Report: #1422236

Complaint Review: Classic Collectibles - North Las Vegas Nevada

  • Submitted:
  • Updated:
  • Reported By: kevin — California United States
  • Classic Collectibles
    2626 S. Rainbow Blvd.
    North Las Vegas, Nevada
    United States

Classic Collectibles Stamp investment - Ponzi scam North Las Vegas Nevada

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I was contacted by a telemarketer about 3 years ago looking for investors in a error 1966 FDR stamp collection that was just released.  I was asked for a $1900 investment to secure the stamp for a 3 year period where i was promised a minimal average of 15% annual growth, and that I would need to hold on to the stamps for a least that 3 years to maximize my investment.  At which that point I would be recommended to buy into a 100 year old classic stamp of nearly $10,000 with a proven 12% annual growth.  I've recently researched more into this stamp and was able to come across geniune stamp sellers selling them for roughly $35.  (lessoned learned).  Once I discovered this I quickly try to contact them and the phone number was out of service.  

This report was posted on Ripoff Report on 01/10/2018 03:14 PM and is a permanent record located here: https://www.ripoffreport.com/reports/classic-collectibles/north-las-vegas-nevada-89146/classic-collectibles-stamp-investment-ponzi-scam-north-las-vegas-nevada-1422236. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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