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Charges for Glenn Beck-backed gold firm
Prosecutors have filed criminal charges against precious metal dealer Goldline International - endorsed by conservative celebrities Glenn Beck, Laura Ingraham and Mark Levin - accusing the company of defrauding customers and tricking them into buying coins under false pretenses. The Santa Monica City Attorney’s Office this week filed a 19-charge criminal complaint against Goldline, a California-based retailer, alleging the company runs a “bait and switch operation” and suckers customers seeking to invest in gold bullion to instead buy overpriced coins. The company’s legion of paid conservative endorsers often vouch for gold on-air, and the commercial breaks of their shows are filled with ads pitching Goldline’s coins as a choice investment. Read mo http://www.politico.com/news/stories...#ixzz1cfj1ONtg |
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