Atlantic Capital Holdings Group
Ponzi, scam, rip-off
- 03-17-2010
- 30
I received a call from Mr. Pearlman of Atlantic Capital Holdings Group in June. He claimed to be a broker with an investment opportunity with TEMN. He claimed that this stock had the opportunity to increase by x10 by end of the year. I had my doubts but decided to try him out. He wanted me to invest $25,000. I told him I didn't have that much money, but he was persistent and wanted me to invest at least $2,500 to show what he can do. So I invested $2,500 that I had saved for my IRA. Needless to say TEMN sank like the Titanic. It devalued itself by 90% from the purchase date. But like a pathetic fool I am, I waited for the possibility of rebound.
My suspicions grew more and more when I didn't receive any statements or reports of my investments.in January of I called several times to get in touch with Mr. Pearlman. It took 2 weeks to even talk to him. His excuse was that he didn't know and will request Equity Trust to send another statement out. I didn't receive anything so I called back and talked to his co-worker, Mr. Anderson. I told him of the situation and asked him for the number to Equity Trust so I can retreive the information myself. Equity Trust did not have any information on me whatsoever. When I called back, the secretary (Barbara) told me that Mr. Anderson talked to Equity Trust and requested the statement and should receive it soon. Same story.
Last week I called the office. I got a nice friendly message. "The number you have called has temporarily been disconnected..." Today, "The toll free number you have called IS disconnected..." What a fool I was. I don't know how many people they scammed. I hope they get what they deserve. They probably won't use this name again, but beware. I remember Pearlman saying that they were changing their name to "Elite Global Trading". Rock Holdings come to mind also... Don't trust these guys at all.
Company: Atlantic Capital Holdings Group
Country: USA
State: Florida
City: Ft. Lauderdale
Address: 110 E. Broward Blvd. Suite 610
Phone: 8774000087
Site: atlanticcapitalpartners.com