My Father had been using Brian as his financial planner.my Dad died in 1987 and I continued with Brian not knowing anything about investing!. Brian invested my money $150,000.00) through Shwabb co., in shopping malls under Krupp Inc. I was able to use the diivedends from these investments to pay my mortgage and use later for my retirement. The companies went under about five later and Brian did not advise me at the time and I lost everything! I made contact with Brian and he informed me that he too had lost everything as did his Parents who also lost their home, his marriage, his home and his marriage. He informed me that there was nothing he could do about my loss. I am 68 years old and on permanent disability after working since I was fourteen years old, the last 30 years as a school bus driver. I had to retire six years earlier than my sixty-six years,thus cutting my SOC. Sec. and Pension. I have lived paycheck to paycheck since Brian’s lack of information regarding my investments. I had to declare bankruptcy a few years ago and continue to financially struggle. I am not sure if I have any recourse but I have been trying to find Brian since this all happened. I would like to know if there is any chance that some of my money can be found and returned?
Report Filed: Brian T Lenihan , Financial Planner. (around 1992) My FP, after Father died, investments declined, lost $150,000, been struggling ever since.That was my retirement money that was left to me! Tarrytown New York!!
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If you have been fraudulently charged on either your debit or credit card, or coerced into paying and was scammed, we would advise you to immediately either visit in person, or call your Financial Institution that issued you the card. Open a fraud dispute on all charges incurred, file fraud charges against the committers and cancel your card numbers… then get new card numbers issued to avoid more Fraud charges in the future!
Most of these Scam companies will offer you zero help with a refund, you MUST take matters into your OWN HANDS! Sometimes they will promise you that they will refund you to buy more time… DO NOT fall for that, from our experience most never see a refund. They are counting on enough time to pass that your fraud claim time limit window will expire, ultimately allowing them to keep your hard earned money! File the Dispute ASAP or Open a Dispute with PayPal and Immediately Escalate it, if you paid through PayPal to get your funds back! The longer you wait to dispute, the less chance you have of getting your money back. This is YOUR MONEY, fight for it!
If you find that you are past your window to File a dispute with your Financial Institution, or were denied for any reason, please do not hesitate to File a Complaint with the CFPB at this link here: https://www.consumerfinance.gov/complaint
The Consumer Financial Protection Bureau (CFPB), is a U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly.
They will investigate and can sometimes get the payment reversed and taken back from these Scam Artists even if you lost your Fraud dispute with your Financial Institution due to the Scammers lying! Stay vigilent and good luck!