Usacomplaints.com » Miscellaneous » Complaint / Review: Morgan, Phelps & Stern - Consumer Report. #1051170

Complaint / Review
Morgan, Phelps & Stern
Consumer Report

They sent me a "Disbursement Advisory" that I would be receiving $2,997, 500.00. I was to sign and return their "Folio Release Document" along with a "Folio Release Registrant Fee" of $20. Why not just have them deduct the $20 from my winnings of $2,997, 500.00 along with everyone else who won this same amount? What a hoax? These people should be thrown in jail. I can't believe that these companies are so hard to shut down. You may be able to get reimbursements for those that contacted you, but what about all those others who don't have computers or know whom to contact or where to look to find out if it is a hoax. That's money you won't ever be able to collect from these companies. Please do everything you can to throw these people in jail where they belong.


Offender: Morgan, Phelps & Stern

Country: USA   State: New York   City: Commack   ZIP: 11725
Address: 169 Commack Road, Suite H

Category: Miscellaneous

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