Wednesday, August 5, 2015

Father and Sons Indicted in $18 Million “Mystery Babylon” Scheme

Larry Bates, a former Tennessee state legislator, and his sons Charles “Chuck” Bates and Robert Bates were indicted on multiple charges this week for allegedly defrauding victims of more than $18 million in a bizarre end-times scheme.

Larry Bates was CEO of First American Monetary Consultants (FAMC), Inc., a financial company engaged in buying, selling, and trading gold and silver coins. He was also the CEO of Information Radio Network, Inc.…

News Blog, Memphis Flyer via from Memphis SMB Media

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