I came across a critical review of Yardstick Investors on a Scam Reporting website – DirtyScam.com, titled ‘Beware of the names Burton Putnam and Yardstick Investors’.
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 Yardstick Investors with a pinch of salt.
Here is what the review says –
Contacted by a Burton Putnam (whose picture has been used in a real estate scam in Virginia, I have recently found out). Offered a company directed binary option account, which promised amazing returns (I know too good to be true!)I purchased the minimum account ($1000) and they , on paper brought that account up to 11,000 plus dollars. They were to charge a 25% fee for service when I took the money out for any withdrawal.This person made numerous attempts to get me to invest more money, but I told him I could not, so eventually he left me alone and the account kept growing on paper.At the 11,000 plus mark I was told I had to withdraw all of the money, or at least the profit and I would have the 25% fee.Then I was told, I would have to transfer the $2,300.00 fee to them before they could release the money. I then knew for sure this was a scam.I requested a refund of my initial investment and they have not responded and I do not expect them to.I know Buyer beware, but beware of the names Yardstick Investors and Burton Putnam.
In case you don’t already know (assuming you came to this page by Googling ‘Yardstick Investors scam‘, or ‘Yardstick Investors review‘, Yardstick Investors is listed under the category Business on DirtyScam.com.
Here is the rest of the contact information for the sole purpose of identification –
- Address: Withy Grove Manchester England M4 2BS
- Phone: +44 161 850 3913
- Website: http://www.yardstickinvestors.com
- Severity of Scam: High [not sure what it means]
- Reported Loss: 1000 $ [unsubstantiated]
- Reported by: Anonymous [obviously]
The entity Yardstick Investors was awarded 1 / 5 Stars based on 6 Reviews.
It is difficult to ascertain whether Yardstick Investors is a Scam, or Legit, based on this single review. In the coming weeks/days, I will try to research deeper into Yardstick Investors, 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 Yardstick Investors as someone you need to avoid (for now).
If you have any grievances, complaints, or anonymous tips against Yardstick Investors, please contact us immediately. If you have lost money to Yardstick Investors, together we can work to recover your loss.