• Report: #300947

Complaint Review: Liquidation.com Liquidity Services International LSI

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  • Submitted: Thu, January 17, 2008
  • Updated: Fri, January 23, 2009

  • Reported By:Detroit Michigan
Liquidation.com Liquidity Services International LSI
1920 L STREET, NW 6TH FLOOR WASHINGTON, District of Columbia U.S.A.

How To Beat Liquidation.com ,Liquidity Service Government Liquidation How to use your power as the consumer to beat this company into submission WASHINGTON District of Columbia

*Consumer Suggestion: Yeah Man

*Author of original report: How to go about getting your money back

*Consumer Suggestion: Ripped off also

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I have a long history with this company.

First let me explain what they do: They buy salvage items and electronics. This is stuff best buy throws away outside their store in junk bins or donates to charity. This is stuff even retail stores won't resell to a recycler, it's that bad.

They then take these 1 cent items and resell them to the tune of $20-$200 A PIECE. These items are obtained for 2 cents a pound. Literally, that is how they are purchased, I have insider knowledge.

How do they do this? Instead of selling it all as SALVAGE like they're supposed to, they take a few good items, pretend like the entire lot is good and list it as "Returns." When you get it, you realize you have been duped because there is 1 or 2 good things and the rest is utter trash. If you know how to work their system and get stuff cheap they will eventually ban you from the site.

I have purchased over 20 lots from them, each time I got everything for a cheap price, filed the proper disputes, and in general worked their system against them in getting me my money back for anything that was defective or junk. The way I did this is I always paid by credit card, and the first time they tried to rip me off I sent a threatening letter to their disputes department telling them if they ever tried to do that again I would file $5000 in credit card chargebacks as unauthorized charges. They never tried to rip me off like that again, they just banned me from the site because I was getting stuff cheaply and filing all my disputes on time.

Simply put, they are here to rip off new internet entrepreneurs. They are not a legitimate distributor of goods. They move from one newbie to the next and never hold on to their buyers, because the premise for what they do is literally to use their policies to scam 1 person after another.

**SO HOW DO YOU BEAT LIQUIDATION.COM? IT'S SIMPLE.**

Pay by credit card. If they try to rip you off, file a full "Unauthorized Transactions" chargeback, tell your CC company that you never authorized any charges and that these guys are internet scammers that got your credit card information. Liquidation is out all of the items they sent you, and you have your money back on top of that. You don't even have to return the junk, and don't if they ask you, it will just be used to scam someone besides you and you should be compensated for wasting your time with them.

**TO LIQUIDATION.COM REPRESENTATIVES**
I will consider removing this report when you give me a full apology for all of the attempts at ripping me off. Also, you will eventually get shut down one day, enjoy your millions while you can but there's no way you're going to survive once we get a new administration in the oval office. You will eventually be culpable for your internet fraud.

**TO CLASS ACTION LAWYERS**
I have in depth knowledge of how LSI operates. I know what they do, and I can testify to it with ease. Under cross examination I could easily pursuade a jury of all of the heinous internet fraud this company has committed. I am a college educated person and could easily help bury this company in the ground where it belongs.

Anonymous
Detroit, Michigan
U.S.A.

This report was posted on Ripoff Report on 01/17/2008 11:45 AM and is a permanent record located here: http://www.ripoffreport.com/r/Liquidationcom-Liquidity-Services-International-LSI/WASHINGTON-District-of-Columbia-20036/How-To-Beat-Liquidationcom-Liquidity-Service-Government-Liquidation-How-to-use-your-powe-300947. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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Updates & Rebuttals

#1 Consumer Suggestion

Yeah Man

AUTHOR: Badauction - (Canada)

I got ripped off and they would not allow me to pay via credit card. I paid by wire. I have also written a report on them here on this site. As well I have filed a complaint with the FTC, and BBB. These guys have a license to commit fraud. They are also listed on the stock market unbelievable well actually not really. I also have my blog on them up http://badauctions.blogspot.com/. Class action is the only solution for these guys.

Cheers!
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#2 Author of original report

How to go about getting your money back

AUTHOR: Omicronaudio - (U.S.A.)

You needed to file all unauthorized charges explaining that this is an internet fraud scam and you never gave them your CC info. Your credit card company would have no choice but to trust you and return your money back, no matter the situation.
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#3 Consumer Suggestion

Ripped off also

AUTHOR: Alternativeborders - (U.S.A.)

I ordered a designer handbag lot, received them, in condition as described but the value of the bags do not match up.

I have filed a dispute with them as well as the credit card company and by both I am being treated as I am the fraudster.

I suggest that whenever dealing with this company "PAY WITH A CREDIT CARD" and "DO THE MATCH FIRST"

Can anyone provide any return sshipping addresses or technique they used to get their money back via their credit card comapny?!
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