Precious Metal Dealers
Crown Bullion, Inc.About
This business has 2 alerts
Important information
- Additional Info:
Several members of Crown Bullion, Inc.' senior management were previously affiliated with the business Bright Future Financial LLC dba Oakhurst Metals. This business is based in California and several unanswered complaints on file. BBB has a separate Profile on Oakhurst Metals:
https://www.bbb.org/us/ca/los-angeles/profile/precious-metal-dealer/oakhurst-metals-1216-1270130
- Pending Government Action:Government Action: BBB reports on known government actions involving business’ marketplace conduct:COMMODITY FUTURES TRADING COMMISSION, Plaintiff v. DAMIEN MORAN; CROWN BULLION, INC. (a Texas corporation); BRIGHT FUTURE FINANCIAL, LLC (a Florida limited liability company d/b/a “Oakhurst Metals”); and BRIGHT FUTURE FINANCIAL, LLC (a California limited liability company d/b/a “Oakhurst Metals”), Defendants.
On September 26, 2023, the Commodity Futures Trading Commission filed a complaint against Dallas-based Damien Moran, and precious metals dealer companies Crown Bullion, Inc. and Bright Future Financial LLC (also d/b/a Oakhurst Metals) in the U.S. District Court for the Northern District of Texas. The complaint alleges the business was fraudulently soliciting customers to purchase precious metals in self-directed individual retirement accounts, and misappropriating customer funds and assets.
As the complaint alleges, the defendants received more than $7 million from over 100 people, mainly elderly and retirement-aged, since March 2018 in their ongoing scheme, and have misappropriated most of those funds, in violation of the Commodity Exchange Act (CEA) and CFTC regulations.
The matter is pending.
Overview
Crown Bullion, Inc.
901 Main St STE 4150
Dallas, TX 75202-3736
See Hours
| Monday | 7:00 AM - 6:00 PM |
|---|---|
| Tuesday | 7:00 AM - 6:00 PM |
| Wednesday | 7:00 AM - 6:00 PM |
| Thursday | 7:00 AM - 6:00 PM |
| Friday | 7:00 AM - 6:00 PM |
BBB Accreditation & Rating
This business is not BBB accredited.
Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation.
Read moreBusiness Details
- Local BBB:
- BBB serving North Central Texas
- BBB File Opened:
- 1/14/2022
- Business Started:
- 11/16/2010
- Business Started Locally:
- 11/11/2020
- Business Incorporated:
- 11/11/2020
- Type of Entity:
- Corporation
- Alternate Names:
- Crown Bullion
- Business Management:
- Mr. Gina Falcon, Vice President
- Mr. Damien Moran, CEO
- Mr. Michael Gavyn, Sales and Marketing Manager
- Ms. Anna Moran, Director
- Ms. Esmeralda Garcia, Compliance Director
- Mr. Joseph Rickard
Additional Contact Information
- Principal Contacts
- Mr. Gina Falcon, Vice President
- Customer Contacts
- Mr. Gina Falcon, Vice President
- Mr. Joseph Rickard
- Fax numbers
- Other Fax: (979) 221-2248
- Additional Phone Numbers
- Other Phone: (855) 431-1141
Licensing information
This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
Additional Information
- Business Categories
- Precious Metal Dealers, Gold Buyers, Sales, Silver Buyers
More Resources
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