Scammed
Complaint
Disgruntled
Country: Thailand
I contacted SFM and explained I needed a offshore company with a bank account, I preferred Delaware or Singapore, I was told Delaware was not available Singapore was about US$4000 for the start up + $US2000 per year just for a nominee director, bank account needed minimum deposit $US20000, I was advised Seychelles was a good option with a bank account in Cyprus, so I went for that option and paid the fee, almost 3 weeks later the company is registered, but it cannot trade with China, Also 3 weeks after incorporation I tried many times to contact the assigned corporate services officer by e-mail finally had to call Dubai 3 times to get hold of her, she sais it was taking 2-3 months to get a bank account set up in Cyprus, but I could a full international service account in St Vincent I one week, a month later the account was opened ready for the first transfer, but it had to go through some back street bank in Slovakia with a different recipient name to the bank account name. No reputable multinational company would be stupid enough to do that and the corporate governance would not allow transfers to a third party. I called SFM and explained the bank account was useless, they offered to try o open an account with HSBC in Hong Kong, I called HSBC, no way would they open a bank account for a Seychelles registered company. 5 days after SFM saying they would contact HSBC and 2 phone calls + 6 e-mails from me, they got back to me asking for more money and no guarantee of a bank account. Yes this company are scammers. I paid them their original fee and got nothing but useless paper in return.
Comments
They really scammed me!!
They blamed me of providing them fake documents in order to keep my money and not move ahead with the company registration.
I would avoid making business with them