Erik Von Detten Sued Over Alleged $2 Million Gold Investment Fraud

Erik von detten lawsuit claims elderly couple lost $2 million in gold scheme

Former Disney actor Erik von Detten is being sued for allegedly convincing an 85‑year‑old woman and her 97‑year‑old husband to invest more than $2 million of their retirement savings into gold coins that were worth far less.

Details of the alleged gold scheme

The Greenbergs, who saw Rosland Capital commercials that warned of inflation and a declining dollar, contacted the firm seeking a trusted advisor. They were assigned von Detten, who presented himself as knowledgeable about precious‑metal IRAs. The suit says he told them to let him handle the decision and that he would recommend specific purchases.

Following his advice, the couple rolled over the entirety of their traditional IRAs into a gold IRA, paying $2,146,958.22 for coins that court papers estimate were worth about $1,360,925. Within two weeks, the filing alleges the accounts were drained of more than $780,000. A later investment of $114,000 was allegedly made through a family trust at von Detten’s urging.

Erik von detten lawsuit and alleged elder abuse

The complaint characterises the conduct as both fraud and elder abuse, noting that the Greenbergs had limited knowledge of precious metals and relied heavily on von Detten’s claimed expertise. The advertisements, according to the suit, were designed to appeal to senior citizens by emphasizing protection against economic chaos.

Background on Rosland Capital and the actor

Rosland Capital, based in Los Angeles, markets gold, silver and other precious metals as a hedge against financial instability. Von Detten joined the firm in 2018 after a career that included roles in "Brink!," "The Princess Diaries," and a voice part in "Toy Story 3." His acting work has dwindled over the past two decades, with a recent credit in the 2024 thriller "My Acting Coach Nightmare."

Potential next steps

The lawsuit was filed in May in California state court. Rosland Capital entered bankruptcy in July, but the filing does not indicate whether that affects the pending claims. No public response from von Detten’s representatives was available at the time of reporting.

Sources: Los Angeles Times, KTLA, FOX8 WGHP.