ED Magedson – Founder
Paper Money AssurePO BOX 40418St, Petersburg, Fl 33743-0418 st Petersburg, Florida USA
Paper Money Assure and Vinny Cavo This is the Newest Paper Money Scam. Stay Away. saint Petersburg Florida
This is an alert to all collectors of paper money. This company is one to stay away from. Things from the concept to the honesty of the owner is all highly questionable. This company supposedly puts stickers on already graded currency if it meets their approval. The only problem is two-fold. They are nobody's without any experience grading currency, evaluating currency, or anything else to do with this business aside from selling overpiced pmg notes. Nobody values their opinion, therefore having a sticker from them is akin to NOTHING. Its adds nothing, helps nothing and does nothing. They want to charge you up to $35 per note for this " service". The other is is an honesty issue. The owner of this company is putting stickers on HIS OWN NOTES and selling them on ebay for aprofit. Does that sound right to anyone ? Not to me. This person is a scam artist to say the least. And I know, if it adds no value then who cares about him putting stickers on his own notes but something still seems wrong about it. The only positive out of this is from what is being said at the trade shows this "business" is getting no business and will be defunct very soon.
This report was posted on Ripoff Report on 02/17/2014 04:49 AM and is a permanent record located here: http://www.ripoffreport.com/r/Paper-Money-Assure/st-Petersburg-Florida-33743-0418/Paper-Money-Assure-and-Vinny-Cavo-This-is-the-Newest-Paper-Money-Scam-Stay-Away-saint-Pe-1124088. 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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