Thread: Goldline Execs Charged With Fraud

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  1. #21  
    Power CUer noonwitch's Avatar
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    I would rather see them go after the gold company that uses a convicted felon as their spokesperson, i.e. Rosland Capital. :D
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  2. #22  
    Senior Member The Night Owl's Avatar
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    Quote Originally Posted by Articulate_Ape View Post
    Two words: caveat emptor
    What of it?
    Ubi Dubium Ibi Libertas
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  3. #23  
    Senior Ape Articulate_Ape's Avatar
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    Quote Originally Posted by The Night Owl View Post
    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.
    "Reality is merely an illusion, albeit a very persistent one." ~ Albert Einstein
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  4. #24  
    Power CUer NJCardFan's Avatar
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    Quote Originally Posted by noonwitch View Post
    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.
    "Inequality is a false notion propagated by those who are made to feel guilty for what they have by those who are jealous for what they don't"-Former MTV Host Kennedy
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  5. #25  
    Quote Originally Posted by The Night Owl View Post
    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.
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  6. #26  
    Senior Member The Night Owl's Avatar
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    Quote Originally Posted by Hansel View Post
    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.
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  7. #27  
    LTC Member Odysseus's Avatar
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    Quote Originally Posted by The Night Owl View Post
    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.
    --Odysseus
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  8. #28  
    Power CUer NJCardFan's Avatar
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    Quote Originally Posted by The Night Owl View Post
    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?
    "Inequality is a false notion propagated by those who are made to feel guilty for what they have by those who are jealous for what they don't"-Former MTV Host Kennedy
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  9. #29  
    LTC Member Odysseus's Avatar
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    Quote Originally Posted by NJCardFan View Post
    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
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  10. #30  
    Senior Ape Articulate_Ape's Avatar
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    Quote Originally Posted by The Night Owl View Post
    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.
    "Reality is merely an illusion, albeit a very persistent one." ~ Albert Einstein
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