• Report: #751345

Complaint Review: Sterling Trust Company

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  • Submitted: Sun, July 10, 2011
  • Updated: Wed, February 20, 2013

  • Reported By: Viking American — Phoenix Arizona United States of America
Sterling Trust Company
7901 Fish Pond Road Waco, Texas United States of America

Sterling Trust Company Sterling Trust Owes Me $40,000.00 Waco, Texas

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 Sterling Trust Company received $40,000.00 from me in October 2007, to purchase gold bullion and paladium from Dwayne Briscoe of Midas Gold. In May 2009 I was informed that Briscoe had been indicted on fraud for stealing close to $1mm from folks around the country - he has since been tried and sentenced to 5 years in prison.

 Sterling Trust now claims they never received the precious metals from Midas Gold and therefore owe me nothing. Yet, for two years Sterling Trust sent me quarterly statements and charged me an annual gold storage fee of $100.00 

 Sterling Trust Company's President, Jeff Kelley, has refused to reurn phone calls or correspondence in this matter.

 This company is a sham. The authorities need to shut them down. They are numerous complaints all over the internet about Sterling Trust Company.


This report was posted on Ripoff Report on 07/10/2011 11:25 AM and is a permanent record located here: http://www.ripoffreport.com/r/Sterling-Trust-Company/Waco-Texas-76710/Sterling-Trust-Company-Sterling-Trust-Owes-Me-4000000-Waco-Texas-751345. 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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