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Man Accused Of Stealing $630k In South African Coins

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aardspeed's Avatar
921 Posts
 Posted 07/30/2015  10:16 am Show Profile   Bookmark this topic Add aardspeed to your friends list Get a Link to this Message Number of Subscribers
"Man accused of stealing $630K in South African coins from seller

Jerry Price had researched what his life's collection of nearly 500 gold Krugerrand coins were worth, and, at 82, he was finally ready to part with them.

He found Kevin King, a coin collector and seller with a storefront in West Palm Beach, on the Internet, he said. After he sold 15 coins to King in August 2014, King told him he could sell the rest for $633,000. He had a buyer, a guy he knew"

http://www.sun-sentinel.com/local/p...9-story.html

Man-Accused-Of-Stealing-$630k-In-South-African-Coins
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Ploopy's Avatar
United States
1788 Posts
 Posted 07/30/2015  10:30 am  Show Profile   Bookmark this reply Add Ploopy to your friends list Get a Link to this Reply
What a jerk.
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fioti's Avatar
United States
4212 Posts
 Posted 07/30/2015  2:47 pm  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
Too bad that's not buckshot.
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Conder101's Avatar
United States
17884 Posts
 Posted 07/30/2015  3:38 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Well the buyer that stole the coins is scum, but I'm having a hard time feeling too much sympathy for someone who leaves his $600K life savings in easily salable gold coins in the car while he goes into a back booth in a restaurant for an extended negotiation. As they say a fool and his money are soon parted.
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 07/30/2015  4:02 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Making a foolish decision does not make someone a fool.

If so, we would all fall into that category.
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jbuck's Avatar
United States
188952 Posts
 Posted 07/30/2015  4:39 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Some foolish decisions cost more than others. In this case, a lot more than others.
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Cascade's Avatar
United States
7390 Posts
 Posted 07/31/2015  07:29 am  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
That tweaker who can't stop picking his face is the trusted dealer? Somethings up here. I smell dirty fish
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CoinHuntingDrew's Avatar
United States
4932 Posts
 Posted 07/31/2015  10:48 pm  Show Profile   Bookmark this reply Add CoinHuntingDrew to your friends list Get a Link to this Reply
Meth is a bad drug.
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Joe2007's Avatar
United States
3843 Posts
 Posted 11/30/2015  9:21 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
Man charged with coin theft in Florida arrested in Maine
http://www.wcsh6.com/story/news/201...da/76578644/


Quote:
They also learned King was recently released on $30,000 bail in Florida after being charged with grand theft and money laundering. Police in Florida said he stole 490 African Krugerrand gold coins, valued at more than $600,000, from an 83-year old man who had been collecting them for years.

Police recovered about 200 of the coins in King's Waldoboro home. They believe he sold the rest of them.


Come on, released on $30,000 bail after stealing $600K from an elderly person? Rubbish. This guy is a predator and needs to be treated as such. Bet there is going to be a trail of victims that this perp leaves in his wake to feed his addiction.
Rest in Peace
Parklane64's Avatar
United States
2668 Posts
 Posted 12/01/2015  01:17 am  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
Can't stop the jonesing.
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Joe2007's Avatar
United States
3843 Posts
 Posted 01/24/2016  11:17 am  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
Maine man accused of stealing $600,000 in gold extradited to Florida.
http://bangordailynews.com/2016/01/...-in-florida/
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