Report: #416016

Complaint Review: ADVANTA BANK CORP - Salt Lake City Utah

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Ripoff Report is Xcentric Ventures

Submitted: Sun, January 25, 2009
Updated: Sun, January 25, 2009
Reported By: — SPRINGHOUSE Pennsylvania

Author Confirmed

Why?

ADVANTA BANK CORP PO Box 30715 Salt Lake City, Utah U.S.A.

Phone:
Web:
Category: Government Stupidity

ADVANTA BANK CORP Advanta CEO Dennis Alter introduced MADOFF PONZI SCHEME for new elite investors (AKA suckers) Salt Lake City Utah

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Advanta CEO Dennis Alter is introducing "Madoff PONZI Scheme" for elite investors (suckers) this week while his Advanta stock (ADVNA) has tanked to barely fifty seven cents just the other day. Many experts strongly believe Advanta is unlikely to survive in this type of market environment.

Can you imagine putting $5,000 in this bank and hoping you will get 10.25% return in 10 years?

Folks, put a fork in Advanta CEO Dennis Alter cause it is done!

Of course, government regulators are 'no where to be found' again.

http://saltlakecity.craigslist.org/vnn/1007218752.html

ADVANTA MADOFF PONZI SCHEME
SPRINGHOUSE, Pennsylvania
U.S.A.

This report was posted on Ripoff Report on 01/25/2009 01:34 PM and is a permanent record located here: https://www.ripoffreport.com/reports/advanta-bank-corp/salt-lake-city-utah-84130/advanta-bank-corp-advanta-ceo-dennis-alter-introduced-madoff-ponzi-scheme-for-new-elite-in-416016. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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