Charter Investments, Inc.
The California Department of Business Oversight has been notified that Charter Investments, Inc. is offering purportedly high-yield certificates of deposit without a license to consumers on its websites, www.charterinvestmentsinc.com and www.charter-investmentsinc.com. This company lists its telephone number as (800) 580-9926, and its address as 8383 Wilshire Boulevard, Beverly Hills, California. The Department is unable to locate the business at its reported address.
Charter Investments, Inc. is not licensed by the Department to act as a broker-dealer. Nor is Charter Investments, Inc. licensed as a bank by the Department.
The Department advises consumers that using a licensed broker-dealer affords protections under state law related to disclosures, fees and protection of funds, and provides recourse should there be a dispute with the broker-dealer.
California consumers should contact the Department of Business Oversight to check the licensing status of companies, investments or other financial services they are considering by visiting the financial services licensee listing or calling us toll-free at (866) 275-2677.