• Report: #1101137
Complaint Review:

Discount Gold Brokers, Inc.

  • Submitted: Thu, November 21, 2013
  • Updated: Thu, November 21, 2013

  • Reported By: Randy — Birmingham Michigan
Discount Gold Brokers, Inc.
14724 Ventura Blvd, Ste 700 Sherman Oaks, California USA

Discount Gold Brokers, Inc. Mike Berman SEVEN MONTHS AND NO GOLD, NO REFUND, JUST EXCUSES Sherman Oaks California

*Consumer Comment: Attention Discount Gold Broker Customers

*Author of original report: We Won't Give Up!

*Consumer Comment: This company needs to be stopped

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We are also victims of Mike Bermans, Discount Gold Brokers, Inc. We ordered gold coins to be delivered within two months. It has been 7 months and counting and nothing, no coins, no refund. Every week we have been calling and Mike Berman gives the same response "empty words". It seems he is especially targeting Seniors. After reading all the reports and I'm sure there will be many more to follow, I recommend that you contact the FBI, District Attorney Office, National and Local Media to get this televised so no other victims will fall prey to this obviously dishonest person. Call your newspaper, local law enforcement and file a report with the USPS Mail fraud department if you mailed a check across state lines. If you used a credit card, call your credit card provider to report the incident, you may be entitled to a chargeback to receive all or part of your money. Do ALL of these things and then we can stop this person from ripping more people off! 

This report was posted on Ripoff Report on 11/21/2013 03:54 AM and is a permanent record located here: http://www.ripoffreport.com/reports/discount-gold-brokers-inc/sherman-oaks-california/discount-gold-brokers-inc-mike-berman-seven-months-and-no-gold-no-refund-just-excuses-1101137. 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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#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: 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 at dbo.ca.gov/Consumers/consumer_services.asp.


Complaints may also be filed online and the process to do so begins at this page: 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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#2 Author of original report

We Won't Give Up!

AUTHOR: Randy - ()

I'm sure Mike Berman and his so called staff are reading this so Mike we are not giving up! Have made several contacts and sent letters including The Attorney General Office. It has now been over 9 months and NOTHING from Discount Gold Brokers. In fact they had the audacity of having one of his salespeople contact us to see if we wanted to buy from them....................UNBELIEVABLE! WE HAVE NO INTENTION ON GIVING UP ON THIS MATTER UNTIL WE EITHER GET OUR GOLD OR GET A FULL REFUND OR THESE PEOPLE GO TO JAIL FOR THEIR CRIMES.

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#3 Consumer Comment

This company needs to be stopped

AUTHOR: Auto dealer fraud Investigator - ()

The public need to come together that have been ripped off print off a copy of these ripoff reports and send them to the attorney general in California this company needs to be stopped. I am encouraging everybody to print off copies of these reports and Send them to the Atty. Gen. in California we have to put a stop to this guy he is not going to stop ripping people off.

It seems that if you order something from him that's a small dollar amount he will deliver it, and once he feels you have a lot of trust in them and you want to part with larger amounts of your money then you get nothing. We have to ask ourselves how long is this company going to get away with this ?

I have read one report or a couple are out $70,000 from the circus clown. Print off as many of these reports as you could find and mail them in one envelope to the Atty. Gen. in California they need to do something about this.

In this day and age it's really hard to come up with money to buy anything at this company continues to take advantage of people take their money and give them nothing. We as consumers need to come together and put a stop to the circus clown.

I find it hard to understand how he can take somebody's money and give them nothing except empty promises. Buy some pink put it in your printer and print off these reports all of them the full length of the report and send it to your attorney general. 

We pay taxes so our attorney general can do their job and get paid to do it it's time we put them to work

Please use the following information to your advantage. It seems this company is just taking advantage of everybody taking their money and not delivering anything, I've noticed after reading many of the reports that they'll do business with you and deliver something to you if it's a small amount of purchase. 

  • The Attorney General's Office
  • California Department of Justice
  • Attn: False Claims Unit
  • P.O. Box 944255
  • Sacramento, CA 94244-2550
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