Beware of Fool's Gold!

Rising gold prices -- the precious metal was up 16.5 percent in the first quarter - have given renewed life to some old scams, using new technologies. Just last week a man was arrested in Kansas, charged with selling fake gold bars on Craig's List.

Michael Fuljenz, President of Universal Coin and Bullion, a member of the Professional Numismatist's Guild's Accredited Precious Metals Dealers program, says gold counterfeiting of popular coins such as the one-ounce silver and gold American Eagles as well as ingots, has become a real issue, with many forgeries coming from China.

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