Is based in Stuttgard, Germany, the country with the strictest European business laws
Not according to FraudandScam.com, who's business it is to find and report on companies that are unreputable or fraudulent. Not only did they find Karatbars NOT a scam, they wrote a glowing report, something they never do:
A) "The gold content, by total random pick of a KaratBar unit, was registered at 100% pure. This was done by the digital read out that was personally reviewed. The content appeared to be void of any impurities. The man from the refinery used, said it was the purest Gold he had reviewed to date."
B) "People have reported receiving what they ordered and getting it in a timely manner."
C) "Those involved in the project and program report they are getting paid on time and what was promised."
As our readers know, we do not make endorsements. We have thus far only reported stories on scam artists. This will be the first time we have written a positive report on a company, that we feel, says they will do what they say. The words from those investigating the Karatbars Opportunity stated they were impressed.
Have you been the victim of a fraud, scam or misleading investment. Contact us at fraudandscam.com today! We might be able to help or find the right person who can help you! Contact firstname.lastname@example.org today!
A lawyer investigates the company and reports, here.
Here are some considerations to help establish the credibility of Karatbars International:
1 – Partnership with MasterCard to handle all of their commission payouts to Affiliates.
2 – License agreements with the following to use images on Karatbar GOLD collector cards:
4 – The company Issued their Financial Statement for 2013 to the public. See center of page for Adobe Reader Document.
5 – Considered as an E-commerce business model with an Affiliate program that offers both a Unilevel and Dual compensation plan. It took 1.5 years to get into the USA by passing all the necessary legal requirements. They have now been approved to operate in 120 countries.
6 - Recent articles posted in “FraudandScam.com about Karatbars Interbational, give the company a glowing report.
7 - Noteworthy International Attorney gives Karatbars International a high endorsement. Click here to see.
8 - Presentation by Jack Baugher, fraud and scam expert: Click here to see. (45 min / 13 sec)
Founder and owner
Since the early '80s, Harald Seiz trained and worked as an independent financial services provider with a number of companies, where he was very successful. During the mid-90s he reached 60 million in sales. In 2008, he joined a precious metals company. In just seven months Harald Seiz was the top salesperson for the company.
However, his visions were larger than those of the company, which was only active in Germany. He wanted to create gold in small units available for everyone, worldwide.
In 2011, Harald Seiz founded Karatbars International GmbH. The company specializes in the sale of small, currency-sized 1, 2.5 and 5 gram gold bullion bars. In addition to the standard gold cards, specialty cards serve as wonderful gifts. Companies are printing their own cards and using them as rewards and incentives for their employees.