Talk show host Glenn Beck and Goldline International, a California-based gold retailer, have colluded to use fear mongering tactics to bilk investors, according to a stinging report issued Tuesday by Rep. Anthony Weiner (D-N.Y.).Does Rep. Weiner ever care about the unions/ Gambino crime family influence ripping off people in New York?
The report alleges that Goldline grossly overcharges for the gold coins that constitute the bulk of its business, uses misleading sales techniques and takes advantage of fears about President Barack Obama’s stewardship of the economy – which are stoked by its stable of paid conservative endorsers including Beck, Mark Levin, Laura Ingraham and Fred Thompson – “to cheat consumers.”
Goldline is the exclusive gold sponsor of Beck’s radio show. But, as POLITICO detailed in December, a number of gold selling companies pay other conservative commentators as sponsors and also advertise on a variety of conservative talk radio shows, as well as Fox News, which airs Beck’s television program.
“Goldline rips off consumers, uses misleading and possibly illegal sales tactics, and deliberately manipulates public fears of an impending government takeover – this is a trifecta of terrible business practices,” said Weiner. He said a December report in POLITICO report prompted his scrutiny of Goldline.
Tuesday, May 18, 2010
Weiner targets Beck and gold retailer
Politico reports: