Fake Alaska gold sold in Southeast stores ends in $20K settlement
A Southeast Alaska jewelry retailer agreed to a $20,000 settlement for selling man-made imitation gold quartz as natural Alaska gold.Summary
Acting Alaska Attorney General Cori Mills announced a $20,000 settlement with SAI Investments LLC, which operates as "Miner's Gems" in Ketchikan, Juneau, and Skagway. The company was accused of selling man-made imitation gold quartz as naturally occurring Alaska gold following a 2025 undercover investigation. State officials confirmed the material was not natural Alaska gold quartz and had been made outside the state. Mills stated that it is "dishonest and illegal to market fake gold made outside Alaska as naturally occurring Alaska gold." The settlement protects tourists and supports honest businesses while upholding the integrity of Alaskan gold jewelry. It also serves as a warning to other companies attempting to market non-Alaska made products dishonestly. Under the agreement, the defendants will pay the penalty, and state investigators are permitted to conduct unannounced checks to ensure the business accurately describes the origin and composition of its products.
(Source：Https://www.alaskasnewssource.com)