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Danenport Laroche Containers and Pacific Tycoon are web-pages created by the same scammers. When I returned a telephone call after an inquiry I had made to Davenport Laroche someone answered the phone as Pacific Tycoon. Then I understood that they are the same. Its...
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ID
#1253194 Review #1253194 is a subjective opinion of poster.
Reason of review
Poor customer service
Pacific Tycoon and DavenPort Laroche are the same companies. Its a scam run from Saigon, Vietnam. You have to contact the Vietnamese authorities or hire a private investigator to find them in Saigon... People will receive some income the first month of their investment...
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9 comments
Anonymous
#1572573

I purchased 7 containers from Pacific Tycoon (5 in 2015 and 2 in 2016) The income was as promised at first.. but after 10 months stated to drop dramatically and is now literally just a couple of dollars per month and has been for a few years.

During this period Pacific Tycoon transferred my contracts to Davenport Laroche as they said they had some financial regulatory issues with the UK and this would solve the problem. I decided to take advantage of the buy-back contractual condition (at the 3 year anniversary of the 5 I purchased 23rd August 2015). There is a lot of speculation on the internet as to whether Pacific Tycoon and Davenport Laroche are the same entity (in practice). There is also a lot of speculation as to whether both companies are operating a Ponzi scam.

So here is an opportunity for anybody speculating to follow my case. I will updte thi swvery Tuesday.. so you can judge for yourselves – Buy-back request 23rd August 2018 – Acknowledgement 25th August 2018 after a few chasing phone calls – Chasing phone call made on 7th September to get update – was told that I would have to be patient as the 5 containers were sublet and Davenport Laroche did not know the expiry of the sublets. Chasing phone call made on 7th September to get update – was told that I would have to be patient as the 5 containers were sublet and Davenport Laroche did not know the expiry of the sublets.

Chasing phone call made on 7th September to get update – was told that I would have to be patient as the 5 containers were sublet and Davenport Laroche did not know the expiry of the sublets. Chasing phone call made on 21st September to get update – was told the same.. I asked when they would know the payback date.. they replied hat I would have to be patient.

Watch this space! Type your message here

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ID
#1203766 Review #1203766 is a subjective opinion of poster.
1.0
Details
I have 30 containers . Havent had any income for over 2 years now. Cant get in contact with anyone when I call the office. Ted is not answering his phone or emails, . Still getting the invoices sent to me by Jack Lam. Would like to meet with others who would like to...
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4 comments
Anonymous
#1815737

HI, you could try a company called Reclaws International based in the USA or Payback Ltd based in Israel. They both require money up front and will take a percentage of monies recovered.

I cannot as yet recommend these companies but have been in touch with them. You will have to suss them out, read all the reviews you can about them before making a decision.

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ID
#1194336 Review #1194336 is a subjective opinion of poster.
Service
Pacific Tycoon Shipping Container Investment Service
Cons
  • Scam
Reason of review
Poor customer service
Preferred solution
Full refund
Pacific tycoon shipping company containners
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9 comments
Anonymous
#1806720

HI, also I believe scammed and so am going with a company called Reclaws International to try and reclaim some funds. They will take some money upfront and then 10% of whatever funds they recover. You will have to speak to them and make your own assessment.

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ID
#1167460 Review #1167460 is a subjective opinion of poster.
Exactly the same experience as many others, starts of well and good communication from the staff , after a year or two returns are systematically and greatly reduced and in some instances ...no returns. They now enter into very poor communication , if trying to sell...
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ID
#1166978 Review #1166978 is a subjective opinion of poster.
Service
Pacific Tycoon Customer Care
Reason of review
Poor customer service

Pacific Tycoon - They are fraud and scam

They are fraud and cheater. I have been calling them from last 7 months. Sometimes they pick up sometime they don't. They are not giving my container money. I'm planning to complain to the state soon so that they get penalized. Don't invest your money here!!! Your all money will be gone.
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ID
#1150908 Review #1150908 is a subjective opinion of poster.

Pacific Tycoon - It’s a scam !!!!

1.0
Details
I invested in 30 “ containers “ about 4 years ago first 2 years ok but after you get about half your investment back it drys up and they try to get more money out of you, try to sell them back but then the exused started ! There are no containers !!!!!
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ID
#1145795 Review #1145795 is a subjective opinion of poster.
Service
Pacific Tycoon Shipping Container Investment Service
Reason of review
Problems with payment
1.0
Details
Hi I have invested into containers via this company.At the start it was ok but since about 3 years it's all upside down,barely no return and the worst no money back to my account. I did some research and it looks like it's a scam, they have no contact in Linkedin,no...
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3 comments
Anonymous
#1762410

I feel even worst. 92 grand invested.

They've been lying to me now for over 5 years. Your containers are here, here and here. I told the girl to save her lies last time and she hung up on me. Emailed again.

Still waiting to hear there lies again. How can I give up on that much loss. They just called and same crap. No news on my containers that were suppose to sell at auction 2.5 years ago.

Really! What a surprise.

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ID
#1136897 Review #1136897 is a subjective opinion of poster.
Service
Pacific Tycoon Shipping Container Investment Service
Reason of review
not paid at all
Loss
$15000
1.0
Details
My experience is sadly similar to many others. Initially I got good returns and then I was told that the contract had terminated and I needed to buy more containers in another region to maximise my return. I said I wasn't interested in buying additional containers...
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3 comments
Anonymous
#1713859

I would be interesting to look into pursuing these people legally. I'm not sure if anyone on here has legal expertise in these types of matters and can advice accordingly.

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ID
#1122689 Review #1122689 is a subjective opinion of poster.
Reason of review
Bad quality
Loss
$4100
Preferred solution
Buy back the container or deliver it to me
1.1
Details
Income started off strong and the abruptly disappeared. Complaints led to a token trickle of money each month (think 1%pa instead of 30) and mounting losses. On the exit, it looks rosy because they offer to buy the 'containers' back at the purchase price. In reality...
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3 comments
Demontae
#1622558

Hi, I have 5 containers and to start with the returns were good and then dropped off a lot. After the 3 years I asked for the money back and they basically said it would take about a year. I have to say I am nervous but at the same time when phoning they are always courteous and helpful.

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ID
#1110679 Review #1110679 is a subjective opinion of poster.
Service
Pacific Tycoon Leasing
Cons
  • Thieves
  • Unfair contract
  • Money gone
Reason of review
Not as described/ advertised
Loss
$250000
Preferred solution
Full refund

Pacific Tycoon - Complaint

It is a rubbish company dont invest with them after few months they stop giving you profit and you start biging for the money invested can anybody help me to recover my investment and report them to authorities
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ID
#1108764 Review #1108764 is a subjective opinion of poster.
Service
Pacific Tycoon Investment Service
Reason of review
Problems with payment
Scam of the 21st century Please stay away from these bunch of idiots. There are no containers full stop. i have luckily only invested in one container about 4years ago even though was tempted to invest more (thanks God). now since March2017 i have been told so many...
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1 comment
Anonymous
#1521280

Great to read the reviews as i have been looking at this company for a while and was thinking of investing in them , now it seems from when i last reveiewd them something has changed drastically and i will no longer entertain them

ID
#1106289 Review #1106289 is a subjective opinion of poster.
Service
Pacific Tycoon Investment Service
Reason of review
Problems with payment
2.0
Details

Update by user Aug 16, 2017

PT at the beginning (the first year) gave good returns and everything was as described on the contracts. They called me every month if I have any issue and every two three months asked me if I would like to get some more containers. The problems start when they called...

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7 comments
Anonymous
#1806722

You could try contacting Reclaws International (USA) but you will have to speak to them and make your own assessment. They want some money upfront and will take 10% of all monies recovered.

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ID
#1088233 Review #1088233 is a subjective opinion of poster.
Service
Pacific Tycoon Investment Service
Cons
  • Being ripped off
Reason of review
Poor customer service
Loss
$40
Preferred solution
Full refund
Have I been scammed or ripped off We have set this site up too see if you have been scammed or ripped off by Pacific Tycoon, I and few close friends have invested with them , only to find that's things are not going as planned & lots of promises broken, we would like...
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1 comment
Anonymous
#1353680

This Facebook Group - Pacific Tycoon Investors Forum - already exists, with 160 Plus members, most feel they have been scammed. It would appear this is a Ponzi Scheme.

You might like to join. https://www.facebook.com/groups/214739772256296/

ID
#1078118 Review #1078118 is a subjective opinion of poster.
Service
Pacific Tycoon Investment Service
Reason of review
Poor customer service
Loss
$10
2.1
Details
My contract over passed the 3 years back in March, which mean't I could sell back at 100% the inital investment. I still have not recieved my money, they keep pushing back the date. There is no explanation that makes sense only, there are checks that are needed etc...
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3 comments
Anonymous
#1806724

Try Reclaws International (USA) they will take money upfront though and then take 10% of all monies recovered. You will have to speak to them and make your own assessment.

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ID
#1076263 Review #1076263 is a subjective opinion of poster.
Service
Pacific Tycoon Investment Service
Pros
  • Inital returns
Cons
  • Do not reply to my emails
  • Have not paid me on time
  • Returns declined after 18 months
Reason of review
Bad quality
Loss
$27300
Preferred solution
Full refund