Government Auctions review: Stay away, I warned you 56

I won an auction on proxibid.com for $2. They billed me $200 plus thousands of dollars. $2 was only down payment... This business is a big scam. They have more than 10 businesses in the same address. they keep changing their names. Because of them my proxibid account flagged.

Turns out, GovernmentAuctions is actually sourced from a company formerly known as JM Global which was taken over by TMSR Holding Company Limited whom happens to have a stock ticker of WYIGU, revealing it’s true owner as that of China Sunlong Environmental Technologies with the same number attached to it as all SEC Filings for JM Global (+[protected]) and email (mit127@hotmail.com) both of which link to Tim Richerson.

So is this some Chinese data trawler making money off of real estate and gem/bouillon scams and if so can it be tolerated or should it not go beyond property crimes or theft and is this more of a firth column investigation?

Curious to hear the thoughts of all.

I’m up for a class action due to some transactions back in 2017. The jewels are not even close in value to what they estimate and it’s fraud for us to use those values for insurance purposes, knowing they are not correct. Regarding the GOV Auction company and the GLA, I’m wondering if they are protected by some idiotic CA law.

So I got a call from them asking for payment. They said they're going to send me their EIN

i just bid in a auction yesterday 4/9/20 i asked if they would combine shipping on the 5 jewelry items i got all 5 could fit in a 2inch by 2 inch box USPS shipping would be about $5.00 they are charging me over $30.00 to ship i ask by email if that was a mistake and they said no that is the combined shipping cost also there fees are crazy high the amount of the items i won in the auction was about $200.00 there fees and shipping are about $90.00 i did look very close at this company the Government Auction name sounded good but its a different company call" All Finance LLC " in Tehachapi Ca.93651 what a scam

Bidding so far it's a very poor experience for me. I won a lot of stuff that may be worth some money in the morning, by afternoon it shows someone else won them. Like someone said before there might be someone in house bidding and make you loose if they feel you don't pay enough for the item. It's alright I won't pay for anything I will simply keep my money. I already made a mistake purchased a land I paid 236 USD so far and I request to cancel it for me because I already see a similar one post on the website again and the same land with the exact wording sold on another site for 80 USD. Let see what happen before I make more mistakes.

I almost purchased so glad a searched for scams in relation to this website

We bought some land from governmentauctions.com only to find out there are no roads going to this land and no way to actually find exactly where it is or even get to it other than walking through the woods and guessing... a realitor told us this happens all the time.

Well, I did get my issue resolved. received all my items including coins everything is what I thought it would be, thanks government auction all is well

TO ALL STAY AWAY DONT DO IT:governmentauction.com is a ripoff, I purchased some coins I never received. I was told they were put in another package that was delivered, only one item in package no coins. According to there rules coins are to be shipped separately. So why were these supposedly shipped with an unrelated item. Its all BS. Either the company is behind it
or they have thieves in there packing dept. Still dealing with it, dont see it getting rectified.

I done some of the paperwork for one of GovernmentAuction.com bidders for two years but I am suspicious of the company myself.
This company cancelled someone's invoice when someone tried to change the credit card in between the $50.00 and the rest of the first payment which their terms and conditions are supposed to okay this in which this was done by the third business day.
This company does not seem to like him because of this and it seems that they blocked out the whole Suffolk county, Long Island, New York website and maybe other private websites that are available to the public just because of
this.
They might might also think that the county website are a policing website during an investigation.
We have been trying to tell them for two years that this is there error.
I have some 50 pages that I sent to them.
Thank You

Maybe enough complaints will bring on a class action lawsuit,
governmentauction.com As to the claims reported with Certified product. These items are fraudulent and are junk. If GLA is certified they would know that these items are clearly not of gem quality and are worthless. I took these to a Gemologist to have appraised they basically told me this is fraudulent certificate even for insurance purposes, as if for some reason I needed to file
a claim to replace the item they would not pay because the items hold no value and is a fraudulent certificate. (These are NOT gems) As for the 30 day money back guarantee, it takes time to follow up on the value 30 day guarantee would not be long enough as I am disabled and have to travel any where to get any type of services from where I live. This is definitely a scam and Why would any gemologist put a value on a certificate like this when it is clearly junk. It is unethical and a ripoff.
Looking at the items I have purchase in a government auction this is what I thought I was bidding on, Exactly how it was presented. Clearly misrepresented.

Est. Value 8.3K - 13.8K 287.19CT Ruby & Sterling Silver Necklace, Jewelry and Gem - GLA estimated retail value 27, 578.00

Est. Value 34.7K - 57.8K 1, 724.45CT Oval Cut Emerald Gemstone, Jewelry and Gem - GLA estimated retail value 115, 538.00
Electronic Code of Federal Regulations
§ 23.0 Scope and application.(a) These guides apply to jewelry industry products, which include, but are not limited to, the following: gemstones and their laboratory-created and imitation substitutes; natural and cultured pearls and their
imitations; and metallic watch bands not permanently attached to watches. These guides also apply to articles, including optical frames, pens and pencils, flatware, and hollowware, fabricated from precious metals (gold, silver and platinum group metals), precious metal alloys, and their imitations. These guides also apply to all articles made from pewter. For the purposes of these guides, all articles covered by these guides are defined as “industry products.”(b) These guides apply
to persons, partnerships, or corporations, at every level of the trade (including but not limited to manufacturers, suppliers, and retailers) engaged in the business of offering for sale, selling, or distributing industry products.
Note to paragraph ( b ): To prevent consumer deception, persons, partnerships, or corporations in the business of appraising, identifying, or grading industry products should utilize the terminology and standards set forth in the guides. (c)
These guides apply to claims and representations about industry products included in labeling, advertising, promotional materials, and all other forms of marketing, whether asserted directly or by implication, through words, symbols, emblems, logos, illustrations, depictions, product brand names, or through any other means.(d) These guides set forth the Federal Trade Commission's current thinking about claims for jewelry and other articles made from precious metals and pewter. The guides help marketers and other industry members avoid making claims that are unfair or deceptive under Section 5 of the FTC Act, 15 U.S.C. 45. They do not confer any rights on any person and do not operate to bind the FTC or the public. The Commission, however, may take action under the FTC Act if a marketer or other industry member makes a claim inconsistent with the guides. In any such enforcement action, the Commission must prove that the challenged act or practice is
unfair or deceptive in violation of Section 5 of the FTC Act.(e) The guides consist of general principles, specific guidance on the use of particular claims for industry products, and examples. Claims may raise issues that are addressed by more than one example and in more than one section of the guides. The examples provide the Commission's views on how reasonable consumers likely interpret certain claims. Industry members may use an alternative approach if the approach
satisfies the requirements of Section 5 of the FTC Act. Whether a particular claim is deceptive will depend on the net impression of the advertisement, label, or other promotional material at issue. In addition, although many examples present specific claims and options for qualifying claims, the examples do not illustrate all permissible claims or qualifications under Section 5 of the FTC Act.
[61 FR 27212, May 30, 1996, as amended at 64 FR 33194, June 22, 1999; 75 FR 81453, Dec. 28, 2010]

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§ 23.1 Deception (general).It is unfair or deceptive to misrepresent the type, kind, grade, quality, quantity, metallic content, size, weight, cut, color, character, treatment, substance, durability, serviceability, origin, price, value, preparation, production, manufacture, distribution, or any other material aspect of an industry product.
Note 1 to § 23.1: If, in the sale or offering for sale of an industry product, any representation is made as to the grade assigned the product, the identity of the grading system used should be disclosed.
Note 2 to § 23.1: To prevent deception, any qualifications or disclosures, such as those described in the guides, should be sufficiently clear and prominent. Clarity of language, relative type size and proximity to the claim being qualified, and an absence of contrary claims that could undercut effectiveness, will maximize the likelihood that the qualifications and
disclosures are appropriately clear and prominent.
§ 23.25 Misuse of the word “gem.”(a) (a) It is unfair or deceptive to use the word “gem” to describe, identify,
or refer to a ruby, sapphire, emerald, topaz, or other industry product that does not possess the beauty, symmetry, rarity, and value necessary for qualification as a gem.