• Report: #1562

Complaint Review: E*TRADE

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  • Submitted: Tuesday, March 14, 2000
  • Posted: Tuesday, March 14, 2000
  • Reported By:Kenosha WI
E*TRADE
etrade.com Boston Massachusetts U.S.A.

E*TRADE


1Author 0Consumer 0Employee/Owner

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I sent a check from my 401K to be rolled into an IRA to etrade. They deposit the amount into my regular account (less $54). THEY SHORTED MY DEPOSIT BY $54.(TRANSPOSITION ERROR). My check was for $3293.45 and they only deposited $3239.45. TWO weeks later, this still isnt corrected and the money is still in a regular account(you only have 60 days to deposit it in an IRA or else their is tax consequences. THey anvertise free tax software if you open an IRA account . I sent the paper work in 3 times (since 2/1/00). They finally opened it and told me I would receive the software. TODAY they told me I will not recieve the software because I didnt sign up on line (used one of their applications instead). I recommend people avoid E*TRADE at all costs and go with one of the other online brokages. They give false advertisment and DONT DEPOSIT ALL THE MONEY YOU SEND IN INTO YOUR ACCOUNT. HELPPPPPPPPPPPP!

This report was posted on Ripoff Report on 3/14/2000 12:00:00 AM and is a permanent record located here: http://www.ripoffreport.com/brokerage-companies/e-trade/e-trade-med7d.htm. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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