Show reviews that mention
containers money investment scam returns phone income contract container emails
Filter review
Most helpful review
Pacific Tycoon - The Truth about this Ponzi Scam
Pacific Tycoon - The Truth about this Ponzi Scam
Pacific Tycoon - The Truth about this Ponzi Scam
Pacific Tycoon - The Truth about this Ponzi Scam
Pacific Tycoon - The Truth about this Ponzi Scam
Pacific Tycoon - The Truth about this Ponzi Scam
If you are ever contacted by Pacific Tycoon, telling they purchase containers on your behalf, lease them out for you, promising high returns: either fixed 12% or fluctuating returns averaging 30% per year, you should really be cautious!!! Of course, salespeople will...
View full review
25 comments
Ikaika
#1854627

Every thing you have read is correct , multiple investors , including me , have been cheated with , now clearly a PONZI Scheme ........greatly reduced returns, practically no replies, PT solicitors ..... worse than useless , threating behaviour , taking money for containers with no returns and no reasons for delayed / no payments.......

this is not a creditable company in the least !!!!!

....stay clear !!!! PONZI is the word to latch on too.

View more comments
ID
#448189 Review #448189 is a subjective opinion of poster.
Location
Ho Chi Minh City, Ho Chi Minh
Verified Buyer

This review is written by an individual who has purchased the reviewed product/service and/or confirms being a paying customer of this company. Check our FAQ

Still in operation and scaming investors

1.0
Details
Pacific Tycoon - Still in operation and scaming investors
Update by user Aug 23

After more than 3-years this company still ignore communications and money taken under false presences. SCAM

Update by user Aug 23

Do not respond to your communications.

Original review posted by user Aug 23
I purchased 22- containers ( £15k) through PT 3-years ago to be shipped from South America to Hong Kong where PT would sell them for me for profit .......to date no containers.....no money.... no reason from PT to the issue .... just a scam from day one, if you hear from a Ted Mallory or a Gregory Canaris..run in the opposite direction !;

User's recommendation: Dont touch !!!!

View full review
ID
#2131295 Review #2131295 is a subjective opinion of poster.
Pros
  • Absolute zero
Cons
  • Do not reply to my emails
  • Fraud
  • Have been ripped off
Loss
$20000
Preferred solution
Full refund

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer

Stolen money

I bought 50 containers 2016 rent was good for a year and then dropped to 1-2$ a month. I have been trying to sell them since then. When I contact PT they say they are trying to get the best market value. They did offer me $300 a container but then I would have a large loss. They keep telling me that the containers are around the world. They did tell me back in 2017 that it will take 8 months to get all the container back to china to sell and for that time I will have no rent. I agreed. I few years have passed and they give me the same *** story. I have contacted a law firm in the US who maybe able to help. I mentioned class action but it requires about 40 people. So if anyone wants to join let me know

User's recommendation: Keep right away from Pacific tycoon.

View full review
ID
#2127462 Review #2127462 is a subjective opinion of poster.
Loss
$150000
Preferred solution
Full refund

Not Happy

1.0
Details
Total con. Be wary of these crooks Jack, Ivy and company are dishonest people.

User's recommendation: Do your research first.

View full review
ID
#2072822 Review #2072822 is a subjective opinion of poster.
Service
Pacific Tycoon Shipping Container Investment Service
Pros
  • Nil
Cons
  • Being ripped off
  • Ripped off
Preferred solution
Full refund

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer

Complete dissatisfaction

1.0
Details
My story is just like everyone elses, returns at the beginning then practically nothing, if anyone decides to make a joint bid to get back at these bastards I would be more than willing to contribute, mick.ruellan@gmail.com. Regards....

User's recommendation: Don’t invest.

View full review
ID
#1971023 Review #1971023 is a subjective opinion of poster.
Cons
  • When they take all of your money
  • Are thieves
Loss
$10000
Preferred solution
Full refund

They are thieves and liars.ive money owing like all the rest.now lets form together and do c onstructive action.please contact me On 0466257360 Ron .vandahawk45@gmail.com

They take your money pay a little so you take the carrot get more money then they go into the liar mode from ted mallory .jack lamb carl lee and even their underlings like max now left .they have a solicitor in Brisbane whom im looking for. So contact me and lets stop these criminals .

User's recommendation: Terrible company.

View full review
1 comment
srb
#1913549

I lost a lot too I am in Melbourne so if you want to talk about PT let me know

ID
#1883318 Review #1883318 is a subjective opinion of poster.
Location
Brisbane, Queensland

Your trust is our top priority

  • 100% user-generated content
  • Professional automated and live moderation
  • Zero tolerance for fake reviews
  • Equal Opportunity and Protection
  • Verified content

For more information about PissedConsumer and our reviews check out our FAQ page

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer

UK based scammed investor. PT robbed me out of £10,000 of savings.

1.0
Details
Details would fill a whole BOOK. All I need say here is that *** HAS A PLACE for people/groups like Pacific Tycoon. PT is not a business and cannot be because they are drunk with unholy GREED and the essence of pure EVIL.

User's recommendation: DO NOT HAVE ANYTHING TO DO WITH PACIFIC TYCOON!

View full review
ID
#1873387 Review #1873387 is a subjective opinion of poster.
Service
Pacific Tycoon Leasing
Pros
  • Absolute zero
Cons
  • Thieves
  • Have been ripped off
Loss
$13500
Preferred solution
Full refund

They are a bunch of crooks

1.0
Details
The returns they promised is no where wat they promised.

User's recommendation: Don't invest with them it's a scam.

View full review
ID
#1832156 Review #1832156 is a subjective opinion of poster.
Service
Pacific Tycoon Customer Care
Cons
  • Dishonest representation
Loss
$90000
Preferred solution
Full refund

Don’t buy

1.0
Details
Own 2 containers and had them leased for 3 years where Ive not seen a penny of the profit and now for 2 years Ive been trying to contact them to sell and get my money back and no one responds
View full review
ID
#1777733 Review #1777733 is a subjective opinion of poster.
Location
Florence, Tuscany
Service
Pacific Tycoon Shipping Container Investment Service

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer

Do not Invest

1.0
Details
Update by user Feb 19

As of today, still have not heard from them.

Original review posted by user Jan 20
I had invested USD 80,000 in this company. Initially, the small return has been credited in the account but then these returns reduced to almost zero. In December 2019 we have raised buyback request on which carl ye responded that they will sell the containers. after that, there is no response from them. I have been sending emails and calling on their contact no. but no response. I am looking for a solution now. If anybody can help please let me know. Thank you
View full review
ID
#1766678 Review #1766678 is a subjective opinion of poster.
Service
Pacific Tycoon Shipping Container Investment Service
Cons
  • Do not reply to my emails
  • Will not return our money
  • Money gone
Reason of review
Problems with payment
Loss
$80
Preferred solution
Full refund

Pacific Tycoon Products and Services Reviews

Product or Service Reviews
Shipping Container Investment Service  1.4 21
Leasing  1.0 5
Investment Service  1.4 38
Account  1.0 4

Compare Companies

Pacific Tycoon
Pacific Tycoon
122 reviews
1.5
VS
First Senior Financial Group
First Senior Financial Group
8 reviews
3.1
Compare Pacific Tycoon vs First Senior Financial Group

Latest Question

How can I get Pacific tycoons to respond to my request for sale of my containers

Since October 2018 Pacific Tycoons started to send me an income statement of approximately 6 $ a month as rent of all twenty containers that I own. I requested them to sell my containers and send me the amount. They said that my...

Pacific Tycoon Questions

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer

Do not Invest

1.0
Details
My uncle had invested USD 80,000 in this company. Initially, small return have been credited in the account but then these returns reduced to almost zero. In December 2019 we have raised buyback request on which carl ye responded that they will sell the containers. after that, there is no response from them. We have been sending emails and calling on their contact no. but no response. I am looking for a solution now. If anybody can help please let me know. Thank you
View full review
ID
#1766676 Review #1766676 is a subjective opinion of poster.
Location
Lahore, Punjab Province
Service
Pacific Tycoon Shipping Container Investment Service

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer

Do not invest

1.0
Details
I am still waiting on money for 12 containers. They tell different stories every time you call.I have been fooled around for 5 years.
View full review
ID
#1740279 Review #1740279 is a subjective opinion of poster.
Location
Terrigal, New South Wales
Service
Pacific Tycoon Investment Service

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer
2.4
Details
I purchased several containers about 5 years ago and the returns went gangbusters for a couple of years. The returns reduced and it was suggested to me to sell them and buy some second hand containers plus a couple more. When I did this, the returns increased again,...
View full review
2 comments
Niang
#1851191

I joined Pacific Tycoon in March 2016. For the first year, I received just over £100 p/m returns.

Then suddenly I received a letter announcing that because of the Panama scandal all investors will be scrutinized in order to determine if they should get their 12% or 30% retains. One bad and confusing news followed another, and before you knew it returns have reduced from $121 to $1.45 per month. Now the excuse is that to remit less than $50 p/m will cost far too much, and so makes it inefficient. But I continue to get the monthly invoice saying I've earned $1.45.

It doesn't require an Einstein to realize that at that monthly rate of $1.45, I can forget about any payment before 2030. I am so angry at the way PT has treated me, and customers in general. I am sure many of the scammed will agree that one way PT can be brought to justice is to take them all to Paris, France and introduce them to little device known to the world as a ''guillotine''.

That's justice for Pacific Tycoon Group and those who run it. And oh, last but not least, PT should repay in full what I paid them for five shipping containers, or return the 5 containers to moi.

View more comments
ID
#1737757 Review #1737757 is a subjective opinion of poster.
Service
Pacific Tycoon Shipping Container Investment Service
Pros
  • Initial returns
Cons
  • Being ripped off
Reason of review
Not as described/ advertised
Loss
$60000
Preferred solution
Full refund

Don't invest in this dodgy outfit.

I paid for 5 containers, initially got some small returns then nothing. What a scam.
View full review
ID
#1720948 Review #1720948 is a subjective opinion of poster.
Reason of review
Did not return on investment buy back scheme.
Loss
$26000
Preferred solution
Full refund
Hi ALl, I am also on the buyback plan. I decide to sell my containers since Jan 2017. They told me that they couldn't give me cash just like that because containers need to reach China first before they can sell on the market. The reason being was that it is costly for...
View full review
ID
#1693037 Review #1693037 is a subjective opinion of poster.
Location
Dubai, Dubai

Pissed consumer

I have been ripped off when buying so called "South America containers" that were to be sold back six to eight months later ....which did not occur after 18 months ...no answer from PT company .
View full review
ID
#1682607 Review #1682607 is a subjective opinion of poster.
Location
Saint-Denis, Reunion