ED Magedson – Founder
sun cities financial group871 Coronado Center Dr. Suite 200 henderson, Nevada United States of America
A significant amount of my life savings were lost because of the ignorance of the broker that vested it for me.
I had withdrawn my life savings from one bank to invest in the now failed Indy Mac Bank.
The broker, Dave Nuckolls, no longer with Sun Cities, was not familar enough with proper vesting. I lost over $50,000 in this investment, I am retired and was totally dependent on this income.
I tried to sue Sun Cities to no avail. Indy Mac Bank refused to take any responsibility for the improper vesting as well as FDIC.
FDIC now tells me there is never going to be paid to me one cent on the Receivership Certificate of Proof of Claim that I hold.
The responsibly for my losses lies primarily in line of 1. Sun Cities, 2. Indy Mac failed bank and the FDIC. My government has forsaken me.
Sun Cities are crooks. Beware future investors.
This report was posted on Ripoff Report on 09/16/2009 11:59 AM and is a permanent record located here: http://www.ripoffreport.com/r/sun-cities-financial-group/henderson-Nevada-/sun-cities-financial-group-I-was-solicited-by-newspaper-ad-for-attractive-interest-rate-f-495798. 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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