Is Lear Capital a Fraud? (2020 Comprehensive Analysis!)

by | May 21, 2023 | Gold IRA | 8 comments




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Is Lear Capital a scam? or a legit company where you can safely invest in gold and silver? In this review, you will learn all the facts you need to know about this company….(read more)


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Lear Capital is a company that specializes in buying and selling precious metals, such as gold and silver, to investors looking to diversify their portfolios. However, there have been concerns raised about whether or not the company is a scam. This article will take an in-depth look at Lear Capital, examining its history, business practices, and customer reviews, in order to determine whether or not it is a reputable company.

History

Lear Capital was founded in 1997 and is headquartered in Los Angeles, California. It is a privately owned company, with no affiliations to any government agencies or financial institutions. The company has been accredited by the Better Business Bureau (BBB) since 1997 and currently holds an A+ rating. Overall, Lear Capital has a long-standing reputation in the precious metals industry.

Business Practices

Lear Capital offers a variety of precious metals, including gold, silver, platinum, and palladium. The company offers two types of accounts – a traditional IRA and a Roth IRA – and customers can choose to purchase metals individually, or as part of a portfolio. The company also has a buyback program, allowing customers to sell their gold and silver back to Lear Capital at market value.

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In terms of fees, Lear Capital charges a commission on purchases, as well as a storage fee for customers who choose to store their metals with the company. These fees are generally competitive with other precious metals dealers.

In terms of transparency, Lear Capital provides customers with detailed information about the metals they are purchasing, including the purity and weight of each item. The company also provides customers with a tracking number, allowing them to track their purchases online.

Customer Reviews

One of the best ways to evaluate a company’s reputation is to look at customer reviews. Lear Capital has a mixed reputation online, with some customers praising the company’s professionalism and customer service, while others have complained about high-pressure sales tactics and slow shipping times.

One common complaint is that the company’s sales representatives can be pushy and aggressive, pressuring customers to buy more than they originally intended. Some customers have also complained about long wait times for delivery of their metals, which can be frustrating for those who are making time-sensitive investments.

However, many customers have also had positive experiences with Lear Capital, noting that the company’s representatives were knowledgeable and helpful, and that the metals they purchased were of high quality.

Conclusion

Overall, Lear Capital appears to be a reputable company in the precious metals industry. While some customers have had negative experiences, the company has a long-standing reputation and has been accredited by the BBB for over 20 years. If you are considering investing in precious metals, it is important to do your own research and understand the risks involved, but Lear Capital is certainly a company worth considering.

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8 Comments

  1. Dan Malone 53

    These people are liars and cheats they just recently lost a lawsuit to New York attorney general Letitia James agreeing to pay 6 million in settlement. Then they tried to weasel out of paying, restitution to other people they ripped off from other states. By filing Chapter 11 to avoid paying restitution. Far as I'm concerned they should have lost their license to manage anyone's IRA criminals.

  2. Robert Ream

    I still think they're fraudulent they keep saying that silver is going to triple triple in the next couple of years and they've been saying that for yearsBut what most people don't know is that silver has never ever gone over $50 announce ever So when they say that silver's gonna triple In price that's called false advertisingThey are lying to the American consumer.

  3. cujo bean

    Right lear is a scam!!! Don't invest in silver. I've been watching silver for 4 years and it's went NOWHERE. but you will pay interest to lear while you make nothing.

  4. CornPop1 BadDude

    Lear is a total and complete scam. Do your due diligence before handing over your hard earned money. Look into JM Bullion, SD Bullion or Ampex instead.

  5. Truth Bomb

    The guy reading this was either excited to narrate or wanted to get it over with.

  6. iTrustCapital

    Investment 101: Do the necessary research, study, and analysis before making any investment decisions. You need to understand the investment and ALL ASSOCIATED FEES including SPREADS on coins. And be sure to get it all in writing up front!

    There are several options for Gold IRAs. Learn more by getting your free Insiders Guide: The Truth About Gold IRAs @ itrustcapital.com. You have nothing to lose by doing more research.

  7. iTrustCapital

    Investment 101: Do the necessary research, study, and analysis before making any investment decisions. You need to understand the investment and ALL ASSOCIATED FEES including SPREADS on coins. And be sure to get it all in writing up front!

    There are several options for Gold IRAs. Learn more by getting your free Insiders Guide: The Truth About Gold IRAs @ itrustcapital.com. You have nothing to lose by doing more research.

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