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Report: #1288883

Complaint Review: Pinnacle Gold Group - California

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  • Reported By: Johnnie — Little Rock Arkansas USA
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  • Pinnacle Gold Group 15303 Ventura Blvd, Ste1050 California USA

Pinnacle Gold Group: Darryl Cox, John Honig, James Harris Trusting, Gullible, Betrayed Sherman Oaks California

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I had purchased previously from Superior Gold Group (also dishonest, but I had possession of the gold and silver).  It may not have been as much as I paid for it, but I had it.  It was Collector coins.  I wanted "tradeable" coins or bullion.  I called Superior only to find out they were no longer in business, but were being pursued by the City Attorney in Santa Monica, CA.  

Since I did not want Collector coins, quite awhile later I contacted Pinnacle Gold Group to ask about an even exchange for smaller denominations of tradeable coins.  Wonderful song and dance.  Darryl Cox said they could do that and his partner Jon Honig conirmed that Darryl had a good collection of coins to exchange mine for.  Jon said, "I think you'll be pleased with what Darryl has to exchange with you."  Yes, I am the fool.  Instead of sending a few coins at a time, I sent them all--approximately $90,000 (what I spent) of gold and silver.  I had sent them a list of the coins I planned to exchange, so they knew just what they were taking me for and I imagine the day my shipment arrived is the day they closed up shop and went somewhere else. I'm not sure when I tried to call them back, but when I did, there was no longer a business at that address or phone number.  

What they sent me in return was 2 bags of "junk silver" as I learned much later it was called.  They sent along with that, 18 gold coins that I'm not sure are real (possibly counterfeit?).  I cannot find an identifying mark for a mint on any of them. The dates for these transactions are in 2011.  I had no particular idea of how to go about pursuing charges in California.  I just now found your web site as I was checking the i-net to see if anyone else had been scammed by Pinnacle.  

While they were scamming me with gold & silver, somehow they introduced diamonds into the mix.  Supposedly, I have a   0.52 karat Industrial Diamond worth $4,385.  When it arrived, it was in a box with a magnifying glass in the lid (the ones stores used to sometimes give out  as gifts).  I can only imagine that it is worth about $20 at best--but then, I don't know diamonds either. It does have a "GIA Certificate" #213-138-5019.  The person portraying himself as a "Diamond Expert", just back from England, (he even had a British accent) was James Harris.  I have an e-mail address for him, also, but your info says not to include any email addresses in this report. 

I have other information connected with Pinnacle.  It's where the coins were shipped from and I don't know if it has any real connection with Pinnacle but here it is:    From:  (917)969-2744;  RE: Pinnacle Gold  AIB Insurance Department;  580 5th Avenue, Suite 1818; New York, NY 10036.  This may just be Fed-Ex numbers...?   

They had me send my silver and gold to their office, but if I sent any money, it was  to be wired to Wells Fargo Bank, N.A. in San Francisco, CA.  Swift code: WFBIUS6S   Account # 1433323985   Routing # 121000248   Account name: Pinnacle Gold Group, LLC   Account Address: 15303 Ventura #1050  Sherman Oaks, CA 91403. 

Hoping there is no Statute of Limitations on this.  I was so devastated with this and not knowing what to do at the time,         I just gave up hope in anyone knowing or caring.  Thank you for your web-site and whatever you've done to help other people that are as gullible as I have been. 

This report was posted on Ripoff Report on 02/20/2016 01:39 PM and is a permanent record located here: https://www.ripoffreport.com/reports/pinnacle-gold-group/california-91403/pinnacle-gold-group-darryl-cox-john-honig-james-harris-1288883. 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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