• Report: #416016
Complaint Review:


  • Submitted: Sun, January 25, 2009
  • Updated: Sun, January 25, 2009

  • Reported By:SPRINGHOUSE Pennsylvania
PO Box 30715 Salt Lake City, Utah U.S.A.

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.


SPRINGHOUSE, Pennsylvania

This report was posted on Ripoff Report on 01/25/2009 01:34 PM and is a permanent record located here: http://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.

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