Usacomplaints.com » Shops, Products, Services » Complaint / Review: World Group Securities - Scam. #651067

Complaint / Review
World Group Securities
Scam

World Group Investments Watch Out For trading with this specific organization Duluth Ga

I had been a with Globe Team Investments (WGS) from first having a ROTH IRA after which later, transformed that to mutual funds. Like other traders, from about 2007 to I observed my expense continuously drop the strain. Every fraction was a decrease, never a rise.

Finally, I stated enough is sufficient, and informed my representaive with WGS to cash me out. He explained I really could move my resources to some "checking account" with WGS, that we did. Your day prior to the move, he explained what my stability was and that I stated okay let us get it done. Lo and see, the following day my stability was $900 significantly less than your day before. Quite simply, WGS required about one tenth of my whole stability and flushed it down the bathroom. That is simply not correct. No time before had they consumed so a lot of my profit one awful evening! Is it only a chance this $900 reduction arrived about the last evening that it had been a ROTH? I believe not.

That isn't all though. Used to do not discover till yearis finish this alleged "checking account" settled zero-interest for just one entire year after which they'd the nerve to cost me $10 for that privledge of keeping my cash to get a year. Had they revealed that zero interest consideration in my experience upfront, I'd have simply cashed out and place it into my bank checking account and atleast create 3% interest. I once more approached my consultant and informed him I needed to cash-out. Then I was informed I Would need to spend roughly $180 charge to cash-out OUR money.

In this entire economic depression, WGS has been doing NOTHING to safeguard their clients belongings. Their representatives continue producing exactly the same profits; they proceed likely to conferences to celebration at our cost, plus they WOn't renounce any costs. They'd much instead haver a person leave disappointed than to get rid of a $5 charge.

I understand my cash is dropped, but I really hope I will conserve additional customers from going right through what I did so with one of these individuals at WGS. Avoid them!


Offender: World Group Securities

Country: USA

Category: Shops, Products, Services

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