- Report: #658889
Report - Rebuttal - Arbitrate
Complaint Review: Lloyd's Asset Management, LLC
Lloyd's Asset Management, LLC515 N. Flagler Drive #305 West Palm Beach, Florida United States of America
Lloyd's Asset Management, LLC Metals Commodity Scammers West Palm Beach, Florida
*Consumer Suggestion: Florida & Commodities Don't Mix
*Author of original report: Settled!
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He wanted the larger sum, but after some explanation we agreed on 5000 USD. He never told me that his commission fee is a full 1500 USD right off the top, so my small investment dwindles to a mere 3500 USD. He calls me every day with reports on the trades while all the time assuring me how well my investment has grown. Then, the calls cease. Mr Menzel and then Mr. Robert Stropp (another brliker?) use every opportunity to encourage further investment. I remain very skeptical. On the day that I had decided to sell my holdings, I try to call to the home office and beg to speak with my or ANY broker. I kept calling back three times a day for 3 days without any return calls. Lloyds Asset Management and Mr. Robert Stropp FINALLY called me back when I filed a BBB complaint (2 days after filing). After some pressure, I am supposed to be remitted my funds and the account closed ----thankfully so!
This report was posted on Ripoff Report on 11/05/2010 03:05 PM and is a permanent record located here: http://www.ripoffreport.com/r/Lloyds-Asset-Management-LLC/West-Palm-Beach-Florida-33401/Lloyds-Asset-Management-LLC-Metals-Commodity-Scammers-West-Palm-Beach-Florida-658889. 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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