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Report: #852697

Complaint Review: Commodity Compounder - Internet Internet

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  • Reported By: Russ F. — Marlton New Jersey United States of America
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  • Commodity Compounder Internet United States of America

Commodity Compounder Ol Traders COMMODITY COMPOUNDER PROMISED TO PAY ME INTEREST BUT PAID ME NOTHING Internet, Internet

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Almost 2 weeks after Commodity Compounder started I could find no complaints about them online so I invested too much money on a promise by Commodity Compounder of daily interest paid on my investment. At that time they had a program with an adjustable rate of interest. The rate adjuster didn't work and my email to admin to fix the problem went unanswered and the problem was never fixed. The website stated that withdrawal requests are usually processed within 3 business days. My first withdrawal request was not honored for 10 business days and an additional withdrawal request, separate from the first, was not honored after 5 business days despite multiple emails requesting that I be paid, all of which went unanswered, even though I brought to their attention that I had a growing list of folks who wanted to invest in Commodity Compounder but were waiting to see if I got paid. So I contacted Paypal to try to recover my investment and the same day Commodity Compounder terminated my account even though I never requested that my account be terminated and I didn't receive a refund from either Commodity Compounder or Paypal. A email to Commodity Compounder asking to be paid was answered by a short arrogant email telling me that I should learn to read as the Commodity Compounder terms state that I forfeit all earnings if I cancel my account which I never requested be done and accusing me of fraud because I wanted to be paid. Not in the terms is that Commodity Compounder will not honor withdrawal requests which they never done.

The end result is that Commodity Compounder ripped me off by never paying me a penny or refunding my money. If any other victims of Commodity Compounder read this report I suggest if you can that you do as I done and download pages of your account such as your ACCOUNT OVERVIEW and YOUR DEPOSITS like I did for your records while you still have the ability to do so and then take action as I have done but will not reveal here.

This report was posted on Ripoff Report on 03/12/2012 02:48 PM and is a permanent record located here: https://www.ripoffreport.com/reports/commodity-compounder/internet/commodity-compounder-ol-traders-commodity-compounder-promised-to-pay-me-interest-but-paid-852697. 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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