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  • Report:  #724010

Complaint Review: Market Master Systems

Market Master Systems Market Masters Systems Fraud alert Los Angeles, California

  • Reported By:
    Rip Also — Faribault Minnesota USA
  • Submitted:
    Sat, April 30, 2011
  • Updated:
    Sat, April 30, 2011

I too was ripped off by these people. I entered agreement in Oct of 2008 and paid $5,995 for them to manage an IRA investment. They guarenteed to pay it back if the investment lost money.

The investment lost all the money in very few months. When I requested a refund, John Reese of the company said I had to wait till May of 2009. When that came , I called him again. He made some lame excuse, and said they would pay as soon as possible.

I only got one check weeks later for $500, and other than e-mails stating they were having problems. They had someone call and "suggest" I put another $6000 in their metals fund, and they would credit the $5995 they owed to that investment for me.

Fool me once, shame on you, fool me twice, shame on me. I did not agree, and said I wanted my money back. Have heard nothing from them since!!!!!!!!

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