Business Capital Management

Business capital management, unwilling to hold up to their end of the signed agreement

My great uncle invested $70,000 with business capital management upon his death. It was left to my inheritance. I have had numerous contact with this company and never once have I been able to speak with anyone that could explain how I cash out and no longer do business with a investment firm, who is not insured by the FDIC. I have been given the runaround I have continuously talked to the same individual by the name of mr. Richard Acosta address as far as 531 Main St., Suite 1002 El Segundo,CA. 90245. After numerous conversations with this individual, he informed me that my uncle wanted to continue to do business with him. I informed Mr. Acosta that I did not wish to continue to do business with him and can provide the said agreement and writing and signed. It is within the fine print of this company that you can cash out at any time. Well I've been trying for well over a year and a half to do that. Additionally, the original investment was done at 7%. The paperwork is now stating the interest rate is at 6% my understanding and based on the contract this was a fixed rate. lastly this company is still using my dead great uncle Social Security number for billing and gains they do send me updates quarterly with my name on it, but the Social Security has not changed to the TIN, which would've been a family trust or my own personal Social Security number. I have filed a complaint with a Better Business Bureau, and will continue to the best of my ability get a refund of the original investment of $70,000 .

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