Usacomplaints.com » Miscellaneous » Complaint / Review: SGM Metals LLC... Jim Purnell - Sterling Gold Metals LC... Sgmmetals.com Super Con Artist. #907082

Complaint / Review
SGM Metals LLC... Jim Purnell
Sterling Gold Metals LC... Sgmmetals.com Super Con Artist

4/14 I received a cold call from (Ben Bernanke) SGM telling me how I could triple my income investing in gold/silver. He gave me the impression that if I invested 15K on 1-3 margin I would triple my money in 3 months. 3months later I receive a cold call from Jim Parnell giving me the same spill only this time he wanted me to invest more moneys on a 1-3 margin. Bottom line I invested over 250K and went through three margin calls plus Jim shaved off 130 oz of gold and 9,500 shares of silver for the forth margin call. Administrative fees, 9.5% interest on my margin leaves me with only 10K of the 250K

I'm 72 years old and I don't have a chance of getting my moneys back. I truly believe that I was con'ed by Jim and his coneys into believing that I could make a fortune with gold/silver. Jim play the chicken-little game; he told me the stock market would implode along with the banks, Pull all of your money out before the depression hits he said " it will be worse than the depression of the 1928-1930's".

Jim Bernanke was fired. I think he was tired of all the bull-shit that SGM was telling Senior citizens.


Offender: SGM Metals LLC... Jim Purnell

Country: USA   State: Florida   City: Palm Beach Gardens
Address: 8895 North Military Dr. Ste. 106E
Phone: 5617216800
Site:

Category: Miscellaneous

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