Complaint Review: GLOBAL BULLION TRADING

I was approached by someone from this company with the pitch that the metals market had no where to go but up, which I agreed with, little did I know that these guys would wipe out all my 10,000 investment with crazy fees and trades and commissions. At the same time I gave them 10,000 dollars I also bought 10,000 dollars of bullion coins, I now have coins worth 16,000 dollars and account with these thieves worth 265 dollars. These guys lost (stole) 9700 dollars in a market that even a blind squirrel could make money in. I knew I was in trouble early when I tried to get statements from them to see how my account was doing, I only got one statement that showed a $ 3000.00 profit, which proved to be a lie because a later statement (all of which I believe to be fictional) showed that I was wiped out in 4 months. It took at least 10 threatening phone calls to finally get the surprising statement that showed that from my original investment of 10,000 dollars I only had $ 265.00. On this statment they showed new account fee of $ 250.00, comm and fees of $666.89, Interest on margin of 1824.87 and a admin fee of $ 416.89. These fees seem quite high since they could not even send me a statement!!! Over $ 3100 of my original 10,000 went to fees. Arthur Schlecht is a thief and I hope the b*****d goes to jail.

Floridamax
Miami, Florida
U.S.A.