The advertisement pictures a smiling Beck and a quote: "The ONLY Gold Company I Recommend and Use." Beck has not commented on this latest Goldline lawsuit.
http://www.youtube.com/watch?v=ki0DOknN4D0
The newest complaint encompasses 19 counts, all of which are misdemeanors--grand theft by false pretenses, false advertising, elder abuse and conspiracy within the past three years--and names former CEO Mark Albarian, current CEO Scott Carter, executives Robert Fazio and Luis Beeli, and salespeople Charles Boratgis and Stephanie Howard in the lawsuit.
--Claiming that European gold coins that Goldline, Int. Customers needed to place a phone call lsat diagnostic test online and speak with a representative.
Misleading statements and false advertising specifics include:
--Paying salespeople over 2,000% more on commission for selling gold coins than the commission that is offered to salespeople for selling gold bullion.
The defendants will be arraigned in the Los Angeles County Superior Court in the first week of January, 2012.
Each offense carries maximum fines ranging for $1000-$10,000, and a maximum penalty of one year in County jail.
The Santa Monica City Attorney's office filed a lawsuit against Goldline International on November official statement 1, 2011.
--Training salespeople to frighten customers that gold bullion must be reported to the federal government, but gold coins don't have to be reported to the federal government.
Some of the specific complaints include:
--Training salespeople to promise sales of gold bullion with intentions to transfer the customer to a senior salesperson to entice the customer to purchase gold coins instead.
--Offering gold bullion for sale on Goldline, Int. advertisements without intention to sell gold Continue bullion.
Glenn Beck's official website still includes advertisements of Goldline. The Santa Monica City Attorney's Office is currently accepting complaints via internet, link here.
--Training salespeople to frighten customers that the federal government would confiscate gold bullion, but not gold coins.. website, but there is no type of "purchase" button. was offering were rare.
--Advertising that gold bullion could be purchased through a button on the Goldline, Int
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