• Report: #905996

Complaint Review: Provident Metals

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  • Submitted: Mon, July 02, 2012
  • Updated: Mon, July 02, 2012

  • Reported By: ian — Texas United States of America
Provident Metals
PO BOX, Lavon, Texas lavon, Texas United States of America

Provident Metals Provident Precious Metals gold scam, false market loss charges, false market loss admin charges, lavon, Texas

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check out joshua merrick's mugshot in video
http://goo.gl/xj8b3
Provident Metals Scam
Joshua Merrick MUGSHOT
31  M 01-07-2012 Stearns County, MN
http://goo.gl/6gWkU
http://goo.gl/xj8b3
Mugshots Online JOSHUA MERRICK Saint Cloud Minnesota
Jan 7, 2012 Charges. CRIM AGNST ADMN JUST-MS-OBST LEGAL PROCESS / OBSTRUCT LEGAL PROCESS-MS. An arrest does not mean that the


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Provident Metals is operated by 30 years old owner, Joe Merrick with PO BOX address in Texas.
Their price quote is higher than market price, and does not reflect market price reflections which they refuse to explain.
You will see a lot of complaints against this company that it is actually scamming.
1. they charge false market loss fees when there is no market loss (never purchased)
 2. they also charge false market loss ADMIN fees.
3. [continued below]....
..... timing is great. they wait several months until gold price goes down, then demand/extort market loss/admin charges.
4. gold price fluctuate. their policy is to keep gains, but customer pays losses. so they wait several months to see gold price drops, then demand false market losses.

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OK I talked to Joe again and he will consider giving you the $119 market loss if you will allow him to explain Provident's policy.  He understands you might be frustrated if you somehow missed it, and that is the only reason he is considering it.  What time are you free to talk to him?
  
Josh Merrick

Well, I talked to him and I think he is going to be sending you the $119.  The only thing is he wants to explain what happened over the phone.  Is that possible?  

 Josh Merrick
josh merrick tama_dude_42@yahoo.com

Provident Metals is operated by 30 years old owner, Joe Merrick with PO BOX address in Texas.
Their price quote is higher than market price, and does not reflect market price reflections which they refuse to explain.
You will see a lot of complaints against this company that it is actually scamming.
1. they charge false market loss fees when there is no market loss (never purchased)
 2. they also charge false market loss ADMIN fees.
3. timing is great. they wait several months until gold price goes down, then demand/extort market loss/admin charges.
4. gold price fluctuate. their policy is to keep gains, but customer pays losses. so they wait several months to see gold price drops, then demand false market losses.



This report was posted on Ripoff Report on 07/02/2012 09:38 PM and is a permanent record located here: http://www.ripoffreport.com/r/Provident-Metals/lavon-Texas-/Provident-Metals-Provident-Precious-Metals-gold-scam-false-market-loss-charges-false-mar-905996. 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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