- Report: #1036122
Report - Rebuttal - Arbitrate
Complaint Review: Schaeffer's Invesments
Schaeffer's Invesments5151 Pfeiffer Road #250, Cincinnati, OH 45242 Internet United States of America
Schaeffer's Invesments Investor's Ripoff Scam , Internet
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They charge $595 (NONREFUNDABLE) for this advice where they send an email once a week telling you what option to buy. These are weekly options and close in 7 days or less. Since July of 2012, had I invested $2000 per week as they advised, I oddly have lost well over $40,000. In all the trade recommendations since I started, they have only had two that were gains. Luckily I realized early on how incredibly bad their recommendations were.
After two weeks I realized they had no clue what they were doing. When I tried to cancel they refused and sent my credit card company page 22 of a 27 page agreement, that I never say, stating there were no refunds. Refund polices are supposed to be clearly noted on the order page.
They are a complete scam. Of course they do not want to disclose thier refund policy, with such poor advice everyone would want a refund. What a ripoff!
This report was posted on Ripoff Report on 03/19/2013 12:46 PM and is a permanent record located here: http://www.ripoffreport.com/r/Schaeffers-Invesments/internet/Schaeffers-Invesments-Investors-Ripoff-Scam-Internet-1036122. 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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