Goldline Execs Charged With Fraud

[noonwitch]

I would rather see them go after the gold company that uses a convicted felon as their spokesperson, i.e. Rosland Capital. :D

[The Night Owl]

Two words: caveat emptor

What of it?

[Articulate_Ape]

What of it?

Anyone who falls victim to "bait and switch" is a damned fool. If the company I buy gold bullion from tried to get me to buy something else, they would not be my gold company. Nowadays, fools either sue or file criminal complaints when they get duped as a result of their own ignorance.

I have little sympathy for imbeciles. That's probably why I don't feel sorry for you.

[NJCardFan]

I would rather see them go after the gold company that uses a convicted felon as their spokesperson, i.e. Rosland Capital. :D

I take it you're referring to Liddy.

[Hansel]

The problem is not what products Goldline offers but how it's offering those products. If people are being tricked into believing that Goldline's "collectible coins" are worth more than they're worth then the goverment has a legitimate case against Goldline. So it will come down to what execs are telling sales reps to say to customers and what sales reps are saying to customers.

I would think that the value of a collectible is very subjective. It is essentially worth what someone will pay for it.

[The Night Owl]

I would think that the value of a collectible is very subjective. It is essentially worth what someone will pay for it.

The value of collectibles is to an extent subjective but that doesn't mean that sellers of collectibles are allowed to misrepresent their value.

[Odysseus]

The value of collectibles is to an extent subjective but that doesn't mean that sellers of collectibles are allowed to misrepresent their value.

This is still just an allegation, and the tone of the article, which cites the links to conservative commentators several times before even addressing the claims of the case, makes it pretty obvious what the Santa Monica attorney's main concern is.

[NJCardFan]

The value of collectibles is to an extent subjective but that doesn't mean that sellers of collectibles are allowed to misrepresent their value.

Baseball card dealers do it all the time. I used to frequent card shows a lot in the late 80's during the baseball card boom and can tell you that the value of certain cards were grossly misrepresented. Should those people have been jailed?

[Odysseus]

Baseball card dealers do it all the time. I used to frequent card shows a lot in the late 80's during the baseball card boom and can tell you that the value of certain cards were grossly misrepresented. Should those people have been jailed?

Only if they were connected to Glenn Beck. :D

[Articulate_Ape]

The value of collectibles is to an extent subjective but that doesn't mean that sellers of collectibles are allowed to misrepresent their value.

"If you order within the next hour we will send you two SliceWizard knives and our SliceWizard knife cookbook worth an additional $175.00. And that's not all! Order in the next 10 minutes and you will receive the SharpSnap knife sharpener, an $80.00 value, FREE! Just pay shipping and handling! Call now! Our operators are standing by!"


Sound familiar? As long as there are fools, there will be those who stand ready to part them from their money. Is it ethical? No. Is it criminal? No. Not unless being a moron is a crime; in which case your owl ass belongs behind bars with the rest of the imbeciles like you.