- Report: #444607
Report - Rebuttal - Arbitrate
Complaint Review: Richard E. Kaloust, Kaloust Financial LLC, One America
Richard E. Kaloust, Kaloust Financial LLC, One America3825 Henderson Blvd. Suite 208 Tampa, Florida U.S.A.
Richard E. Kaloust, Rick Kaloust, America United Life, One America Kaloust Financial LLC, One America Richard Kaloust from Kaloust Financial LLC Did the lowest of low! Took my son's 529 plan Cashed it in! Tampa Florida
*Consumer Comment: Trying to hide the fact
*Consumer Comment: I Worked For Rick Kaloust Briefly And.....
*Author of original report: update
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MR. KALOUST OPENED A 529 PLAN FOR MY SON WITH HIS COMPANY. IT JUST SO HAPPENS I WAS MARRIED TO THIS FINANCIAL ADIVISOR (IF THAT'S WHAT YOU WANT TO CALL HIM) FOR ONLY A YEAR AND A HALF. I TRUSTED HIM NOT ONLY AS A HUSBAND BUT AS A FINANCIAL ADVISOR AS WELL. FAMILY, FRIENDS AND EXTENDED FAMIILY, HAD GIVEN MY SON A GIFT OF MONEY,PER MY REQUEST FOR EVERY HOLIDAY AND BIRTHDAY FOR THE PAST 3 YEARS. THE MONEY WAS ALL PUT INTO HIS 529 PLAN TO SAVE FOR COLLEGE. MY 15 YEAR OLD SON IS A HIGH HONNOR STUDENT WITH A DREAM TO GO TO AN IVY LEAGUE COLLEGE. HIS GRANDFATHER AND UNCLE ARE BOTH GRADUATES OF COLUMBIA UNIVERSITY.
DURING MY DIVORCE I HAD LEARNED THAT RICHARD KALOUST CASHED THE 529 PLAN IN! BECAUSE HE OWNS THE COMPANY, THERE IS LITTLE WE CAN DO. I DON'T KNOW HOW THIS CAN BE POSSIBLE, BUT IT IS TRUE.
I THINK THIS ENOUGH TO PROVE THE KIND OF BUSINESS HE RUNS. IF HE COULD DO THIS TO HIS STEP-SON IMAGINE WHAT HE COULD DO TO THE AVERAGE "JOE"
PLEASE BEWARE OF DOING ANY KIND OF BUSINESS WITH THIS COMPANY. I HAVE BEEN TOLD BY RICHARD PERSONALLY THAT HIS SALES REPS DEAL IN VERY "GREY" AREA. THEIR MAIN TARGET IS CAR DEALERSHIPS!! IF YOU RECEIVE A CALL FROM THIS COMPANY LOOKING TO SELL YOU LIFE INSURANCE OR ANY OTHER FINANCIAL PLAN BEWARE!
RICHARD USED TO WORK FOR MET LIFE AND HAS MANY COMPLAINTS AGAINST HIM.
This report was posted on Ripoff Report on 04/17/2009 09:03 PM and is a permanent record located here: http://www.ripoffreport.com/r/Richard-E-Kaloust-Kaloust-Financial-LLC-One-America/Tampa-Florida-33629/Richard-E-Kaloust-Rick-Kaloust-America-United-Life-One-America-Kaloust-Financial-LLC-444607. 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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