BUSINESS
12/08/2010 09:40 pm ET | Updated May 25, 2011

Superior Gold Group Sees Assets Frozen By Judge

After numerous consumer complaints, a Santa Monica gold dealer's assets were frozen and its operations turned over to a court-appointed receiver, officials said Tuesday.

A judge froze the assets of Superior Gold Group on Monday after it was accused of fraudulent business practices in a civil lawsuit against the company and owner Bruce Sands filed by the Los Angeles County district attorney and the Santa Monica city attorney.

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