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  • Report: #314325

Complaint Review: World Reserve Monetary Exchange

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  • Submitted: Mon, March 03, 2008
  • Updated: Fri, March 20, 2009

  • Reported By:san pedro California
World Reserve Monetary Exchange
3939 Everhard Road Nw Canton, Ohio U.S.A.

World Reserve Monetary Exchange took money out of my checking without authorizing Canton Ohio

*UPDATE EX-employee responds: Soon to be sued

*Author of original report: finally got my money back

*UPDATE EX-employee responds: Unfortunate Consumers

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i purchased two items from this company, after i paid for both of these items i got charged again for something i did not ask for nor did i authorize any other transactions , now the company wont take my calls nor will they put back the money that they took . and i returned the item that they tried to say i wanted . but they still have not returned my money

candace
san pedro, California
Afghanistan

This report was posted on Ripoff Report on 03/03/2008 03:23 PM and is a permanent record located here: http://www.ripoffreport.com/r/World-Reserve-Monetary-Exchange/Canton-Ohio-44709/World-Reserve-Monetary-Exchange-took-money-out-of-my-checking-without-authorizing-Canton-O-314325. 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:
0Author 3Consumer 0Employee/Owner
Updates & Rebuttals

#1 UPDATE EX-employee responds

Soon to be sued

AUTHOR: Former Wrme Employee - (U.S.A.)

because of the previous post and this site refusing to remove the post of me telling all about the company i am now going to be sued by the company... so just for the record i have made every effort to have this post removed
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#2 Author of original report

finally got my money back

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

well it took some doing but i sent a certified letter to world monetary letting them know i tried to contact them in regards to the coins i had returned but not recieved my refund, and let them know that if this issue was not resolved i was going to file mail fraud charges against them , and it took them one day after they got that certified letter to call me back. i had no problem after that to get my money back.
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#3 UPDATE EX-employee responds

Unfortunate Consumers

AUTHOR: Former Wrme Employee - (U.S.A.)

Well I figured it was time to get this out in the open. I worked for the "world reserve monetary exchange" one of many compaines that baisically rip people off. So if somebody tries to sue one company they will put all of their money into one of the other 13 company names. I actually don't know all of the names but the latest addition is Arthur Middleton Capital Holdings. Sometimes they release advertisements in the same state but list a different price in a different region known as an a/b split.

Example the presidential money gallery that you get the "4 free coins" will be $8 plus shipping which totals $12.85 and in another region of the state it would be $28 plus shipping bringing the total to $32.85. Now if you have seen the money gallery you can see that it is very cheap and if I remember correctly only takes about $3 to make since it came from China. So think about it you are paying for the coins it's just the way it's worded and that's the only way they get away with this. Another way to word is we were never alowed to say uncirculated since this would not be true we had to say never-circulated. Christmas of 2006 we offered the bankers book and you could get a sheet of 4 - $1 bills for $1.09 all you had to do was buy the bankers book for $50 but heres another great thing one you couldn't just get the sheet of money you had to buy the book and if you wanted another $1 sheet you had to purchase an additional bankers book. And again they had their way with words the bankers book isn't real leather it was "rich angus grain" cheap Chinese pleather. We also had a promotion where people could get a free $2 bill all they had to do was send in 4 stamps and an envelope so we could send it to them, all we would do is take the stamps and use them for other things... mainly to send out advertisements to the person sending us the envelope.

Then we had another product for the company called "heat surge" we sold fireplaces which had amish mantels which was true and the heaters which came from china (big supirse) and we would ship them out and 70% of the calls in customer service were because they didn't work. Going back to the company names the main company name is Arthur Middleton Capital Holdings and they branch off from there with Universal Syndications, PatentHealth LLC, Heat Surge, Granted Wish Foundation, Universal Techtronics, Napier of Ohio, Napier of Florida, the list goes on and on. If your a news reporter don't bother calling the customer service line there is a script to handle reporters and you will just get nowhere. Your best bet is to speak to the Legal Department and call the front desk at 330-966-9000. Writing a letter doesnt do you any good either unless you are sure to head it correctly. Universal Syndications attn: John Armstrong 3939 Everhard RD NW / Canton, Ohio 44709. I feel that I have provided enough information but if you would like more please feel free to contact me, I have tons more stories.
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