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Report: #1183329

Complaint Review: Beneficial Bank - philadelphia Pennsylvania

  • Submitted:
  • Updated:
  • Reported By: robert — philadelphia Pennsylvania
  • Author Not Confirmed What's this?
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  • Beneficial Bank philadelphia, Pennsylvania USA

Beneficial Bank intent to commit fraud philadelphia Pennsylvania

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 Please be Advised, that one of Beneficial Banks Employees, Dan Zimmerman requested me to invest in one of his stock accounts. He guaranteed me a return between 3 and 6%. Accordingly, I invested $2,200,000. I told him I wanted a safe investment not speculative. He stated the money would be safe and in front of one of the employees - Brittany Adams Dowd. In what appeared to be approximately six months and without my permission the stock went south and I was informed the stock was down $94,000. I told him to to get me out of this stock which was unauthorized. My total loss was $107,000, Hence, the next day he said the loss was $107,000. Mr Zimmerman has subsequently denied that the stock was guaranteed and safe, As a result I underwent a Polygraph exam administered by the top administrator in the country. Taking in the $107,000 loss in addition to the 3% to 6% promise, the total loss was $150,000. This matter is presently scheduled for trial. I therefore would not recommend and depositor dealing with Beneficial Bank. If anyone has questions or concerns regarding this matter , feel free to contact me @610-xxx-xxxx (((REDACTED))) Most Regrettably Robert Hxxxxxxx

This report was posted on Ripoff Report on 10/16/2014 05:25 PM and is a permanent record located here: https://www.ripoffreport.com/reports/beneficial-bank/philadelphia-pennsylvania-19103/beneficial-bank-intent-to-commit-fraud-philadelphia-pennsylvania-1183329. 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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