Complaint / review / scam report
Global Royalties Ltd
VERY SLOW PROCESS

I am writing this complaint to shed some light on what has happened from my experience with this company only. I have all email document conversations and paperwork to back up everything that I am writing here today, so if you would like to contact me about it email me at [email protected] and I can forward you copies of all the email transactions and paperwork that was sent to me regarding the situation.

I was approached via phone by Global Royaltied Ltd. to INVEST money by purchasing gems to hold till they go up in value and then sell and re invest. Sounds great I said. I started of with a ruby I bought for around 2350.00 USD. It was said to be worth that. I bought it. About a month later I got a call from them stating that the ruby had gone up in value and I could use the equity in it and sell the ruby back to them and use that money plus 7500.00 more to buy an emerald for 10, 000.00 A guy by the name of Mel B told me that he expects emeralds to go up to 13, 000 in 6 months so it would be wise to invest. So I bought the emerald. They sent it to me no problem. Again about a little mor than a month later they phone me to tell me that my emerald has appreciated in valu to about 13, 000.00 Once again they asked me if I wanted to turn it over and invest more money to get a larger emerald. I told them no and that I wanted to sell the emerald. Thats when things changed. Now all of a sudden there were gaps in communication . I went out and got the emerald appraised by two seperate jewlers, and the value was not even close. WHen I emaild them they said that they told me that unlesss the evaluation was doe by BIRKS, then it is no good. So I went to birks and was put on a waiting list as their guy only comes in Once avery 3 months. I have told them on multiple occasions that I just want my iitial investment back and any profits made on it they can keep. This still did not work, and now I have come to a stand still on replys to my emails. What sounded like an easy tranaction before I bought the emerald, now seems like a long drawn out process that will never end. Based on my experiences with the company I would NOT invest any money with this company ever if. I am hoping to get my money back with out having to tke them to court, but I am doubtful at that. I am almost certain this will end up in court. It has been over 6 months since I tried to retrive my money for this company. I am getting tired of no-responses to my emails and the "We are working on it very Hard", response to wher eis my monry question. If you have any questions feel free to email me at [email protected]
Author: Contact with Author

Offender: Global Royalties Ltd

Country: Canada   Province: Ontario

Category: Beauty & Appearance

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