AmeriStar Reviews 39

TrustScore 2 out of 5

2.2

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Rated 1 out of 5 stars

I have had the compressor replaced twice and 2 capacitors.. I’ve had issues with this unit within 2 months of purchasing home .. the associates are rude no one wants to assist or take responsibility i... See more

Rated 1 out of 5 stars

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... See more

Rated 1 out of 5 stars

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 o... See more

Company replied

Rated 5 out of 5 stars

I'm very happy to share my wonderful experience with AmeriStar High Yield Certificate of Deposit Program! This program, it's like hidden treasure, you know? AmeriStar's High Yield CD Program, it give... See more

Company details

  1. Investment Company

Written by the company

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.


Contact info

2.2

Poor

TrustScore 2 out of 5

39 reviews

5-star
4-star
3-star
2-star
1-star

No history of asking for reviews

This company hasn't invited their customers, so reviews may not be representative

Hasn’t replied to negative reviews

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Rated 4 out of 5 stars

Educational Resources for Investors

AmeriStar goes the extra mile in educating investors about their High Yield Certificate of Deposit. The wealth of resources available, from informative articles to webinars, helped me make informed decisions about my investment. I appreciate a financial institution that prioritizes investor education.

January 17, 2023
Unprompted review
Rated 5 out of 5 stars

Reliable Investment Partner

AmeriStar has proven to be a reliable investment partner, particularly with their High Yield Certificate of Deposit. The stability and consistency in returns provide a sense of security.

January 15, 2023
Unprompted review
Rated 4 out of 5 stars

Seamless Account Management

Managing my High Yield Certificate of Deposit with AmeriStar is a breeze. The online account management system is efficient and reliable. I can easily review my investment performance, track interest accrual, and access statements

January 11, 2023
Unprompted review
AmeriStar logo

Reply from AmeriStar

Hi Phillip,

We are glad to hear that you enjoy our investor portal, we are constantly trying to improve it.

Rated 5 out of 5 stars

Competitive Interest Rates

I chose AmeriStar for their High Yield Certificate of Deposit, and the competitive interest rates exceeded my expectations. The returns on my investment have been impressive, and I appreciate AmeriStar's commitment. This is a solid choice for anyone looking to maximize their earnings.

January 9, 2023
Unprompted review
AmeriStar logo

Reply from AmeriStar

Dave,

AmeriStar appreciates you as an investor!

Rated 5 out of 5 stars

A Stellar Customer Representative

Alec, the customer representative at AmeriStar, deserves special recognition for his exceptional assistance. He patiently addressed all my queries regarding the High Yield Certificate of Deposit, demonstrating deep knowledge and professionalism.

January 8, 2023
Unprompted review
AmeriStar logo

Reply from AmeriStar

Howard,

Thanks so much for your "stellar" review! We are happy that we can meet your expectations.

Rated 1 out of 5 stars

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

December 24, 2023
Unprompted review
AmeriStar logo

Reply from AmeriStar

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 .

Rated 5 out of 5 stars

Exceptional Customer Service

I recently invested in AmeriStar's High Yield Certificate of Deposit, and I am extremely impressed with the level of customer service I received. Alec, one of their customer representatives, went above and beyond to address my concerns and guide me through the investment process. The personalized attention and professionalism make AmeriStar stand out. Highly recommended!

January 4, 2023
Unprompted review
AmeriStar logo

Reply from AmeriStar

Jeremy,

Your were application was rejected by AmeriStar, because you are not an accredited investor. Our last email to you was;

Actually, the firm that conducts accreditation checks can do a soft check, with just an email. Legally, its not as if we can just accept an investors word as truth that they are an accredited investor when dealing with a 506(c) issuance. 

We do of course provide our information on our offering, our prospectus is available freely to download on our website. 

Unfortunately we cannot accept you as an investor if we cannot verify that you are an accredited investor. In the near future, we will most likely roll out a Regulation A Offering that will have no such constraints. 

I would advise you to subscribe to our mailing list to be kept informed. 

Your profession is a Fitness Trainer of www.maximumvelocityathletics.com
, which is great, but it also makes you not an accredited investor. We don’t make the rules, the SEC does. We have to follow all compliance regulations.

After we informed you that you could not open an account, we gave you the opportunity to submit a form so that we could attempt to verify your accreditation standards, and you refused. We went above and beyond to try and help you, but its clear that you are not accredited, and therefor cannot invest in SEC Regulation D 506(c) investments.

To any potential investors reading this, it’s quite becoming that all negative reviews associated with AmeriStar, are from investors who were refused applications to open accounts.

Rated 1 out of 5 stars

**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.

November 19, 2023
Unprompted review
AmeriStar logo

Reply from AmeriStar

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!

Rated 5 out of 5 stars

Ameri Focus on high-yield returns!

Investing with Ameri-star is just like a dream-- They focus on high-yield investments, ensuring high returns over investments for their clients-- So considering best financial consultants, I would rate them as 5 Stars!

November 4, 2023
Unprompted review
AmeriStar logo

Reply from AmeriStar

Richard,

Thank you for leaving us a kind review.

Rated 5 out of 5 stars

Their secure AI-enhanced platform makes…

Their secure AI-enhanced platform makes a big difference-- Even a Newbie like me can get complete benefits from investing with them. that's why I choose Ameri for my investment consultant. I would also recommend it to anyone looking to invest with someone who's safe and secure!

November 3, 2023
Unprompted review
AmeriStar logo

Reply from AmeriStar

We love your eagerness to accept our AI platform. It is definitely not perfect, and we still have a lot of bugs to workout. But the general consensus from investors has been extremely positive!

Rated 1 out of 5 stars

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 !!!!!!!

November 13, 2023
Unprompted review
AmeriStar logo

Reply from AmeriStar

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

Rated 5 out of 5 stars

ANAZING RETIREMENT MOVE AMERISTAR!

I NEVER DID THIS COMPUTER STUFF, BUT AMERISTAR MADE IT TOO EASY. I TOOK SOME SAVINGS AND PUT IT IN THEIR THING, AND NOW I'M INVESTING IN USA, WHATEVER THAT MEANS. THANKS, AMERISTAR, YOU ROCK!

September 4, 2023
Unprompted review
Rated 5 out of 5 stars

Wonderful Experience

I'm very happy to share my wonderful experience with AmeriStar High Yield Certificate of Deposit Program! This program, it's like hidden treasure, you know? AmeriStar's High Yield CD Program, it give me the chance to grow my money strong, like bamboo in the sunshine. The returns they promise, it's very good, and I feel my money is safe like jade in a sturdy box. The people at AmeriStar, they very friendly and take time to explain everything, like teacher guiding the path. I feel they want to see me succeed, like family taking care. If you want to make your money grow steady, like lotus blossoming in pond, you must consider AmeriStar High Yield CD Program. I'm very glad I find this, and you will be too!

August 21, 2023
Unprompted review
Rated 5 out of 5 stars

Exceptional Experience with AmeriStar investment

I recently had the pleasure of working with AmeriStar Investment, and I am thoroughly impressed with their services. From start to finish, their team demonstrated a high level of professionalism and expertise. They took the time to understand my financial goals and provided tailored solutions that aligned perfectly with my needs. The communication throughout the process was impeccable. I always felt well-informed and valued as a client. Their transparent approach and attention to detail gave me confidence in every decision we made together. AmeriStar's commitment to excellence truly sets them apart. If you're seeking a reliable partner for your investment journey, I wholeheartedly recommend AmeriStar Investment. Their knowledge, dedication, and top-notch service have earned my trust and utmost satisfaction.

August 7, 2023
Unprompted review

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