• Report: #441694
Complaint Review:

BOBSA - Black Owned Beauty Supply Association

  • Submitted: Tue, April 07, 2009
  • Updated: Tue, April 07, 2009

  • Reported By:Sunset Louisiana
BOBSA - Black Owned Beauty Supply Association
www.bobsaone.org; www.bobsaonlinestores.com San Francisco, California U.S.A.

BOBSA - Black Owned Beauty Supply Association Online Stores Investment Fraud San Francisco California

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Beware! Please do not invest in BOBSA Online Stores or any affiliated BOBSA entity. BOBSA Online Stores, LLC is nothing short of a fraud for both the investors and the customers. Do not fall victim to the act now propositions or any misleading statements about the online stores profitability. The President and Founder is a master salesman who will take advantage of the emotionally charged state of the Black Hair Care Industry. Unfortunately, many have been conned out of tens of thousands of dollars since the inception of the BOBSA Online Stores.

Once you invest your money with BOBSA, you will have an easier time communicating with Osama Bin Laden than with BOBSA. You will not receive any financial statements concerning the health of BOBSA Online Stores or whether revenues have come through an investor owned store. Furthermore, BOBSA does not issue any documentation or evidence confirming your investment. My advice to those who have already invested in BOBSA Online Stores, make sure you keep documentation of your check or wire transfers.

Contrary to many the current rebuttals on ripitoff.com, the BOBSA Online stores ARE owned by BOBSA. BOBSA is responsible for marketing, sales, fulfillment, and shipment of the products. Any problems with the online stores should continue to go to BOBSA and not the individual investor. In most cases, the investors are unaware that a product has been ordered via the website or whether the order was actually fulfilled.

This is a sophisticated scheme wrapped in a promising mission. Anything invested in BOBSA is a waste of money and a waste of time.

Sunset, Louisiana

This report was posted on Ripoff Report on 04/07/2009 06:42 PM and is a permanent record located here: http://www.ripoffreport.com/reports/bobsa-black-owned-beauty-supply-association/san-francisco-california-94128/bobsa-black-owned-beauty-supply-association-online-stores-investment-fraud-san-francisc-441694. 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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