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Report: #1521793

Complaint Review: Riverbend Investment Management - Godfrey IL

  • Submitted:
  • Updated:
  • Reported By: gary — Alton United States
  • Author Confirmed What's this?
  • Why?
  • Riverbend Investment Management 1305 D'Adrian Professional Park Godfrey, IL United States
  • Phone: 618-468-1106
  • Web:
  • Category: Fraud

Riverbend Investment Management Swindled, Scammed -- Excessive fees Godfrey IL

*Author of original report: Beware

*Consumer Comment: Almost lost $6,500 to this investment scammer.

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I took my life savings of 120,000 to donovan j ehrman. I worked for minimum wage ALL my life. Donovan did NOT disclose he would NOT be acting as a fiduciary. Donovan did NOT dislcose he would be acting in his own interest to maximize his commission.

After a 40 minute sales pitch, I lost 4500 -- 8 months of take home pay for me. I was placed into an illiquid variable annuity with annnual fees of 4.65%. donovan financially exploited a  trusting, vulnerabe 74 Y O widwon with 2 disabled sons.

PLEASE avoid this con artist, salesman, scammer

This report was posted on Ripoff Report on 10/11/2022 05:48 PM and is a permanent record located here: https://www.ripoffreport.com/report/riverbend-investment/godfrey-il-swindled-scammed-1521793. 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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REBUTTALS & REPLIES:
1Author
1Consumer
0Employee/Owner

#2 Author of original report

Beware

AUTHOR: gary - (United States)

POSTED: Friday, November 04, 2022

Drunk driving conviction.

Excessive fees.

Financial explotation.

Elderly abuse.

Generates commi$$ions for himself.

Does NOT act as a trustworhty fiduciary.

NO integrity.

Can not be trusted.

 

 

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#1 Consumer Comment

Almost lost $6,500 to this investment scammer.

AUTHOR: Jerry - (United States)

POSTED: Wednesday, October 12, 2022

 Hey Alton I also fell victim to this scammer,I would have lost $6,500 to him. I reported to the police but nothing was done,I then made a complaint to the Global anti-scam authorities online who suggested I contacted RMCLTD a fund recovery company.

I contacted them on; rmcltd @ protonmail.Com and also filed a complaint report on; mailxto.com/crw9ys With the information and details of the transactions I made to the scammer they helped get back my funds.

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