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- 4u2ctruth, on 10/11/2007, -0/+0Lear Financial Inc., (Lear) a company that sells gold coins, other metals to individuals for their personal accounts and also for their IRA and other retirement accounts. Lear employs about 50 people, most of which are selling via the telephone and internet.
There are allegations and lawsuits claiming widespread and systematic fraud against it customers and illegal tape recording of customers' phone calls perpetrated against Lear's customers, among other wrongful acts.
The claims contend that Lear systematically misled its customers about the amount of commissions they were paying and overcharged them. As well instructs its employees as to how to mislead its customers. Documents have been obtained to support this specific allegation as well several of Lear’s customers have come forward with supporting evidence.
The claims state 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 and instructed their employees to record and eavesdrop on conversations without all parties knowing consent. Many copies of tape recordings have been obtained to support this allegation.
Lear receives fund via bank wire, personal checks, money orders, credit cards and financial rollovers. President/ Founder Kevin DeMeritt operates several other business enterprises doing business at the same location as Lear’s and transacting via the internet and telephone.
We are investigating whether you had similar experiences 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 alleged wrongful conduct. I look forward to hearing from you in this regard. Peter Dion-Kindem, Dion-Kindem & Crockett (818) 883-4400 WOODLAND HILLS, CA. - 4u2ctruth, on 10/12/2007, -0/+0Is Lear Financial using major US advertisers to knowingly deceive investors?
Investors allege widespread price deception and employees make claims of other wrongful or illegal business practices. Go to Rip Off Report.com type - “Lear Financial - Gold Central - Buy Gold at Cost or Kevin DeMeritt”
The following list of advertisers should drop 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 & 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 Lear Financial and Gold Central “on air”; touting Lear Financial and other owned enterprises to millions of listeners, viewers or readers.
FOXNEWS Television, for example, broadcasts several 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.
According to many Lear Financial investors as well as former and current employees, for year's investors have been deceived and employees have alleged open racial / sexual harassment by Lear Financial.
Founder/ President 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, print, web and 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 TEN 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.
Finally, Imus is off the airways!
TIME TO KICK DEMERITT OFF AS WELL


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