Bentley metals closed up shop in Hoboken, NJ ... Louis Ferone and the gang moved on to set up another investment scam (possibly abroad) I am afraid to think what they are up to now....

No.. I called all their numbers to inquire about my investments. Thankfully its not too much..however I still have to put it all up as a loss since all their phone numbers are disconnected without any further details. Their website is still up..Hoboken where the firm is located was hit very hard by the flooding... However I figure that they just closed up shop...took everyone's investments and open up under a different name or perhaps opened up shop in another country...

This a lesson learned the hard way...burnt...

citibank calling  my home telling me i owe $300 which was bogus.
They wanted my credit card info so they could run it and flee with my money
Be aware of this scam people..
its scary......
they knew my charge history also.
i hope they get locked up fast.
this number is bogus
866-757-2686 citibank
ny

Lou is still around ..
come and invest....
we will take care of your money for you.

Yes they are still around....
Get over your loses  and move on ....

are they still around?
is BENTLEYMETALS still harassing people?

Worst investment experience of my life. Precious metal scam.

Carlos...I know you and Paul and the crew at Bentley..are probably friends..for all we know you most likely are involved in the outfit city credit crapital..The phone solicitation business...has alot of brokers and salesmens touting all kinds of returns and profits that one can attain in the marketplace..rarely are these guys upfront...its my mistake that I listened to the charlitans at Bentley and lost everything.. I just don't want any other investor to fall for the trap...Bentley metals = losses 100% guaranteed

Carlos:

There is no relevance bringing up how the DNC laws used to be "back then."  I wasn't being called "back then."  I'm being called now.  Moreover, Bentley isn't performing "surveys."  It is soliciting for business.  I personally have never heard of Bentley, nor do I invest in any precious metals.  How they have my number is unknown to me--which drives my point even more.  Even with those who had a prior relationship with a company, the length of time that the company has permission to call someone expires when 18 months after the last transaction has occurred.  Also, I've been on the DNC list since the inception of the DNC call registry in 2003; and the requirement to check the registry was implemented in 2005.  There is no "lag" of an updated database to influence what is happening with me.

The registry updates daily--automation allows this to occur.  If there is something that will prevent this, an e-mail is sent to the subscriber to tell them so.  In order for the solicitor to be protected, s/he needs to prove that the DNC list was checked prior to making the call.  The solicitor only needs to update its last list obtained from the registry every 31 days, so it can go off of the last list that it updated until 31 days has passed.  It's simple both to document as well as perform.  This has nothing to do with sweeping databases.  It also has nothing to do with a company providing a list to specific employees to cold call.  It's solely about verifying that the number the solicitor is about to call is not on the list prior to making the call, which can only happen from the caller...and not a list that was provided to him.  

Finally, your experience in business, and your diligence to it, is not relevant to this thread.  The thread is about all of us recieving unwanted calls from Bentley, and some of us have been talked to in a rude manner in the process when challenging the reason for the call--and you are defending the very person who is doing this to us by trying to tell us how great of a person your friend at Bentley is, and that Bentley is a great company.

Squig - the last time I set up an LLC to raise money for a client's project was when the Do Not Call list was 1st set up. Your description of how the law is COMPLETELY is NOT how it was back then. I bought my leads, back then, from a top lead broker, one who publishes 1 of the top 3 reverse phone directories in the country (again, this was true back then. Market rankings change.)

Many companies that do surveys are for-profit  companies. Are you claiming that surveys lost their exemption from the list? Or are you just talking generalities? Parties who have had prior contacts with you, business contacts, are NOT covered under Do Not Call. If you gave an OK for calls to an associated firm - what is called a opt in including related firms - they are not covered.

My last point - I find it hard to believe there isn't a time lag from when you register on the list to when it takes effect. If there was, that would be blown out of the water in court, as it would be an unreasonable requirement and therefore a violation of due process, in my unprofessional opinion.

And none of this is making EXCUSES! It is me, talking from personal experience DEALING with setting up investment marketing operations, with great care to make SURE they comp[lied with ALL Federal and State laws, trying to tell you why I don't believe it happened the way you think it did. Don't get me wrong, I am NOT saying you are lying. I don't believe you are. Yet I AM sure your understanding of the situation is... off, just a little.

Oh, by the way, do you have any idea what would be involved in sweeping a data base daily? With the influence REALLY big firms have in Congress, that make Bentley look like a minnow, like Morgan Stanley or UBS Financial Services, that hire new guys to cold call for the established Brokers at $2,000, $3,000 per month plus a portion of the commissions there Brokers close - the List would NOT have been set up in a way that hurt them. C'mon!

Carlos:  For-profit companies are required to honor the do not call registry.   You are making excuses for someone who is violating the do-not-call laws.  It is the responsibility of the CALLER to check the do-not-call database prior to making the call, regardless of whether the number was obtained from a list that alleges to only sell numbers of those who wish to be contacted by telemarketers.  The database updates daily.  All that Bentley needs to do is register with the website that provides these restricted numbers, and then select which area codes it wishes to confirm.  The first five area codes are free.  With Bentley's wealth, it wouldn't have any trouble affording the subscription fees for the remaing area codes.  Once registered, verifying a number is easy.  You open the file with the respective area code, type in the phone number that you wish to check, and wait to see whether it displays in the file.  If it shows up, it is a number that is on the do not call list.  If it doesn't show up, you re permitted to call it.

Of course, large companies know that it is cheaper to pay the fines that come fro complaints by consumers that the law isn't being followed than it is to subscribe to all of thse area codes, which brings me back to what I stated originally.  If a rep from a company show disregard of complaince to the do not call registry, then he is a pushy salesman with only self-serving interests in mind versus a sales professional.

Yabani, there are boiler rooms, bucket shops, and clean rooms. My impression of Bentley's is based on talking to the owner and knowing Paul. I'd be surprised if they didn't fire some1 like FBI, if he works for them and they find out he's doing this.

Some guys will call back more often than you want. Know why? Back when I was on the phone, back in the 80s, there was a guy who owned a Chiropractic clinic, I tried to sell him a piece of a deal I believed in. At first he told me no. I knew, in my heart, that he wanted to invest but he was scared. So I called him again. The 4th or 5th time I called him back, he bought. Not big money, $40 K, $50 K. But enough to follow my gut about how many "no"s to take before I'd drop a guy.

That is just business, Yabani.

Maybe, but nothing in what you say shows that YOU know. I've run into a lot of folk, when I tried to teach them how to get on the list, had no idea about the exceptions to it (like surveys), nor how long after you go on the list before a company can be penalized.

And, beyond that, a company like Bentley doesn't create their own leads. A small percentage of them, OK. But most of them are leads they purchased from lead brokers. The lead brokers are SUPPOSED to sweep their data bases periodically, to remover the Do Not Call numbers. Sometimes they don't. Sometimes they do but miss a few - they haven't hit the Government data bases yet, or some1 screwed up in data entry.

So your complaint - to some1 who has been involved in Investment Marketing rooms in the past - doesn't sound very substantive.

Due diligence on a CFTC registered firm, and you didn't find much? Ever have any1 show you how, or are you self taught?

I don't know what Paul's formal title is, but the Firm's owner acknowledged Paul as his right hand man. He does retail to keep his hand in, is my best guess. He and I know each other thru a young man who used to be a protege of his. We've invested together, and are looking to set up a company together. So I know him personally, and pretty well.

BTW, Paul was helping me look into buying from a LME broker. Not Bentley's retail deals. But they ARE a firm that can handle large deals.

I am a real person, not employed by Bentley. I know Paul personally. I looked at the firm he works with before he and I started to work something. I tracked his metals recommendations as part of my process of deciding if he was who I wanted to work with - and his reasoning was always perceptive and real world based. FOREX is harder to call. I used to be a manager at a FOREX options house, right before the Australian Olympics. Everybody, from Deutsche on down, thought the Aussie Dollar vs the US dollar was a sure thing. We jumped on the band wagon, too. We hedged people in the Canadian $ - I don't remember if we went long or short. We won there, and lost in the Aussie dollar - along with the biggest currency traders in the world.

My experience with Paul doesn't match what is being said here. It DOES match what folk say when they lose. For many investors it is always the broker's fault, no matter if it really is or not.

OH!
I'M SO SCAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAARED!
PLEASE DON'T TURN ME IN .. PLEASE!
GET LOST MAN ... AND STOP HARASSING PEOPLE BY TELEPHONE

I GUESS YOU CAN'T TELL THE DIFFERENCE BETWEEN NEW YEARS EVE AND CHRISTMAS EVE ..
A TYPICAL SCAMMER ..

cc:

Whoever calls from this number is not concerned with compliance with the Do Not Call laws, otherwise I wouldn't have just received a call.  This alone leads me to question one's reputation as well as his integrity.  Choosing to violate the Do Not Call laws also shows me that the person is pushy, and will make every effort to coerce a prospect into "do(ing) business."  Providing our experiences on a website such as this one is not about holding a grudge, as you put it.  It is about informing each other about how we received unwanted nuisance calls from this person that ultimately led to high-pressure sales tactics for an unwanted product or service.  Fortuately for me, I simply let the phone ring to wait for a voice mail message; and, the coward wouldn't leave one.

Your being under investigation Yabani....
I will turn you in!!!!!

Forex breaks too easily, I prefer Trojans.

GET A LIFE FOR REAL....
YOU NEED TO EMAIL BOGUS REPLIES ON NEW YEARS EVE.WHAT A JOKE YOU ARE...
BE AWARE OF YABANI....
I WILL REPORT YOU AND PRESS CHARGES ASAP...

Guess What?  He called me again, and I am so sure he is reading these posts.  Because when I declined, I gave them this page as a reference.  So, trust me, Quntado & Bros. are reading this page.

This time, he was more polite than ever.  He called, he said good evening, and he asked to speak to me.  Frankly speaking, I couldn't think of any more polite way of doing this other than what he did.  However, I was rude.  I hung up on the guy's face!

Why do I do that?  Why do they call me in the first place?  I turned them down by writing a clear email that I was not interested and I asked them to delete my numbers.  So, why harass me with their phone calls?

I wonder if Bentley Metals is D & B listed, and what they say about them!

The best thing you can do is just get a new number ..this boiler room nut will harass you until kingdom come and if you every send him money..you will never see returns. He is just scouting for another investor to victimize.

"They delivered and now you blame others for losing your investments." What exactly did you deliver?. aside from more than likely stealing the money? " shame on me" huh CC? how are things in Scam-boken, NJ?  You live and you learn, My money is gone. With operation like Bentley Metals losses are guaranteed 100% and it would not surprise me a bit if they aren't on the CFTC radar.
I can only hope that other investors heed my experience and  don't fall for their false rhetoric. If anything its great to have found this page.

This evening I got a call, around 11:00 PM my time, I ignored it the first time, it kept ringing again, and again, and when I answer, it's Paul Quantano ............

baaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaah!!!

Com'on guys!  I feel this world has come short of traders around the globe for them to continue calling me!

You choose to GAMBLE  with your money and put it in the market.People cant
control your losses.You told them what you wanted done ,they delivered and now you blame others for
losing your investments.Try real estate if you want to play it safe and stop dogging others.
Shame on you!!!!!!

I had a foreign currency account with this Bentley Metals operation..what a horrible investment experience. They really didn't know what there were doing..at least those who traded my account. didn't. I lost thousands of dollars and I told them not to trade the account..after I noticed a pattern of straight losses. Now looking back at it I doubt they made any money for any of their clients with their trading strategy or lack there of. I believe they were just churning the accounts and making trades just to get the commission. Proceed with extreme caution if you plan on letting this bunch handle any aspect of your portfoilo. Your warned!

Im sorry if you werent happy with end results.If theres anything
I can do to accommodate you ,feel free to call.Business hours
mon thru friday 8am to 6pm.Happy holidays!!!!

just another happy customer making sure the scammers get more victims LOLc8d3

I received a call from "Bentley Metals".