• Report: #418755

Complaint Review: Monex Deposit Co.

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  • Submitted: Sunday, February 01, 2009
  • Posted: Sunday, February 01, 2009
  • Reported By:seattle Washington
Monex Deposit Co.
4910 Birch Street Newport Beach California 92660 U.S.A.

Monex Deposit Co. gold and silver Newport Beach California


1Author 0Consumer 0Employee/Owner

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i gave $33,000 to monex in purchase o silver bullion in partial payment of $96,000 worth of silver bullion under their atlas program. they told me i could pay for the balance at any time. in 2008 the price of silver dropped to around $9 per ounce. they said they sold my silver and said i had only $1200 left in my account. they never allowed me to pay off the balance. please do not do business with this company. i am out $30,000. i'm 62 years old on a fixed income. the agent i dealt with said he was unclear as to why monex did this and suggested that i deposit $100,000 to buy more silver bullion but, this time take delivery of the bullion. i declined. in the atlas agreemet, it states on page 9 " i waive all rights..." . signed "red with anger"

Red with anger
seattle, Washington
U.S.A.

This report was posted on Ripoff Report on 2/1/2009 3:01:38 AM and is a permanent record located here: http://www.ripoffreport.com/brokerage-companies/monex-deposit-co/monex-deposit-co-gold-and-sil-a4bdp.htm.

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