Category: gold bars

‘Never Been in Dispute’: Sold Gold Bars Were 99.99 Percent in Purity, Says Perth Mint

Australia’s official bullion mint, Perth Mint, says there was “no question” about the gold value and purity of its gold bars sold to Chinese customers, which indisputably contained at least 99.99 percent gold “at all times.” It comes in response to an investigation by the Australian Broadcasting Corporation (ABC), which found the mint may need…


Perth Mint Explains Gold Doping Dispute

Australia’s official bullion mint, Perth Mint, says there was “no question” about the gold value and purity of its gold bars sold to Chinese customers, which indisputably contained at least 99.99 percent gold “at all times.” It comes in response to an investigation by the Australian Broadcasting Corporation (ABC), which found the mint may need…


LAX Worker Gets 12 Months in Prison for Stealing Gold Bars

LOS ANGELES—A man who worked at Los Angeles International Airport (LAX) for a cargo-handling company was sentenced Monday to 12 months behind bars for stealing gold bars that were part of an international shipment. Marlon Moody, 39, of South Los Angeles, also was ordered to pay a $7,500 fine, according to the U.S. Attorney’s Office….


LAX Cargo Handlers to Plead Guilty to Theft of Gold Bars

LOS ANGELES—Two men who worked at Los Angeles International Airport for a cargo-handling company are expected to plead guilty July 9 to a federal charge for stealing gold bars that were part of an international shipment. Marlon Moody, 38, and Brian Benson, 35, both of South Los Angeles, have each agreed to enter their pleas…