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Home > Society & Culture > Crime   »   Scam - Olin Ross Home Theater Equipment

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Old Jul 28, 2008, 08:18 AM
amricca
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Scam - Olin Ross Home Theater Equipment

So these 2 guys stop my in my parking lot and tried to sell me some Olin Ross home theater equipment for cheap out of the back of their SUV. They had a whole story worked out, their boss gave them too many units...yada yada. They offered me a $2500 system for $500. I talked them down to $300, to which they said ok. I ran inside to get the money and googled Olin Ross to check it out. Scam Alert popped right up, turns out they are $99 units from China and they made up the $2500 part, they had brochures and even a website and have been pulling this scam all over the country. Common sense should have told me it was too good to be true, it was. I went back out and told the guy he was a scum bag and to get the hell out of here, and blew a potential sale for him to one of my neighbors. He got really mad, but took off very quickly. I should have called the police first and stalled but I was mad and wasn't thinking.

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Old Jul 28, 2008, 08:21 AM   #2  
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Quote:
Originally Posted by amricca
They had a whole story worked out, their boss gave them too many units...yada yada.
That's the story that made it all legit for you? Really?

This scam is as old as the hills.
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Old Jul 28, 2008, 08:38 AM   #3  
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I had doubts the whole time of course as their story was very shady, but I had never heard about this one before. They were pretty good, and the equipment was brand new still in the box and looked good. I bet alot of people fell for it and still are going to.
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Old Jul 31, 2008, 06:05 AM   #4  
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Hello a:

I'm nor sure where the scam is. If you go to Wal Mart and spend $2,500, you'll get $99 Chinese systems.... At least these guys saved you the trip.

excon
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Old Dec 24, 2008, 02:08 PM   #5  
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As a consumer everything that you buy is marked up, especially coming from another country such as China , Michael Jordan shoes are made in China by workers only making less than 5 cents an hour and they only cost 2 dollars to make but we (Americans) buy them for 100 to 200 dollars………. yet that is not a scam. The up side to buying on the streets, is it’s done on the streets, you can bargin and get what you want at the price you want to spend and the down side is if you let someone sell you something for more that you was willing to pay then you lose but It’s not a scam your just not a hustler and shouldn’t be buying on the streets. So those Olin Ross guys that’s upset who claim they got, got shut the up and stay out the streets. I paid 300 dollars for two systems and sold one for 800 without all the fancy con artist . I guest that makes me a scammer too but not in my eyes I’m a better hustler.
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Old Dec 30, 2008, 09:26 AM   #6  
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I have to agree mostly to what the reply above is saying. I must inform you that I bought one of these systems for 150.00 after looking at the lower end, walmart systems which sell for the same. I didn't know this was a widely publicized scam but, once I got home and looked it up, I was in a hurry to plug the system in and check it out. Once I found the system worked I didn't feel cheated. I realized that the whole process might not be all that was being presented so I named a price that I would still be ok with and, stuck with it. If these systems sell for 99 dollars in China then I'd have to say that I'm happy to pay 150 in the states. I look at it as cutting out the middle man and passing the savings on to me. Now if this system breaks down on me and the warranty is not honored then I will be posting my retraction to this post. Until then, proceed with caution.
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Old Mar 5, 2009, 04:39 PM   #7  
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I met these two guys today outside meadawood mall in Reno NV. and they told me the same story. When I went to my car I googled Olin Ross and this story came out. I went back to the guys furious and they got in their car and speead away.
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Old Jul 30, 2009, 02:14 PM   #8  
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I just had two guys approach us with the same scam here in the parking lot of my work in San Antonio, TX. They were two Caucasian young guys that drove a fairly-new white full sized two seat pick-up truck with a covered hard-top bed, underneath they had about 8 boxes of these systems. Same story as the first post, they had it all worked out with a work order receipt and a catalog showing the system for $1899.00. After his pitch, I would have bought the system for $75, what I offered him. Fortunately, he didn't go for it and got angry and offended at my offer and drove away. I am glad it did not work out after doing some research online. A few minutes later, the two fellows were trying to scam another guy across the parking lot, JERKS.
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Old Jul 30, 2009, 02:14 PM   #9  
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I just had two guys approach us with the same scam here in the parking lot of my work in San Antonio, TX. They were two Caucasian young guys that drove a fairly-new white full sized two seat pick-up truck with a covered hard-top bed, underneath they had about 8 boxes of these systems. Same story as the first post, they had it all worked out with a work order receipt and a catalog showing the system for $1899.00. After his pitch, I would have bought the system for $75, what I offered him. Fortunately, he didn't go for it and got angry and offended at my offer and drove away. I am glad it did not work out after doing some research online. A few minutes later, the two fellows were trying to scam another guy across the parking lot, JERKS.
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Old Jul 30, 2009, 02:14 PM   #10  
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I just had two guys approach us with the same scam here in the parking lot of my work in San Antonio, TX. They were two Caucasian young guys that drove a fairly-new white full sized two seat pick-up truck with a covered hard-top bed, underneath they had about 8 boxes of these systems. Same story as the first post, they had it all worked out with a work order receipt and a catalog showing the system for $1899.00. After his pitch, I would have bought the system for $75, what I offered him. Fortunately, he didn't go for it and got angry and offended at my offer and drove away. I am glad it did not work out after doing some research online. A few minutes later, the two fellows were trying to scam another guy across the parking lot, JERKS.
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