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PRICE
QUALITY
SERVICE
Pick any TWO, you CANNOT have all THREE!
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So, based on what I read about Tulving, this is what you get by dealing with him:
PRICE - FANTASTIC
QUALITY - Apparently good
SERVICE - SUCKS BIG TIME
So if you are looking for PRICE breaks, you are giving up SERVICE when dealing with Tulving.
"Gary Jordan · Top Commenter · North Georgia Technical College
Commodity investors deserve to lose out. They have ruin the country the last 5 year and drove prices up on everything."
"Mike Masterson · Top Commenter
I believe that gold hoarding is a major form of greed. Gold is a vitally important metal in making electronics reliable. When you make switches, connectors and other components out of gold, they last many times longer and the reliability goes way up. When people hoard a vast majority of the worlds gold in their safes, then it isn't available to be used in industry. I have had electrical components fail in airplanes; (radios and navigation equipment) many times because things that should have been made of gold, were made of copper and they failed. I even had a transponder catch fire. It is maddening because I know that the gold I needed in the electronics were locked up in some greedy person's safe. Consequently I have little sympathy for the gold hoarders who feel they got burned. Greedy people got burned by a greedy dealer. Makes me sick."
There is only one word for filth like this - BULLSHIT.
Department of JusticeFOR IMMEDIATE RELEASE
U.S. Attorney’s Office
Western District of North CarolinaThursday, February 18, 2016Federal Judge Sentences Coin And Precious Metals Dealer And His Company For Defrauding Over 380 Customers Nationwide
CHARLOTTE, N.C. – A coin and precious metals dealer and his company responsible for defrauding more than 380 customers of over $15 million were sentenced in federal court late Wednesday, February 17, 2016, announced Jill Westmoreland Rose, U.S. Attorney for the Western District of North Carolina. U.S. District Judge Max O. Cogburn, Jr. sentenced Hannes Tulving, Jr., 60, of Newport Beach, California to 30 months in prison and three years of supervised release. The company was ordered to pay a $10 million fine and was placed on a probationary period of two years. Judge Cogburn reserved his ruling on the amount of restitution owed by Tulving and the company for 90 days.
Matthew Quinn, Assistant Special Agent in Charge of the United States Secret Service, Charlotte Field Division joins U.S. Attorney Rose in making today’s announcement.
According to the filed court documents and statements made in court, Hannes Tulving was the sole owner, shareholder and president of The Tulving Company, Inc. (Tulving Co.), a California-based business that sold coins, bullion, and other precious metals over the Internet. Court records show that from about August 2013 to January 2014, Tulving and his company executed a scheme to defraud customers nationwide by inducing them to place orders for coins and other merchandise knowing those orders could not be fulfilled. Court records show that the customers paid for the merchandise expecting their orders to be delivered within a certain time frame as advertised on the company’s website.
Court documents show that Tulving and his company accepted the customers’ payments but failed to deliver some of the merchandise. Instead, they diverted the customers’ payments to fulfill other customers’ orders, to pay company debts and to return the money to previous customers who did not receive their merchandise. According to court documents filed in the case, the defendants defrauded more than 380 victims nationwide of over $15 million. Hannes Tulving and the Tulving Co. each pleaded guilty to one count of wire fraud in August 2015.
In handing down Tulving’s sentence, Judge Cogburn noted what a staggering amount of money was stolen from the victims in such a short period of time. He also noted the seriousness of the offense and said that, “People were seriously harmed and their lives are affected. These people saved up money and they were hurt.”
Hannes Tulving will be ordered to report to the Federal Bureau of Prisons upon designation of a federal facility. All federal sentences are served without the possibility of parole.
The U.S. Secret Service handled the investigation. Assistant U.S. Attorney Kevin Zolot prosecuted this case.
this thread brought up some memories.........used to buy from Tulving.....luckily did not get caught up in his problems .....but its a good example of what to watch for in a dealer before they go underThey are dead. Not much else to say.
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