Wilmington Precious Metals Depository Owner Sentenced for Fraud Scheme

By Mari Lou | June 20, 2025

A West Chester, PA, man has been sentenced for fraud. US District Judge Maryellen Noreika sentenced 69 year old Robert Higgins last week to the statutory maximum term of 65 years in federal prison. Court documents show Higgins owned and operated First State Depository ā€“ a precious metals depository in Wilmington. First State Depository held…

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