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Report: #1517728

Complaint Review: donovan j ehrman - Godfrey IL, SC, CA

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  • Reported By: Gary — Alton United States
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  • donovan j ehrman 1305 D'Adrian Professional park Godfrey, IL, SC, CA United States

donovan j ehrman Uvest Financial Services LPL financial donovan j ehrman swindled a vulnerable 74 year old senior citizen with excessive fees Godfrey IL, SC, CA

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In 2009 my 74 year old widowed mom (with two disabled sons) took her life savings of 120,000 to donovan ehrman. My mom worked for minimum wage all her life; she never made more then 700 in a month working full time.

After a 40 minte sales pitch, my mom lost 4000 (in commision to donvan ehrman) and was placed into a variable annuity with Pacifc Life that had annual expenses of about 4.65%

My mom lost 8 months of take home pay in 40 minutes. My mom cries and says, "What did I know? I trusted him."

 

This report was posted on Ripoff Report on 04/18/2022 11:34 AM and is a permanent record located here: https://www.ripoffreport.com/report/donovan-j-ehrman/godfrey-il-sc-ca-uvest-lpl-y-1517728. 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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