- Report: #1342335
Complaint Review: Augustus Precious Metals - Beverly Hills California
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Author Not Confirmed
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Augustus Precious Metals
8484 Wilshire Blvd Suite 515 Beverly Hills, 90211 California, USA
Phone:
855-242-4121
Web:
https://www.augustapreciousmetals.com/
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Augustus Precious Metals Augusta Precious Metals Augutus Scams Me with Home Storage IRA Beverly Hills California
In 2014 I responded to an online ad from Augustus Precious Metals about a home storage IRA that they were advertising. I transferred money to them to set up the home storage IRA. I paid them a fee to have it set up and they sent me the gold to store in my safe deposit box. Everything seemed OK until I received an audit letter from the IRS in 2016 stating that the home storage IRA Augustus set up is illegal. I was forced to pay almost $2000 in penalties to the IRS and the IRA Augustus set up was invalidated. In their quest for greed I lost of money for retirement needs. They scammed me into believing that a home storage IRA was legal but it's not.
