- Report: #632189
Report - Rebuttal - Arbitrate
Complaint Review: Rosland Capital
Rosland Capital429 Santa Monica Bl #450, Santa Monica, CA 90401 Internet United States of America
Rosland Capital charged excessively high "comission" rates in their exchange for my gold. My calculations came out to a 24% fee for the exchange or "trade" transaction. They took my gold bars at my request, and gav Internet
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Rosland capital's rep, Chase Greenich is a slick operator, using "good cop, bad cop," techniques in regard to his "administrators, who wanted to give me less value, and he had to fight for me,and was on my side." I've bought gold for years now, but never had to pay such high "sales expenses."
I felt they were a fair company because they advertised on Fox News network, also was a fan of G. Gordon Liddy, and his character in taking the "rap" for a previous government boondoggle. They're not! All I'm asking for is fair value...a 7 to 10% fee would be acceptible, but not 24%! I couldn't get a straight answer from Chase, but did they charge me 12% for the sale of my gold, and 12% for selling me their gold? The amount was substantial to me. If the value of my gold was $500,000...24% would amount to $120,000 I'd have been charged. Is this a normal trade fee?
This report was posted on Ripoff Report on 08/17/2010 09:05 AM and is a permanent record located here: http://www.ripoffreport.com/r/Rosland-Capital/internet/Rosland-Capital-charged-excessively-high-comission-rates-in-their-exchange-for-my-gold-632189. 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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