Goldline Class-Action Lawsuit

Page 1

Goldline Class-Action Lawsuit The Santa Monica City Attorney's Workplace is at the moment accepting complaints by means of world wide web, hyperlink here. The newest complaint encompasses 19 counts, all of which Phone Calls from Santa are misdemeanors--grand theft by false pretenses, false marketing, elder abuse and conspiracy inside the previous 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.

Some of the specific complaints contain: --Training salespeople to guarantee sales of gold bullion with intentions to transfer the customer to a senior salesperson to entice the consumer to obtain gold coins instead. --Paying salespeople more than 2,000% much more on commission for promoting gold coins than the commission that is provided to salespeople for promoting gold bullion. --Training salespeople to frighten buyers that the federal government would confiscate gold bullion, but not gold coins. --Coaching salespeople to frighten consumers that gold bullion have to be reported to the federal government, but gold coins never have to be reported to the federal government. Misleading statements and false advertising specifics contain: --Providing gold bullion for sale on Goldline, Int. The advertisement pictures a smiling Beck Phone Calls from Santa and a quote: "The ONLY Gold Business I Advocate and Use." Beck has not commented on this latest Goldline lawsuit. . The Santa Monica City Attorney's office filed a lawsuit against Goldline International on November 1, 2011. was providing had been rare. The defendants will be arraigned in the Los Angeles County Superior Court in the very first week of January, 2012.


Each offense carries maximum fines ranging for $1000-$10,000, and a maximum penalty of 1 year in County jail. Glenn Beck's official website nevertheless includes advertisements of Goldline. web site, but there is no kind of "acquire" button. ads with no intention to sell gold bullion. --Advertising that gold bullion could be bought by means of a button on the Goldline, Int. Buyers required to spot a telephone call and speak with a representative. --Claiming that European gold coins that Goldline, Int


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.