Report: #729914

Complaint Review: Joseph Glenn Commodities - Boca Raton Florida

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Ripoff Report is Xcentric Ventures

Submitted: Mon, May 16, 2011
Updated: Mon, May 16, 2011
Reported By: Concerned Citizen — Boca Raton Florida United States of America

Author Not Confirmed

Why?

Joseph Glenn Commodities 7700 Congress ave suite 3202 Boca Raton, Florida United States of America

Phone:
Web: www.jgcommodities.com
Category: Brokerage Companies

Joseph Glenn Commodities JG Commodities Mislead and Took Advantage of two Elderly Clients Boca Raton, Florida

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Joseph Glenn Commodities is yet another boiler room churn shop that operates with zero ethics and zero integrity. Two clients sent them around 230,000 a piece. In under a month the two clients ( ages 72 and 88 ) lost over 260,000 dollars!! Joesph Glenn spun the two clients in and out of trades, without any customer authorization, and pocketed over 200,000 dollars in commissions. They are currently being sued in the Circuit Court of the 15th Judicial Circuit of Palm Beach County Florida. Case Number 502011CA004626XXXXMB. Hopefully they end up in Federal Prison where they belong!!

This report was posted on Ripoff Report on 05/16/2011 01:33 PM and is a permanent record located here: https://www.ripoffreport.com/reports/joseph-glenn-commodities/boca-raton-florida-33487/joseph-glenn-commodities-jg-commodities-mislead-and-took-advantage-of-two-elderly-clients-729914. 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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