6 Responses to “Laura Ingraham On Torture”

1. John Q. Public Says:
   April 14th, 2007 at 7:39 pm

   Published on http://www.ripoffreport.com

   Kevin DeMeritt aka Lear Financial
   Using Major US advertisers to allegedly deceive investors and employees allege widespread racial/ sexual harassment and other wrongful or illegal business practices Santa Monica California

   Company: Lear Financial aka Kevin DeMeritt
   429 Santa Monica Blvd. Ste. 440
   Santa Monica California U.S.A. 90401
   Phone: 800-965 0580
   Fax: 310-656 3280

   The following list of advertisers should drop Kevin DeMeritt, Lear Financial and Gold Central from their advertising spots for allegations of racial and sexual harassment as well as alleged criminal acts perpetrated against customers, potential customers and employees.

   FOXNEWS Television
   Rush Limbaugh radio
   AM Coast to Coast radio / web with Art Bell
   AM Coast to Coast radio / web with George Norrey
   Michael Medved
   Laura Ingraham
   Dennis Prager
   World Magazine and dozens of others

   This partial list includes some of the largest and respected personalities in broadcasting, particularly from conservative, financial and religious radio, as many personally endorse Kevin DeMeritt, Lear Financial and Gold Central “on air�; touting Kevin DeMeritt, Lear Financial and other DeMeritt owned enterprises to millions of listeners, viewers or readers.

   FOXNEWS Television, for example, broadcasts several of Kevin DeMeritt, Lear Financial and Gold Central’s national commercials each business day with an actor from the TV show Law and Order who comforts the viewers with the promise that Lear will protect their investments and treat them fair.

   In fact, according to many Lear Financial investors as well as former and current Kevin DeMeritt employees, for year’s investors have been deceived and at least 3 Lear Financial employees have alleged open racial / sexual harassment by Kevin DeMeritt and Lear Financial. One former female employee of Lear Financial gave permission to publish the following information originally obtained from Rip Off Report under “Corrupt Companiesâ€Â?

   [“Former Employee� of Kevin DeMeritt and Lear Financial]
   Lear Financial – Gold Central – Buy Gold At Cost – Kevin DeMeritt crooks, dishonest sales and rip offs Santa Monica California

   I am a minority woman who worked at Lear Financial for about one year. During this time employees were not reprimanded for screaming arguments regarding deals, potential deals and office politics. They were allowed to commonly use derogatory racial slurs and sexual vulgarity without consequence.

   Other important points-
   29 of 32 brokers were male.
   28 of 32 brokers were white.
   OPEN racial and sexual harassment.
   NO standard selling or business procedures.

   These are not financial brokers/advisors of any kind!
   There are no required or accredited industry certifications (ie. series 7, series 63 etc.) of any kind to be hired as an “Account Manager�/broker.

   When clients call, concerned about their coins, current coin evaluations or when attempting to sell they are given the run around.

   Salesmen misrepresent fees by quoting “just a few percentage pointsâ€Â? when actual fees are about 45%. Salesmen misrepresent coin recommendations – numismatics is not bullion, though many customers think their buying bullion.

   Before purchasing from Lear Financial, aka Gold Central, aka Buy Gold at Cost – DON’T!

   Former Employee
   Los Angeles, California
   U.S.A.
   [End "Former Employee"]

   Here’s an excerpt of statements / comments by another Lear Financial female employee, supporting allegations of wide spread deception, open sexual harassment and other wrongful or illegal business’s practices by Kevin DeMeritt and Lear Financial.

   [Excerpt “a woman point of view�]
   Kevin DeMeritt, Lear Financial – What I experienced at Lear Financial – Rip off Santa Monica California

   My experiences at Lear Financial was not the best experience as an employee, in how I was treated or how I viewed the clients getting treated.

   Kevin DeMeritt is greatest man in the world in the eyes of the companies he advertises with, “acting� very well educated and proper around them. But the longer I worked there I saw that in reality he was vocally intimidating to everyone in that office, using threating language or gestures that made people cower.

   If they only knew that he has a very violent temper.

   I have experienced that first hand. He screamed at me and other women many times. I cried at work many times, other women have as well, but there was no one to help us.

   Kevin DeMeritt once screamed sexually vulgar profanities at a woman during dinner a company Christmas party, in front of maybe one hundred people.

   As a woman you always felt tension in that office because it was mainly made up of men. Men that you can’t say anything to because if you say the wrong thing and it got back to Kevin DeMeritt you got reprimanded, wrongfully.

   Many times other woman I knew came to visit and one of the brokers or Kevin DeMeritt would say something sexually inappropriate to them. Kevin looks down on women, I don’t know why. I remember talking to many other women who know Kevin, and we all share this same opinion.

   The company in my opinion is based on a lot of deceit for both the client and employee.

   Everyone in my personal life wanted me to quit or file my own lawsuit. I bet many can sue them, if they wanted to.

   I do know that the brokers recorded clients because I heard them practice after work while listening to tapes with the clients (often making jokes or planning sales scams)that they had already pitched.

   Many of those tapes lingered around in the office. As a matter of fact Kevin DeMeritt would use those tapes to train the new brokers. I have heard Kevin DeMeritt tell the brokers to tape their pitches and take them home and practices his pitches.

   They lied a lot.

   The client got sold and then they are forgotten about. In many instances the client will call the broker many times after they have been sold because they have a question in regards to their portfolio.

   But many of the calls went unanswered. I witnessed brokers not wanting to deal with the aftermath of what they have done to the client. I felt bad because many clients are older people that feel they are safe investing but reality they are not.

   Those brokers were so greedy that they don’t care what happens to the client’s portfolios once they have already gotten paid their commissions.

   a woman point of view
   Los Angeles , California
   U.S.A.
   [End excerpt "a woman point of view"]

   Both woman responded to the Rip Off Report.com and since the following letter was published several others, citing similar and other wrongful business practices by Kevin DeMeritt and Lear Financial, have contacted Attorney Peter R. Dion-Kindem:

   [Attorney letter to Kevin DeMeritt’s and Lear Financial customers]
   Dear Lear Financial, Inc. Customer or Prospective Customer:

   We represent a former employee of Lear Financial, Inc., a company that sells gold coins, other metals to individuals for their personal accounts and also for their IRA and other retirement accounts.

   Our client has sued Lear and Kevin DeMeritt, its President, and other employees of Lear alleging that Lear and DeMeritt wrongfully terminated his employment in retaliation for his complaints about the widespread and systematic fraud and illegal tape recording of customers’ phone calls perpetrated against Lear’s customers, among other wrongful acts.

   In the lawsuit, our client contends that Lear systematically misled its customers about the amount of commissions they were paying and overcharged them. Our client also contends that Lear also systematically violated the California Penal Code by unlawfully recording and eavesdropping on conversations between Lear salesmen and Lear customers without the customer’s knowing consent. Under California law, Lear is subject to a $5,000 civil penalty payable to the customer for each such violation.

   We have obtained a declaration from one Lear customer who has stated under oath that he was told that he was only being charged a 7% commission to purchase coins. The Lear documents we have obtained, however, reflect that he was charged 40%. We have obtained from Lear other documents reflecting that it charged another client 40%.

   We are investigating whether you had a similar experience at Lear and would greatly appreciate it if you could call us to so that we could determine if you also were subject to Lear’s wrongful conduct alleged by our client. I look forward to hearing from you in this regard.

   Peter R. Dion-Kindem P.C.
   Dion-Kindem & Crockett
   WOODLAND HILLS , CALIFORNIA 91367
   (818) 883-4400 Office
   (818) 676-0246 Fax
   [End Attorney letter]

   Doug Hanes (invested $25,000), a Lear Financial investor, spoke to Kevin DeMeritt and the following is excerpts of Mr. Hanes’s email that supports Lear Financial employee’s allegations of wide spread misleading and deceptive sales practices as well as the often cited anger and dishonesty in which Kevin DeMeritt speaks to investors and employees.

   [Doug Hanes excerpt dated April 4, 2007]
   Mr. Dion-Kindem,

   I received your letter dated March 29, 2007 asking about my dealings with Lear Financial. I had a very bad relationship with Kevin DeMeritt and Lear Financial and will assist in any way I can in your lawsuit against them.

   I knew nothing of how the gold markets worked and I put my trust in a Lear salesman? I fell for his smooth talking and ended up sending over $25,000 to Lear Financial.

   After about a month of additional research into the rare gold coin market, I realized I had been ripped off! I confronted Kevin DeMeritt on the phone and had a nice loud discussion with him about their sales methods of misleading their customers. He first tried to tell me these coins were premium quality and worth the extra money. I found out later from other sources that was a bunch of BS! DeMeritt’s only defense was the “sales contract” that they had me sign which had a bunch of fine print in it about markups and other crap.

   I published my experiences with Lear Financial on an eBay chat room and heard back from a few other customers who had similar experiences. One elderly gentleman wanted to buy over $80,000 worth of gold bullion (current gold coins that sell for the published market price of gold) and his Lear salesman talked him into buying a bunch of low-quality rare coins that were just as over-priced as mine. Instead, the old guy is going to lose a bunch of his retirement money.

   So after talking to a few other people about getting ripped off by Lear, I filed a complaint with the Better Business Bureau in California . This quickly prompted a call from Kevin DeMeritt and we had another loud conversation about their misleading sales practices.

   His response to the BBB was full of lies and contradictions. .. There was absolutely no way… ever told me they were marking up these coins by 40%!

   I will be very willing to testify that Lear Financial engages in widespread and systematic fraud of their customers. I have a feeling you will hear from many more former customers who have had similar experiences.

   Good luck and let me know how I can help! Doug Hanes.
   [End Doug Hanes excerpt]

   Other Lear Financial investors have come forward with similar experiences, such as an investor from Nevada that stated “I also bought gold from Lear – I think they are nothing but a bunch of crooks.â€Â?

   Kevin DeMeritt has many business enterprises including ReferNow, other investment type companies and several income producing real estate properties. Kevin DeMeritt’s many business enterprises are currently using US radio airways, US print, US wired sources and US television to advertise his private business interest.

   US Advertising sources that have aired multi-spot ads dozens of times every day of the year, including weekends, for years, with Kevin DeMeritt, Lear Financial and Gold Central reaping the benefits or allegedly conducting illegal business activities, at the expense of others, which may include the American investor.

   Less not forget Government agencies such a the US Postal services and US banking institutions that have unknowingly moved hundreds of millions of investment dollars due to what many allege as the wrongful, illegal or criminal activities of Kevin DeMeritt, Lear Financial and Gold Central.

   Lear investors and former employees
   Aurora, Las Vegas Santa Monica, Los Angeles & other cities
   U.S.A.

2. john q. public Says:
   April 26th, 2007 at 9:37 pm

   ALOT more than “one” person is stating that the alleged illegal or wrongful activities do occur at Lear Financial Inc. Poetic justice takes shape as one investor, who vehemently claims to have been mistreated by Lear Financial Inc., happens to be partners in a film making company which opens up tremendous possibilities for the many others that are up in arms and irate. In fact, discussions have taken place to picket the advertising stations as well as other legal demonstrations of PROTEST.

   Several are claiming that this may be the biggest disgrace of unlawful activity in the history of the Gold Markets as well as the respected Los Angeles County Financial Industry.

3. john q. public Says:
   May 10th, 2007 at 10:23 am

   American Investors speak out with allegations of wrongful and illegal business practices against Rush Limbaugh advertiser, Kevin DeMeritt

   PART 1 in a SERIES:

   Many allege that they were subjected to wrongdoings and illegal activities by Lear Financial Inc., of Santa Monica CA.

   There are allegations of systematic widespread fraud; claims that Lear Financial systematically misled its customers about the amount of commissions they were paying and overcharged them, among other wrongful acts. There are claims that Lear Financial systematically violated the California Penal Code by unlawfully recording and eavesdropping on conversations between salesmen and customers without the customer’s knowing consent and under California law, Lear Financial is subject to a $5,000 civil penalty payable to the customer for each such violation.

   Customer of Lear Financial who bought $15,000:

   R.B. Badar – Lear Financial, Misleading statements by seller and excessive sales markup Santa Monica California

   I heard on a respected conservative talk show host, I believe it was Mr. Rush Limbaugh, advertize the potential growth and little risk in buying gold. I called the 1-800 number and in return, was contacted by R. B. Brdar, senior portfolio manager representing Lear Financial, Inc.

   He stated that if I bought gold coin, in this case, there would be no risk since gold was still climbing on a daily basis. He stated there was a marginal markup of about 5-8 percent, which included a guaranteed buy back with out further cost. He also stated that if I bought at least 10,000 worth, I would get a substantial discount when buying. I then bought 10,000 worth at a cost 0f 1225.00 per coin. It took several weeks to receive the coins after payment. He called several times after that stating that gold had gone up several points and I was already making a profit of 25 to 50 / coin.

   A few weeks later, he called and gave me another big offer, I bought another 5,000.00 worth of coins. Again, almost a month wait to receive the coins.

   I happened to go to a coin sales and found the same coins for sale at 950/coin. same year and same grade by the same grading company.

   Being upset, I called Lear Financial and found out that R. B. Brdar had retired and that Mr. Bradford M. Kaye, the department head, would handle my call. I told I wanted to sell the coins. I got the run around with him saying there had been a drop in gold prices. I told him bull all the charts on line showed a profit, not much but a profit. Over all it was all going up. After a big run around, I asked for an email stating how to send the coins back for at least my money invested.

   Well he made an offer in the email to buy back the original coins for $5442.60 total/ approx 940/coin.

   Therefore, not only did they inflate the worth of the coins on initial sails, but the offer was even less than the going market value of other companies selling then same year, mint mark and rating.

   I called him and told Bradford that is company was a crooked as they come and would not deal with him at all. John Kennewick, Washington U.S.A.

   Customer of Lear Financial who bought $25,000:

   Mr. Dion-Kindem,

   I received your letter dated March 29, 2007 asking about my dealings with Lear Financial. I had a very bad relationship with Kevin DeMeritt and Lear Financial and will assist in any way I can in your lawsuit against them.

   I first became interested in gold in October of 2005. I knew nothing of how the gold markets worked and I put my trust in a Lear salesman named Chase Greenich. Chase skillfully convinced me that he had only my best interests at heart and that he wanted to make me a client for the long-term. I fell for his smooth talking and ended up sending over $25,000 to Lear Financial. In return I received twenty 1924 and 1925 $20 St. Gaudens gold coins graded MS-64 at $1,225.00 each and one 1899 $10 Liberty gold coin graded MS-63 for $1,185.00.

   After about a month of additional research into the rare gold coin market, I realized I had been ripped off! At that time, I could have purchased the identical coins on the open market for $800.00 each! I confronted Kevin DeMeritt on the phone and had a nice loud discussion with him about their sales methods of misleading their customers. He first tried to tell me these coins were premium quality and worth the extra money. I found out later from other sources that was a bunch of BS!

   DeMeritt’s only defense was the “sales contract” that they had me sign which had a bunch of fine print in it about markups and other crap. But because he was concerned about my satisfaction (BS) and wanted to keep me as a long-time customer (no chance), he refunded me $100 per coin. But even at the reduced price of $1,125.00 per coin, it was still 40% over the open market price! And even after 18 months, and with the price of gold skyrocketing, these coins are still only valued at about $900 each. It will be a very long time, if ever, before I will be able to break even on my investment!

   I published my experiences with Lear Financial on an eBay chat room and heard back from a few other customers who had similar experiences. One elderly gentleman wanted to buy over $80,000 worth of gold bullion (current gold coins that sell for the published market price of gold) and his Lear salesman talked him into buying a bunch of low-quality rare coins that were just as over-priced as mine. If Lear Financial had sold this guy the gold bullion like he asked for, the guy would have made over 35% by now. Instead, the old guy is going to lose a bunch of his retirement money.

   So after talking to a few other people about getting ripped off by Lear, I filed a complaint with the Better Business Bureau in California. This quickly prompted a call from Kevin DeMeritt and we had another loud conversation about their misleading sales practices. His response to the BBB was full of lies and contradictions. You might be able to get a copy of my original complaint and all the responses from the California BBB.

   While dealing with Chase Greenich, I do recall being told a couple of times that our conversation was being recorded. But there was absolutely no way Chase ever told me they were marking up these coins by 40%! Yes, it was my own mistake for not checking out the market before I bought, but Chase Greenich and Lear Financial did a very good job of misleading me about the value of the coins I purchased. I will be very willing to testify that Lear Financial engages in widespread and systematic fraud of their customers. I have a feeling you will hear from many more former customers who have had similar experiences. Good luck and let me know how I can help! Doug H.

   Customer of Lear Financial who bought $30,000:

   Mr. Dion-Kindem: Received your letter and yes, I also bought coins from Lear Financial and had a very similar situation to the one described in your letter. I have been stewing about this since it happened and would like nothing better that to help you go after these people. I think they are nothing but a bunch of “crooks�. Please let me know what you need from me. Joe

   Excerpt of letter obtained with permission from customer of Lear Financial who bought $100,000:

   I am the president of Hebron Ministries, a Christian organization that is involved in giving conferences to leaders of many Christian demonstrations. We also have seminaries and churches in the U.S. and many other nations. I would like to explain to you why my phone to Lear are neither received nor returned by the two representatives in you organization who sold us $100,000 in gold coins one year ago. Their names are Marc Palazzo and Marine (I do not know Marine’s last name).

   As you can see by the enclosed invoices, on January 2, 2003, I invested $50,000 in gold coins with Marc Palazzo. Although not shown on the invoice, I was acting on behalf of our organization. Then, in February I invested another $50,000 with him in gold bullion. Our plan in Hebron Ministries was to see if the returns were acceptable on a $100,000 investment and then learned about Lear though your ad in World Magazine and decided to use your company. When I called your offices, I was referred to Mr. Palazzo.

   I admit that I knew very little about investing in gold. However, Mr. Palazzo came across as such an honest and helpful individual that I made the foolish mistake of placing my trust in him. I also assumed that since your company had advertised in World Magazine, a Christian publication, that Lear would be a company with good business ethics. I still have no reason to doubt Lear’s practices, but I would like to make you aware of MR. Palazzo’s practices.

   My original idea was to buy bullion, but Mr. Palazzo convinced me that the wisest plan for long term investments was gold coins. However, he explained that since $20 gold pieces had risen 55% during the previous year that the right decision at that time was to buy $5 and $10 gold coins, since they were expected to rise sharply also in the near future. I agreed to do so and told him that I trusted his judgment in deciding which coins to send me for the $50,000 that I would immediately deposit with Lear. This was a foolish mistake.

   When I received my coins a few days later, I was surprised to see that Mr. Palazzo had invested over half of the $50,000 in eight $20 St. Gaudens, precisely what he had just told me to avoid. However, once again I assumed that he was looking out for my best interests (another foolish mistake)!

   AS you can see, I then invested $25,000 in Krugerrands in February. However, in April, Mr. Palazzo called me and convinced me that I was making a mistake to hold bullion instead of coins. He told me that a man in your company called Marine was prepared to make me a very special offer to recover the losses I had already sustained on the bullion (something that, today, would have turned into a good profit). I talked with Marine, and he told me that he would give me such a good price on $10 Liberty coins that I would recover what I had lost on the bullion.

   I then made my third mistake. I agreed to do so. The phone-recorded agreement was that I would invest a total of $25,000 in $10 Liberty coins at $399 per coin (which was to work out to 125 coins). I then sent $25,000 plus my Krugerrands to Lear. When I received my coins and invoice a few days later, I noticed that almost $2,500 of our money had disappeared in the deal, and I and received only 119 coins. I called Mr. Palazzo and Marine several times, explaining that the recorded transaction was very clear. In the first call, Marine said that between our phone agreement and the moment they received my bullion (the next day), that the price of bullion had dropped and that he could not give me the price he had promised. Finally, after several calls, they agreed to send me four more coins, and I agreed to take the loss of two coins, valued at almost $800.

   Everything was fine until about six weeks ago when I called Mr. Palazzo to ask how much my coins were worth. He did not want to talk about it and referred me to Marine. Marine finally called me back to let me know what my coins were worth. I then understood why they did not want to talk to me. After one year, my coins were worth $75,000. I was shocked. But I was even more shocked when I began to look into the current prices of coins on the market.

   I now realize that those two men took advantage of my misplaced confidence in their honesty. They were willing to take advantage of a potentially valuable Lear client for either their won profit or else the profit of friends. It seems that we have a case of insider trading. They sold me coins whose value was 25% less after a year in which the gold market had risen 15%.

   I understood from the beginning that Lear makes a reasonable 14% on the transactions between buying and selling. However, instead of that commission being at least partly covered by a 15% rise in gold prices during the past year, I still stand to lose 25%. I now know what the gold coins I have are actually worth, and approximately what they were worth a year ago. I am sure that if you look at the prices I paid on my invoices, you will see that they were never worth what I paid and still are not. Apparently, they either sold me their own coins, or those of a friend, at very inflated prices, allowing someone to make a lot of money off Herbon’s $100,000 investment.
   End excerpt letter from the President of Hebron Ministries.

   What a few of the bloggers have to say about Lear Financial and Kevin DeMeritt:

   August 28, 2006 to March 16, 2007

   Samablog robsama com

   August 28, 2006 Robsama says: “Is Lear Financial being completely honest? Am I the only one sick and tired of their advertisements on Fox News, Rush Limbaugh and elsewhere? Rather, what these guys appear to be doing is trying to confuse less educated conservative viewers into thinking that gold is a good investment by using a phrase they may have heard or read before.�

   November 30th, 2006 Manicman says: “I have seen these ads too. Mostly, I tend to dismiss most of these kinds of ads that are clearly low in production value and high on hyperbole, like the most annoying head on commercials which are in the same league as this tripe. But I think you’re on to something here, and it’s time for consumers to call out advertisers who are overstepping their bounds. Hyperbole is one thing if you’re selling scented candles or you’re going for thrill effect to sell a sports car, but when you are talking about investments, there simply is no wiggle room of this kind that is allowable. There is nothing thrilling or mysterious about finances and there should not be. The campaign is clearly misleading and until now, I’ve simply dismissed it because it’s so easy to ignore crappy ads that I know in my heart are pushing the bounds of honesty if not crossing it. But consumers should no longer sit idly by and allow this slippery slope to continue.�

   November 30th, 2006 Tencentsashine says: “Off the top of my head, there are a few things that strike me. First, a company that advertises on Rush probably isn’t marketing to the most discerning of consumers. Lear probably also advertises on Christian radio (I am an occasional listener). [I just checked this and saw that yes, you too can benefit as a Christian Worldview reader if you buy now!]. Based on where they advertise, it’s my guess that Lear Financial targets the paranoid conspiracy theorists or eschatological fear mongers or right-wing fringe groups – all of which have a common distrust of government or “world systemsâ€Â? or figure the Second Coming is around the corner.â€Â?

   January 5th, 2007 Jay says: “I also hate those Lear ads – they seem to have a very shady “snake oilâ€Â? quality to them, like those General Steel ads (who are, by the way, proven to be dishonest and have been sued in court). Anyway, you can be pretty assured that Kevin DeMerritt is a wealthy man. But is most of his wealth derived from investing in gold for the long term, or as a middleman SELLING gold (at higher than fair market value) to the suckers who call in after hearing the ad? From what I understand, the “freeâ€Â? investment guide is nothing more than a come-on to sell overpriced gold coins. Think about this… IF those gold coins were such a great long-term investment, don’t you think Lear would be trying to accumulate as many of them as possible to hold on to for a long time, rather than try to dump them on any sucker they can find?â€Â?

   March 5th, 2007 Richard Waldorf says: “I purchased several coins from Lear Financial only to learn later that their prices are very inflated and add their $325.00 “service fee� per coin feel I was ripped off. The only retirement account to benefit from this transaction was theirs, not mine!!�

   March 8th, 2007 Jay says: “Richard – ouch! Sorry to hear that. A $325 service fee seems outrageous. That’s the first I’ve hear of this. These guys are indeed slick. I still hear their radio ads several times a day, and just cringe every time they come on, knowing how much they clean up on every sale. It’s basically Kevin just sitting there going on and on about gold this, gold that…buy gold now, experts are saying 50% appreciation this year next year every year, blah blah blah. His articles say paper money is basically worthless; gold holds its value, etc. Yet, he is MORE than willing to part with his precious gold coins for YOUR cold, hard cash – cash that of course will be worth no more than its face value three, five, ten years from now. If your cold hard cash is worth more to him than his gold, such that he’s easily willing to part with those coins, what does that really say about his opinions of those coins with regard to their future value? It may be true that pure 24kt gold bullion is a smart investment, provided you are paying the fair market price per ounce and no more, but those coins have got to be the biggest scam going. I ask again… if they are such a great investment, why is Lear trying to dump their inventory of gold coins for cold hard cash?â€Â?

   March 16th, 2007 Tencentsashine says: “Most reputable investor websites are quick to cite the credentials of their leadership, yet none are available on goldcentral.com. Who are these self-proclaimed “expertsâ€Â? – and please don’t cite the public relations nonsense of these industry groups – if that’s your strongest credential, yikes! No one is answering the question: if these investments are so wonderful, why aren’t the big investment houses buying them up?â€Â?
   [End samablog]

   Thank you for ALL the responsible and detailed replies.

   We are investigating whether you had a similar experience at Lear and would greatly appreciate it if you could call us to so that we could determine if you also were subject to Lear’s wrongful conduct alleged by our client. I look forward to hearing from you in this regard. Dion-Kindem & Crockett WOODLAND HILLS, CA.

   In the future look for more blog, investor and employee information that has been helpful regarding Lear Financial aka goldcentral.com and Kevin Demeritt.

   Soon you will find out the answers to:

   Is Lear Financial Inc., aka Goldcentral.com of Santa Monica, California using major US advertisers to KNOWINGLY deceive investors?

   Each day MORE SAY, YES.

   If true, the following list of advertisers should drop Lear Financial from their advertising spots for the allegations of criminal acts and wrongdoings perpetrated against American investors, its customers, potential customers and employees.

   FOXNEWS Television
   Rush Limbaugh
   AM Coast to Coast with Art Bell & George Norrey
   Michael Medved
   Laura Ingraham
   Dennis Prager
   World Magazine & dozens of others

   And have government agencies such as the US Postal services and US bank institutions unknowingly moved hundreds of millions of investment dollars due to what many allege as the wrongful, illegal or criminal activities of Kevin DeMeritt’s enterprises?

   Finally, for those who are waiting to here from an attorney please be patient, response time is hindered by our responsibility to acknowledge research and secure accurate information.

4. Cheri Waterston Says:
   January 25th, 2008 at 6:16 pm

   INVESTORS BEWARE!!!! I bought gold in 2002 when gold price was $323. I called in January of 2003 and was told that my portfolio was up 37%. I called again to check on the price in 2006, gold price was $625, and was told that the amount of money I invested had doubled plus a little more. I called again today, January 2008, gold price is $910, and was told that my portfolio hasn’t double yet!!! When gold was $625 an ounce it had more than double but when gold went up to $910 an ounce the price of my portfolio had dropped since I had called last. It is obvious that I am getting ripped off or lied to.

   I have a close friend that also invested when gold was $390 an ounce. Gold is up to $910 and he was told if he cashed it in today his profit would be less than 20% of the amount he invested. I know they have a fee but come on, gold price is up more than 100% of what he paid for it and he is getting less than 20% return on the investment.

   When I called Lear Financial and talked to them about this I literally got SCREAMED at. I was told that there is a “gap”, which means they take out commission at the beginning, but the numbers don’t add up. Joanne at Lear treated me like I was a retard. It doesn’t take much intelligence to figure out that they are ripping people off!!

   BEWARE!!!! Customer serve is great when they think you are in the market to buy, but wait until you are a customer. You can not reach them. When you do get them on the line they are rude, make you hold for long periods of time, and promise to return calls that never get returned. Customer service is very poor, and so is the investment return on their gold.

5. Debbie Wells Says:
   October 17th, 2008 at 5:00 pm

   aaah, oohhh. I experienced something similar today. I bought $15K and ended up paying $4500 in commission and don’t know why but I think i missed that part when I bought the coins. I am so scared. I must say, I have been treated fairly and everyone thus far has been kind.
   I spoke with Jon and he is very nice and is welling to work with me and keep me informed on the value of my coins. He has said that he will email me happy customers. I will keep you posted. YOu don’t know what to believe anymore but I sure hope they keep their word and I make money or least get my original investment back.

6. Debbie Wells Says:
   October 24th, 2008 at 11:08 am

   This company is above board. They treat you with kindness and respect. They are not a rip off as I have heard on this site. Please whoever is reading this, Lear Financial, is a superb company and the staff is kind and polite. They want for you to make money and that is their goal. They work with you.

   Please do not believe the negative because if you do it will prevent you from investing and focusing on making money.

   Kevin is a Christian man and kind man. His manager Jon is the best in the gold investments.
   Call them, you will be treated like you were GOLD and you will make $$$$.

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