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Report: #1471492

Complaint Review: Genesis Rare Diamonds - Reuben Ross - Toronto Ontario

  • Submitted:
  • Updated:
  • Reported By: Donna — Toronto Canada
  • Author Confirmed What's this?
  • Why?
  • Genesis Rare Diamonds - Reuben Ross 49 Ontario St., 7th floor Toronto, Ontario Canada

Genesis Rare Diamonds - Reuben Ross Excaliber Royale Kimberlite Diamonds Howard Rash Jeff Kushner Sold me a rare diamond then convinced me to make a ring at more cost. Said they would sell it for me at a profit. They have my money, my diamond ring and no sale of the ring. Toronto Ontario

*Consumer Comment: Get Your Item Back ASAP

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Several years ago I purchased an argyle diamond. Very small but significant price for me as an investment. Four years later Reuben Ross called to invite me to sell the diamond since it had increased in value. It was placed in an auction in Hong Kong at my cost but no sale.

They explained that the Hong Kong market was more into jewelry and that the odds were almost 100% that it would sell if it were made into a ring. They worked with a client and designer to create a ring. I was told that this client was interested in purchasing the ring. I paid for the design and build of the ring. That 'client' did not purchase so they put it into another auction. No sale.

Reuben Ross now claims that a European reseller has made arrangements to buy up my ring and many other pieces that Genesis holds. This was in early November 2018. The funds were delayed for some reason; then delayed again for another reason; appointments were set to sign off on the bill of sale and appointments were rescheduled and cancelled on many occasions. Then the holiday season. Then I was told that there were unavoidable issues that delayed the funds transfer.  I have a history of texts dating back many months making excuses and setting new deadlines for the sale to close. At this point there is no response to my calls and texts.

This report was posted on Ripoff Report on 01/15/2019 01:53 PM and is a permanent record located here: https://www.ripoffreport.com/reports/genesis-rare-diamonds-reuben-ross/toronto-ontario/genesis-rare-diamonds-reuben-ross-excaliber-royalekimberlite-diamondshoward-rashjeff-1471492. 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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#1 Consumer Comment

Get Your Item Back ASAP

AUTHOR: Gregory Finney - (Canada)

POSTED: Monday, January 28, 2019

Get you item back as soon as you can. Threthen RCMP or Toronto Police involvement. This is going to become a big issue soon. People will lose everything. This is a complete scam. I know myself. I lost many mnany thousands of dollars.....

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