ED Magedson – Founder
riche brothers auctionsaskatoon, Saskatchewan Canada
riche brothers auction con artist and thiefs saskatoon Saskatchewan
in may of this year i contacted rb auction to have a farm sale as we were in financial trouble we wanted a sale in july. we met with there employee to discuss the option he informed us july was too quick for a sale october would be better as he would give us an advance to get every creditor up todate and i could seed the last crop as we were in creditor protection already and they would make everything current and we would have cash to farm one last year and a garantee from the auction. i was exstatic about this arrangement. 2 months went buy no advance losts of e-mails about the advance but nothing and we didn't seed a crop beginning of july. they cancelled the sale but they contacted the creditor protection people and told them they would pay all arrears .they got our protection cancelled they told us there contract you could take that to the bank and borrow off of it as the advance was taking so long. we tried 2 banks and they said not a chance riche brothers cann't be trusted. we know that now so our creditors wanted there money and riche didn't help .we got another auction to do the sale with a garanttee of 200k cheaper but i didn't have a choice. sale was to be done in two parts three quarters of equipment would be sold in aug the rest in a later date. came to the next sle riche brothers liened all equipment because the said there were doing the sale and will not release there liens until i pay them the comission lost. i lost 200k on sale alone and a whole crop as this year was a bumper year. everyone knows don't have the money to fight these guys. also riche did no advertising of any sorts for the sale
This report was posted on Ripoff Report on 01/17/2014 08:17 PM and is a permanent record located here: http://www.ripoffreport.com/r/riche-brothers-auction/saskatoon-Saskatchewan/riche-brothers-auction-con-artist-and-thiefs-saskatoon-Saskatchewan-1116487. 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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