Report: #989803

Complaint Review: SWISS AMERICAN TRADING COMPANY

Submitted: Wed, January 02, 2013
Updated: Wed, January 02, 2013

Reported By: J STONE — NYC New York United States of America

SWISS AMERICAN TRADING COMPANY

15018 N TATUM BLVD PHOENIX, Arizona United States of America

Phone:
Web: SWISS AMERICAN TRADING CORP
Category: Cash Services

SWISS AMERICAN TRADING COMPANY STEVE MOUST SATC A 100 PERCENT CON PHOENIX, Arizona

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SATC Is one hell of a con played on the public,conning my sister out of her lifetime savings. All over the telephone and harrassing calls to buy gold coins worth 30,000 for a 30,000 dollar commission all by a salesman who used a phony name. To get this con artist to stop calling her she finally broke down and sent them 60,000 dollars in cash the second, she a senior at 74 years of age did this she knew it was a mistake and refussed the delevery but was told by SATC that if she did not take the coins she would loose the coins and her 60,000 dollars, they foorced her to buy the coins they that they picked out for her with harrassing nightime calls with one outright lie after another such as yesterday a man drove her with 300,000 dollars and bougt gold and China is buying all our gold, gold will double end of 2012, we will buy back your gold anytime you like,if you would of boughe the coins two days ago you would have made 20,000 dollars over night.

Of corse none of this was or is true they sold her a silver morgan dollar that cost 100 for 920.00 dollars and Liberty 20 dollar common gold coins that sell for 700 dollars for 5,045.00. all six thats a wopping hell of a commission, it became very personal this phony sales man and my sister where he made 5 personal promisses to her,never keep. That was two years ago. She has tried numerous times to return these coins only to be told the very next day they forced them on her that if they could keep 13,000 dollars and the coins they would refund her the rest.

A class action needs to be put on SATC now one lawyer sewing them wants 40 percent of the take more them SATC asked for the very next day. So its more then buyer beware this salesman should be jailed and when she tried emailing the head CEO Craig Smith a honest CEO would have gotton to the bottom of the complaint but he just baned her from emailing him.

This report was posted on Ripoff Report on 01/02/2013 06:42 AM and is a permanent record located here: http://www.ripoffreport.com/r/SWISS-AMERICAN-TRADING-COMPANY/PHOENIX-Arizona-85032/SWISS-AMERICAN-TRADING-COMPANY-STEVE-MOUST-SATC-A-100-PERCENT-CON-PHOENIX-Arizona-989803. 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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