• Report: #924249
Complaint Review:

Discount Gold Brokers Inc

  • Submitted: Wed, August 08, 2012
  • Updated: Wed, August 08, 2012

  • Reported By: Ripped off — Santa Fe New Mexico United States of America
Discount Gold Brokers Inc
4924 Balboa Blvd Encino, California United States of America

Discount Gold Brokers Inc Mike Berman Pathalogical Liers Encino, California

*Consumer Comment: Attention Discount Gold Broker Customers

REBUTTAL BOX™ | Respond to this Report! | Consumer Comment

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Whatever you do, do not buy from this company. I read several Rippoff reports and some rebuttals and I am here to tell you this company is one of the biggest ripoff artists around.

We repeatedly asked for a refund which they refuse to do even though legally they cannot keep your money. We have told them we are cancelling our order and want a refund to no avail!

We have been waiting four months.....yes 4! They have had my money that long and promised to send it time and time again. Last week the story went.......we have "secured" your gold and will have it too you by the end of the week and we will "throw in some Silver" for your inconvenience. (Haha).

This week the story goes......"when we secure" your gold and we will have it to you by next week and so the con game continues.

Mike Berman is surely a pathalogical liar We are at the end of our patience, have contacted a lawyer, contacted the Dept of Justice, (who it seems is very interested in this company) as is the "Better Business Bureau" who has 42 complaints files against this company. Need I say more.

Take your hard earned money and run!!!!   

We are still waiting and will update this when and if we ever get our gold.

This report was posted on Ripoff Report on 08/08/2012 11:24 AM and is a permanent record located here: http://www.ripoffreport.com/reports/discount-gold-brokers-inc/encino-california-91316/discount-gold-brokers-inc-mike-berman-pathalogical-liers-encino-california-924249. 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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Updates & Rebuttals

#1 Consumer Comment

Attention Discount Gold Broker Customers

AUTHOR: fraud Investigator - ()

Hi Discount Gold Brokers Customers

I dug further and discovered that we have recently issued an enforcement action against Discount Gold Brokers, Inc., on April 15 of last year. The “Desist & Refrain” order prohibits further sale of commodities to California customers. Please feel free to advertise the order against the company as you see fit. You may reproduce the actual order or provide the link to our website where it is posted: http://www.dbo.ca.gov/ENF/pdf/2013/DiscountGoldBrokers_dr.pdf.

As for current customers with grievances, the best advice I can give is for individuals to file a complaint with the California Department of Business Oversight so that we can further our official investigation into the company. Our complaints page is athttp://www.dbo.ca.gov/Consumers/consumer_services.asp.

Complaints may also be filed online and the process to do so begins at this page:https://dbo.secureprtportal.com/pages/dfi_ecomplaint.aspx.

As stated on the webpages above, this is our philosophy regarding complaints:

The California Department of Business Oversight encourages the public to submit complaints if it is believed that a licensee of the Department is acting in violation of state law or has acted improperly. Complaints are also encouraged regarding any company or person that may be conducting unlicensed activity that is within the Department’s jurisdiction. The Department evaluates and reviews complaints for alleged violations of the laws we administer and take appropriate action as authorized under the law.

You may provide any or all of this information as you see fit.



Mark Leyes

Director of Communications

Department of Business Oversight

1515 K Street, #200

Sacramento, CA 95814-4052

(916) 322-7180



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