Complaint Review: Sunset West International

Someone from Merrit Financial refered me to Sunset West International in December 1999.

The broker that I have worked with is Bob Austin, the president is Alan Libman.

I bought a number of Kennedy memoribilia with a promise that I will make a great profit by the Summer of 2000 when the Democratic national convention conviened in Los Angeles. Bob later mentioned that there was a security problem for advertising these items. To this day this has never happened. I have spent over $100,000 prior to the Summer of 2000.

I have bought a number of other pieces from them with a promise that a profit will materilized. For example, in July 2002, I bought a Picasso print, for $18,200, when I was told that I had a buyer for a Kennedy item that have I purchased for $25,000. The buyer was willing to buy both the Kennedy memoribilia and the Picasso print for $104,000. This has never happened.

Once everything has been said and done I have invested about $130,000 with these bastards.

Sometime in 2003 they merged with Investment Strategies. Now I am not able to make any contact with anybody there. I am going through an auction site hoping to get somewhere close to what I originally paid for the above memoribilia.

David
Radcliff, West Virginia
U.S.A.