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  • Report:  #441694

Complaint Review: BOBSA - Black Owned Beauty Supply Association

BOBSA - Black Owned Beauty Supply Association Online Stores Investment Fraud San Francisco California

  • Reported By:
    Sunset Louisiana
  • Submitted:
    Wed, April 08, 2009
  • Updated:
    Wed, April 08, 2009
  • BOBSA - Black Owned Beauty Supply Association
    www.bobsaone.org; www.bobsaonlinestores.com
    San Francisco, California
    U.S.A.
  • Phone:
    650-357-0073
  • Category:

Beware! Please do not invest in BOBSA Online Stores or any affiliated BOBSA entity. BOBSA Online Stores, LLC is nothing short of a fraud for both the investors and the customers. Do not fall victim to the act now propositions or any misleading statements about the online stores profitability. The President and Founder is a master salesman who will take advantage of the emotionally charged state of the Black Hair Care Industry. Unfortunately, many have been conned out of tens of thousands of dollars since the inception of the BOBSA Online Stores.

Once you invest your money with BOBSA, you will have an easier time communicating with Osama Bin Laden than with BOBSA. You will not receive any financial statements concerning the health of BOBSA Online Stores or whether revenues have come through an investor owned store. Furthermore, BOBSA does not issue any documentation or evidence confirming your investment. My advice to those who have already invested in BOBSA Online Stores, make sure you keep documentation of your check or wire transfers.

Contrary to many the current rebuttals on ripitoff.com, the BOBSA Online stores ARE owned by BOBSA. BOBSA is responsible for marketing, sales, fulfillment, and shipment of the products. Any problems with the online stores should continue to go to BOBSA and not the individual investor. In most cases, the investors are unaware that a product has been ordered via the website or whether the order was actually fulfilled.

This is a sophisticated scheme wrapped in a promising mission. Anything invested in BOBSA is a waste of money and a waste of time.

Anonymous
Sunset, Louisiana
U.S.A.

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