# Rosland Capital files for bankruptcy amid investors’ claims of lost savings

- URL: https://talkfuse.com/story/iconic-80s-tv-star-william-devanes-lucrative-deal-with-gold-firm-employing-princess-diaries-child-actor-exposed-after-elderly-clients-claim-they-lost-millions-in-savings/
- Published: 2026-10-23T23:11:17+00:00
- Updated: 2026-10-23T23:22:18+00:00
- Original publisher: Daily Mail (publisher lean: Right)
- Original article: https://www.dailymail.com/news/article-16226879/william-devane-rosland-capital-bankruptcy.html?ns_mchannel=rss&ns_campaign=1490&ito=1490
- Topics: Americas, Business, Celebrity, Companies, Entertainment, TV, World

## Key points

- Rosland Capital has filed for bankruptcy.
- Customers say they lost millions in savings.
- Devane’s wife says he was unaware of the firm’s dealings.

## Summary

Rosland Capital, a precious metals firm that used actor William Devane in its adverts for nearly 15 years, has filed for Chapter 11 bankruptcy after closing its offices and laying off staff. Customers, including older investors, have claimed they lost millions in savings, raising questions about what happened to money paid for gold and other metals.

Court filings put the company’s assets at $1 million to $10 million and its liabilities at $50 million to $100 million, with a reported capital deficit of more than $60 million. The filings say a rise in metal prices brought a surge in orders the firm could not fulfil, and that it now says it has little cash and no bullion or coins in inventory. Devane’s contract paid him $50,000 quarterly and was due to run until June 2028; his wife said he knew nothing of the firm’s business dealings.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.