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AnnuityTrader.Com is Bloody Useless

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1.0
AnnuityTrader.com claims that is the largest marketplace to buy and sell structured settlements and annuities. Yeah yeah yeah heard that line before. Earlier this year a former Ponzi schemer was involved in a similar site and now Todd Dyer, the convicted felon is serving 15 years. AnnuityTrader.com posts purported annuities available for sale, but it's a big fraud. None of what is on offer is an annuity. The Annuitytrader.com site is registered anonymously which is never a good thing. There is no address. No way to verify if it is a real company or run by anyone with experience or even located in the United States There is a disclosure that the ghost person in charge of the site is not licensed. The link to terms and conditions don't work. Protect your money. In my opinion if there is a lack of transparency as there is on AnnuityTrader.com, run don't walk as far away as you can. There are felons and petty crooks who lurk in the industry because there ain't no regulator. This isn't like buying or selling stuff on amazon or eBay, where you're dealing with a publicly traded company. This is like fake ***
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Loss:
$100
Cons:
  • Advertising fraud
  • No bbb
  • Misrepresentation of annuity
Reason of review:
Not as described/ advertised

Preferred solution: Be transparent

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