Glenn Beck-Approved Goldline Charged With 19 Criminal Counts

[jaxx]

Glenn Beck-Approved Goldline Charged With 19 Criminal Counts Of Fraud And Theft

By Alex Seitz-Wald on Nov 2, 2011 at 10:30 am

Goldline International, the precious metal retailer that has capitalized on conservatives’ anxiety about the economy by forging synergistic relationships with right wing TV and radio hosts, is facing a new series of legal challenges after authorities filed criminal charges against the company and its executives yesterday. Several major conservative talkers — including two former GOP presidential candidates — have endorsed and recommended Goldine, which critics have long contended is little more than a scam.

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Quote: 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.

The company has been charged in the court filing with misdemeanors that include theft by false pretenses, false advertising, and conspiracy, the City Attorney’s office said. In addition to the charges against the company, the complaint accuses former CEO Mark Albarian, executives Robert Fazio and Luis Beeli, and salespeople Charles Boratgis and Stephanie Howard of defrauding customers. Current CEO Scott Carter is accused of making false or misleading statements.

<..> While former Fox News conspiracy-theorist Glenn Beck is most closely associated with Goldline, Rush Limbaugh, Sean Hannity, Laura Ingraham, and Mark Levin, along with former GOP presidential candidates Mike Huckabee and Fred Thompson, and several Fox News hosts, among others, have all endorsed the company.

http://thinkprogress.org/economy/2011/11...nal-fraud/

Imagine that. One of the few who would run ads on Glenny's program is a scam! A highly endorsed scam too.

[Cha]

Goldline is exactly like their pimps..bait and switch. Wake up Suckers.

[janedrake]

Down goes Glenn Beck! Down goes Glenn Beck! (Couldn't resist. We'll see.)