Usacomplaints.com » Business & Finance » Complaint / Review: Cambridge International / Gerry Burns - Cambridge International Stock Scam. #5338

Complaint / Review
Cambridge International / Gerry Burns
Cambridge International Stock Scam

My company ANEX Inc. Was convinced by Mr. Gerry Burns to by a stock called ODIN Industries out of Canada or the CD&X sybol ODI. Anyway we decided that it was a pretty good deal and we bought nearly 3 million $ worth of this stock on Mr. Gerry Burns advice. When we ran out of funds to purchase anymore he asked us to use our 3 day settlement rule with Morgan Stanley Dean Witter which allows yopu 3 days to cover the cost of the stock purchased. He said he would cover the purchase within the time allotted. We you guesed it. He did not. After 3 weeks of MSDW negotiating with him personaly to cover the more than $500,000 they had enopugh and dumped all the stock we had on the market. The price plunged from $6.80 US to. 20 cents and trading was then halted on this stock. The company has been nearly bankrupted after 20 years (Odin) and has put us out of business owing investors in our company more than 3 million dollars.

Now Mr. Burns or his alias Gerard Thoubburon has promised to make this right but now after 10 months has done nothing but lied. We do not have the funds to pursue the legal action against him other than cooperate with the criminal system that says it's our word against his. This has ruined many lives financially and has forsed us into Bankruptcy both personally and business.

I want revenge!


Offender: Cambridge International / Gerry Burns

Country: USA   State: Arizona   City: Scottsdale
Address: 10088 N 119th Pl
Phone: 6024996366

Category: Business & Finance

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