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“The real definition of unreliability, fraud,...”

written by Samerallafi on 14/12/2012

This company is the real definition of unreliability, fraud, dishonesty, unethically and all kinds of cheating. They locked my first two payments transaction total of( $151,500) of my money in their Forex account for mor than 2 months, the third payment was locked ($46,543) for almost 6 months. Basically, this company takes your money and invests it in the somewhere in the stock market until the rates fluctuate in their own favor and only then, after locking the profit, they transfer your money!! That's right, they are investing with your money and not even paying back the risk free interest rate of holding your asset. It's also ridiculous how they transfer the money in 4 different payments from 4 different accounts, none of which were affiliated with Taheri exchange. These accounts were from other customers transferring in reverse of my position, used to offset the required amount. Taheri exchange avoids letting money sit in their account or go through their bank to avoid reporting potential profits...Guess why?? Avoiding taxes!!! Please don't trust them as you will regret it only when it's too late to change your mind, contract's remaining balance just because of this company's carelessness. Oh by the way, don't try calling them as they hardly speak English, let alone ATTEMPTING to explain to you how they are playing with you and your money. Rude and incompetent customer service.

This company is a scam. You receive a slightly better rate for sending money abroad, relative to other institutions in the business but that's only to get the cash from you. Once they take your money, it's likely that you will not see your money for at least a couple of months. Don't bother calling them as one of their many rude employees will respond by telling you that you could have gone with a different company as Taheri Exchange does not promise a transfer by a certain date. And don't even think about talking to the manager as the owner/manager is the one who has trained the employees in the first place and is much worse than those answering phone lines.

In this age & time when other financial institutions transfer money in 24 hours, Taheri exchang keep your mony for at least 30 days. They are very nice and polite before they get your money , after that, rude, unprofessional . When I was giving him the money , I told him it was for emergency reasons & he said no problem, when I called after 3 days to ask why they haven't received the money yet, he was rude & abrupt& accused other exchange companies which wire transfer your money in 24 hours of fraud, then he hung up on me. I can't believe I'm dealing with this kind of business transactin in Canada. I don't know if there is any laws that protect us from these crooks and deception.

That's a trick they use to get the cash from you and then they use your cash to buy and sell gold, lend out the money for loan shark rates and buy post-dated cheques at a discount from those in need of cash.

If you plan on sending money overseas, go to any exchange company but Taheri Exchange. Taheri will gamble with your money. Unprofessional, unethical and extremely rude owner and employees. This company, its owner and all the staff, who all tend to be family members, should be flagged.