Primerica/Michael Vicario ripoff! Scammed us and lied to avoided calls. Held checks 3 months. Englewood Cliffs New Jersey
Where to begin, been lied to, scammed calls avoided or not returned and have held my checks for 2 1/2 months now... I know it does not take this long to open a money market and put funds in some mutuals. Have been given many lame excuses this takes time, it's in the works and so on.
Now i find out never even went in for over a month, then bounced on some date error a few weeks ago and my representive Michael Vicaio still hasn't called and told me these things. I called Monday Nov 17th left message on his voice mail (surprise) and let him know how upset i am and this is ridiculous. Well he never bothered to return my call... I have taxes due in January that this money market was for and now i have no acct, no money going in and interest lost on it and other accts that were being set up.
I explained this situation to him and he doesn't seem to care. So promises by the million till they have your money or have you business then it's what customer? who? i want to bring charges if i can and i want to go public/media on this. I am now hearing how alot of people have been ripped off by this company and a big co like citicorp is involved/members with them! please help me and tell me my next actions i can take.
Kim
wallkill, New York
U.S.A.
1 Updates & Rebuttals
Roger
Baltimore,Maryland,
U.S.A.
You may have a case, ..Securities transactions
#2UPDATE EX-employee responds
Thu, November 20, 2003
To Kim,
You may have a case, as a former employee and ex-securities agent, the PFS person who took your money is required by law to expedite the transaction immediately. I can't remember the exact threshold, but its around 24-48 hours at least. If he held on to it as long as you indicated he has broken the law. I suggest you talk with a knowledgable attorney with regard to this matter. Good luck.
Regards