.wordpress.com/tag/roberto-ramirez/

we are now dedicating all of our resorces to expose your criminal activities we have a 100% succes rate
Click to expand...

Well I don't get involved in any criminal activities and I know of nobody here who does so behave.
Click to expand...



it is for aejandro esponda and roberto ramirez owners of universal precious metals
 

Latest posts

Back
Top