2. Among the many odd aspects of the court-ordered
taking down of Larry Bates' ill-gotten economic empire is
that a regular part of his legal defense was to disregard
as simple "stories" the stories of victims created by the
deceitful practices of his precious-metals firm, FAMC.
3. The painful truth of those little "stories" has amounted
to a cumulative judgment by precious-metals clients
around the United States that Bates and FAMC are
"guilty" of not deserving their business at all. That's why
Bates was in court in Memphis on Monday as his
company and possessions entered into receivership.
4. And in time, those "anecdotes" will certainly be heard
once again as a court decides on the $80-million class-
action suit brought against Bates and his company by
numerous victims of his questionable business methods.
They materially shorted and postponed distributions of
lawfully bought gold and silver, defrauding their clients
out of a small fortune.
5. To us, these aren't just "anecdotes" but the stories of
real people who were exploited in an evil way. We have
a heart for the many individuals whom Bates cheated
out of millions of dollars over the years. We personally
helped many of them understand how he was cheating
them. We guided some of them toward the legal help
which then became manifested in the class-action suit.
6. We are humbled that the Lord chose us to help deliver a
form of earthly justice against this fraudulent man and
company, who garnered so much of their business by
masquerading under "Christian" principles.
7. Now, in the wake of Monday's court proceedings, we are
hearing more "anecdotes" in the form of appreciations
for the work we have done to inform and attempt to
protect Bates' victims.
8. "Many thanks for all your effort!" read one testimonial
that we received through email. "You were 'anointed'
for this. I luckily got my gold (assume it is gold) [from
FAMC] and when I didn't get my silver order after years,
they finally sent me a check with an increase as price
had gone up. But I am [not sure] what I would have
gotten had I actually gotten the silver."
9. The unfortunate aspect of this entire business is that
Bates continued to create victims even when his house
of cards was collapsing all around him. One man we just
recently heard about had actually waited for more than
a year to obtain a check for a trade he'd made. FAMC
had the precious metal coins, yet the man didn't get his
$30,000 from Bates.
10. And now, regretfully, he probably never ever will. That's
one more "anecdote" Bates can dismiss.
