Zecco is a SCAM

[Mango]

Basically the brokerage advertises $6.95 trades for penny stocks. I bought and sold successfully a dozen or so times times. Most recently I bought a stock with the ticker CGFIA. I bought 330,000 shares on 6/27 for $198 Total, then another 300,000 shares for $150 total on 7/19. On 7/25, less than a week later, I put in a sell order and the sell and several days later found the order was rejected, I was never notified of this.

On 7/29, I put in another sell order, I checked back later, and it was also rejected with no explanation or email or message, nothing. I wrote Zecco an email, and was notified that the stock can no longer be traded through their website, and that a $200-700 brokerage fee will apply and the stock can only be traded over the phone. So as it stands I'm stuck with about $350 worth of shares that can not be traded without an outrageous brokerage fee that was never mentioned when I bought it (and I've even sold this stock in the past online through their site in prior weeks). This is a complete scam!

I wrote my bank an email and may try to dispute the ACH deposit. If they can not help me, I'll be reaching out to the BBB and perhaps a lawyer friend for advice. Any suggestions?

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