Complaint Review: Lloyds Asset Management
Lloyds Asset Management Lloyds Metals SCAM BOILER ROOM RIP OFF ARTISTS COMPLETE SCAM West Palm Beach, Florida
*Consumer Suggestion: contact CFTC
*Author of original report: They still take 40% of your money as fees and commissions
*UPDATE Employee: Correction/education
*Author of original report: TOTAL SCAM
*UPDATE Employee: get it straight
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These guys are all a bunch of low rent crooks. They harass you into sending them money, promising that silver is going to take off. Well, try asking them about their commissions. Why would anyone spend 40% of their money on commissions?
If the market is so hot why don't they just charge 2% or 3% like a hedge fund and then take 20% of the profits? Why not? Because they want your money now! And they want it now because they could care less if metals go up or down as long as they get your money now. Don't be a sucker for these losers. Just another scumbag Florida boiler room!
This report was posted on Ripoff Report on 04/30/2010 12:06 PM and is a permanent record located here: https://www.ripoffreport.com/reports/lloyds-asset-management/west-palm-beach-florida-33401/lloyds-asset-management-lloyds-metals-scam-boiler-room-rip-off-artists-complete-scam-west-598650. 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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