Last May I revealed the criminal syndicate surrounding Glenn Beck and his dwindling cadre of advertisers. The list included Goldline International, LifeLock, Tax Masters, and Free Score. I’m not sure there is any program on TV with a more nefarious assortment of sponsors.
Today Mother Jones is reporting that the long arm of the law has reached into Beck’s hideout and nabbed one of his gold scammers.
“At the request of prosecutors from LA County and Santa Monica city who have filed a civil suit against the company, Los Angeles County judge has ordered that Superior Gold be placed into receivership and all of its assets – bank accounts, real estate, and presumably gold stored for customers – frozen. On Monday, a court-appointed lawyer actually physically seized control of the company, presumably to prevent further wrongdoing. The lawsuit alleged that among other things, Superior had defrauded its customers by overcharging them, fraudulently inducing them to buy overpriced collectors’ coins rather than the bullion that they wanted, and taking customers’ money for coins they never produced.”
Superior is just one of the gold vendors advertising on Beck’s show. Rosland Capital, Investment Rarities, and Goldline International are others. Goldline is presently under investigation for the same sort of criminal activity for which Superior was busted.
The past few months has seen more than 300 companies refuse to advertise on Beck’s show. It can’t be a good sign for him if the advertisers he has remaining pull their ads because their company was shut down and they’re in jail.