No. of Recommendations: 6
That is to say for viewers of FOX, Newsmax, etc
I guess scammers recognize easy marks when they see them.
How right-wing news powers the 'gold IRA' industry
Ads for gold coins have become a mainstay on Fox News, Newsmax and other conservative outlets, even as regulators have accused some companies of defrauding elderly clients.washingtonpost.com - Gold ira conservative mediaOne such ad caught the attention of Terry White, a disabled retiree from New York. In 2018, White invested $174,000 in the coins, according to a lawsuit by the New York attorney general ' only to later learn that Lear charged a 33 percent commission.
Over several transactions, White, 70, lost nearly $80,000, putting an 'enormous strain' on his finances, said his wife, Jeanne, who blames Fox for their predicament: 'They're negligent,' she said. A regretful White said he thought Fox 'wouldn't take a commercial like that unless it was legitimate.'Many of the same people keep dumping money into Trump's pockets. I feel sorry for these people, but really...you trust FOX 'news'?
