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  • Report: #696951

Complaint Review: Greentree Capital

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  • Submitted: Friday, February 18, 2011
  • Posted: Friday, February 18, 2011
  • Reported By: Steve67 — Lake Havasu Arizona United States of America
Greentree Capital
1670 Wilshire Blvd. Beverly Hills, CA California 90210 United States of America

Greentree Capital Bruce Wienstein, Jack Davenport Greentree is a FOREX investment scam, they wont return calls or emails, and will not issue any withdrawal amounts on our investment. Beverly Hills,, California


1Author 0Consumer 0Employee/Owner

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My dad of 82 years of age had 'joined' Greentree Capital in early 2010.  At the time Greentree had a very aggressive sales staff and was contacting my dad on a regular basis via telephone.  With a little research (now we know it wasnt nearly enough) dad decided to give it a whirl.  He opened up an account and saw the quick gains, and at that point decided to open more with family money and savings.   He opened up an account for each one of his 3 children, as well as an account for his church of over 50 years. About mid 2010 he did a test withdrawal of a minimal amount and received a check in a timely fashion.  Bruce Wienstein (CEO of Greentree....??) kept in contact with dad on a regular basis via email mostly.  Dad also had contact with Jack Davenport & Illana... who Bruce said would answer any questions when others got 'overloaded'.Things with Greentree and Bruce Wienstein seemed to get fishy sometime around Jan. 2011. Greentree was not returning calls and/or emails AND dad wanted to set up an account for a friend and was ready to wire transfer money and Greentree seemed to have dropped off the face of the earth.... even when someone wanted to give them $$.  At this time Dad knew something was very very wrong.Dad drove 70 miles to a supposed location of Greentree in the Wilshire district of Beverly Hills, Calif only to be told by an unidentified woman at the front counter that Bruce is not in and Jack and Illana are out for the rest of the afternoon.  There was no one else in the very small office suite that dad could tell, even looked like they were getting ready to relocated as packing boxes were evident. All requests for any withdrawals much less anything else go unanswered currently.

PLEASE all who have fell for this nasty scam... file complaints immediately, while you still have a bit of time on your side.  We will be filing with BBB as well as other entities, and attempting to contact the bank where this money was wire transferred, and seeking any legal advice. The names of Bruce Wienstein and Jack Davenport probably are just aliases and aka's, so tracking them down will be difficult.  These people not only should issue refunds but criminal charges should be filed against them, this is stealing, and they should have to answer to a court of law.  Their documents and statement gains are fraudulent phonies. 

This report was posted on Ripoff Report on 2/18/2011 5:49:35 AM and is a permanent record located here: http://www.ripoffreport.com/investment-brokers/greentree-capital/greentree-capital-bruce-wiens-aeda8.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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