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July 30, 2012

Earlier today, Ronnie Gene Wilson, owner of Atlantic Bullion & Coin, Inc. ("AB&C"), pled guilty to charges related to his orchestration of a criminal Ponzi scheme.  On June 13, 2012, Beattie B. Ashmore, Esquire was appointed by the Honorable J. Michelle Childs, United States District Court, District of South Carolina, to serve as Receiver over Mr. Wilson, AB&C and other related and defined individuals and entities.  The current Order of Appointment was entered on July 25, 2012.  The Receiver's duties and responsibilities, including his authority and power to carry out the functions of his assignment, are defined in the Court’s July 25, 2012 Order.

The duties assigned to the Receiver in this matter include locating and securing assets belonging to Wilson and his companies, as well as assets subject to disgorgement in accordance with the July 25, 2012 Order.  Any person who possesses information related to the location of such assets is asked to immediately contact the Receiver. The Receiver and his staff can be contacted at the following phone number: 864-271-8200. The Receiver also has the following website:  The Receiver updates this website with meaningful information and it is recommended that if you are a victim of this Ponzi scheme to continue to closely monitor the website. Please understand that the Receiver is in the process of collecting information and data from numerous sources and will be assembling that information over the following weeks and months.