We uncover fools. Our mass media fails.
Glen Beck’s gold company forced to make refunds.
He told listeners and viewers that he personally bought gold from the company and calling its executives “people I trust.”
Prosecutors in Santa Monica charged six of Goldline’s executives with fraud and accused the company of running a bait-and-switch operation that lured customers into buying overpriced antique coins as investments—coins that Beck promoted on his shows. The Santa Monica city attorney obtained a judgment and injunction against Goldline that requires the company to radically overhaul its practices and to stop deceiving customers about prices, among other things.