Complaint Review: Monex Deposit Co. - Newport Beach California
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- Monex Deposit Co. 4910 Birch Street Newport Beach, California U.S.A.
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- Category: Brokerage Companies
Monex Deposit Co. gold and silver Newport Beach California
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i gave $33,000 to monex in purchase o silver bullion in partial payment of $96,000 worth of silver bullion under their atlas program. they told me i could pay for the balance at any time. in 2008 the price of silver dropped to around $9 per ounce. they said they sold my silver and said i had only $1200 left in my account. they never allowed me to pay off the balance. please do not do business with this company. i am out $30,000. i'm 62 years old on a fixed income. the agent i dealt with said he was unclear as to why monex did this and suggested that i deposit $100,000 to buy more silver bullion but, this time take delivery of the bullion. i declined. in the atlas agreemet, it states on page 9 " i waive all rights..." . signed "red with anger"
Red with anger
seattle, Washington
U.S.A.
This report was posted on Ripoff Report on 02/01/2009 03:01 AM and is a permanent record located here: https://www.ripoffreport.com/reports/monex-deposit-co/newport-beach-california-92660/monex-deposit-co-gold-and-silver-newport-beach-california-418755. 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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