Switzerland: gold firm collapses — 80 million francs missing

A firm in Zug promised investors safe gold with fixed returns. After bankruptcy, investors are looking for 80 million francs. Only a fraction of the physical gold existed. Warning signs: Fixed returns on a volatile asset; Stock never independently audited; Sold through personal referrals. What to do: Secure contracts, involve a lawyer and your bank, and file a criminal complaint. Typical loss: CHF 5,000–CHF 500,000.