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Pacific Tycoon

I'm looking at investing into this company has anyone out there already invested? this company sell containers and then lease them out so that you get a monthly income of approx 12% of your income. i have find out that the company are based in hong kong and can't find any negatives about this, i've always been advised that if it seems to good to be true then it must be, so just wondering if anyone out there has invested and brought containers?

Comments

  • somethingcorporate
    somethingcorporate Posts: 9,449 Forumite
    edited 5 September 2014 at 10:09PM
    Guaranteed 12% return?

    Why would they let others invest if they could guarantee that return? You say yourself if it is too good to return.

    You cannot get half that rate guaranteed anywhere at the moment so this reeks of a scam plus if it's offshore you won't get any protection on your money so be prepared to lose it if you do invest (gamble).

    Edit: No negatives? Google gives this as the top return calling it a total scam with numbers that do not/ cannot add up: http://tomwinnifrith.com/articles/2675/pacific-tycoon-investor-red-alert
    Thinking critically since 1996....
  • jimjames
    jimjames Posts: 19,264 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Can you explain who guarantees the 12% return?

    Answer that and you may have a clue in why it's too good to be true.

    Hint- no one, if they go bust you'll lose your money. If they decide they can't or won't pay then same situation.
    Remember the saying: if it looks too good to be true it almost certainly is.
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