- Report: #577728
Report - Rebuttal - Arbitrate
Complaint Review: ENTRUSTCAMA
ENTRUSTCAMA512 Township Line Road Blue Bell, Pennsylvania United States of America
ENTRUSTCAMA BLUE BELL PA The Entrust Grroup LIED. DECEPTION. LOST MY IRA/CD CASHIERS CHECK AND PROMISED TO PAY THE REISSUE FEE BUT NOW WONT. Blue Bell, Pennsylvania
*Author of original report: NOBODY ASKED FOR YOUR TWO CENTS ^^^^
*Consumer Comment: get a life.
*Consumer Comment: ENTRUST CAMA is a Quality Organization
*Author of original report: OH... ATO THE SIDE...
*REBUTTAL Owner of company: EntrustCAMA customer satisfaction is our top priority
*Author of original report: CORRECTION TO ABOVE....
*Author of original report: STILL NO PHONE CALL FROM EC. NO SUPRISE.
*Author of original report: STILL NO RETURN CALL AS OF TODAY / UPDATE
*Author of original report: UPDATE
I closed out my IRA CD account at the end of January 2010 and was given a cashiers check by Chase Bank in North Hollywood CA. I mailed it to EntrustCAMA in Blue Bell PA as per their directions, to invest in a self directed IRA investment with them. Which in turn was going to be invested in a peer to peer lending club. Lendingclub.com, Jeff M. Anyhow, the check and paper work made it to EntrustCAMA per the tracking number. They say that they never got the check but got the paper work. Intresting. When i asked them who opens their mail, i could NOT get an answer. The bank wants a 2% service charge of the face value to get a new check issued. Since the check was from an IRA account, i have only 60 days to reinvest it or be hammered by heavy penalties etc etc etc. Remember it was from a matured IRA CD account. Chase will only wave the fee if i wait 90 days, so you do the math. I was assured on several occasions over the past 30 days from EntrustCAMA staff and officers, even in an email from them, that they would pay the fee. Today they said that they were only going to pay 25 percent of the fee, wanted me to pay 50 percent (LOL) and lendingclub.com to pay the other 25 percent. lendingclub.com had nothing in a sense to do with the check getting lost. So what does that tell you about EntrustCAMA's integrity? Investors should consider using this outfit because they WILL turn their back on you, but only after giving you some run round. They cannot be trusted! Lied to me! Broke their promise! Use caution before being tempted by their claims. I feel mine turned out to be false and misleading. So misleading, i paid the fee myself to the bank today since no one else wanted to take full responsibility for their mistake (i had no choice but to). I have to get this money reinvested soon before i get screwed by the IRS and everyone else that wants to dip into my pocket. ENTRUSTCAMA.... YOU SUCK ! Bunch of liars ! DONT TRUST THE BLUE BELL PA OFFICE.
This report was posted on Ripoff Report on 03/03/2010 11:00 PM and is a permanent record located here: http://www.ripoffreport.com/r/ENTRUSTCAMA/Blue-Bell-Pennsylvania-19422/ENTRUSTCAMA-BLUE-BELL-PA-The-Entrust-Grroup-LIED-DECEPTION-LOST-MY-IRACD-CASHIERS-CHECK-577728. 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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