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Sales Practice Issues
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We are very displeased with Lear Capital. We were misled with many things by them. We let them know up front that we did not know much about gold and silver. We were looking to protect our retirement savings, only then to be taken advantage of.
Lear charged us well over 30% of our retirement upfront without properly explaining the fees and value of what they said we should buy. When we tried to cancel, our agent, Chris Mitchell lied to us and led us to believe that the price of gold and silver had started gaining some of our money back.
We found out that was in fact a lie. The gold and silver market had gone down and we had lost still more, approximately 40%, over $220,000 dollars, of our retirement because there was no special value to the gold and silver they sold us.
We feel Lear Capital is a very bad company to do business with.
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