ED Magedson – Founder
Ascon Timpet and Ascon TradingVolckerstrasse 46, Hamburg, Select State/Province Germany
Ascon Timpet and Ascon Trading Phillip SackAndreas Sack Manganese Fraud and Missing Customer Funds Hamburg Germany
Ascon trade received a customer deposit for a commodity trade three years ago. They were unable to deliver and were forced to return the deposit. However they misappropriated USD 40,000 of the funds to pay their tax liabiliteis. To this date they have never returned the funds to the customer despite repeated requests. Do not trust them. They are fundamentally untrustworthy.
This report was posted on Ripoff Report on 10/01/2013 08:27 AM and is a permanent record located here: http://www.ripoffreport.com/reports/ascon-timpet-and-ascon-trading/hamburg-select-stateprovince-22765/ascon-timpet-and-ascon-trading-phillip-sackandreas-sack-manganese-fraud-and-missing-custo-1088572. 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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