VIDEO: Glenn Beck Sponsored 'GOLDLINE' Charged With 19 Counts Of Criminal FraudSubmitted by emalvini on Sun, 04/20/2014 - 16:45
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.