Pacific Tycoon
Reviews and Complaints
Pacific Tycoon Scam Do Not trust
My personal experience has been negative.
Pacific Tycoon was good for the first year of investment.
Then Pacific Tycoon starts calling every two months to try to make you buy more containers.
Firstly the Annual return figures dropped.
Secondly the payment stopped for me too.
Pacific Tycoon are saying it can take up to 6 months to reposition the containers. OR they said $1000 per container to get me another contract.
This means the annual return is not really 25% is about 10% to 15% if I have to wait six months.
I am doing my best sell my containers back to Pacific Tycoon.
Pacific Tycoon definitely a Scam and I would not trust them.
- Theft
- Scam
- Lies
Preferred solution: Full refund
Pacific Tycoon - Investment Service Review from Celebration, Florida
Pacific tycoon is a scam. I visited them on September 6th without advising them.
The building address was located but their office was nowhere to be found. I checked the directories and nothing. I had spoken with a few commercial owners within that building and they advised me that they were scammers. They told me that there is absolutely no containers out there.
Its all a front. You would invest your money for nothing. They would pay you back a decent return for the first couple of years using your own money! There is no such thing as selling back your containers as they wont pay you back your initial investment.
I've also spoken to a fellow named max who was working for them as a administrator. He told me that this was not a company. It was a boiler room with 3 people operating this scheme. There have many different names but the same person would respond to the emails.
They are no longer paying out and have taken all the investment and thus the reason Max is no longer an employee. i was stunned!
DO NOT INVEST YOUR MONEY! If you have already invested as I have, I honestly doubt any funds with be recouped.
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Verified Reviewer | Montreal, QuebecResolved: Pacific Tycoon Customer Care Review from Montreal, Quebec
Stop lying to people. You all work for this so-called Pacific Tycoon to give a professional image to more and more victims.
I paid for one container on last February and never received income. My emails are still not answered. Sent to Daniel BLAKE, Marie HAMILTON and Jack the 'accountant '.
Even in the Facebook page you answer quickly just to give a professional image . You can chat with me by Whatsup at +151******** if you want physical proofs.
Pacific Tycoon hugh SCAM
After receiving payments starting in April 2015 which were showing a 28%Roi they started getting lower till December when I contacted Carolina from Pacific Tycoon she stated that they my container's were in the process of getting re positioned .Till we received our last statement on May 23 2016 and our statement should 0 % Roi when I picked up the phone and called her she again told me they were getting re positioned and we wouldn't receive any money till July or August 2016 when I told here that she had said they were getting repositioned back in December she said she didn't remember that emailThen she went on to say I could switch my containers with ones that were already in China and making income for a small fee of $500.00 us when I declined that and asked were are our containers she said they were some were in transitAfter that I asked her if we could sell the containers back to them she said we couldn't and that if they did buy them it would be for less the market value and she would look into and get back to me .Its been now 1 week and 7 emails and 10 phone calls and no responds I have emailed here Jack Lam , Daniel Blake ,Gregory Canaris I truly had a feeling after December 2015 and doing more research that this was A HUGE SCAM AND THE PYRAMID SCAM WAS STARTING TO CRUMB.ANYONE OUT THERE THAT IS THINKING OF INVESTING IN CONTAINERS DONTDONT BELEIVE IN THOSE SITES THAT TELL YOU THAT THEY HAVE INVESTED AND ARE DOING WELL WITH THEIR INVESTMENT ITS PACIFIC TYCOON PAYING PEOPLE TO BUT THAT INFO ON LINE GO TO RIPOFF REPORT AND LOOK THEM UP ITS ALL TRUE WHAT THAT GENTLEMAN REPORTED
- Scam
Preferred solution: Full refund
Join the group to complain
- Interest rate
- Excuses
Preferred solution: Let the company propose a solution
Pacific Tycoon - Investment Service Review from Sydney, New South Wales
I purchased 5 40 ft containers May 2015. Payments have been made up to March 2016 and nothing at all since.
Pacific Tycoon has given no explanation as to no payment. Someone from the 'Beijing' office ( if that exists ) rang me and requested more money to continue the investment.
The situation is not at all professional and I don't know what to do. Malcolm Jeffries in Australia ph 043868****.
Pacific Tycoon - Customer Care Review from Montreal, Quebec
Unhappy customer not receiving monthly returns that reflects the number of Containers owned.
- Lies
Requested buyback
Have quite a number of 'containers' with Pacific Tycoon, with income until the start of this year. Have been patient to a fault, even when the explanations for missing income became farcical.
On one hand, there were income statements with no income and at the same time, PT-branded emails were indicating the problems lay with the banks. Couldn't get a straight answer about why no income.
Have now requested buyback of all containers and will see how it goes. They are not even pretending by using internationals for contact at the moment, just the Vietnamese ladies are answering the phones.
A lot of dread mounting but let's see if there is anything to be salvaged from this situation. It would be nice to think that this comment could be removed in a little while because things were resolved.
- Excuses
- Scam
- Lies
Preferred solution: Full refund
Looking more and more like a scam
Investment
I have not received payment since May 2016, I am email Caroline and the rest of the team , but no reply.. Im getting worried about my money , I have 63 containers and put all my money here.
I started 2013 and lately the payment is getting late or behind.. I asked them why but they telling me about the Panama scandals.. I am calling them but they dont pick up the phone anymore. Please if anyone receive the payment let me know so I know what to do.
I dont know if I will get my money back.. very worried.
- Customer service
Preferred solution: Full refund
Just excuses
guys has anyone got paid since april? they just ask if you have account elsewhere when you give they will tell you oh no even this country is effected by panama scandal.
I have contacted them several times but they just give you bull *** excuses that Panama scandal is affecting them whereas its not a matter at all. they are just passing time. they just keep repeating the same things if they really want to pay then they will find a way to pay.
has anyone visited their office or is there any other way to solve this problem. I think people should write reviews about them more so they will realise
Preferred solution: Full refund
Pacific Tycoon - Investment Service Review from Ottawa, Ontario
I have invested 10 containers and have been paid every month until a couple months back. They no longer respond to any emails I sent them.
The worst part is that I've referred 2 very good friends of mine to pacific tycoon who both invested 5 containers each. None have been paid. No statements, no communication.
This is clearly a scam. They've taken our money and fled.
Pacific Tycoon - Review in Financial Services category from Centurion, Gauteng
It is a Ponzi scheme. Now they don't have any more money to pay anyone so they are coming up with various reasons as to why they cannot pay the returns to their clients.
Nobody received their payments in April and May 2016.
Pacific Tycoon Shipping Container Investment Review
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The Pacific Tycoon Scam Pacific Tycoon Scam act is easy to pull. The thought here is to enter a developing industry by renting high return delivering compartments to businesses in Asia or elsewhere tax-exempt.
Total fraud. Check the serial numbers on your containers. They don't exist!
I don't know about being a scam, but definitely not satisfied with the end results. Just like you, first year was good and then gradually slowed down to nothing.
Now I try to contact them and there is no one answering me since I decided to sell my containers. I lost trust in them and I wish I will be able to get my money back.
Totally dodgy - avoid, same thing has happened to me. Luckily on bought one container. Don't fund criminal pacific tycoon !!
yes same thing happened to me ,bought 2 containers every thing good first year bought 2 more received nothing this year at all i think we have been scammed
I bought 1 container ; I have not received any payments over nearly 1 year
All I have received is weird excuses by e mail & by phone .
Every time a different person speaks to you from the company - each one will contradict the other thereby causing confusion .
It is a total scam .