Crown Equity - Universal Gem Exchange
Ripoff Scam
- 10-31-2005
- 117
I am another foolish person ripped off by these companies - I expressed interest in investing in a gem stone carving. I received a nice glossy catalogue and was phoned at regular intervals over a period of 10 months. I agreed to purchase a small ruby carving for 1500 (UK Pounds) after receiving a picture and a signed evaluation stating it was a ruby carving.
As described by other reports the stone was to be auctioned at one of their regular auction events and I could either cash in my profit or trade up to gem of higher value.
Shortly after the sale I was informed the President of Crown Equity was taken very ill and the company was to be managed by anouther company and that my gem, my account and many Crown Equity personel with whom I had contact were being transferred to a company called Universal Gem Exchange.
A couple of months later I received a telephone call from someone at Universal Gem Exchange stating that they didn't really deal with gems at the lower end of the price scale and encouraged me to trade up.
I received another call from one of these racketeers last week they are still practicing their scam - they need all the BAD PUBLICITY that can be thrown at them.
Regards
Norman
Swansea
United Kingdom
Company: Crown Equity - Universal Gem Exchange
Country: Canada
City: Ontario
Address: 3100 Steeles Avenue West, Suite 402 Concord. Ontario, L4K 3R1