- Report: #1201974
Complaint Review: sterling/equity trust company - Nationwide
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Author Not Confirmed
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sterling/equity trust company
Nationwide, USA
Web:
equityinstitutional.com
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sterling/equity trust company equity institutional sterling/equity trust enabled Jonathan Brooks to steal 6 million $ from investors in his Real Estate scam in Aiken S.C. westlake ohio
In December of 2013 Jonathan Brooks stole 6 millon$ from 37 investors in a Real Estate scheme in Aiken S.C.. Equity Trust enabled him to take our money and put it where ever he wished..The Attorney Generals office in S.C found him out & put all his holdings in recievership. Some of those involved lost over 500K....BEWARE, you may end up broke.
1 Updates & Rebuttals
Mike
Ohio,Info & help
#2General Comment
Fri, February 20, 2015
Equity Trust manages self directed IRA's. They can only do what you instruct them to do. If you instruct them to invest funds in a particular investment they will do so. They have no control over if the investment is a good one or a bad one. That is up to the IRA owner to research beforehand.
Also if you have any infomartion as to an asset held in a self directed IRA you need to communcate it to your custodian immediatly. The sooner you inform them the sooner you can minimize damage.
