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Report: #1528886

Complaint Review: John Albert House - Rancho Santa Fe CA

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  • John Albert House 6119 La Granada C 2151 Rancho Santa Fe, CA United States

John Albert House Mastertech Financial Deceptive Investment Scammer Rancho Santa Fe CA

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Mr. House and Mastertech Financial convinced our family to sell our SF home and invest $3m dollars in what he called liquid and safe annuities and REITs (the Griffin Peakstone private REIT and Prudential Annuities). This was in 2019. He informed us that these were high liquid low risk, when in reality they were just the opposite. They are high commission investments, high risk and illiquid. All 5 of the investments he got us into are down and have done poorly, including Griffin trying to secretly stop paying out a promised quarterly $13k dividend which we found out three quarters later. He did not disclose his commissions nor any penalties for selling early. When we finally have the call asking him to sell is when he reveals that only a small portion can be sold at certain quarterly dates and he has not told us how much we can sell. This man is an absolute liar and scammer. DEAL WITH JOHN ALBERT HOUSE AT YOUR OWN RISK

This report was posted on Ripoff Report on 09/23/2023 05:35 PM and is a permanent record located here: https://www.ripoffreport.com/report/john-albert-house/rancho-santa-fe-ca-mastertech-1528886. 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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