Kitco Offices Raided for $188 Million By Government Authorities

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    [ame=http://www.youtube.com/watch?v=8TonfrYh8KM]YouTube - ‪Kitco Offices Raided for $188 Million By Government Authorities‬‏[/ame]

    Kitco to offer plan to its creditors

    In apparently one of the first major moves against online bullion dealers. The Canadian Government tax authority raided 70 Kitco offices June 8th. Although Kitco offices remain open, this could be the first sign of large scale government regulation against the precious metals industry.
     

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