• Report: #868068

Complaint Review: PAMOM

  • Submitted: Fri, April 13, 2012
  • Updated: Mon, January 28, 2013

  • Reported By: blayton — Calgary Alberta Canada
PAMOM
235 Lincoln Rd Ste 100 Miami, Florida United States of America

PAMOM PanAmerican Metals of Miami Deceptive, Unprofessional, Unethical Business Practice Miami, Florida

*Author of original report: In Response to "Owner's" Response of False Accusations

*REBUTTAL Owner of company: False accusations

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My Grandfather was contacted by this group of Gold and Silver "Investors".  Do not let that name fool you.  Once they discovered that he had worked hard his entire life they called him relentlessly to invest more and more money.  They even forced him to respond back to them from his hospital bed after he had a stroke to send more money, under pretense that he would loose a massive sum if he didn't.
He believed he was purchasing physical silver and gold, where in reality they were performing Margin Trading and lost a massive sum of his money when the price of silver dipped.  They happily took an extremely large commission on the loss, and then a second commission when they made another poor purchase with the leftover money.  Once the money was used up, not a single phone call.  No remorse, no caring, no actual desire to perform a service to a client and profit anyone but themselves.  Just massive commissions taken without any conviction about loosing nearly 350,000$ from a man dying of cancer and a recent stroke victim.
Please, if you know of anyone or are yourself considering doing business with this company, contact an attorney before getting involved and they will point out to you the obvious holes and scams this company is ready to pull. 

This report was posted on Ripoff Report on 04/13/2012 09:07 AM and is a permanent record located here: http://www.ripoffreport.com/r/PAMOM/Miami-Florida-33139-3149/PAMOM-PanAmerican-Metals-of-Miami-Deceptive-Unprofessional-Unethical-Business-Practice-M-868068. 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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REBUTTALS & REPLIES:
1Author 0Consumer 1Employee/Owner
Updates & Rebuttals

#1 Author of original report

In Response to "Owner's" Response of False Accusations

AUTHOR: blayton - (Canada)

This is in response to the previous comment by the owner labeling myself, the author, as a former associate.  As my original complaint stated, my Grandfather was involved, not myself.  The fact that whoever wrote this response instantly tries to shrug off a valid complaint as opposed to a constructive response clearly shows the intent of this company - Absolute disregard of customer service and total lack of professionalism.

PAMOM has direct links to Global Bullion Exchange.  All a person needs to do is look it up and connect the dots to realize what type of organisation PAMOM is.

BL   
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#2 REBUTTAL Owner of company

False accusations

AUTHOR: Pan American Metals of Miami LLC - (USA)

These are false accusations by a former associate looking to slander our company. We are an honest, reputable company with an A rating with the Better Business Bureau. We have hundreds of satisfied happy customers. Visit our website, give us a call.
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