Rosland Capital Bankruptcy 2026: What Happened, What Customers Are Owed and What to Do

Rosland Capital LLC failed: it filed a liquidating Chapter 11 case in Los Angeles bankruptcy court on July 2, 2026 (case 2:26-bk-16650-BB), and sells no more gold. It owes about $60.8 million to about 617 customers and had $212,661.60 in cash on August 6, 2026. So what can a Rosland customer do now?

The case sits in the U.S. Bankruptcy Court for the Central District of California. Chapter 11 is a court case in which a company either reorganizes or, as here, sells what is left and pays creditors under a plan. Liquidating means winding down, not reopening.

This page shows what each type of Rosland customer can do and how the company failed. It also covers the 2020 court ruling and 2022 Washington order that came first, the contract terms and the lessons for any gold IRA buyer. SafeOunce tracks every one of the gold IRA companies selling to US savers, including the ones that failed. This page covers Rosland Capital LLC of Los Angeles, the U.S. company in the William Devane ads.

The 12 facts below come from Rosland's bankruptcy filings, a Washington regulator's order, a California appeals court and the BBB, each dated.

Is Rosland Capital Still in Business? No: It Failed and Is Liquidating in Chapter 11#

Rosland Capital is not in business: it cut its staff to two on June 19, 2026, filed a liquidating Chapter 11 case on July 2, and holds no metal. Its website now says "This website is no longer active" and sends visitors to a creditor information page.

What happened to Rosland Capital, in one sentence? It took customers' money for gold at a fixed price, bought the gold months later after prices had risen, and ran out of cash (Doc 5 ¶23). Doc 5 is the first-day declaration Rosland filed with the court. It plans a liquidating trust, a trust set up to collect what is left and pay creditors.

The docket still showed Chapter 11 on September 28, 2026. Rosland joins a short list of failed gold IRA companies whose customers are still waiting for money.

Rosland Capital bankruptcy timeline, 2008 to September 2026#

Rosland Capital's record runs from its formation in June 2008 to a bankruptcy docket that was still active on September 28, 2026. The table lists each dated event that matters to customers.

A chief restructuring officer is an outside manager who runs a company through its wind-down. A committee of unsecured creditors is a group of creditors, here mostly customers, who watch the case for all of them. A Rule 2004 examination is questioning under oath, ordered by the court, to find assets or claims.

Who owns Rosland Capital?#

Marin Aleksov, Rosland's founder and CEO, owns 100% of Rosland Capital LLC, according to its July 2, 2026 bankruptcy filing. Washington's securities regulator recorded a different split in 2022: Marin Aleksov 55% and his brother Julian Aleksov 45%.

Since July 1, 2026, a chief restructuring officer, Michael Hogan of Armanino, runs the wind-down under a written consent from Rosland's sole member. The same filing says Rosland bought metal through Rosland Hong Kong. That firm is owned 50% by Marin Aleksov and 50% by SCAN Invest, with Julian Aleksov as its CEO.

What Rosland Capital Owes Customers: About $60.8 Million to About 617 People#

Rosland Capital owed customers about $60.8 million when it filed: about $49 million for undelivered metal and about $11.8 million for unpaid buybacks. A buyback is a sale of your metal back to the dealer. The table splits what Rosland owes customers by type, from its own July 2, 2026 filing.

Why does it matter which list you are on? Both lists hold unsecured claims. An unsecured creditor is someone owed money with no specific asset set aside to pay them. The proof differs: an invoice and payment record for one list, a buyback confirmation and shipping record for the other.

The petition, as summarized on the creditor portal, put debts at $50 million to $100 million and assets at $1 million to $10 million. The filing calls the customer list Rosland's main remaining asset, so most of those assets are not cash.

Paid but never delivered: about $49 million owed to 484 customers#

About 484 customers paid Rosland about $49 million for coins and bars it never shipped, as of July 2, 2026. That is about $101,000 per customer on average, a SafeOunce computation. The filing calls Rosland "the Debtor" and says it "only recorded revenue when the Debtor shipped the product" (Doc 5 ¶25). Money for products not yet shipped was "recorded as Deferred Revenue."

The filing does not split the $49 million between IRA orders and home-delivery orders, so both kinds of unshipped order count.

Sold back but never paid: about $11.8 million owed to 133 customers#

About 133 customers sent metal back to Rosland to sell and had not been paid when it filed, a total of about $11.8 million. That averages about $88,700 each, a SafeOunce computation. Rosland's January 2024 agreement promised payment "within sixty (60) calendar days" of receiving the metal.

One Trustpilot reviewer wrote in October 2025 of "68 days and counting and no cash" on an IRA sale. That is the reviewer's statement, not a finding.

How much Rosland customers may get back: $212,661.60 in cash#

Rosland had $212,661.60 in its bank accounts on August 6, 2026, which covers about 0.35 cents of every dollar customers are owed. The figure comes from Doc 60, a second declaration in the case.

Can more money come in? Two other sources may add to the pot. The plan Rosland described would put the proceeds from selling its customer list into a liquidating trust. Any money won in lawsuits would go there too (Doc 5 ¶41).

The size of either source is not public as of September 29, 2026. Lawyers' and advisers' fees in the case are paid from the same pool.

What Rosland Capital Customers Can Do Now to Get Money or Metal Back#

What a Rosland customer can do depends on one question: did the metal reach your vault account or your home before July 2, 2026? Two roles matter here. The custodian is the trust company that legally holds your IRA and sends statements; it is not the dealer. The depository is the vault that stores the metal.

The table sorts Rosland customers into four groups, with the first step for each.

Rosland customers have three routes to get money or metal back, in this order: the bankruptcy claim, filed on a proof of claim form; your custodian, which keeps your holdings and account records; and a complaint to regulators. What cancellation, arbitration and restitution can do when you want to get your money back from a gold IRA company is explained in our recovery guide.

If your coins are already in your IRA at the Delaware Depository#

Coins and bars already recorded in your IRA's account at the Delaware Depository belong to your IRA, not to Rosland, according to Rosland's own filing. The filing says IRA products "would be deposited in the customer's separate and individualized account at DDSC" (Doc 5 ¶16). DDSC is the Delaware Depository Service Company. The filing also says Rosland "no longer possesses any inventory of precious metals, coins, or bullion" (¶35).

The vault itself is set up to keep your metal apart from its own money. In a 2016 letter to the SEC, the Delaware Depository's trust company said customer bullion stays out of its bankruptcy estate.

The Delaware Depository carries $1 billion of all-risk insurance plus $100 million of contingent cover (September 29, 2026). It pays metal value, not premiums, and excludes events such as war and cyber attacks. FDIC and SIPC never cover IRA metal. Fees, insurance and locations for the Delaware Depository are on its profile.

The three checks are listed below.

1. Ask your custodian (Equity Trust or GoldStar Trust) for a holdings report that names each coin or bar, its quantity and the depository.
2. Compare it line by line with every Rosland invoice.
3. Report any missing item in writing to the custodian, and keep a copy for your claim.

Expect your gold IRA statement to look low; that is not a sign the metal is gone. It shows metal value, not what you paid: Equity Trust says the value "does not include any markups, commissions or premiums from the precious metals dealer." Why a gold IRA statement shows less than you paid is explained on our statement guide.

Should you keep each coin, swap it or sell it? The answer depends on the coin type. The table sorts the coins Rosland sold into three groups.

Swapping coins inside the IRA means one sale and one new purchase. The sale costs nothing at GoldStar, which charges no buy or sell fee, or $30 per liquidation at Equity Trust (FS-0004-05 Rev. 081726, as of September 29, 2026). The new purchase then carries a new dealer spread. Sell and buy on the same day, so your account does not sit in cash while prices move.

If you paid for metal that never arrived: file a proof of claim#

If you paid Rosland and the metal never arrived, your route is a proof of claim in the bankruptcy case, filed on Official Form 410. A proof of claim is the court form that says how much you are owed and why. The deadline to file one is called the bar date. The noticing agent is the company hired to mail court notices to creditors; here it is BMC Group.

The five steps are listed below.

1. Gather the invoice, the order confirmation, the payment record from your custodian or bank, and any emails about delivery. GoldStar customers: download or request statements and trade confirmations from before October 2026 now, because GoldStar's new portal does not carry them.
2. Watch your mail and email for notices from BMC Group. Rosland's filing says BMC will serve customers directly, including the claims-deadline notice (Doc 5 ¶50-51).
3. File Official Form 410, in effect since December 1, 2024, online through the court's ePOC portal, which needs no login, or by mail. If no notice has reached you, filing through ePOC also adds your address to the case's mailing list. The court's ePOC help desk is 213-894-2365.
4. Ask your custodian whether an IRA claim should be filed in your name or the IRA's.
5. Check the creditor portal (cases.creditorinfo.com/roslandcapital) for the plan and any payout.

No deadline to file claims was visible on the public docket as of September 29, 2026; the notice from BMC Group will state it. The general steps for any company, if your gold never arrived, are on our delivery checklist.

Rosland asked the court to keep customer names out of public filings, because its customer list is its main asset (Doc 5 ¶48-49). Follow the notice's instructions before you post anything publicly.

If you sold metal back to Rosland and were never paid#

If you shipped metal back to Rosland to sell and never got paid, you are on its "Buy Back List" and file the same proof of claim as other customers. Your claim is for the cash Rosland owed you. The three records to keep are listed below.

• The buyback confirmation or quote with the price
• The shipping and tracking record, or the custodian's record of metal released to Rosland
• Any emails promising payment

IRA sales need one extra record. Equity Trust's current disclosure lets it release metal to the dealer "in advance of the dealer sending your account sale proceeds." So metal can leave your account before any money comes back. Ask the custodian for its release record, which shows the date your metal went to Rosland.

If you bought coins for delivery to your home#

Coins Rosland delivered to your home are yours, and the bankruptcy does not change that.

Paid home-delivery orders that never shipped belong on the same $49 million list, because the filing counts all unshipped orders. So the claim steps above apply. Rosland's 2024 agreement promised non-IRA shipment "within fourteen (14) business days" of full payment.

If you want to sell, get two written bids from different dealers. Do not sell to someone who calls you.

Remove Rosland from your IRA account before you switch or sell#

If Rosland is still named as the dealer on your IRA, remove it, because a named dealer can instruct your custodian to send money or metal. Equity Trust's current metals disclosure (form CA_F-0003-05, Rev. 121625) calls this role the "Account Designated Representative." It says Equity Trust "will assume that all instructions ... received from your Account Designated Representative are authorized by you."

The three ways to remove the dealer are listed below.

1. Log in to myEQUITY, open Profile, then Account Relationships, and remove the dealer (Equity Trust client page, read September 29, 2026).
2. Or call Equity Trust at (888) 382-4727, Monday to Friday, 8 a.m. to 6 p.m. Eastern.
3. Ask GoldStar Trust in writing how to remove a dealer, because GoldStar's process was not published where SafeOunce looked. In the same letter, ask for your statements from before October 2026, which its new portal does not show.

Removing the dealer comes before switching gold IRA custodians or companies. The steps for switching gold IRA custodians or companies, including moving metals in kind, are on our switching guide.

Keeping or moving Rosland metal: Equity Trust and GoldStar fees#

Metal left at Equity Trust or GoldStar costs about $215 to $660 a year in custodian and storage fees for accounts under $200,000, depending on the fee schedule and the account value, as of September 29, 2026. Each exit fee runs $75 to $250, and a full exit can trigger more than one fee.

The table shows the yearly cost of keeping Rosland metal in place and the cost of leaving, from each custodian's current fee schedules.

Near the average claim of about $100,000, a retail-schedule account pays $535 to $610 a year with non-segregated storage ($425 or $500 + $110). That is more than double the metals-only schedule. Equity Trust's four schedules are explained on our page about Equity Trust fees.

Keeping metal in place is a choice, not a requirement. Moving it in kind, meaning the coins themselves rather than cash, to another custodian avoids selling at a dealer's bid. For coins shipped out, the Delaware Depository's shipping cover pays up to $100,000 per package at spot price (shipping FAQ effective November 18, 2024). Using your own FedEx or UPS account voids that cover.

Taking metal out of a traditional IRA is a taxable distribution. The five tax rules are listed below.

• Income: the coins count as ordinary income at their fair market value on the distribution date, reported on Form 1099-R.
• Early tax: under age 59 1/2, a 10% additional tax applies unless an exception fits (26 U.S.C. 72(t)).
• Withholding: a metals-only IRA holds no cash, so it cannot withhold tax on an in-kind distribution. Set the tax money aside.
• RMDs: required minimum distributions start at 73, or 75 if you were born in 1960 or later (26 U.S.C. 401(a)(9)), and can be taken in coins.
• Undo: a distribution taken by mistake can be reversed by rolling the same coins back within 60 days, once per 12 months.

Commingled storage means your metal sits with other clients' metal of the same type, still allocated to you. Segregated storage keeps your own coins apart, and GoldStar Trust fees for it rise with value. Segregated pricing above $125,000 is explained on our page about GoldStar Trust fees.

Expect sales calls: Rosland's customer list is being sold#

Rosland's main remaining asset is its list of about 35,000 customers and over 65,000 people who answered its ads, and it asked the court to sell that list. It names possible buyers: "Potential purchasers may include participants in the precious metals industry, direct marketing companies, customer acquisition platforms, financial services businesses, lead generation companies" (Doc 5 ¶46).

The sale motion was filed August 19, 2026, with a request to appoint a consumer privacy ombudsman, a person who protects customers' data in a sale. The court entered an order on the motion on August 27, 2026 (Doc 123), and its terms are not on the free docket.

Three steps that protect you are listed below.

• Register your number at donotcall.gov.
• Ask any caller for the company's legal name, and write it down.
• Check the company before you act.

A sale of the list can bring more gold IRA cold calls. How to stop gold IRA cold calls and texts is on our calls guide.

Where to report a problem with Rosland Capital#

Report a Rosland problem to the bankruptcy case first, then to the regulator that fits the problem. The claim form protects your share of what is left. A report to a regulator does not by itself return money. The table lists four agencies and what each handles.

Which agency handles what, for any company, is set out in how to report a gold IRA company.

How Rosland Capital Failed: Fixed-Price Orders Filled Months Later#

Rosland failed because it took customers' money at one gold price and bought the metal months later at a higher one, losing money on each delayed order. The filing says "there was often a months-long gap in time" between a customer's order "and the date when the Debtor purchased the product." As a result, "the Debtor ended up paying more for the gold product than the customer paid Debtor for that product. This situation was not sustainable" (Doc 5 ¶23).

How big was the gap in dollars? Gold sat at $1,500 to $2,000 an ounce from 2020 to 2023, according to the filing. It was about $2,600 at the end of 2024 and about $4,300 at the end of 2025.

The gold price squeeze, in dollars per ounce#

An order priced when gold was about $2,600 an ounce, with a 20% spread, cost the customer about $3,250 an ounce. Filling it when gold was about $4,300 cost Rosland about $1,050 an ounce more than it received. A spread is the share of your price that is not metal and that the dealer keeps.

On a 10-ounce order, that gap is about $10,500. Each order paid in advance brought in cash today and a metal bill later.

The official LBMA PM price, the London benchmark set each afternoon, ended 2025 at $4,367.80 on December 30, close to the filing's figure. It reached a record $5,405.00 on January 29, 2026, while the filing puts the 2026 peak at "approximately $5,600 per ounce".

Sales commissions paid when your money arrived#

Rosland paid salespeople 15% to 35% of the gross profit on each sale when the customer's money arrived, even if the order was later canceled or never filled. Gross profit is the price you paid minus what the metal cost the dealer. The filing says commissions were "earned upon receipt of funds from the customer." That held "even if the customers later cancelled their orders or the Debtor was unable to fulfill the orders" (Doc 5 ¶24).

At the 2021 gross margin of 18.4%, every $100,000 sold produced about $18,400 of gross profit. Of that, $2,760 to $6,440 went to the salesperson, a SafeOunce computation.

The 2024 agreement says Rosland's representatives "are not licensed as investment advisors" and "owe no fiduciary duty to Customer" (§12.7). A fiduciary is someone legally bound to act in your interest.

Rosland revenue, margins and losses, 2021-2026#

Rosland's sales fell 35.3% from 2021 to 2025, its gross margin fell from 18.4% to 8.7%, and it lost $24.1 million from 2022 to 2025. Gross margin is gross profit as a share of sales. The table shows Rosland's results as reported in its bankruptcy filing.

An 18.4% gross margin is the same measure as the agreement's spread, a share of the selling price, and it sits inside the 17%-25% IRA spread in Rosland's 2024 agreement. Measured over cost, it is an average markup of about 22.5% (0.184 ÷ 0.816). By 2025, the 8.7% margin meant an average markup of about 9.5% over cost.

Why custodians sent money before the metal existed#

IRA custodians pay the dealer before the metal is bought when you name that dealer on your account, which is how Rosland could hold IRA money for months without delivering. Customers sent funds to Equity Trust or GoldStar, which "would forward those funds to the Debtor, which would purchase the products" (Doc 5 ¶16).

Equity Trust's current precious metals disclosure (form CA_F-0003-05, Rev. 121625) spells out the same order. Naming the dealer authorizes Equity Trust "to release payment to the dealer in advance of the precious metals dealer arranging for the purchase and delivery." It adds: "Equity Trust is not responsible if there is any delay or failure in delivery by the precious metals dealer to the depository."

Rosland customers signed earlier versions of custodian forms, so their exact wording may differ. The current form shows how the system works today, at any dealer.

Rosland Capital Complaints and Lawsuits Before the Bankruptcy#

Before it failed, Rosland had one state regulator order, one published appeals-court loss, 158 BBB complaints in three years, and two investigations it disclosed in court. The BBB is the Better Business Bureau, a private group that logs consumer complaints. The table summarizes Rosland's complaint, court and regulator record, as of September 29, 2026.

A search for a Rosland Capital lawsuit finds two things: the Dennison appeal and one customer lawsuit pending when Rosland filed. SafeOunce found no class action and no regulator lawsuit against Rosland as of September 29, 2026.

Washington enforcement order: IRA metal delivered 33 to 168 days after payment#

Washington's securities regulator found in 2022 that Rosland sold over $1.6 million of coins to at least 14 Washington IRA customers, shipped 33 to 168 days after payment. The sales ran from December 2017 to April 2021. The order explains why the day count matters: "A commodity transaction does not include any transaction where the commodity is delivered within 28 days after payment."

The CFTC uses the same 28-day line for actual delivery (CFTC release 8215-20, August 4, 2020). Deliveries 33 to 168 days after payment are 5 to 140 days past that line.

The Washington order, number S-20-3045-22-CO01, was entered August 4, 2022. It told Rosland and Marin Aleksov to cease and desist under RCW 21.30.020 and 21.30.050, and fined them $20,000 together. They "neither admit nor deny" the findings, which is how a consent order, a settlement without a trial, works.

Four years later, the same delay, on a far larger scale, is the reason Rosland gives for its failure.

Every case SafeOunce tracks is in our list of precious metals IRA enforcement actions.

Dennison v. Rosland Capital: an 82-year-old buyer and a contract "impossible to read"#

In Dennison v. Rosland Capital, a California appeals court refused in 2020 to force an 82-year-old customer into private arbitration, calling Rosland's contract unfair. Arbitration is a private hearing in place of a court. The opinion, case B295350, came from the Court of Appeal, Second District, Division 8, on April 1, 2020, and is certified for publication.

Mr. Dennison had "no experience investing in metals." He paid $49,982, $50,000, $49,500 and $49,968: $199,450 in about 11 months, a SafeOunce total. The salesman "never mentioned a customer agreement." The court found the two-page agreement "impossible to read without a magnifying glass."

The court called the arbitration clause "procedurally and substantively unconscionable." Unconscionable means so unfair that a court will not enforce it. The ruling decided only where the case would be heard. The court did not rule on the prices Mr. Dennison paid.

Rosland kept similar terms. Its January 2024 agreement still had confidential arbitration through JAMS, a private arbitration service, a one-year limit to bring claims and a liability cap.

SEC and New York Attorney General investigations#

Rosland told the bankruptcy court that the SEC is investigating its metal-backed IRA products and was scheduling interviews with its staff, as of July 2, 2026. The New York Attorney General opened an investigation of sales to New York customers through 2023, which the filing calls "relatively inactive." SafeOunce found no public action by either agency against Rosland as of September 29, 2026. An investigation is not a finding of wrongdoing.

Rosland Capital BBB and Trustpilot complaints#

The BBB lists 158 complaints about Rosland closed in the last three years against 266 reviews, or 59.4 complaints per 100 reviews, as of September 29, 2026. That is about 2.7 times Lear Capital's 22.1, the highest among the ten largest operating sellers, and far above American Hartford Gold's 13.9 and Goldco's 4.2. The BBB now shows Rosland as Not Rated and not accredited.

Trustpilot, a public review website, gives Rosland 3.1 from 337 reviews, with 25% one-star, as of September 29, 2026. It shows 136 reviews in the last 12 months, and Rosland replied to 19% of negative reviews. Four dated themes from those reviews are listed below; they are reviewers' statements, not findings.

• Waits of "four months" and "seven months or more" for paid orders (February and July 2026)
• A buyback not paid after "68 days and counting" (October 2025)
• A "60 day deadline" for assets or a refund that passed (July 2, 2026)
• Phone lines "no longer a working number," and a company that "ceased operations" (July 2026)

A BBB letter grade mostly measures complaint handling: 90 of its 100 points relate to complaints. As a rough rate, 158 complaints across about 35,000 all-time customers is 0.45%, so the true three-year rate is higher.

Neither rating measured cash or delivery speed. Why BBB and Trustpilot ratings missed this failure is explained on our ratings-signals page.

Was Rosland Capital legit, or a scam?#

Rosland Capital was a real company that sold real coins from 2008 to 2026, but it failed owing customers about $60.8 million. No court or regulator had found that it ran a fraud as of September 29, 2026, and the SEC investigation it disclosed had no public result by then.

The warning record, from the Dennison ruling (2020) to the Washington order (2022), was public for years. Out-of-date reviews still say otherwise. Business Insider (April 7, 2025) called Rosland "free of recent lawsuits or scandals" and listed an "A+" BBB grade. Goldiraguide.org (November 18, 2025) says "Founded in 2005," though Rosland was formed in 2008, and lists "Delivery in 10 days or less." CBS News listed Rosland among recommended companies on August 7, 2026, 36 days after the filing, on a page that also gives the RMD age as 72 (it is 73).

A failed business is not the same as fraud, and gold IRA scams work differently. How failures like this differ from outright gold IRA scams is explained on our scams hub.

Rosland Capital Fees, Spreads and Buyback Terms (2024 Customer Agreement)#

Rosland's last public customer agreement, archived on January 11, 2024, set spreads of 4% to 33%, paid buybacks within 60 days, and sent disputes to confidential arbitration. These terms no longer apply to new buyers, because Rosland takes no orders. But they explain what customers paid and why the buyback list grew. Every term below comes from the archived agreement.

Rosland spreads: 4% to 33%, and 17% to 25% on IRA orders#

Rosland's 2024 agreement said its spreads "generally range between 4% and 33%," with IRA orders "typically" at 17% to 25%. The table shows the typical spread for each product type in section 6 of the January 2024 agreement.

Exclusive coins were sold "at prices set by Rosland Capital" that "may bear little relationship to any other recognized criteria of value" (§1.4 and §6).

Published gold IRA markups and spreads are rare: only 4 of 15 operating sellers publish a range (September 29, 2026). Every published range is compared on gold IRA markups and spreads.

What a $100,000 Rosland IRA order cost, and how much gold had to rise to break even#

A $100,000 Rosland IRA order at its stated 17%-25% spread bought $75,000 to $83,000 of metal at dealer cost. So gold had to rise 20.5% to 33.3% before the metal was worth what you paid. The table shows a $100,000 IRA order at the low and high ends of Rosland's stated IRA spread, with the metal price flat.

The sale value uses the agreement's own buyback example. A $40 coin with a 20% spread cost Rosland $32, and Rosland would buy it back for "approximately $30.50." That is an instant loss of 23.75% on the day you buy. The buyback gap is the difference between the dealer's cost and its buyback price.

A buyer had to wait for gold to climb about a quarter to two-fifths (26.4% to 39.9%) before a sale returned the money paid. The same math applies to any dealer's spread. Test any spread in the gold IRA break-even calculator.

Rosland buyback: paid within 60 days and "voluntary"#

Rosland's agreement promised to pay for metal it bought back "within sixty (60) calendar days" and called the buyback "a voluntary service ... subject to withdrawal or change without notice."

Other dealer contracts read by SafeOunce, from American Hartford Gold, Lear Capital and Preserve Gold, say the law prohibits guaranteeing that a dealer will buy metal back. So any buyback is a promise with limits, even at an operating company. What each contract promises is on gold IRA buyback programs compared.

Cancellation, arbitration and the one-year claim limit in Rosland contracts#

Rosland's 2024 agreement gave 7 calendar days to cancel after "receipt," and for an IRA order, receipt meant the depository's written confirmation of deposit. The four terms that limited customers are listed below.

• Refund: written notice "within seven (7) calendar days" after receipt; products back within 10 business days; refund within 30 days (§4). In plain English: the clock started only once the metal was in the vault.
• Arbitration: binding JAMS arbitration in Los Angeles, "kept in strictest confidence" (§15.2). In plain English: disputes stayed private.
• Class action waiver (§16.1). In plain English: no group lawsuits.
• "One Year Limit to Bring Claims" (§16.2) and a liability cap of the amount paid minus the products' fair market value (§16.3). In plain English: claims had to start within a year, and Rosland's payout was capped.

Consumer filing fees in arbitration are capped at $225 by the AAA (American Arbitration Association) and $250 by JAMS (as of September 29, 2026). Dennison shows such clauses can fail. Ask a lawyer about deadlines before you rely on any of these terms.

Gold IRA company contracts differ on each of these points. All ten sellers' terms are compared on gold IRA company contracts.

Rosland Capital minimum investment and account fees#

Rosland has no minimum today because it takes no orders. Business Insider reported a $2,500 minimum and $10,000 for IRA rollovers (April 7, 2025), plus a $50 setup fee, $125 a year, $100 or $150 storage and a $60 paper-statement fee. SafeOunce has not confirmed these figures in a Rosland document.

Yearly IRA fees were the custodian's, not Rosland's; current figures are in the custodian fee table above. Gold IRA fees come in three layers: the dealer's spread, the custodian's fees and storage, all compared on gold IRA fees.

Rosland Capital Spokesperson and Celebrity Endorsement: William Devane#

Actor William Devane was Rosland Capital's spokesman in its TV commercials from 2012, according to Rosland's bankruptcy filing. The filing says Rosland advertised on "Fox News, Newsmax, Google, Bing, AI" and "relied heavily upon direct marketing" (Doc 5 ¶17). It does not say what Rosland paid Mr. Devane.

The CFTC warns in general that fraudulent metals dealers "target their ads to political or religious programming just to gain your trust" (CFTC release 8881-24). This is not an allegation against Mr. Devane or a finding about Rosland.

Other sellers use celebrity gold IRA endorsements too, such as Lear Capital with Judge Andrew Napolitano; see celebrity gold IRA endorsements.

Does William Devane buy gold from Rosland Capital?#

No public record shows whether William Devane bought gold from Rosland; the bankruptcy filing says only that Rosland "retained" him as a spokesman starting in 2012. A paid spokesman's ads are advertising, not a customer review.

Rosland Capital vs Lear Capital: Same Contract Template, Different Outcome#

There is no longer a choice between Rosland Capital and Lear Capital: Rosland is liquidating, while Lear is still operating after its own 2022 bankruptcy. Lear used near-identical contract language. The table compares the two Los Angeles sellers on the same documented terms, as of September 29, 2026.

The two companies used the same pricing model and the same contract template, down to the same $40 coin example. The difference that ended Rosland was the months-long gap between payment and purchase. Lear's settlements and current terms are in our Lear Capital review.

Ask any dealer, in writing, how many days after your custodian pays it buys and ships the metal.

One edge case matters if you now shop at Lear. Its free IRA fees apply only to "Limited Mintage coins," its highest-spread category.

7 Warning Signs From the Rosland Collapse to Check With Any Gold IRA Company#

Seven warning signs were visible in Rosland's record before it failed, and you can check each of them with any gold IRA company today. The records behind each sign are the ones you use to check a gold IRA company by its legal name. The seven signs are listed below, with the Rosland evidence.

1. Metal not in your vault account within about 28 days of payment. Washington found Rosland IRA deliveries took 33 to 168 days (2022).
2. A buyback that pays weeks later. Rosland's 2024 agreement allowed 60 calendar days to pay.
3. Coins with no stated spread. Rosland's Exclusive Specialty coins had no spread reference. Ask for the percent over the dealer's cost on every coin.
4. An unreadable contract, or one the salesperson never mentions. In Dennison (2020), the court found Rosland's agreement "impossible to read without a magnifying glass."
5. Salespeople paid on the markup. Rosland paid 15% to 35% of gross profit as soon as your money arrived. Ask how your salesperson is paid.
6. A rising complaint count while old reviews still say "A+." Rosland had 158 BBB complaints and a Not Rated grade by September 29, 2026.
7. A dealer named on your IRA with power to move your money and metal. Equity Trust's disclosure lets a named dealer receive payment before the metal is bought. Remove any dealer you no longer use.

These seven checks are a short version of how to choose a gold IRA company; the full list of questions is on how to choose a gold IRA company.

Why SafeOunce Does Not Rate Rosland Capital#

SafeOunce does not rate Rosland Capital because it failed: companies that are closed or in bankruptcy are removed before any scoring under Gate 1 of the SafeOunce methodology (version 1.0).

A gate is a pass-or-fail check that comes before the scored criteria, and SafeOunce rates gold IRA companies only when they pass it. The gates are explained in how SafeOunce rates gold IRA companies.

This page is refreshed within one business day of any new docket entry that changes Rosland's status.

SafeOunce takes no money from any company named on this page. No company can pay to change its rating or its place, and the funding is set out on who pays SafeOunce.

What Happens to Your Gold IRA if the Company or the Vault Goes Bankrupt?#

When a gold IRA dealer fails, metal already delivered to your IRA's vault account stays with your IRA, while paid-but-unfilled orders become claims in the bankruptcy. So what happens to your account depends on where the metal is. Every failure and what happens to your account is set out on our failed-companies page.

A vault failure is different: at First State Depository, an estimated $56.8 million to $110.4 million of metal went missing, according to the receiver's accountants (January 9, 2023). What happens to IRA gold if a depository fails is covered separately.

Other gold IRA companies that failed#

Customers of Rosland, Red Rock Secured and Regal Assets alone had more than $131 million at stake. Five other failed or sanctioned sellers are listed below, each with its status and date.

• Oxford Gold Group: involuntary Chapter 7 filed August 28, 2024.
• Regal Assets: over $21 million misappropriated from over 120 customers, per default judgments of October 15, 2024.
• Metals.com (TMTE): sued by the CFTC and 30 states; the case is pending, with a civil trial set for March 1, 2027, and all claims are allegations. An $8 million interim distribution was mailed to claimants about May 2025.
• Red Rock Secured, now American Coin Co.: CFTC consent order of April 23, 2024.
• Safeguard Metals: $66,948,960 received from more than 450 customers, per court findings.

Rosland coins, website and court records#

Three practical questions remain for people holding Rosland coins or paperwork: what the coins are worth, whether they fit an IRA, and where the records are.

Are Rosland gold coins worth anything?#

Yes: Rosland's bullion coins, such as the Gold Eagle and Maple Leaf, are worth their metal value at a dealer's bid. Its Exclusive Specialty coins may sell for far less than their price; the coin-by-coin table above sorts each type. Get two written bids before you sell.

Rosland's Lady Liberty proofs raise a second question, since proof coins in an IRA carry high markups. What custodians accept for proof coins in an IRA is on our proof coin page.

Can Krugerrands from Rosland go in an IRA?#

No: Rosland sold South African Krugerrands, but at .9167 gold they are not IRA-eligible under 26 U.S.C. 408(m)(3). The statute, 26 U.S.C. 408(m)(3), requires .995 fineness for gold bullion unless the coin is named in it, like the American Gold Eagle. Every coin is checked in our IRA-eligible precious metals database.

Is the Rosland Capital website still working?#

No: roslandcapital.com shows only "This website is no longer active" and points to the creditor page cases.creditorinfo.com/roslandcapital, as of September 29, 2026. Do not use old phone numbers from review sites: reviewers reported them disconnected in July 2026. Use the creditor portal for case updates.

Where can I read the Rosland Capital court filings?#

The free RECAP archive on CourtListener holds Rosland's first-day declaration (Doc 5) and cash declaration (Doc 60), and the full docket is on PACER under case 2:26-bk-16650-BB. RECAP is a free public copy of records bought from PACER, the courts' paid system. Read the docket, Doc 5 and Doc 60 there.