IRS Agents raid Gold and Silver Exchange

IRS Raids Gold & Silver Exchange

ALBUQUERQUE (KRQE) According to the IRS, special agents were out on official business Wednesday morning at the Gold and Silver Exchange on Menaul Northeast and Louisiana.

However the agency would not specify what that official business was or why they were there.

People who know the owner didn’t know what was going on either, but say he is a ‘good guy’.

“He’s always been a nice, real nice neighbor and a real nice person.” A neighbor says, “David has always been a really fair guy and helps the community.”

This business has been in the news before. In February, police say the owner bought stolen coins and tried to sell them back to the victim, a priest.

Anita Manalo who was hired to clean the priest’s home is accused of taking $70,000 worth of coins and selling them at the Gold and Silver Exchange.

Police say the owner charged the victim thousands of dollars to get them back. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Users who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

blog comments powered by Disqus