February 22, 2012

LOOKS LIKE SOME FOLKS WILL BE ABLE TO BUY BIGGER BUNKERS!:

Goldline agrees to refund up to $4.5 million to former customers (Stuart Pfeifer, 2/23/12, Los Angeles Times)

Santa Monica precious metals dealer Goldline International Inc., one of the nation's largest gold retailers, has resolved a criminal prosecution by agreeing to refund as much as $4.5 million to former customers.

Goldline agreed to an injunction that requires the company to "change its unfair sales practices" and to disclose price markups in recorded telephone conversations with customers, said Adam Radinsky, head of the Santa Monica city attorney's consumer protection unit.

Posted by at February 22, 2012 8:35 PM
  

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