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Monday - March 19, 2007
I received an anonymous tip from a former employee of the World Reserve Monetary Exchange with some more details about how they do business. If anyone else has any input from recent experiences with them, I'd like to hear about it. I also ran across this article from 2005, condemning the practice of making an ad look like a legitimate news article. Here's the information I received. Each ad is geared toward the elderly... "Give widget to your Grandkids" and when the Customer calls WRME they use the "Grandkids" as the ploy to rack up multiple unit sales per call. Good Luck getting off the the call for less than 3-5 units! They would also mail multiple items separately by "Bulk Mail" Post Office. This was so that they could collect multiple shipping and handling charges, when they could very easily just send multiple units in one UPS or FedEx. These guys know how to take advantage of every opportunity to make $$$$ Invoices do not go out with pricing on each line item. This almost seems like just a packing slip and most elderly never know how much they really ended up paying until their Credit Card statement shows up. Invoices do not go out with a phone number for the company. Unisyn has a "twisted web" of company, business and what I would call "stage names". They sell under the Uni-Syn name. If I remember correctly, the Ads in the Newspaper would refer to WRME, or the Museum Collection - although you could never find a phone number with Directory Assistance (unless you somehow knew they were all a part of Uni-Syn). Invoices do not go out with a return address for the company. This was the best part, nor did they print ANYWHERE a return policy or 100% Money Back Guarantee or anything consumer related. Key PersonnelOwner - Rodney NapierVP - John (Thomas) White - Sounds Presidential huh!? Advertising VP - Laura Fish Reader comments
These are some pretty outrageous attempts at sucking every penny out of people, but it's kind of ironic that you should suggest trying to find phone numbers for these companies via directory assistance, when directory assistance is itself something that the phone companies are using to suck every penny out of people -- they're up to $2 per 411 call in a lot of markets. Of course, there is 1-800-free411 that will give users the same information for free. Granted, this 411 stuff is a lot less egregious than what's in the article above, but when there are so many people going after every penny, then every penny counts. » by Walter on March 19, 2007 @ 07:08 PM #Walter: The only mention of Directory Assistance was that you wouldn't have known they were affiliated with Uni-Syn. » by dan on March 19, 2007 @ 08:19 PM #i need a telephone number rlreadsrZ@aol.com » by robert read on March 25, 2007 @ 08:45 AM #i need a telephone number for world monetary reserve » by robert read on March 25, 2007 @ 08:48 AM #Robert: You can try this number: (330) 208-1111. It's listed on their domain's whois info, which appears to be owned by Dickon Newman (dnewman@patenthealth.com) and run by PatentHealth, LLC. Alternatively, you can email them at custserv@uni-syn.com, or write a letter: Universal Syndications, Inc., I got 500 Nickels (Buaffalo 2005) from my Mother in Law and was wondering if i should keep them or just change them and be happy about the 250 Dollar i make? » by Anna Van Gundy on March 27, 2007 @ 01:32 PM #It's entirely up to you, although don't you mean $25? (0.05 * 500) » by dan on March 27, 2007 @ 02:26 PM #I had a recent transaction with monetary world reserve exchange, and am having difficulty with them. I was really decieved by the salesperson. After placing a order for about $125 dollars worth of quarters, and paying $380 for them, i contacted the company and wanted a refund. I sent the coins back 2 weeks ago, and havent recieved my refund. I cant even get in contact with them. Anyone have any info that can help me get my $$$ back? » by chris on April 01, 2007 @ 12:38 PM # |
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