Dec 9th, 2011
Anne Trimble has worked fervently to save
the victims of FAMCs Larry Bates.
See what they have to say:
Susan Walker says:
May 7, 2009
There is not an adequate way for me to express how thankful I am for you, your faith and willingness to go to bat for others. Thank you for STANDING FIRM FOR THE TRUTH.
Thank you for focusing light on a company so others can see more clearly why they might want to do business elsewhere.
Because you led the charge, my order of precious metals with FAMC was finally delivered. Of course it took 5 months. I had made several calls, sent a personal demand letter and NEVER had a response from Mr. Bates of his staff.
May God bless you and yours,
July 22, 2009
My mother has been calling since November 2008 and has not gotten a delivery of her metals. Excuse after excuse. I believe that this is another ponsi scheme. looks like bernard made off again. Larry step up to the plate and put your money where your mouth is and do what is right, we the people are counting on your answer. If you can’t answer the call get off the radio because you are hurting godly people.
October 2, 2009
Dear Anne, I understand what you are saying. I was working with Dr Bates, under supervision of a local pastor in Singapore. When challenged by a lot of savvy investors on a safe and sound Standard Operation Procedure, written guarantees and exit strategies, I have never received a professional reply from any of them. Long delivery times and in the case with one client here in Singapore who is highly dissatisfied with Dr Bates, it is to such an extend that I am to comfort the old man now.
Though I agree to a large extend to the messages he teaches on finance, I do not adhere to FAMC business practices and definitely not the way of their professionalism. (Kindly not publicize this publicly, it is just a way to communicate with you.
F. Pellerito says:
October 10, 2009
Your May 6, 2009 posting exposing “Dr.” Larry Bates’ unscrupulousness confirms my suspicions. For years I listened to his “Unraveling the New World Order” radio show until I realized Bates has a hidden agenda. His new show is called “News and Views” as he has given up “unraveling” in favor of the more profitable “joining” the NWO. If you call in to his show and attempt to enlighten his audience on the truth of a particular matter he will either talk over you, edit your comments using their forty five second delay, or cut you off and then proceed to spend the next five minutes attempting to make your remarks look ridiculous(and yes, that includes lying). But what do you expect from a former politician? By the way, that fact, as well as his boast of being a “former banker”(why would anyone give up such a lucrative “profession”?), should raise more red flags than a May Day celebration in Moscow. Has anyone checked out his credentials? Before you hand over your life savings to anyone, I’d highly recommend you do that. I’ve known several people who’ve been taken by so-called “Christian businesspeople” who seem to get a free ride by our trusting brethren. This man needs to be exposed and this website should be forwarded to as many people as you can before it disappears. Already it’s been moved from page one to page two when you Google “Larry Bates financial” and I’m sure he’ll do his best to bury it further. Also, your local station carrying his show or advertising should be notified and referred to this website and pressured to remove him from their programming. Although I’ve never had financial dealings with this former banker/political crony, if I were one of his victims I would pursue him to the ends of the earth with a lawsuit so that his hustling days would be over. Forget the Better Business Bureau–it’s a waste of time. Go after him civilly and criminally so that he can’t fleece any more unsuspecting Christians. God bless. Frank
Former Employee says:
October 12, 2009
I worked for Larry Bates and I have a lot to say about him to comfirm his dishonesty. I would like to talk to you further. It is very important I speak to you.
October 20, 2009
I thought I would do some investigating on Dr. Larry Bates. I am certainly glad I did and discovered this site. About a year ago I sent off and received his book and DVD. I am so thankful that I did not go further. At the end of the DVD, upon view, there was intruction and promise of sorts. This instruction and promise was that the viewer make a phone call to a certain ph. # which would entitle the purchaser of Bates book and DVD, a free instruction pkg./guideline to Economic Survival. I called it, gave my name address and phone number to a lady who said she’d send it. I have not received or heard anything since. Anyhow, it’s obvious that this man is NOT a Christian, people. I am so sorry to hear about all this loss. Bates is a Wolf in sheeps clothing. We have been warned that Satan can appear as an angel of light. I will tell you that I had no idea that Bates had any company where he’d gain financially as FAMC. If I had, I would not have even ordered his book! I am Apalled! Evil flourishes when a good man stands by and does nothing as stated in Proverbs. I am going to be praying about this. We have Laws in this country and there is still some semblance of justice left. We should utilize this while we can. If this is not evil that has not happened then the LORD will provide a protection for Bates. I am sorry, but I will not stand by and blink because I am worried this man will tarnish Christian reputation. All the more he should be exposed by the ones he claims to be part of. Doing so would be testimony to all non-beleivers that we do not want to affiliated with evil, that believers want truth. As I said I will truly pray about this. I will take action to expose evil if the LORD speaks to my heart. I feel that the LORD is speaking to me now just by me finding what I have read here. Again though as I said, I will pray and wait on the LORD.
Delsie Gavali says:
October 22, 2009
I am one of the one who has been swindled by this company this is ditto
I ordered gold in march and have called the sales person umpteen times a
and get the same answer it is coming ,be patient , you are in line,
we’ll bump you up, complaining to Larry Bates has got me a few lines that
Larry will get back to me that was several weeks ago, thank you for your
expose I will take action now ,Christian or not. I am a widow 74 yrs old
and wanted to have coins for the same reason as mentioned in his news
letter I have been had and it makes me very angry.
October 27, 2009
Hello, Larry Bates was a guest on a TBN TV show called “Jewish Voice” with Jonathan Bernis. I ordered the dvd and book set they offered. After viewing the DVD, I asked for the Free Economic package he said he would send. After receivng them I decided I would try to buy a small amount of coins first as a test. I noticed that when I first called to purchase silver coins I left a message a few times without any callback. Finally their operator left message for Larry’s son Bill. Plus I asked him and thats how I know Bill is his son who also took the metal order. Well the delay in callback should have been some indicator as to how they might run their business, but I trusted them because Larry gives indications that he is a Christian. I got the brochure “Storm proofing you assets” . Larry seemed like he really wanted to guide Christians to prepare for the bad financial times he says are ahead. I did order some silver coins from his son Bob who told me it would take 30-45days for delivery because of delay in the US mint production. And although I got an order confirmation, his son never told me that payment should be made within 48 hours of placement of order. It’s only after I got the confirmation Invoice that I learn all of the terms and conditions! Lesson learned. Make sure you ask for a copy of their terms and conditions first!!!! Only after you read them, then make up your mind. I am going to see if they come through on their end and fullfill my order. I wish I would have seen this website first. If Larry is a deceiver, then he already has his reward.I will follow up and let you all know IF and when my order is filled. May God bless you Anne!
F. Pellerito says:
November 8, 2009
Since I posted a comment on 10/10/09 there have been four more comments on “Dr.” Larry Bates and this website has moved from page two to page one when you google “Larry Bates financial”. I called my local radio station and the station manager, who has already had complaints from listeners, promised to view this site. I’ll be following up on it this week. In the meantime, does anybody know how we can get Ann’s site to come up whenever anyone searches “Larry Bates”, “Larry Bates economist”, “Chuck Bates”, or “FAMC”??? That would certainly help reduce the number of new victims. Let’s spread the word about this guy and if you’ve been cheated by him and his cohorts, DO something about it. Contact your state’s Attorney General for starters. Most states have enacted laws which deal more harshly with those who prey on the elderly. If you can afford to, hire your own attorney to prosecute your case. Bates & Co. has to be stopped! God Bless. Frank
Alexis Burcke says:
November 9, 2009
I am so glad I found your expose on Mr. Bates. I had attended his seminar last year in St. Louis, and left quite impressed and shaken. His seemingly biblical view of finances was a huge paradigm shift to what I had grown up to believe as truth, and it took me some time to recover from the shock of this new way of thinking with regard to investments. I was ready to cash half of our retirement into gold, but thankfully I’m married to a skeptic who wouldn’t allow such a thing without adequate research. Since then, I’ve been slowly but surely researching the pros and cons of gold investment in light of Mr. Bates so called “wisdom”. My husband and I and my mother as well have been trying to make the best investment decisions with our retirement funds. We’ve been prayerfully praying and asking God to mark our steps with our retirment funds. So today I was going to call his company to get more specific information, and as I was searching the internet to get any info. already available online, I thankfully found your very valuable information. What an answer to my prayers!!! THANK YOU FOR YOUR HONESTY, even if it means it had to tarnish a so called brother in the Lord. If he is a true Christian, may God seriously discipline him in such a way that he will make good on his business dealings. And if he’s not a Christian, well as the person said before me, he has already received his reward, and God will ultimately judge him in due time.
Mary Walters says:
November 16, 2009
Wow! Larry Bates seems so sincere. I saw him in 2008 at his Dallas conference. Thank you for exposing the “other side” of Larry Bates. How does one find a reputable precious metals broker?
December 21, 2009
I had a real problem with the FAMC today, I called this morning, of course I got Chuck Bates assistant Denise’s voice mail. At noon I called and also got a voice mail, so I asked to speak to a live person. I was told that they were out to lunch and I should call back at three. I called back at 2:50, I was told that Denise was supposedly out to lunch yet. I left a voice message, then called back 4 times in a row only to get her voice mail. I finally called again and asked to speak to a live person, the operator tried to blow me off again, so I told her I had been trying all day to get through. This time Denise answered the phone and said that she was just getting ready ro call me back. I asked for my silver only to be told that I still had to wait as it wasn’t in and to be patient, I told her it was way past the 45 days now and she said well it says on the back of the agreement it may take longer. Then she said what are you worried about you are making money as it has gone up, when I tried to tell her she was wrong that it was worth less, however that wasn’t the issue she started in on how silver goes up and down and I shouldnt have a problem. I told her I wanted my silver now and she wouldnt let me get a word in edgewise and said good bye. I called her back and by a fluke I got her again and I advised her that silver was down 80 cents per oz. and I didn’t like her lying to me or hanging up on me. again she started h er spiel and when i tried to say something she threatened to hang up if I tried talking over her, however she wouldn’t give me a chance to speak. So anyhow now it looks like it will be more thatn three more months. I will be giving you a call in the morning on the number you went me in todays email. I’m so frustrated by the way these people treat others.
Bob L says:
January 6, 2010
I ordered gold and Sliver in august 2009 and was told I would recieve it by no later than Dec 2009 and that the silver would ship sooner Now I still cannot get a date from them to deliver and they are saying that the silver will be much later and to sit tight… I am done sitting I am going to report the to the BBB today and start a demand letter… Is there an attorney that I can contact, I am in Colorado???
Thank you a very upset former client of Mr. Bates
January 18, 2010
I to have waited patiently past my delivery date for my silver eagles.I have made several inquiries of the past due dates and given different excusses.This past week I was told that the bank[hsbc]where the metals were stored was audited and the metal was being moved.Most people with credit cards should be familiar with h.s.b.c.This bank is involved in high intrest finance and credit cards.The main reason for dealing with Dr.Bates was to avoid dealing with the world.Because of this organizations deception, i now know that i was dealing with the world.
Before this company is shut down we need for them to be forced into not taking any more new orders.All new orders should be satisfied,then Dr.Bates should be held accountable.Some how those with good intentions should be forwarned that there is a credability issue with this company.Had I known some of his Christian beliefs were actually the traditions of men,I would not have supported him.
The BBB has listed on their web 17 complaints against Dr. Bates company.All are concerning shipping.This information need to be easaly assesable.Also by word of mouth,please advise your friends and family to do their own research before investing in the future.
February 19, 2010
I ordered a large sum of silver coins back the first of November 2009 as well and am still getting the run-around from my agent. Larry Bates seems to be holding money from mostly women who have fallen for his Christ like concern for their future! I think everyone who has dealt with his firm should contact the Christian Shows, TV & Radio and warn them of his business practices so they will quit helping him advance his practices.
Helen Gray says:
February 23, 2010
I also sent a check to Chuck Bates in May of 2009 and after many phone calls, emails have only gotten a portion of what I ordered, and that was with much trouble and grief. I am a 53 year old widow with two of my children at home. So not only is this affecting widows but also my fatherless children. I have 3 grown children who are watching this ungodly behavior as well. Not only have they lost their father, but now they are seeing unjust and unrighteous dealings. My prayer is that justice will come for the innocent. May all who have been cheated in this receive 7 fold what has been stolen from them and their loved ones.
J Kay Shapan says:
March 29, 2010)
My aunt and her husband invested $30,000 in FAMC and they have not received their gold either. My partners and I are launching several new websites in the senior category and I am going to put Larry Bates at the top of the “watch” list and republish the article above on all of of the sites. http://www.for-senior.org http://www.plan-retirement.org and http://www.livingsenior.org
And I am going to contact the news wires to make sure that Larry and Chuck Bates are exposed all over the Internet for taking advantage of seniors using fear and religion to take advantage of seniors.
What greater fear than to put your life savings in the hands of someone who is promoted on Angel TV, God TV and on and on!
April 8, 2010
Unfortunately I ordered gold coins in November of 2009. I was told that delivery was 2 to 4 months behind it is now mid-April and after being given the assurances I would be taking delivery soon, nothing has happened. After reading your article I can see why. I hate to resort to threats of legal action but I can see my choices will be limited.
Thank You for your honesty.
April 15, 2010
I can’t thank you enough for putting your neck out on the line to share this information. It seems the sheep in wolves clothing abound these days, and we must all rely strongly on the Lord to discern who is who. I pray the Lord restores all your fortunes and those of your clients’ and that He rewards you mightily for your warning testimony. And by “fortunes” I don’t just mean money. For even when people finally get their precious metals, the loss of peace is something no amount of money can make up for, so this I especially ask the Lord to restore bountifully — perfect peace for you and all your clients — not just in the next life, but in this one. Thank you again so much.
May 1, 2010
Larry Bates, FAMC, and consultant Cheryl L. DeYoung, are all swindlers! Beware!!! My poor mother has put the bulk of her savings into gold and silver with these criminals and they have not given her either her gold or her silver. She is completely terrified that they have taken her life savings. Cheryl L. DeYoung is the consultant that is giving us story after story as to why the gold has not been delivered, even though it has been 6 months since purchase for the gold and over a year for the silver ordered. I guess we are going to be forced to get an attorney to try and get it back. This is the worst scam on senior citizens that I have ever heard of. These people are absolute scum for doing this.
June 11, 2010
Thank you for posting this page. I have been trying to get delivery on a very large purchase of silver coins from Dr Bates since Nov. of 2009. After many phone calls to my agent and Dr Bates personal secretary, we finally received our coins on June 3,2010. I was extremely dissapointed in the way FAMC does business. You could get no information and they will not let you talk to anyone accept your rep. I felt sorry for him because from what I understood, his coins were tied up too. I think all the Christian TV shows that have him on as guest should check his business practices out before having him on air.
Former FAMC Consultant says:
June 29, 2010
All these stories are very familiar to me, also a former consultant for Bates’ FAMC. This should come as no surprise to anyone who really knows the man, he is not a Christian, he is in fact a 32 degree Mason. I also had several clients who could not get items timely delivered and when delivery was made, the clients were cheated as to both quality and quantity. We had to get the FBI involved.
Buyer beware !
Randy Allen says:
July 30, 2010
My son purchased $10,000 worth of American Gold coins. After a full year of waiting and multiple phone calls he agreed to receive French Bars as a substitute or his money back after having his money for over a full year. Years ago we purchased silver eagles from them and it took over six months to get them. I am very disappointed. I know that it is all dust when we leave this planet but as a Christian we should serve not cause headaches for people….
Deon Barnard says:
August 28, 2010
I am a South African – I have read Bates’ book on the “disorder” that that shall happen at the end times – some I buy some I hold my own tongue in the cheek opinion – BUT what I don’t understand as an Evangelical Christian, is that so Many American ‘Christians” have so many dollars to buy so much gold. Many places around the globe suffer famine and there is much suffering in your own country as there is elsewhere. Should your gold dollars not be spent to address these vital issues – or are you waiting for a pat on the back with our LORD’S : “Well done faithful servant, you certainly have a fancy gold collection. Just asking?
Duped, but wiser says:
September 3, 2010
I worked for FAMC when it was headquartered in Colorado back in the 90′s. After coming to the same conclusions concerning his “delayed shipping practices,” myself and another “financial consultant,” as we were called, hit the eject bottom and got out of there immediately. It wasn’t long afterwards that Chuck and one of Larry’s henchmen showed up at my door making threats. It wasn’t too long afterwards that some of us went to the FBI. They informed us that they were well aware of his ways, which they said bordered on the edge of being illegal. The man knows how the game is played, and has done it well for years making merchandise of people by exploiting their fears or stroking their egos in the name of the Lord.
Carol McSwain says:
September 8, 2010
After reading this article I was pleased to see that I was not the only one. I called FAMC after watching Larry Bates on Jewish Voice. So on April 1, 2009 and on April 24, 2009 I ordered 1,000 oz. silver bars during each call and some gold. It took several months to receive my gold francs but I thought, not having ever ordered silver or gold before, “well, silver must take a little longer.” Throughout this time, I called at least every two weeks to check on my order of silver. I received a call in October of 2009 and was told at that time that my silver bars had sold “for a profit” and that I would be receiving my coins in short order. After several phone calls over the course of several months, I finally became very frustrated, not to mention, extremely nervous with the thought that I may have been scammed out of approximately $32,000+. I called the BBB in Memphis and in Fort Collins. I then called my local police department and made a report after calling FAMC and being told that, “I would get it when it comes in.” Needless to say this elevated my concerns. My last call was in May of 2009 and I was very upset and threatened a lawsuit if I did not either get a complete refund or my coins. I was told that Chuck Bates had authorized a refund. However, the next day I received a call from his administrative assistant and was told that, “your coins just came in.” I wondered then if they had been holding onto my coins for some reason. Perhaps, but whatever the reason, I did receive my coins within a few days and have not had to contact them since. Being a Christian the Bible tells us that we should not take our “brothers” to law. But I really began to wonder if these people were really our “brothers” and were just calling themselves Christians but were really wolves in sheep’s clothing. I know one thing, I sure felt as though I was being fleeced! I thank God that it all worked out but not without much anguish on my part.
September 29, 2010
Thanks for the alert! I actually did business back in the early 90′s with FAMC in Ft. Collins. Norm Franz, who is no longer there, worked for Larry and helped me establish a Golden IRA account with a silver coin purchase. All the news was bad then, and their advice was to keep renting, buy gold & sliver, and stay out of the market. Unfortunately, I listened and missed one of the biggest Market & Housing booms of the 90′s here in Colorado. I was considering going back to them for my 3rd IRA investment in Gold, but will now forgo that, due to the warnings above.
October 10, 2010
I ordered gold from larry bates after reading his book. This was in January 2010. I have not received very much of the order. I have called and called the colorado office and his rep says he has to get in touch with larry bates first and see when we will receive it. I will notify an attorney if I do not receive it within the next couple of months.
October 30, 2010
Wow! Thank God I stumbled onto this site. My husband and I are retired and planned to attend his seminar. Now we won’t be wasting our time and certainly not be swindled out of our money. It is so heartbreaking to know this transformed “angel of light” is such a master of deception that even his former employees are speaking out against him and warning people. But…..as the Bible says when Jesus was speaking to the Pharisees, “You are children of the devil, and will do as he does” God help Mr. Bates if even a portion of this is true. I have personally seen people who misuse their authority get stomped so hard their loss is by no means worth their sin of graft and deception. May GOD have HIS protective and loving hand on those who have been deceived and lost their investment finances. In Jesus mighty name may HE go forth and stomp and kill evil perpetrated on GOD’s people!!!
Jill Isken says:
November 24, 2010
I am one whom you all recently saved from making the terrible mistake of buying from the Bates family. I was supposed to send in my money on Tuesday. Well, Wednesday came, then Thursday and Friday and I still did not feel good about it somehow. I had prayed to show me if this was some kind of a scam as I was leary sending money out of state. I was about to wire the money to Bates Friday afternoon when I happened to find your comments about all you have been through. Boy did I get away from my plans fast. I want to thank all of you for taking the time to help other Christians from falling into the same pit. I can’t thank you enough. I’m praying for your fast recovery. I found out on the internet that all the hoopla about certain gold NOT being confiscated is bogus. Gold is not registered at this time and only if your agent sends in certain forms to the government will they ever know about it as well as buying anything else. It only takes a few days to get your gold and a week to receive the silver. Pls serf internet on this matter. Merchants are getting alot of money for old coins using this ploy. Thankyou, Thankyou, Thankyou and Thankyou. Your sacrifice really helps others and may God reward you for this.
Sharon L Lamicella says:
November 28, 2010
I too have seen Larry Bates speak on Jonathan Berris talk show and I purchased Gold & Silver matals that have never been shipped. I can never get his son Bob Bates to return my calls and the operators will not give me any information. They just keep sending me to Bob Bates voice mail. I have sent letters and fax’s to the memphis and Colins offices with no response. I am from Toms River, NJ. I don’t know what to do. Will the metals eventually be shipped?
Current client says:
December 31, 2010
Made my purchases back in 01-02 and still awaiting delivery!! What to do?? Where do I turn? There’s a lot of money involved here!! Can I talk to someone? I’ve got documentation. Just came upon this excellent expose, and have felt something was rotten here for quite awhile. Do I get the award for having the oldest back orders??
January 9, 2011
Hi, I have been waiting for 11 months for 16,000 in silver coins from FAMC. What do you recommend I do to get my orders. I had cashed in my IRA for this. thanks for informing us. Michael
February 3, 2011
I too have dealt with Larry Bates. I placed a sizable order ($60 K) and like everyone else I waited. I did get the coins eventually, but they were slow to arrive. It took approx. 60 days. Also, I looked around and could NOT find those same coins any cheaper elsewhere. I don’t think Larry is dishonest and I will state that he is in my opinion most certainly a believer. I do suspect that he might be engaged in what is known in the business as the “float.” That is where the payments from new clients are used to fill the orders from earlier clients. There are lots of reasons this is done: A bad economy, a slow down in business, etc. I think Larry is just plain behind in business. He is spending too much on his lifestyle. I think he needs to be trying to generate more cash and equity. I believe he is attempting to work his way out of it. I also think everyone will get their metals–so long as he remains in business. If you manage to shut the doors at FAMC–most of you will get nothing. That is the reality.