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  • Report:  #1183329

Complaint Review: Beneficial Bank

Beneficial Bank intent to commit fraud philadelphia Pennsylvania

  • Reported By:
    robert — philadelphia Pennsylvania
  • Submitted:
    Fri, October 17, 2014
  • Updated:
    Fri, October 17, 2014
  • Beneficial Bank
    philadelphia, Pennsylvania
    USA
  • Phone:
  • Category:

 Please be Advised, that one of Beneficial Banks Employees, Dan Zimmerman requested me to invest in one of his stock accounts. He guaranteed me a return between 3 and 6%. Accordingly, I invested $2,200,000. I told him I wanted a safe investment not speculative. He stated the money would be safe and in front of one of the employees - Brittany Adams Dowd. In what appeared to be approximately six months and without my permission the stock went south and I was informed the stock was down $94,000. I told him to to get me out of this stock which was unauthorized. My total loss was $107,000, Hence, the next day he said the loss was $107,000. Mr Zimmerman has subsequently denied that the stock was guaranteed and safe, As a result I underwent a Polygraph exam administered by the top administrator in the country. Taking in the $107,000 loss in addition to the 3% to 6% promise, the total loss was $150,000. This matter is presently scheduled for trial. I therefore would not recommend and depositor dealing with Beneficial Bank. If anyone has questions or concerns regarding this matter , feel free to contact me @610-xxx-xxxx (((REDACTED))) Most Regrettably Robert Hxxxxxxx

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