Former Disney star Erik von Detten sued for elder abuse after couple poured $2.1M retirement savings into gold
The lawsuit claims the second transaction resulted in another immediate loss of more than $418,000.
In total, the Greenbergs allege they paid $2,146,958.22 for coins worth approximately $1,360,925. The complaint claims the couple’s entire traditional IRA accounts were rolled over into the gold investments.
The lawsuit also alleges the physical coins were never delivered to the Greenbergs. Instead, they were sent to Delaware Depository for storage. The couple claims they continued paying fees to maintain their gold IRA accounts and store the coins.
After the retirement accounts were "depleted," the complaint alleges Rosland pursued other sources of money. In August 2021, the Greenbergs allegedly used their family trust to purchase nearly $200,000 worth of additional gold coins.
The lawsuit claims they paid $135,487 for 109 PAMP British Museum Lewis Chessmen coins that were worth approximately $48,832. They also allegedly paid $64,300 for 50 PAMP F1 Abu Dhabi coins that were worth about $22,420.
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The Greenbergs claim they did not realize they had been overcharged until 2025, when they began looking into the value of their holdings. When an Advantage Gold representative allegedly suggested the company operated differently from Rosland, Sheila turned to AI to look into Rosland's business practices, a search that led her to uncover what she described as unethical conduct.
"By their conduct, Defendants took, secreted, appropriated, obtained or retained an unconscionable mark-up over the fair value of no less than $900,000 for a wrongful use, since they knew or should have known that doing so would likely be harmful to Plaintiffs," the documents state.
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"Instead of helping them protect their hard-earned wealth, Defendants helped themselves to it. 49. In addition, Defendants committed financial elder abuse since they took, secreted, appropriated, obtained or retained Plaintiffs’ money with the intent to defraud."
The couple is seeking at least $900,000 in compensatory damages, double damages, punitive damages, prejudgment interest, attorneys’ fees and costs. They have also demanded a jury trial.
A representative for von Detten did not immediately respond to Fox News Digital's request for comment.
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