Colonial Metals GroupReviews of colonialmetalsgroup.com

We are still waiting for our precious metals from March

My 85 year old father was convinced to cash out his entire IRA a year and a half ago. While he did receive the coins, he lost half his money in commissions. Now we are trying to figure out his RMD and learning the coins he was sold really don’t have a resale market. He was promised a buyback at the purchase price…. Tax savings, blah, blah, blah. We were told by the custodian that Colonial Metals is out of business and so the promised buyback is not possible. Awful company. HUGE scammers. Would like a class action lawsuit!

I attempted to set up a Roth IRA account, via Colonial Metals Group and their chosen Trustee, Equity Trust. I had $50,000 wired to Equity Trust and they claim they sent that to Colonial Metals Group. I have never had any gold purchased. There were no communications after my money was sent. BTW, their prices turned out to be totally misrepresented. But that doesn't matter, because they took my money and the law firm representing them says they have no idea where my money is or if gold was ever purchased. At this point, it looks like they stole $50,000 from me: stone cold theft.

I purchased gold and silver in August 2024. After doing this, I had difficulty contacting any of the contact numbers and persons i was given to talk to.... Today I am trying to call all the numbers...they are unavailable....numbers not in service. I believe CMG is a scam

I have made the biggest mistake of investing here. My money is stuck with them as they have refused me the access to it. Karma is real and will catch up soon. Getting to know about Way⁠Mine has been a dream come through. No more delays, and they do actually pay.

My elderly father bought gold and silver from then and they still have not delivered the metals. They refuse to answer his phone calls or emails. They refuse to return phone calls either. Horrendous customer service. Scam artists!

Colonial Metals Group took $100k of my money, and promised delivery, but indicated it would be delayed due to the rush of new orders they were processing. It is now 6 months later, and no metals in my account. And every phone number I had to people in the company is now out of service. Major Fraud here. Don't do any business with them .

My bank, Chase, would not allow me to wire money to Colonial Metals Group but they couldn't provide an explanation other than it was prohibited by the bank. I checked the website, looked at the reviews and found no indication they might be going under. They suggested I send a check which is what I did. I sent a $30K check to CMG. Once they processed the check, I placed my order on August 15 through Paul Gomez. I received a receipt and was told they were back logged due to high volume. I called every day for the past week, several different numbers, some disconnected. Main number is disconnected. Left several messages. Sounds like a fraud and they're out of business. I entered this transaction based on the company's association with Jeanine Pirro and Larry Kudlow. People of influence should be held accountable if they were paid for promoting the company.