Review Detail

Ponzi scheme

Reviewed by JJ | July 14, 2015
Last updated: July 16, 2015

NWTM is running the ultimate Ponzi scheme. They but precious metals low from sellers, remint them in their facility and sell high, normal business right, but when you use others money to buy orders and don't deliver, then this is a Ponzi scheme. When spot market prices go down, they buy and are still late in delivery, in some cases 6-8 months. They promise 6-8 weeks, so you can see the difference. Do not contract with this company, in addition to the use of your money without results, the contract terms are not honestly presented, then they threaten liquidated damages if you don't agree to extensions. DO NOT USE NWTM!

Customer's Experience

Did You Receive What You Ordered?
No
Would You Purchase From This Dealer Again?
No
NWTM is running the ultimate Ponzi scheme. They but precious metals low from sellers, remint them in their facility and sell high, normal business right, but when you use others money to buy orders and don't deliver, then this is a Ponzi scheme. When spot market prices go down, they buy and are still late in delivery, in some cases 6-8 months. They promise 6-8 weeks, so you can see the difference. Do not contract with this company, in addition to the use of your money without results, the contract terms are not honestly presented, then they threaten liquidated damages if you don't agree to extensions. DO NOT USE NWTM!
Overall rating 
 
1.0
Shipping Time 
 
1.0
Customer Service 
 
1.0
Buying Experience 
 
1.0
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