Cedar Park gold coin company owner accused again of theft


Highlights

Donald McBride never provided $6,600 in gold coins that customer paid for, affidavit says.

McBride is owner of David Maxwell Gold Advisors, affidavit says.

For the second time, the owner of a Cedar Park gold coin business is accused of ripping off a customer, according to an arrest affidavit.

Donald McBride, 47, was charged Friday with theft of property against an elderly individual, a third-degree felony punishable by up to 10 years in prison.

He was charged with theft in May after police said he took $9,705 from a customer for gold coins that he never provided in October.

RELATED: Cedar Park gold coin company owner accused of stealing from client

McBride is the owner of David Maxwell Gold Advisors, the affidavit said.

In the second case, a 74-year-old man ordered five American Eagle gold coins from McBride on June 27, 2016, the affidavit said. It said the man sent McBride a cashier’s check for $6,600.

McBride deposited the check the same day, according to the affidavit. It said the man sent a certified letter to McBride eight months later on Feb. 22, asking for a full refund because he never received the coins.

McBride told police on March 22 that he received the money from the customer but never provided the coins, the affidavit said.

McBride was released from the Williamson County Jail on Friday after posting bail set at $10,000.

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