Complaint Review: United Commodity Traders - DEERFIELD BEACH Florida
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- Author Confirmed
- United Commodity Traders 450 FAIRWAY DRIVE DEERFIELD BEACH, Florida U.S.A.
- Phone: 866-910-3706
- Web:
- Category: Financial Services
United Commodity Traders, Ray Gentile, John Brynes Buyer Beware DEERFIELD BEACH Florida
*Consumer Comment: Save time
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I received a call from a Commodities Broker by the name Ray Gentile http://www.nfa.futures.org/basicnet/Details.aspx?entityid=0400228&rn=Y claiming that he had a GREAT investment in unleaded gas that would return substantial profits over the next 3 months. He was very convincing & I was interested. So I decided to do my home work. It seems that the company he currently works for United Commodity Trader http://www.unitedcommoditytrader.com appears to be a boiler room type operation. As my investigation continued I see that Ray Gentile & the president of United Commodity Trader JOHN ANTHONY BYRNES http://www.nfa.futures.org/basicnet/Details.aspx?entityid=0212313&rn=Y they were also registered with a company called Pioneer Commodities www.87751energy.com google search them also brings a lot of concerns about boiler room type operation. But the main concern is the President of Untied Commodity Trader JOHN ANTHONY BYRNES has a slew of regulatory actions http://www.nfa.futures.org/basicnet/CaseInfo.aspx?entityid=0212313&type=reg
3 cease and desist & 1 suspended from membership. Unbelievable he is allowed to be a president of an investment firm. Sounds like a Madoff situation. Obviously I am not investing with these crooks & I would not advise anyone else to either! You will be ripped off and scammed!!!!
Charles
groton, Connecticut
U.S.A.
This report was posted on Ripoff Report on 05/05/2009 11:14 AM and is a permanent record located here: https://www.ripoffreport.com/reports/united-commodity-traders/deerfield-beach-florida-33441/united-commodity-traders-ray-gentile-john-brynes-buyer-beware-deerfield-beach-florida-448937. 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 Consumer Comment
Save time
AUTHOR: Flynrider - (U.S.A.)
SUBMITTED: Tuesday, May 05, 2009
I recommend that anytime you get a cold call from someone offering you a "great investment" in commodities that you just hang up the phone. Real "great investments" don't require boiler room style cold calling. The only products that do are lipstick endowed pigs and complete scams. Researching them on the 'net is a waste of time, since you have no way of knowing who you are really dealing with (which could be a problem after your money is gone).
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