LOOSE CHANGE: SEPTEMBER 13, 2020

Forrest Fenn (1930-2020)
Forrest Fenn, an eccentric New Mexico art dealer who enticed thousands to search for hidden treasure after he announced in a 2010 book that he had stashed a bronze chest filled with gold nuggets and jewels somewhere in the Rocky Mountains, died on Sept. 7 at his home in Santa Fe, N.M. He was 90.

It came just three months after Mr. Fenn said someone had finally found the treasure chest, which held, by his estimate, $2 million worth of gold nuggets, sapphires, diamonds, pre-Columbian artifacts and other riches.

At least two people died trying to follow Mr. Fenn’s clues, and the chief of the New Mexico State Police urged Mr. Fenn to call off the hunt in 2017.

To read the complete article, see:
Forrest Fenn, Who Enticed Thousands With Treasure Hunt, Dies at 90 (https://www.nytimes.com/2020/09/09/us/forrest-fenn-dead.html)

Wife Sent to Prison in Rust Rare Coin Ponzi Scheme

The now ex-wife of a Utah rare coin dealer accused of stealing tens of millions of dollars in a silver trading scam told a federal judge Tuesday that she had no idea what her husband was doing until a month before authorities shut down their business.

But because she failed to tell police or investors, including her own family members, about Gaylen Rust’s alleged deception, Denise Gunderson Rust is headed to prison.

U.S. District Judge Ted Stewart sentenced Rust, 61, to 18 months behind bars and three years probation after she earlier pleaded guilty to money laundering. He also ordered her to pay restitution for $1.7 million she diverted from Rust Rare Coin, including a $12,000 check to her daughter, at her husband’s direction.

To read the complete article, see:
Wife of Utah rare coin dealer charged with fraud says she also is a victim before judge sends her to prison (https://www.deseret.com/utah/2020/9/8/21427396/fraud-utah-ponzi-scheme-rust-rare-coin-federal-prison)

	NBS (coinbooks.org) Web