Ex-CoiNuts Owner To Repay $578K
A former Coeur d’Alene coin dealer recently jailed for theft has been ordered to repay customers about $578,000 for violating state consumer protection laws. Kevin E. Mitchell, 49, who owned and operated the CoiNuts Inc. shop until closing it in July 2012, was accused of taking money from the customers but never fully delivering their gold and silver coins. Over time, consumers realized Mitchell had misrepresented his ability to acquire the coins, then ignored their repeated requests for refunds, officials said. Mitchell is permanently barred him from owning or operating a coin business in Idaho, and he has been ordered to repay 10 of his customers a total of $579,569/Scott Maben, SR. More here.