I am also a victim for the past 6 years. Even after i signed the latest agreement to sell the wine in Sep 2013, nothing much was done even after paying $7500 for the sales agreement. They promised to have 4-5 auctions, but only 1 miserable auction was done and only 12 bottles of my wine sold. They promise to give online auction to global market, it never happened. They promise to show the prices of the wine sold, it also never happen. Now the agreement has expired after one year. They did not give me the S39, 000 that they promise i will get, because they never manage to sell my wine, now they only offer 40% to buy back my wine. They blocked me at the lobby reception saying i am not on the appointment list, not allowing me to go up to the office. Even when the reception call their office, they will say they cannot find that person in the office. This kind of company is damaging the image of Singapore and the One Raffles Quay.
When i call their main line to get to the so called portfolio manager, they always say they cannot make the decision, but when i ask to speak to the boss, they will always say he's not in office. They are all hiding from seeing us because they are all nothing but scams. If they are real businessmen, they will not be so afraid to have to block me at the lobby reception. If there are anyone who ask you to invest in their wine investment, better run away as fast as you can. Now those people in their so called appointment list are probably the new victims waiting to be scammed.
http://business.asiaone.com/news/wine-investors-demand-refund-after-firms-empty-promises
The complaint has been investigated and resolved to the customer’s satisfaction.
Can we work together to get this fixed?