Travis Kelce Defrauded in $35 Million Ponzi Scheme
Kansas City Chiefs star Travis Kelce is among those defrauded in an alleged $35 million Ponzi scheme. The Outnumbered panel discussed Kelce’s situation alongside a Government Accountability Office report estimating taxpayer fraud costs up to $1.5 billion daily. This scrutiny includes spending on California’s high-speed rail project.
Elder Abuse Lawsuit Filed Against Erik von Detten
Former Disney star Erik von Detten faces a lawsuit filed by an elderly California couple. Sheila Greenberg, 85, and her husband, Norman Greenberg, 97, claim von Detten convinced them to invest over $2.1 million in overpriced gold coins. The couple filed the case in Los Angeles County Superior Court against von Detten and Rosland Capital on May 11.
The complaint accuses the defendants of financial elder abuse, fraud, breach of fiduciary duty, constructive fraud, and conversion. According to court documents obtained by Fox News Digital, the Greenbergs argue Rosland’s sales tactics targeted senior citizens. They claim the advertising methods included television, internet, brochures, and high-pressure sales.
Detailing the Alleged Fraud
The Greenbergs contacted Rosland in 2020 after seeing TV advertisements promoting gold as a safe investment. Upon reaching von Detten, they disclosed their combined IRA accounts held over $2 million.
Von Detten allegedly earned their trust and advised purchasing $999,000 of Lady Liberty gold coins. Sheila paid $599,654.83 for 797 coins; Norman paid $399,519.09 for 531 coins. They claim von Detten assured them the price was fair for retirement investment protection.
The lawsuit alleges the coins sold at a 60% premium, costing around $3,009.56 per ounce, while gold’s spot price was approximately $1,903 per ounce. The couple claims to have lost $367,000 in value soon after the transaction.
Further Investments and Losses
The Greenbergs allege von Detten continued to contact them, urging more investments. They claim Rosland labeled them a “whale” due to their wealth.
On November 5, 2020, they made a second purchase of gold coins totaling over $1.14 million. Sheila reportedly bought 885 additional coins for $677,644.50; Norman bought 614 coins for $470,139.80. This transaction allegedly led to another immediate loss of over $418,000.
Overall, the Greenbergs paid $2,146,958.22 for coins worth around $1,360,925. They accuse Rosland of never delivering the physical coins; instead, the coins were stored at Delaware Depository. They continued incurring fees to maintain their gold IRA accounts.
Allegations and Legal Demands
With retirement accounts depleted, Rosland allegedly pursued other funds. In August 2021, the Greenbergs bought additional gold coins worth nearly $200,000 using their family trust. They paid $135,487 for 109 PAMP British Museum Lewis Chessmen coins valued at $48,832. They also paid $64,300 for 50 PAMP F1 Abu Dhabi coins worth about $22,420.
In 2025, upon reviewing their holdings, they realized the overcharging. Sheila used AI to investigate Rosland’s practices, revealing unethical conduct. The complaint argues defendants appropriated a markup over fair value of no less than $900,000, constituting financial elder abuse and fraud.
The couple seeks at least $900,000 in compensatory damages, double damages, punitive damages, prejudgment interest, attorneys’ fees, and costs. A jury trial is demanded.
Von Detten has not commented publicly on the lawsuit.
Christina Dugan Ramirez contributed reporting. Ramirez has extensive experience covering Hollywood for PEOPLE before joining Fox News Digital in 2024.