Father and Sons Indicted in $18 Million “Mystery Babylon” Scheme


Larry Bates, a former Tennessee state legislator, and his sons Charles “Chuck” Bates and Robert Bates were indicted on multiple charges this week for allegedly defrauding victims of more than $18 million in a bizarre end-times scheme.

Larry Bates was CEO of First American Monetary Consultants (FAMC), Inc., a financial company engaged in buying, selling, and trading gold and silver coins. He was also the CEO of Information Radio Network, Inc.…

News Blog, Memphis Flyer via http://www.memphisflyer.com/NewsBlog/archives/2015/08/05/father-and-sons-indicted-in-18-million-mystery-babylon-scheme

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