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containers money investment scam returns phone income contract container emails
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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
  • Fraud
  • Unfair contract
  • Money gone
Reason of review
Not as described/ advertised
Loss
$250000
Preferred solution
Full refund

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
I have tried to speak to get an explanation. none to satisfy me. do not give your hard earned money to pacific tycoon. they will get their own karmic punishment for their actions. when it comes they will see the consequences. be extra careful and I would appreciate...
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5 comments
Anonymous
#1536316

Did you open a case against them ? I will be happy to join you

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ID
#1074089 Review #1074089 is a subjective opinion of poster.
Reason of review
Problems with payment
1.0
Details
I bought only one container back in September 2015 and one agent from PT call me a month later saying they have a promotion...they wanted me to buy more. Thank God I did not. They sent me a return for a few months and then nothing...M.Jack Lam send me this in September...
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ID
#1073645 Review #1073645 is a subjective opinion of poster.
Cons
  • Please do not touch
  • Thieves
  • Fraud
Reason of review
Problems with payment
Loss
$2700
Preferred solution
Full refund

Six months poor retutns

No more, this company is a rip off and now flying to Hong Kong to get my initial investment back, Don't even think about investing with them, complete scam.
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1 comment
Anonymous
#1354440

I used to work for them in Vietnam, they printed out certificate using normal printer with random series numbers!!!! Not even real, they set up offshore account to transfer money from their trading account to Vietnam under a vietnamese person and repay clients' interest by addition 'revenue'. Totally a ponzi scheme

ID
#1067084 Review #1067084 is a subjective opinion of poster.
Service
Pacific Tycoon Investment Service
Reason of review
Problems with payment

NO RETURN FOR 12 MONTHS

1.0
Details
I purchased 3 containers, in October 2015, then after 1 year, they Pacific Tycoon, decided to tell me, to move them, so they took them 3 back, but gave me 4 new one's,this was in October 2016, then i rang them up in December 2016, and asked them how was my account going, they said your account is going very well, then when i am to get my Quarter Payment, i get ZERO-DOLLARS, in my account,in MARCH 2017, surprise, surprise, I then ring them up to see what is happening with my account, and they said, " you didnt return the PINK copy with your signature on it "but i RANG them up in December, to see how everything was going, and no one said anything about, not returning any paperwork, they said everything is fine with your account, when in fact something was wrong with my account, So why didnt i get told in December 2016 that i hadnt sent back the PINK slip, i then got told you will have a RETURN in MAY 2017, and guess what happens, surprise, surprise, i have NO-PAYMENT in MAY 2017, and in fact i have not had a RETURN since JUNE 2016, it is just TOTAL-***-***, nothing else can be more TRUE than that, TOTAL-***-***, i just want to say, NO ONE INVEST YOUR MONEY WITH PACIFIC TYCOON, its as good as DEAD MONEY, it is just TOTAL-***-***
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ID
#1050679 Review #1050679 is a subjective opinion of poster.
Product
Pacific Tycoon Account
Reason of review
Problems with payment
I too am a victim of this Container Scam. Legal action in HK is worthless. These people have all the money and business offshore. If they are going to steal the life savings of ordinary people then the only way is to get them personally. Step1: notify the British...
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7 comments
Anonymous
#1425721

I'm in simillar and worse situation since i have 74 containers with no returns since July 2016. I have sent them lots of emails, had endless number of calls and been requesting for buy back but for sure no results since 3 months as they claim they are searching for potencial buyer.

I will be going to HKG next week and i will try to find a proper lawyer to raise a case against them in the court.

Any advice or experience with this company can really help my case. please keep me in loop and my email is mohammed_a1978@hotmail.com

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ID
#1043671 Review #1043671 is a subjective opinion of poster.
1.0
Details
This is absolutely true. I initially thought of buying 6 containers looking at their website luckily I brought one container. The payments were very cheating from the first month itself. By that time, I was too late. It has been 3 years. For the cost of 1 container...
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1 comment
Anonymous
#1325563

The other suggestion and strategy which is similar and gets results, if P.Tycoon owes you money and you know its not coming (6months overdue is long enough), do what is done in the UK or Aus, go to a HK DEBT COLLECTOR and do a deal. Give them a copy of the contract and proof of the debt outstanding, names and all details and let their heavies do the work.

This will cost a fee however it stops Ted from getting away with the lies and you will see a result as will Ted and others get the message.

This is legal and will work, don't hesitate. Get into it !

ID
#1026797 Review #1026797 is a subjective opinion of poster.
Service
Pacific Tycoon Investment Service
Cons
  • Scam
  • Fraud
  • Lies
Reason of review
Not as described/ advertised
Loss
$3900
Preferred solution
Full refund
Pacific Tycoon - Fraud!!
Hello there I have four containers with Pacific, and since July last year (2016), I have received no funds. I was promised the usual, i.e., we are redistributing containers and need new contracts and was promised re-establishment again in Jan 2017 as containers were...
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3 comments
Taitum
#1844397

Hi there, Same here, I bought some through Mark champion, after one year, payments stopped. any update? thanks.

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ID
#1016115 Review #1016115 is a subjective opinion of poster.
Service
Pacific Tycoon Investment Service
Cons
  • Thieves
  • Scammers
  • Shocking
Reason of review
Problems with payment
Loss
$11300
Preferred solution
Full refund
I have just read a stack of people reviews and it certainly makes me feel extremely uneasy. I am an investor as well and we are trying to sell our containers through the buy back scheme and they have just stopped replying to our emails and I cant seem to reach them via...
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56 comments
Roderic
#1921626

I have been trying to get my money back from Pacific Tycoon since 2018 with no joy. I have telephoned, emailed, so if anyone has been successful in getting your money back please let me know

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ID
#1014002 Review #1014002 is a subjective opinion of poster.
Service
Pacific Tycoon Customer Care
Reason of review
Problems with payment
Preferred solution
Full refund