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Report: #1524744

Complaint Review: Synchrony Bank -

  • Submitted:
  • Updated:
  • Reported By: Anthony — Baltimore MD United States
  • Author Confirmed What's this?
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  • Synchrony Bank United States

Synchrony Bank Synchrony Scammed and lied to

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BEWARE OF SYNCHRONY BANK   On January 20, I invested $100,000 at 4.6% interest with Synchrony. This transaction was verified with my bank. The agent told me the transaction was complete.  Weeks later I received a letter dated Feb. 3 that indicated I had to complete the process. On Feb. 14, I spoke with Renita. She told me that Synchrony was in error since the transaction had been verified. She asked if I still wanted the investment. I told her yes, if it would be backdated to 1/20. I told her I would also increase the amount to $200,000. She said she would call me personally within three days to confirm. She did not. Instead, I received an email stating that the money had been withdrawn from my bank and invested in Synchrony. On 2/21 I spent about 70 minutes either speaking with an agent that could or would do nothing, and then on hold for a so-called supervisor. Finally, an agent told me that Renita had to return my call in 3 days. I told her it had been 7 days, She used all kinds of excuses explaining how 7 days does not equal three business days. She said Renita was still waiting for an answer before calling me. Of course, I never heard from her or anyone else from Synchrony again. Then she tells me that the investment was denied.   What kind of a company makes a mistake on an investment, and instead of correcting their errors and apologizing, they just cancel the entire transaction? I have never received an email or letter indicating my $200,000 had been transferred or cancelled from my bank.   Synchrony has not allowed me to speak with a senior official, despite my repeated requests.   Tony Raymond traymond51@hotmail.com 410-247-083

This report was posted on Ripoff Report on 02/26/2023 07:00 AM and is a permanent record located here: https://www.ripoffreport.com/report/synchrony-bank/scammed-lied-1524744. 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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