What does our research say about Fisher Precious Metals?
Regulatory Concerns: Fisher Precious Metals is facing allegations from the Commodity Futures Trading Commission (CFTC) for a $30 million fraud scheme targeting elderly investors, involving aggressive sales tactics, misrepresentation of coin values, and excessive pricing markups. A Los Angeles Superior Court judge denied their attempt to compel arbitration due to fraud issues in client agreements.
Customer Feedback and BBB Rating: The company holds an A+ rating from the Better Business Bureau (BBB) with 25 five-star reviews, but the limited number of reviews and low profile on peer-reviewed platforms like Trustpilot and Trustlink raise concerns about the authenticity and breadth of customer feedback.
Investment Advice: Potential investors should exercise caution, conduct thorough due diligence, and consult financial advisors before engaging with Fisher Precious Metals.
This summary is automatically created and published by data analyzed and provided by ChatGPT 40, Grok and Google.
by: Logan Reed
How do they still have an A+ BBB rating?! Probably paid for it, just like they tricked customers into overpaying.
by: Olivia Hayes
Fisher Precious Metals used aggressive sales tactics, misleading their clients into thinking they were getting premium investments when in reality, they were being ripped off. It's especially sickening that they targeted elderly people, who are often the least able to...
by: Caleb Sanders
Anyone defending this company needs to explain why the court found fraud in their agreements. There’s no excuse.