Fake silver and gold fool Milwaukee-area buyers as precious metal prices soar

With silver and gold prices near record highs, scammers are selling counterfeit coins and jewelry. Precious metal prices near record highs are drawing in buyers — and scammers looking to take advantage of them.

Thomas Beringer, a Milwaukee locksmith, thought he did everything right when he purchased silver coins.

“I didn’t buy them online. I bought them from what I thought was a reputable place,” Beringer said.

But when he went to get them appraised, he was shocked…

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