Pacific Tycoon Container Malpractice and What You Need to Know About It

If you’ve heard of container investments, you’ve definitely heard of the Pacific Tycoon scam. Due to the many scams out there, Pacific Tycoon is just another container scam that you need to watch out for. Do not invest in any type of container before doing a thorough research on it.

The process is a fairly simplified affair. You buy containers from underdeveloped countries at a lower price. He then hires a company like Pacific Tycoon to lease his containers for his clients. After an interval of 9 to 10 months, the containers arrive in China and are then sold at a profit. The company takes a small commission and you receive the rest.

When you open the website associated with the company, as in this case it would be Pacific Tycoon, you will be greeted with an aesthetically pleasing website that can easily trick you into being original. The catchy ad followed by the crazy return promises can be quite misleading in real life. Note that they promise a fixed return of 12% on the amount invested per year, where in some cases it could reach 24.13% as it happened last year, according to them.

They say that all the containers the company buys are fully traceable and everyone will have full legal rights to the containers they are going to buy. Most of them are independent trackers in various countries who act as consignees for the container owners and the money is transferred to the scammer’s account in those particular countries. Most of the accounts belong to underdeveloped countries that would not have any association with the company.

These companies invest in a lot of PR activities where they pay different blog owners to write fake reviews about how good they are and how Pacific Tycoon helped them get the best investment and other made up things. They often post fake reviews on forums about their business to gain the trust of their customers. However, further investigation will reveal how the company has scammed thousands of people and how many of them have lost all of their life savings.

So, as a precautionary measure, it is often stated that if you want to invest in containers and other things, it is recommended that you do a thorough research on all those things before you decide to invest in containers. In simple words, stay away from container investments as much as you can.