Hong-Kong based Goldquest International is indeed a fraudulent company.They are a pack of well-trained charlatans capable of selling a mirror to the blind ! It is a well organised international racket whose sole aim is to dupe gullible masses of their hard-earned money esp in poor developing countries like Nepal, Sri Lanka, Iran, India etc. It is a multi level marketing business wherein people become members by paying a hefty amount to the tune of Rs.30000. In return they are given a gold coin which is privately minted at Germany.
The company makes tall claims about the numismatic value of these coins saying that the coins are rare and their market value would multiply manifold in the years to come.In addition, to get a good commission from the company each new member is supposed to get two more members into the business thereby making the network grow leaps and bounds. The Goldquest agents present a rosy picture of the entire business model telling how easy it is make millions in this business within a short span of time. And there begins the wild goose chase for pelf ! People go out of their way in convincing and enticing their friends, relatives to join this business thereby losing their time, energy, money and more importantly peace of mind in the entire process. What is even more alarming is that well-educated people who have already invested and burnt their fingers in this business are not willing to accept their foolishness.
I know of a friend of mine who has joined this business and in her efforts to rope in new members has stooped to the level of lying that the gold coin she purchased is worth lakhs of rupees on some auction sites. I pity her and all those other Goldquest members who are living in a fool’s paradise. So, my dear friends put on your thinking caps. Do NOT enter into this unethical business as this is conceived and promoted on a set of darned lies. Create awareness among your friends and
relatives and keep those greedy Goldquest agents at bay.
I have gone through some of the reviews on this forum and I would like to make a mention of the reviews of two members in particular "Python" and "Raul2000". "Python" has done some amazing research work and "Raul2000" has left no stone unturned in exposing each and every claim of some Goldquest scamsters on this forum. I encourage readers to take some time and go through their reviews. Not just this there are numerous articles on Internet which talk about pyramid scams such as Goldquest and many more of the same ilk. Be wise enough to collect enough information before falling prey to such scams.
Do check out the following links as well...
https://digitalmediaasia.com/default.asp?ArticleID=11062
https://lankalibrary.com/phpBB/viewtopic.php?p=4320&sid=c1ee4b2c4b6f96b0438a77b49b8b8f75
https://fraudsandscams.com/examples.htm