Investigators in Texas said they seized approximately $30 million in gold and cash from an Altamonte Springs gold refinery accused of playing a role in a nationwide “gold bar” scam targeting seniors.
The Orlando Gold Refinery’s two owners, Timothy O’Dell and John Timmerman, are out on bond while they wait for their warrant to be sent from Collin County prosecutors and for their Florida court date at the end of the month.
Investigators said Timmerman and O’Dell melted down the gold bars scammers took from seniors and helped launder the proceeds. They’re two of the 19 people under arrest, Collin County Sheriff Jim Skinner told WFTV…