Disney actor Erik Von Detten is being sued for allegedly scamming an elderly couple in a bizarre precious-metals scheme.
The “Brink!” and “Princess Diaries” star — alongside Rosland Capital, a Los Angeles-based precious-metals asset-management and sales firm where Detten worked as an account representative — is accused of scamming Sheila Greenberg, 85, and her husband, Norman Greenberg, 97. According to the lawsuit, filed in May, Rosland Capital and Von Detten persuaded the couple to invest more than $2 million of their retirement savings on gold coins worth only $1.3 million.
Representatives for Von Detten could not immediately be reached.
According to the court documents, obtained by The Times, the Greenbergs called the firm after seeing several Rosland Capital commercials on TV, which they claim were “designed in large part to appeal to senior citizens.”
“The advertisements warn of dire consequences facing retirees in the United States, coupled with concerns like runaway debt, inflation, political turmoil and the ever-devaluing dollar,” reads the suit. “The commercials tout the security of gold, silver and other precious metals against imminent financial chaos and tell of the benefits of ‘investing’ through Rosland Capital. Viewers are told that ‘investing’ through Rosland Capital is a way to protect hard-earned wealth.”
When the Greenbergs asked the firm for their “top advisor,” they claim they were connected with Von Detten. “They were very clear with Von Detten that they had never invested in gold or other precious metals and really knew very little about these things,” reads the suit. “They told Von Detten they were of advanced age as they thought it important to someone who was going to help them invest in gold bullion as part of their IRA. They told Von Detten that they wanted a trusted and knowledgeable advisor. And after speaking with him they were so sufficiently impressed that they disclosed that their combined Traditional IRA account balances were in excess of $2,000,000.”
According to the filing, the former teen heartthrob earned the couple’s trust, told the couple to leave the decision-making up to him, and that he was “very knowledgeable in precious metals and precious metal IRA accounts and would make very specific recommendations that meet the Greenberg’s needs.”
The Greenbergs allege that they rolled over the entirety of their traditional IRA accounts into the gold IRA, per Von Detten’s insistence. They said they paid $2,146,958.22 for gold coins worth roughly $1,360,925.00, “without any notion that in a matter of just two weeks” their retirement accounts had been sapped of more than $780,000.
After the couple’s retirement accounts were drained, they say Von Detten convinced them to invest another $114,000 through a family trust.
Rosland Capital filed for bankruptcy in July.
The actor, who also starred in the TV series “So Weird” and the 1997 film “Leave It to Beaver,” was a star on the rise through the ’90s and early aughts. His career in Hollywood fizzled out over the last two decades. According to IMDb, he acted in the 2024 thriller “My Acting Coach Nightmare” and in 2010, he voiced Sid in “Toy Story 3,” a role he also played in the 1995 original. In 2018, he joined Rosland Capital.
The post Disney actor accused of $2-million gold scam and elder abuse in new lawsuit appeared first on Los Angeles Times.
