Fariba Ronnasi – Legit or Scam?

I came across a critical review of Fariba Ronnasi on a Scam Reporting website – DirtyScam.com, titled ‘Lost the money with Elite Wealth Management’.

DirtyScam allows anonymous submission of complaints from angry consumers and victims of scams. Since the website is hosted offshore (probably in Russia or India), we take this (negative) review against Fariba Ronnasi with a pinch of salt.

Here is what the review says –


I was looking for the best company to help me to diversify my investment portfolio. A friend of mine asked to look at Elite Wealth Management headed by Fariba Ronnasi as she sounds so great when its comes to investment and fund management.Unfortunately I have been convinced by Fariba Ronnasi to invest substantial about of money to get the great return on investment. she promised to provide a really better return than what we are getting over the other stuff from the banks.At the end I can say, I have had received very poor returns infact lost quite a bit of money here, not recommended. They keep rotating the portfolio every quarter and that what makes me lose money. Their investment strategies are very bad strategy .


In case you don’t already know (assuming you came to this page by Googling ‘Fariba Ronnasi scam‘, or ‘Fariba Ronnasi review‘, Fariba Ronnasi is listed under the category Business on DirtyScam.com.

Here is the rest of the contact information for the sole purpose of identification –

  • Address: Market Street Kirkland WA 98033
  • Phone: (425) 828-4300
  • Website: http://elitewm.com
  • Severity of Scam: High [not sure what it means]
  • Reported Loss: 1500 $ [unsubstantiated]
  • Reported by: Anonymous [obviously]

The entity Fariba Ronnasi was awarded 1 / 5 Stars  based on 1 Reviews.

It is difficult to ascertain whether Fariba Ronnasi is a Scam, or Legit, based on this single review. In the coming weeks/days, I will try to research deeper into Fariba Ronnasi, analyze and list more critical reviews and identify a pattern (or lack of) to substantiate the claim mentioned above.

Regardless, until then, we give the benefit of doubt to the reviewer and list Fariba Ronnasi as someone you need to avoid (for now).

If you have any grievances, complaints, or anonymous tips against Fariba Ronnasi, please contact us immediately. If you have lost money to  Fariba Ronnasi, together we can work to recover your loss.

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