Millions in gold coins found in broker's home

[Arizona Coin Collector]

FROM:
http://www.stltoday.com/stltoday/news/stories.nsf/stlouiscitycounty/story/4EC9DCAE2BECFAD9862574C9005E8C3F?OpenDocument

Millions in gold coins found in broker's home

By Robert Patrick
ST. LOUIS POST-DISPATCH
09/19/2008

A St. Louis County broker under investigation by the FBI and
securities regulators had millions of dollars in gold and
silver coins stacked in his basement, according to his former
company and lawyers involved in the case.

Donald C. Weir Jr., formerly a vice-president with HFI
Securities Inc. in Clayton, was working with investors on his
own, a company statement released Friday morning said. HFI is
now working with investors to determine the full amount that
had been invested with Weir.

Lawyer Al Watkins, who is representing HFI, said investors say
they had tens of millions of dollars in collectible gold and
silver coins. Investigators don't yet know where all that
money is, but believe that what was found in the basement will
fall far short of the total amount invested, Watkins said

HFI is cooperating with the FBI and securities regulators,
Watkins said. Weir's lawyer said he was also cooperating.

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HFI Securities Inc Web site:
http://hfisecurities.com/Index.htm

About HFI Securities, Inc.

HFI Securities, Inc. was incorporated in November of 2000
and was granted membership to the NASD (now FINRA) in
June of 2001.

HFI Securities, Inc. is a full service broker-dealer. Our
product offerings include equities, corporate debt
securities, mutual funds, US Government securities,
municipal securities, variable life insurance and
annuities. HFI Securities, Inc. clears its business
on a fully disclosed basis through First Clearing, LLC.

HFI Securities, Inc. is a Longrow Holdings, Inc. Company.

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