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containers money investment scam returns phone income contract container emails
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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
  • Thieves
  • Please do not touch
  • Fraud
Reason of review
Problems with payment
Loss
$2700
Preferred solution
Full refund
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
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...
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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
  • Fraud
  • Scam
  • 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
  • Fraud
  • Shocking
  • Thieves
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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52 comments
Demontae
#1797713

You could try contacting Reclaws in the USA but they will want some money upfront and whatever they retrieve I believe they will charge 20%. I cannot vouch for them personally but you could look into it.

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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
I bought 5 containers with PT and at the beginning the returns were very good even up to over 18% or so but now the returns have dropped to less than 2%. However they always answer any queries I have and that promptly and actually they have not broken any contract...
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1 comment
Anonymous
#1293447

From what I have read from other people you are stuck in a Pyramid Scheme -

ID
#1013255 Review #1013255 is a subjective opinion of poster.
Service
Pacific Tycoon Investment Service
Reason of review
Good customer service
"Global Container Exchange Pty Ltd "are they one of the same Pacific Tycoon? Smooth talking middle aged gentleman? Who explains the full details of the great container of high quality suitable to furninto a modular home " Global Container Exchange " based in Melbourne?...
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ID
#1005230 Review #1005230 is a subjective opinion of poster.
Service
Pacific Tycoon Customer Care
Cons
  • Being ripped off
Reason of review
none
I was had! It is sad that theses people exist. I know they will get their Karmic punishment. It usually comes in the form of debilitating illness. I am retired and was looking forward to a comfortable retirement, these people and another ATM scam took away my life's...
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3 comments
Demontae
#1622563

What actually happened to me was this, I asked for repayment and they told me it would take about a year! On the plus side though the staff are always helpful and courteous and so I'm hoping for the best!

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ID
#1001745 Review #1001745 is a subjective opinion of poster.
Service
Pacific Tycoon Leasing
Reason of review
Problems with payment
Loss
$33000
Preferred solution
Full refund
Hi Sadiq, I pity you have purchase 5+5+5 containers from this company called Pacific Tycoon. I have purchased one and that was 3 years ago . When I started receiving the returns, I was shocked ! The amount was so meagre, Worse than bank saving account. Then few months...
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ID
#997628 Review #997628 is a subjective opinion of poster.
Service
Pacific Tycoon Investment Service
Reason of review
Pricing issue
1.4
Details
Hi Sadiq I do not want to depress you but to help you I cannot withhold the information that this company called Pacific Tycoon is a scam of fittest . I pity you have purchased 5+5+5 containers . You must be crazy. I have purchased one and 3 years ago and when I...
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1 comment
Anonymous
#1294754

That's sad news that this is a scam- although it sounded too good to be true in first place so shouldn't have invested. Not sure if we can do anything but would like to fight for our life saving till the end of there is anyway.

ID
#997328 Review #997328 is a subjective opinion of poster.
Service
Pacific Tycoon Investment Service
Pros
  • Worse
Cons
  • Fraud
  • Excuses
Reason of review
Bad quality
HI All, I definitely would not recommend anyone to buy from Pacific Tycoon or Davenport Larouche. They are all partner companies and starting several other websites, only to change names of the business. After one year of returns with Pacific Tycoon all payments...
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ID
#996874 Review #996874 is a subjective opinion of poster.
Product
Pacific Tycoon Account
Reason of review
Problems with payment
Preferred solution
Full refund

Short Review on January 03, 2017

1.0
Details
Pacific Tycoon done a sell back deal with me for 5 no containers. I got paid for 4 no and after months have had no response about the 5th. Now my home is at risk and they dont even acknowledge my email. Dismayed Sean
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ID
#984406 Review #984406 is a subjective opinion of poster.
Reason of review
Problems with payment