Update by user Apr 07, 2013
The monetary loss was over $380,000 not $380.00
Original review posted by user Sep 04, 2010
If Andranik Macrdechian promises to invest money or a high return on investments with Swann or Swannson Investment in Beverly Hills CA, stay far away.He does not make investments nor buys stock, but simply produces fake statements and creates a ponzi scheme.
Contact the SEC and FBI before investing with him to check on any promises or investments he may be selling.
Andrenik Macredchian also goes by Dr. Macrechian and claims to have attended Princeton and Harvard, neither of which have been confirmed.
He does not manage a small nor large cap funds.To date, he has defrauded over 20 people, including senior citizens.