AmeriStar is a FinTech company with a mission to help investors with High Yield Investing. We are a FINCEN Money Service Business and all investments are SEC registered through Regulation D offerings to accredited investors. As a FinTech company, we are constantly on the forefront of tech advancing and take pride in some of the Artificial Systems that we are utilizing to help investors transact in a more streamlined sense.
AmeriStar (ameristarinvestment.com) has 35 customer reviews on Five Star Index, with an average rating of 3.3 out of 5.
Also known as
ameristarinvestment.com
Website
ameristarinvestment.com
Category
Investments & Wealth
Location
Vernon Hills, Illinois
Listed on Five Star Index
2026
About these reviews
Replies
The company replied to 51% of reviews.
Latest
Most recent review: August 2026.
Edits
Reviews are shown as their authors wrote them. The company can reply, but cannot edit them.
Score
This company cannot pay to remove reviews or change its score.
I purchased a new business which came with Ameristar unit, which was installed in 02/24. 1st week after moving in the AC broke down. I contacted the installing dealer who goes by the name of Alex and his company "Cool baby A/C" who refused to honor the continuation of warranty.
Got another diagnostic and Had the mother board replaced, which also got refried again, they told me all sensors were bad and had to be ordered through china which can take another 2-4 weeks. Paid $500 for labor and travel.
Had another authorized dealer recommended by Ameristar who apparently ordered another mother board 2 weeks ago and no word from them either.
Right now I have no other option but to replace the unit with a new unit since no one seems to take responsibility including the installing dealer or Ameristar. Had to close my clinic due to extreme heat and humidity w/o the A/C.
If you want to save money and have peace of mind please go with any other company but Ameristar.
Ameristar Units are ALL very bad quality. Its impossible to get a knowledgeable technician out who can diagnose the issue. I wish there was a way to provide negative stars. Never had such a bad experience.
BA
Barry
Run. Scammer
Run. Same guy as did the Driver Loan Investment Club. Look up the CFPB case. This guy belongs in jail. Several people have called the banks he supposedly works with and they said they have no record of him. It's taken us a good 4 years to get our money back. I really hope Angelo Sargent goes to prison and has a bunkmate/boyfriend named Bubba.
Response from AmeriStarApr 10, 2024
This has nothing to do with AmeriStar. AmeriStar is an SEC and FINCEN registered entity with a spotless record.
We are sorry that you lost money in with a different investment firm, but that firm has nothing to do with AmeriStar, nor does the party you mentioned have anything to do with AmeriStar.
Furthermore, we replied to you asking you for any communication, correspondence or contact you have had with AmeriStar. You have not replied to our messages, nor Trust Pilots. This is not an authentic review.
SB
Soumya B.
As expected, Lies, Lies and more Lies
Here we go again, try to flag the person's honest review and if that does not work, reply with a truck load of lies and false accusations. Every reply you guys post to suppress my reviews, you add a bunch of more lies. Right now you have so many lies packaged in that it sounds downright ridiculous. Before coming up with your bunch of lies that includes mentioning about identity theft, at least check that my identity has already been verified by Trustpilot with my ID. You can post any garbage about anybody on your website, nobody cares, it's your website, are you guys that dumb or you think all other folks in this world are that dumb ? Goes to show that when you keep lying continuously, you easily expose yourself.
You guys threatened me with litigation earlier and now you guys mentioned filing police reports. I off course know those are big fat lies but if it turns out to be true, you guys would be doing me a big favor. I have all the evidence that I need via our email conversations to expose your lies. Now go try and flag this review, let's see how that goes for you.
Response from AmeriStarMar 12, 2024
This party stole the identity and bank information of another person. The party then attempted to fraudulently transfer $5,000 through AmeriStar, to another bank account. Our compliance and Plaid integrations stopped this transfer.
The part continues to post reviews on websites in hopes that we will release the stolen funds back to him. FINCEN SARX, and Police Reports have been filed. For more information, see our Fraud Alert posted on our website.
FRAUD ALERT:
https://www.ameristarinvestment.com/_files/ugd/276975_a1ec0348c8d941b4acaae7cf8908321d.pdf
JF
Jeremy F.
Proof this company is fraudulent!
Please see below for proof that this company is fraudulent, STAY AWAY!
They claim on their Sample Prospectus as of 1/4/2024 that their Director is Therese Hoard. I called Therese Hoard personally, whom I found easily - this name is extremely unique and there's only ONE to be found online anywhere! - and she has NEVER heard of Ameristar - which is also in Wyoming, just like her. Notably, Therese works for a company in which her job is to act as a board member such as director etc. for various OTHER businesses in the state of Wyoming, so seeing her appear as a director of Ameristar is what you'd expect given her job. They likely saw she offers this service in the state in which they're registered, and used her name without her consent.
Furthermore, there is incredible inconsistency in the answers from different representatives at different times. When I spoke with Michael Bestenbreur, Senior Associate, he stated the 'CEO' is Eddie Britton. Their sample prospectus states the CEO is Roderick Frietes. When I mentioned this discrepancy to Michael, he said there's no error, Eddie is the executive and SEC compliance conduit, and both are listed on the SEC filings. I do see both of them, as well as Therese on the SEC filing as 'director'. When I called in, one representative said the CEO's name is 'Chris', and I asked what his last name is, but he said that information was confidential - since when is the name of a CEO of a public-facing company confidential?! And how come his name appears nowhere on the SEC filing?
Michael had also said that the company has been offering this particular investment - the CD combined with the Regulation D offering - for 1.5 years. Yet when I go onto the SEC website looking for securities by Ameristar, I only see one filing - from August 2023. It's illegal to not register with the SEC for such investments, so if they were doing this for 1.5 years, they'd be in breach of the law for lack of SEC registration. Additionally, they have only been registered as a business in Wyoming since July 2023.
Michael had also told me that the CD would be registered in MY name - yet on the sample prospectus, it clearly states the CD would be registered in the name of Ameristar.
After consulting with Michael by video call, I asked him several questions by email, which he answered at first then passed me off to an associate to continue answering my additional questions. At first it looked like they were going to answer my questions, but then they said I'd need to provide status showing I'm an accredited investor in order for them to answer these questions. This despite the fact that Michael was answering my questions at first without once asking to first prove my status. It wasn't until I asked questions that might invalidate their legitimacy that they demanded this. They sent me an accreditation form which requested sensitive info like my social security number. When I declined saying I'd do that after having my questions answered, they said that they used an independent company which showed that I did NOT meet SEC accreditation requirements and they were declining to answer more questions because of this. I don't know how it's possible to determine this using only my name and email, and their supposed determination was incorrect in any case. Nevertheless, the questions I posed were valid questions intended to vet the company to determine legitimacy and would not legally require one to be accredited before answering - this is necessary before actually investing, not for providing information. For example, I requested them to provide proof of their relationship with Citizen's bank that would allow this Regulation D offering, whereby Ameristar deposits my funds into the bank as a CD which would act as a 'courtesy deposit', in exchange for the bank granting a loan to an otherwise unworthy lendee applicant, who pays Ameristar a percentage for this service. Another question was to show me the company or website they use to find their borrowers, who would be an essential part of their investment strategy. No link to such sites are found on their Ameristar website, which I'd expect to see if they were actually soliciting borrowers. They claim they have a long waiting list of borrowers to fulfill their investment needs.
Finally, they have a facebook page, which as of 1/4/24 has 25 'five star' reviews - all posted within 6 minutes by people with names beginning with 'Msr' and Mst' - this is how they write Mr. and Ms. in South Asia - obviously fake reviews. Which of their 5 star trustpilot reviews are from verified users? None! Addendum: their reply falsely states I'm a personal trainer, that I own Maximum Velocity athletics, that I took down an Instagram account, that I continue contacting them and that I deleted a previous review - all false
Response from AmeriStarJan 25, 2024
Jeremy,
This is the second review that you have posted, the first one you deleted after we responded to it.
We are sorry that we would not let you open an AmeriStar account, however you are not an accredited investor. You are a personal trainer that owns Maximum Velocity Athletics to train high school athletes. This great, and we fully support you!
However you do not meet SEC accredited investor status. Unfortunately you continue to call and harass our office. Contact the SEC to complain about this, not us. As we have told you, we will soon be launching a Regulation A investment that non accredited investors can invest in.
Update- We seem to have embarrassed you by calling you a personal trainer, as you have taken down your Instagram Page; https://www.instagram.com/mva.services/
https://www.mva.services/site/contact
This was not our intention and we apologize for that. We were simply trying to explain that you do not meet SEC Accreditation Standards. We think what you do is fantastic and a great service to the community.
Have a good day-
UPDATE- 02-03-2024; AmeriStar has issued a Cease and Desist Letter to Jeremy Fischer of https://vitalityintegrative.com/ for repeatedly harassing AmeriStar employees after being denied an AmeriStar account. Such Cease and Desist can be viewed at https://www.ameristarinvestment.com/legal-actions .
DA
Dean A.
**RED FLAG WARNING**
I agree with the review by Noel. There are just way too many red flags about this 'company'. I too had a zoom meeting scheduled. That did not work for some reason so we had a telephone meeting. I was so close to transferring money and opening an account with them. It just so happens that their website had a glitch that they couldn't explain so my transfer thankfully wasn't completed. I did a full SEC search and they cannot be found. The SEC numbers they have listed at the bottom of their website are meaningless. The only reference comes back to a similarly named company in Wyoming. As the other reviewer stated, if you ask for any company officer information, the representative will get very defensive and tell you to check the website. The website seems very professional but it's screams copy and paste fraud. I've checked with the banks that they mentioned that they do business with and these banks have never heard of Ameristar Investments. Googling the company returns no results. I would think than any financial company would be more than transparent with their corporate and contact information. I have email proof of my conversations with their representative so I hope that they don't respond to this review denying my existence or the validity of my review.
Response from AmeriStarDec 19, 2023
Hello Dean,
We are sorry that you had a negative experience with AmeriStar. Investing with us is not for everyone, if you do not meet SEC requirements for accredited investors some programs may not be available to you, nor will you be allowed to open an account.
We wish you the best of luck on your investment goals!
NC
Noel C.
SCREAMS FRAUD !!!!!
I had a very strange interaction with this "company". The Zoom call wouldn't work so they converted our meeting to a phone conference. That call appeared to come in from Florida but was marked as a "spam" call. When I pointed out that I heard a "beeping" sound every 10 seconds, the person admitted that he was calling from the Netherlands. When I told the person that I was suspicious, they had no answer. If you call the number on the site, you will likely get an AI robot that claims to be a person. The video reviews on the site seem completely contrived. Trust Pilot reviews seem fake. Not accredited on BBB. If you can get someone on the phone, they won't tell you who the CEO is. They tell you to refer to the website. There is not one officer listed on their website. They won't provide any references. I have vetted and use many alternative investment platforms. This has all the red flags that scream fraud. IF YOU ARE A REAL COMPANY, BE TRANSPARENT !!! THIS IS A COMPLETE FAKE !!! Perform your own due diligence and draw your own conclusions. BEWARE !!!!!!!
Response from AmeriStarNov 13, 2023
An individual claiming to be a Noel Collins called into our office. Upon further due diligence, the party claiming to Noel Collins, was not Noel Collins but a man named Stacy. This party appears to be engaged in identity theft or elder abuse. As registered FINCEN MSB, we have filed a Suspicious Activity Report;
Type: SARX
Receipt No.:SX23-00388491
Filing Name: AmeriStar LLC