UK gold coin sales jump on concerns over Labour’s fiscal plans
While the possibility of a capital gains hike by Labour adds to the coins’ appeal, it’s one of many potential drivers for the Mint’s increased sales.
Police in Chennai have arrested a 25 year-old woman who sold fake gold coins to a number of women in the city.
Her scam came to an end when another woman recognized her from a fake coin sale four months earlier.
The woman, named Poongodi, reportedly arrived in Chennai from Andhra Pradesh days ago with a group of associates. The others are still on the loose.
Poongodi has admitted to cheating people all over Chennai. She told police that she obtained the coins from a gang leader in Andhra Pradesh.
The coins were sold for the equivalent of between $80-100.