17 Mar, 2021 → by ClaimboUser894745
Shipping Container rental / Purchase Contracts
2
Pacific Tycoon is basically a PONZI scam, this is not a legitimate company. All " guaranteed" return % will not be met, monthly returns will systematically be reduced to almost "zero" percent. PT will not reply to you, they retain numerous lawyers to fob you off even with threatening behaviour. They have issued contacts to transport shipping containers from South America to China for sale and profit, these containers never arrive in China / Hong Kong with no idea of where the said containers are and no explanation from PT, The contractual "buy-back" agreement within the contract will be ignored and only scrap value offered, for example you pay $ 3, 000.00 for one container, they will not offer you "the purchase price" but offer you, what they state is "the market price" this will be anything between $500 - 800/- this is the "scrap value" for a 40ft shipping container with the real "market" price for a second-hand container being around $1, 800 - 2, 200/- per container. This low offer will not happen quickly, they will take weeks if not months to getting round to selling the containers with limited to no communication. Literally, hundreds of investors have posted and indicated the exact same issues, stay clear.