Actor sued by elderly couple over precious metals investment losses

An elderly couple in Los Angeles has sued actor Erik von Detten and his employer, a gold company called Rosland Capital, for fraud. The couple, aged 85 and 97, say they lost around $900,000. They first contacted Rosland Capital in 2020 after seeing a television advertisement. Von Detten, 44, is a former child actor who now works as a broker for the company. The couple says he told them he knew a lot about gold and persuaded them to buy gold coins. They claim they paid much more than the coins were actually worth. The couple had about $2 million saved for retirement and spent over $1 million on the coins. Rosland Capital later filed for bankruptcy.