Merit Financial, a precious metals company that was sued by the Los Angeles County Assistant District Attorney and shut down, was the predecessor to Augusta Precious Metals; CEO Isaac was Merit's top salesman and many of Merit's employees and customer list migrated directly to Augusta after the company closed.
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Dale WhitakerEvidence Quote
“Merit Financial were sued by the assistant district attorney in Los Angeles County um and I think the I believe the lawsuit was like $200 million or something like that um and all the employees showed up to work one day and uh there was just a notice on the door hey we're closed”
Created: 8/13/2026, 9:55:37 AM
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