- Report: #1437329
Complaint Review: CGM Mutual Fund - Boston Massachusetts
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Author Confirmed
Why?
CGM Mutual Fund
PO box 8511 Boston, 02266-8511 Massachusetts, United States
Phone:
800-343-5678
Web:
www.cgmfunds.com
Categories:
Business Rating:
(0)
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CGM Mutual Fund Formerly known as Loomis Sayles CGM Mutual Funds is not sending me my money Boston Massachusetts
The warning sign of a Ponzi scheme is that you get excuse after excuse why you are not getting your money.
I redeemed shares in this fund and am still waiting for the check almost two weeks later. They seem to have lost the information
that would have allowed them to wire me the money - suspicious.
My best guess is that they are trying to get money from new investors to cover my redemption.
Even if I do eventually get a check for my proceeds, that's good for me but not for future investors.
Steer clear of this family of funds to save yourself lots of grief.
They have a single page website - that should be a warning. You can't even look at your balances.
