It’s possible that you’ll find Atlantic Metals Xchange while seeking a precious metals dealer in Charlotte, North Carolina. They’re located in that city.
At first glance, it appears to be a straightforward metal dealer that buys and sells things made of gold and silver. Nevertheless, in order to deceive customers, this store engages in unscrupulous marketing practices.
In this analysis, I will describe how the company is attempting to deceive you by using techniques that are similar to those used by well-known con artists. But before we get into that, let’s begin with a quick overview of the company:
What does Atlantic Metal Xchange do?
Gold is dealt by Atlantic Metals Xchange, a company with headquarters in Charlotte, North Carolina. Their business is located at 11318 N Community House Rd, Charlotte, North Carolina 28277, United States, and the hours of operation are from ten in the morning until six in the evening.
You are able to contact them at this number: 704-543-4853. The members of their team assert that they have more than 20 years of experience in the trade of precious metals and diamonds. However, they did not begin until the year 2012.
In addition to purchasing gold, silver, diamonds, and coins, the company also operates as a trader in bullion. However, they are reluctant to reveal a great deal of information regarding the management team behind this company.
At first glance, it could appear that Atlantic Metals Xchange Inc. is just a regular precious metals merchant. On the other hand, they will not think twice about resorting to dishonest and illegal strategies in order to advance.
AMX makes an effort to deceive customers into believing that they can be trusted, as you will discover further in the essay. They are engaging in the manipulative strategy that con artists use to attract victims.
Who is Matthew Schipani II?
Atlantic Metals Xchange is privately owned and operated by Matthew Schipani II. Before he opened up shop as a gold dealer, he had no previous experience in the precious metals trade.
It is interesting to note that there is not much information available online about Matthew. It is important to take note of his lack of experience in operating a gold and silver selling business.
Matthew attended the University of South Carolina at Lancaster and earned an Associate’s degree in Business Administration and Management there.
Claims
The firm claims to offer a secure, pressure-free, and comfortable environment to customers. They deal in gold, silver, and diamonds.
In addition to this, Atlantic Metals Xchange brags about having the best prices in North Carolina. In point of fact, they assert this fact a number of times on their website. They continue to assert that they are the most generous buyers of gold and silver objects of any kind in the state of North Carolina.
In addition to that, the retailer asserts that they have qualified professionals on staff who can evaluate your coins.
If they hadn’t attempted to deceive customers, it would have been reasonable to put faith in the statements they made. The precious metals merchant is dishonest in support of the boastful statements that they make about the quality of their services.
Atlantic Metals Xchange BBB Accreditation: What They Don’t Want You To Know
On the website of the Better Business Bureau, the Atlantic Metals Xchange company profile is accredited by the BBB. To get accredited by the Better Business Bureau (BBB), it is not necessary to keep your business up to the quality criteria that are commonly believed to be necessary. You are in need of only one thing, and that is money.
Accreditation from the Better Business Bureau might cost as much as $10,000 each year for a company. That is a significant sum, and it enables them to take advantage of a wide range of opportunities.
To begin, just the fact that your business profile is authorized by the Better Business Bureau (BBB) gives the impression that your organization is trustworthy, regardless of the standards of conduct or products that it offers. Additionally, businesses that have been awarded BBB accreditation typically have profiles with grades of A or A+.
It grants you increased control over your BBB page, allowing you to mark complaints as spam and delete them at your discretion.
CNN Money had conducted a comprehensive inquiry into this very unethical and deceitful technique in the financial industry. They discovered that fraudulent businesses and con artists received A+ ratings on BBB solely due to the fact that they had certified profiles. Among those enterprises, there was one that targeted elderly people for financial benefit, another that manufactured vitamins and claimed they could treat autism, and a third that was a mortgage broker that was biased against racial minorities.
In order to make themselves appear more trustworthy, unethical businesses frequently obtain BBB accreditation for their profiles. This strategy is also being used by Atlantic Metals Xchange in order to improve its reliability, which is a major warning sign.
You need to exercise caution when dealing with companies that employ such deceptive methods of marketing. Consider the company Silver Gold Bull Inc. as an illustration. Even though they have a profile that is approved by the BBB, they have a well-known reputation for deceiving customers and selling faulty products.
This problem is the single most important factor in my conclusion that doing business with Atlantic Metals Xchange is not a good idea.
Conclusion
The Atlantic Metals Xchange is a run-of-the-mill metals dealer that engages in unscrupulous business practices in order to expand its customer base. This is a significant problem because a legitimate business would not need to engage in such dubious business practices.
Because of this, it is strongly recommended that you give interacting with this company some serious consideration before making any decisions.
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