- Report: #970838
Report - Rebuttal - Arbitrate
Complaint Review: Aurum Advisors
Aurum Advisors1801 Century Park East Los Angeles, California United States of America
Aurum Advisors Deceptive Business Practices, Unreasonable pricing, Intentional misrepresentation Los Angeles, California
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Long story short, this deception and what appear to be outright lies and evasion of my phone calls continued until I was finally able to get Marc to release what was left of my available funds, only by letting him know that if my money was not transferred ASAP I would be reporting in very specific detail what appeared to be multiple documented instances of intentional misrepresentation of asset appreciation, possible interstate and mail fraud, and violations of Aurum Advisors 2011 Ethical Guidelines, including intentional misrepresentation of the value of the coins purchased, among other possibly illegal and apparently fraudulent activities in the mishandling of my IRA account. An account in which Gold increases in value from $1400/ounce to almost $1675/ounce and silver increases from just over $29/ounce to almost $40/ounce, should not be have lost what appears to be well over at least $20,000 from it's account origination until the closure of the account, but that is exactly what happened when Aurum Advisors handled my IRA account. I will gladly join a class action suit and assist with the legal system pursuing what appear to be outright thievery and deceptive business practices of Aurum Advisors.
This report was posted on Ripoff Report on 11/17/2012 11:59 PM and is a permanent record located here: http://www.ripoffreport.com/r/Aurum-Advisors/Los-Angeles-California-90067/Aurum-Advisors-Deceptive-Business-Practices-Unreasonable-pricing-Intentional-misreprese-970838. 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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