Superior Gold Group Sees Assets Frozen By Judge

Los Angeles Times:

After numerous consumer complaints, a Santa Monica gold dealer's assets were frozen and its operations turned over to a court-appointed receiver, officials said Tuesday.

A judge froze the assets of Superior Gold Group on Monday after it was accused of fraudulent business practices in a civil lawsuit against the company and owner Bruce Sands filed by the Los Angeles County district attorney and the Santa Monica city attorney.

Read the whole story: Los Angeles Times

Comments

[FreedomCorpse]

11:47 AM on 12/10/2010

Goldline sells gold plated coins at a 2000% markup over spot, Superior Gold Group must be something similar.

[buckbuck11]

10:03 AM on 12/10/2010

Really? Glen Beck involved in promoting a fraudulent enterprise? Really?

[Slash14]

11:27 PM on 12/09/2010

This is not a sponsor of Glenn Beck. Superior Gold Group is not Goldline.

Ha Ha Ha Epic Fail for the liberals again. Nice way to fact check. Did Maddow or Olbermann give you this story?

[Auldskul]

12:23 AM on 12/10/2010

http://www.free-press-release.com/news-despite-fraud-and-scam-attacks-superior-gold-group-supports-fox-news-advertising-partnership-1251411175.html....epic fail indeed, clear the chalk dust out of your brain....

[Sc15237]

09:54 PM on 12/09/2010

Beck has been right on so far. Try watching his show once on a while. And superior isn't a beck advertiser, get the companies straight. And FYI....huffing ton post has advertisers that push gold/silver too , so does that. Mean she is as bad as you say Beck is? Research some of his claims for yourselves, instead of following blindly the extreme liberal left media.

[Slash14]

11:32 PM on 12/09/2010

Fan #1

[WiltonDiary]

01:53 PM on 12/10/2010

No one in the world is worse than Glen Beck! However, unless you graduated from 8th grade you wouldn't understand that.

[Justdontgetit]

08:39 PM on 12/09/2010

Wow. This and finding that his buddy, winky won the "OrStupid" part of the rudeorstupid.com voting makes my week.

http://rudeorstupid.com/

Santa showed up early. ;- )

[morosemoose]

05:33 PM on 12/09/2010

Good to see Beck taking advantage of his viewers and supporters.

[booker52]

05:20 PM on 12/09/2010

Yahoo buckeroo!

[lvrose3]

04:40 PM on 12/09/2010

My financial adviser told me it was a scam years ago. It doesn't pay dividends or interest while you hold it; if you insist on it, do your research on the management of the company first. Go to FINRA and see if any of the people have had lawsuits against them. I passed on these clowns.

[Slash14]

11:26 PM on 12/09/2010

I BOUGHT GOLD FROM GOLD LIE FOR 700 A ONCE AND SOLD IT FOR 1400. So I suggest getting a new advisor

[AJOHMSS]

08:17 AM on 12/10/2010

' GOLD LIE ' ?

Freudian slip?

[WiltonDiary]

01:54 PM on 12/10/2010

That would be YOU LIE!

[GomezAddams]

04:13 PM on 12/09/2010

Glenn Beck is a Right Wing Icon:

Icon is the perfect word to describe Glenn Beck as in

Icon people into believing that republican­s are for the common man.
Icon people into spending their hard earned money on gold sold by a company under investigat­ion.

[commonsense68130]

02:57 PM on 12/09/2010

This is not a sponsor of Glenn Beck. Superior Gold Group is not Goldline.

If I were Glenda, I think this might be a good one to spend some cash on litigation.

[demimckingwoodtx]

12:39 AM on 12/10/2010

Ever heard of subsidiary?

[commonsense68130]

04:32 PM on 12/10/2010

Actually, I would bet you a stack of gold coins I know a he|| of a lot more about business structures and affiliations than you do.

I do not see anywhere in this article where Superior Gold Group is part of Goldline. I also do not see it on SGG's website. http://www.gold101.com/company_information/

It appears that a very bad gold company is being investigated along with a very reputable one. I understand that readers like you will rarely dig into the article and find out the facts. That's what keeps you in line as a sheeple. Enjoy your ig[nor]ance and have a nice day.

[Billyguitar]

02:54 PM on 12/09/2010

Unless it's art or an actual coin the true value of gold is it's whoesale melt value. I bet Becky never mentioned that in his commercials!

[Billyguitar]

02:53 PM on 12/09/2010

I bet Glenda is such a great guy that he makes good on the losses out of his own pocket! ;-)

[LonosCurse]

01:56 PM on 12/09/2010

Thar's gold in them there shills!

[LogicalMathMan]

01:05 PM on 12/09/2010

HSBC is being sued for $7billion by trustees who invested in the Madoff scam through that bank.
A similar suit should be forthcoming against Dr. Beckyl, in this case.

[profitforless]

12:47 PM on 12/09/2010

No wonder a company that preys on the gullible would advertise on Beck's show. Will he mention this on his shows? Hmm.