- Report: #992810
Complaint Review: Merit Financial Sanata Monica - Santa Monica California
Reported By:
Steve -
Fountain Valley, California, United States of America
Submitted:
Updated:
-
Author Not Confirmed
Why?
Merit Financial Sanata Monica
1300 fourth Street Ste 303 Santa Monica, 90401 California, United States of America
Phone:
800-555-2631
Web:
Categories:
Business Rating:
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Merit Financial Sanata Monica Ted Root and Shawn Oesterrreichter Ripped off by Shawn Oestrreichter and Ted Root Santa Monica, California
I called Merit financial to see what their commission rate for selling gold bullion. They donot like to call it a commission. I talk to Ted Root who promptly referred me to Shawn Oesterreichter who promptly said it would be smart to convert my gold bullion to gold Proof (which I found out later this was against company policy) Shawn was dishonest becuase he never told me what the commission to convert until after and the company had a false ceiling (called a spread) $200 above gold bullion price to sell gold proofs. After the transaction was made Shawn charged 55% to convert. I feel he misslead me so he could make a excessive commission at my expense.
