Complaint Review: Market Masters Inc.

Market Masters, Inc. is a ripoff and a scam brokerage business. Tom Gallahon and John Reese and the whole company can not be trusted to keep their word. Liars, liars, liars they are. They hold themselves out to be high velocity investment specialists that have an sure-fire way of earning money in the market. Not only does their system not work, they violated their contract with me and refused to return the funds held in trust. They target older people without regard for their welfare. I am 64 years old and I sent them $12,000. They lost $6,000 in the first five trades. When I asked them to return the remainder of funds, they declined and kept it!! Isn't that theft? Though I called them, wrote them, and faxed them, they refuse to return the money under their fiduciary care. They squandered my investment, broke their promises, and stole what was left in our account--$6,000. These people are smooth and appear knowledgeable, but they are incompetent as well as liars and thieves. Do not do business with Market Masters at 5250 W. Century Blvcd, in Los Angeles, California or you'll be sorry.