19 votes

VIDEO: Glenn Beck Sponsored 'GOLDLINE' Charged With 19 Counts Of Criminal Fraud

This may be old news now, but this is the first I heard of this story..

By MATTHEW MOSK and BRIAN ROSS | ABC News | Nov. 1, 2011

Goldline, a company that used endorsements from Glenn Beck and other conservative icons to sell hundreds of millions of dollars worth of gold to consumers, has been charged with theft and fraud in a 19-count criminal complaint filed Tuesday by local officials in California.

The criminal complaint filed Tuesday by the Santa Monica City Attorney's consumer protection unit marks the latest in a series of allegations it has leveled against the gold dealer, which pioneered the practice of weaving its sales pitches into broadcasts by popular conservative political personalities -- including two former presidential candidates -- to sell hundreds of millions of dollars worth of gold every year.

The complaint alleges that Goldline "runs a bait and switch operation in which customers, seeking to invest in gold bullion, are switched to highly overpriced coins by using false and misleading claims," according to a statement released by the consumer affairs division of the Santa Monica City Attorney's office.

Read more: http://abcnews.go.com/Blotter/goldline-execs-charged-fraud/s...

Trending on the Web

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Peter Schiff has a reputable

Peter Schiff has a reputable gold company as well. He was Ron Paul's financial advisor on the Presidential Campaign.


All paper money eventually returns to its real intrinsic value, zero. - Voltaire

SteveMT's picture

"other conservative icons" like Mark Levine.

They lure you in, fill your head with neoconservative dogma, and then they fleece you. They sleep like babies also.

SteveMT is exactly correct about the Neo-Con Gold frauds like...

...Levin and Beck.

Furthermore Goldline is a RIP and on top of that, when you buy from them, they have your name, address, credit card info, phone etc. They have your identy.

Those rats will gladly give your info over to government on the day when (NOT IF) the government comes for our precious metals.

So it's a TRAP and you'd better believe that Big-Government, Neo-Con, War-Mongering, Arab-hating A-Holes like Beck, Levin, Hannity, O'Reilly and Limbaugh are part of the (anti-liberty) machine.

And remember...THEY HATE the likes of us Ron Paul NUTS and KOOKS as they have called us and would be more than happy to draw us in for the eventual double-cross.

STAY AWAY frpm Goldline at all costs...And any other online metals dealers for that matter.

Use only cash, no names, no addresses, no phone numbers and leave with your metals IN YOUR POSSESSION.

But I'm sure I don't have to tell Daily Paul members this, and am probably just preaching to the choir.

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul

C_T_CZ's picture


American Precious Metals Exchange

I've purchased from APMEX a bunch of times. Never once had any issues whatsoever. Silver rounds, bars, and some gold.

Highly recommended if you want an investment in real money that you can hold.

Proclaim LIBERTY throughout all the land unto all the inhabitants thereof

SteveMT's picture

Yup. Me too.

No hassles time after time. Merit is also very good.

Me also

APMEX.com very very reliable....
excellent products and guaranteed satisfaction

Love Liberty, be Vigilant

"Now the Lord is that Spirit: and where the Spirit of the Lord is, there is liberty" (2 Corinthians 3:17)

Faith in God will prevail all things!

And IF you ACTUALLY Ordered Gold Bullion

..they (Goldline) would keep you waiting an exorbitant amount of time to receive your "shipment".
Particularly distressing, considering the enormous amounts of monies involved.
THAT is why I never dealt with them...They were labeled very early on as a "Bait & Switch" Operation.

Lock 'em up & throw away the key....

"Beyond the blackened skyline, beyond the smoky rain, dreams never turned to ashes up until.........
...Everything CHANGED !!

Old News

Of course, sales organizations are subject to the skills and abilities of sales people. They require management to prevent perverse incentives from corrupting the sales process, and many salespeople don't know that the first rule is to find out what people want and why, and to help them meet their goals.

What do you think? http://consequeries.com/

Sounds more like a problem with "stupid" buyers.

If you don`t know what you are buying then don`t buy it. Read the ABC article. And I have no trust in ABC I`ve never dealt with goldline so I cannot say they are lying scum such as ABC is.

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people that pay no price for being wrong.
Thomas Sowell

So, no justice for suckers, then? That's nice.

So, no justice for suckers, then? That's nice. And it breaks 230 years of common laws against fraud. What's wrong with prosecuting lying, cheating scum like the people at Goldline?

"Cowards & idiots can come along for the ride but they gotta sit in the back seat!"

Let The Buyer Beware

There are thousands of old 'SNAKE OIL" salesmen...

Personally, I wouldn't buy a phucking thing Levin and Beck sponsor..

Wouldn't it be nice to see The Ron Paul Channel recommend or sponsor something we could be safe in buying...I mean he could maybe just mention one or two things every so often during his Ron Paul Channel...

What do ya think?

I know he only has so much time allotted and his show isn't really about advertising but once in awhile wouldn't be a bad thing, No?

Mark Levin also

claimed on his show that he uses Goldline

Please subscribe to smaulgld.com

Old News, But, Believe It Or Not This Is The First I Heard Of It

Don't ya just love the Beckmeister...