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Erik Von Detten, Former Disney Star, Sued for Alleged Elder Abuse, Fraud
The Greenbergs say they lost more than $367,000 after the first purchase and another $418,000 after the second, court papers say.
- Sheila Greenberg, 85, and Norman Greenberg, 97, filed a lawsuit May 11 in Los Angeles County Superior Court alleging fraud and financial elder abuse against former actor Erik von Detten and Rosland Capital.
- The Greenbergs disclosed having approximately $2 million in retirement accounts and trusted von Detten as an expert, viewing the IRA rollover as protection for their hard-earned wealth.
- Court documents allege the couple spent about $2.1 million on coins worth only $1.3 million, with Rosland "likely" viewing them as a "whale" after learning their available funds.
- Rosland Capital filed for Chapter 11 bankruptcy in July, approximately seven weeks after the lawsuit was filed, complicating the Greenbergs' recovery prospects.
- Judge Bradley S. Phillips presides over the case, with a management conference scheduled for November 9 at 8:30 a.m. in Santa Monica, as litigation continues.
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Erik von Detten, former Disney star, sued for alleged elder abuse, fraud
Former Disney star Erik von Detten is facing fraud and financial elder abuse allegations after a couple claims he persuaded them to invest more than $2.3 million in gold coins they say were substantially overpriced.
·Washington, United States
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Erik von Detten would have persuaded a couple to invest retirement savings in supercharged gold coins in California
·São Paulo, Brazil
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Coverage Details
Total News Sources16
Leaning Left1Leaning Right0Center11Last UpdatedBias Distribution92% Center
Bias Distribution
- 92% of the sources are Center
92% Center
C 92%
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