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.
The painful truth of those little "stories" has added up to a collective judgment by precious-metals customers across America that Bates and FAMC are "guilty" of not deserving their business anymore. That's why Bates was in court in Memphis on Monday as his company and personal assets went into receivership.
And in time, those "stories" will come into play once again as the court decides on the $80-million class-action suit brought against Bates and his company by several of the victims of his deceitful practices. To name a few things: his company under-delivered purchases of precious metals or put off deliveries, defrauding consumers out of hundreds of thousands of dollars.
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.
We are humbled that the Lord picked us to deliver a form of earthly justice to this man and his company who earned so much of their business by pretending to follow "Christian" principles.
Now, following Monday's court procedures, we are hearing many more "anecdotes" in the form of letters of thanks from those we had helped.
"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."
The sad thing about anecdotes is that, even as his house of cards is crumbling around him, Bates manages to create still more victims. One man we recently heard about had waited over a year to receive a check for a trade he'd made. FAMC had the coins, but the man didn't receive his $30,000 from Bates.
And now the sad thing is that he most likely never will. That's one more "story" Bates can tuck away.
The painful truth of those little "stories" has added up to a collective judgment by precious-metals customers across America that Bates and FAMC are "guilty" of not deserving their business anymore. That's why Bates was in court in Memphis on Monday as his company and personal assets went into receivership.
And in time, those "stories" will come into play once again as the court decides on the $80-million class-action suit brought against Bates and his company by several of the victims of his deceitful practices. To name a few things: his company under-delivered purchases of precious metals or put off deliveries, defrauding consumers out of hundreds of thousands of dollars.
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.
We are humbled that the Lord picked us to deliver a form of earthly justice to this man and his company who earned so much of their business by pretending to follow "Christian" principles.
Now, following Monday's court procedures, we are hearing many more "anecdotes" in the form of letters of thanks from those we had helped.
"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."
The sad thing about anecdotes is that, even as his house of cards is crumbling around him, Bates manages to create still more victims. One man we recently heard about had waited over a year to receive a check for a trade he'd made. FAMC had the coins, but the man didn't receive his $30,000 from Bates.
And now the sad thing is that he most likely never will. That's one more "story" Bates can tuck away.
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