Complaint Review: sterling/equity trust company - Nationwide
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- Author Not Confirmed
- sterling/equity trust company Nationwide USA
- Phone:
- Web: equityinstitutional.com
- Category: Investment Brokers
sterling/equity trust company equity institutional sterling/equity trust enabled Jonathan Brooks to steal 6 million $ from investors in his Real Estate scam in Aiken S.C. westlake ohio
*General Comment: Info & help
Show customers why they should trust your business over your competitors...
In December of 2013 Jonathan Brooks stole 6 millon$ from 37 investors in a Real Estate scheme in Aiken S.C.. Equity Trust enabled him to take our money and put it where ever he wished..The Attorney Generals office in S.C found him out & put all his holdings in recievership. Some of those involved lost over 500K....BEWARE, you may end up broke.
This report was posted on Ripoff Report on 01/15/2015 04:20 PM and is a permanent record located here: https://www.ripoffreport.com/reports/sterlingequity-trust-company/nationwide/sterlingequity-trust-company-equity-institutional-sterlingequity-trust-enabled-jonathan-1201974. 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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#1 General Comment
Info & help
AUTHOR: Mike - ()
SUBMITTED: Friday, February 20, 2015
Equity Trust manages self directed IRA's. They can only do what you instruct them to do. If you instruct them to invest funds in a particular investment they will do so. They have no control over if the investment is a good one or a bad one. That is up to the IRA owner to research beforehand.
Also if you have any infomartion as to an asset held in a self directed IRA you need to communcate it to your custodian immediatly. The sooner you inform them the sooner you can minimize damage.
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