Report: #1225967

Complaint Review: James L Crawford lll

  • Submitted: Thu, April 30, 2015
  • Updated: Thu, April 30, 2015
  • Reported By: Dawnmarie — Queens New York USA
  • James L Crawford lll

    Southbend, Michigan
    USA

James L Crawford lll Sihle James Holding llc Swindler Con Man self proclaim option trader and investment concultant Southbend Michigan

*General Comment: Con options trading

Show customers why they should trust your business over your competitors...

Come trade with google stock with us gain 250%. So I contacted this individual out of curiosity as I was looking for some investments and was always fascinated with stocks and options. I was encouraged to open up an brokerage account with either Scottrade or another breakage account, with the minimum of 10k. This individual claimed to be a class 1 professional investor who have been investing for years and have made his clients lots of money. After opening up the brokerage account I was to grant him access to the account so that he could invest as an option trader. Very quickly it became obvious to me that this person had no idea what he was doing as he was rapidly purchasing options for most of the funds and one after the other there was a great loss, He continue to claim that he knew what he was doing and that he was the best at what he did, in a matter of weeks my account was down to 10k. [continued below]....

..... I demanded that he no longer took up positions until he consulted with me, and even demanded that he stop and let me take my loss of 10k.

He would not hear of it making promises that “next week this time your account would be doubled or tripled. I told him that I had suffered a loss in the family and my car had died and that I needed the funds. He continued to trade my account recklessly. Losing the entire 20k in a matter of a few months. He then stop communicating and faded off the scene. I am 20k down. He appeared very believable as most con men are. He sent me a copy of his passport, and I am assuming that this is him and not a false passport. I have every communication by email that I have had with him and records of all the trades and transactions. He has since cease communication. If I did not have strong faith in God I probably would have committed suicide. I really needed that money to help my family members and to bury my mother. Contact me if you need any additional info. I am posting this so that no one else loses their hard earn money. It took my 15 years to save this 20K and he squandered it in a matter of a few months. I have a copy of his passport and other info on him.

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This report was posted on Ripoff Report on 04/30/2015 10:13 AM and is a permanent record located here: http://www.ripoffreport.com/reports/james-l-crawford-lll/southbend-michigan/james-l-crawford-lll-sihle-james-holding-llc-swindler-con-man-self-proclaim-option-trader-1225967. 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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#1 General Comment

Con options trading

AUTHOR: BrianThompson - (USA)

I am also a client of this person and am trying to contact you so that I can get a copy of the passport and any other information that you have. please contact me at (((Redacted))).

 

that is without spaces or capitalizations (((Redacted)))

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