Mr. Prakash Arunachalam/Pure Perfect Limited is a complete charlatan and fraud! Located in India, Prakesh pretends to be a Commitment/Allocation Holder, offering Newly Issued BGs to unsuspecting Buyers, claiming he can offer these from Deutsche Bank, Barclays and HSBC. Only problem is that he initially offers Desk to Desk Procedures followed by MT760 delivery of the BG, and then refuses to sign such a Contract, and instead tells the Buyer he can do the deal right away if the Buyer puts up a BLOCKED FUNDS via MT799. Worse still, for those of you who understand the business, he refuses any sort of Banker to Banker call upfront for verification purposes, or Seller RWA, but just demands that the BUYER send the BLOCKED FUNDS upfront. And, he is not direct to these Banks, but is obviousy hoping to find a stupid and gullible enough Buyer who will Block his Funds in favour of another Company, and then Prakesh will go Shopping with those Funds and try and get the BGs. On a recent call with a Buyer, when pushed for why he requires Blocked Funds and cannot do Desk to Desk, Prakesh just hung up, and then sent a Text Message to the Buyer saying "Not Inerested." Sorry, but when you represent you can do a Transaction a certain way and that you are working directly with the Banks and have a commitment from them, and then renege, that's called Fraud & Misrepresentation. Avoid this worm like the plague. BAD NEWS!!
Prakash Arunachalam is one if biggest scammer cheating in the market including myself taken my car so far I was unable to trace him before that he promised he knows good contact BG LC to getting BG one of my friend paid 50lakhs taken to his account transfer but so not repaid but he still roaming in chennai along with team jinu jebaraj Swetha local advocate team like they working and making fraud and scammer is big aim this people will caught we are planning to give complaint soon
Kindly don't believe this bastard Prakash arunachalam and his belongs to Tirupur tamilnadu
Mr. Prakash Arunachalam Reviews
Mr. Prakash Arunachalam/Pure Perfect Limited is a complete charlatan and fraud! Located in India, Prakesh pretends to be a Commitment/Allocation Holder, offering Newly Issued BGs to unsuspecting Buyers, claiming he can offer these from Deutsche Bank, Barclays and HSBC. Only problem is that he initially offers Desk to Desk Procedures followed by MT760 delivery of the BG, and then refuses to sign such a Contract, and instead tells the Buyer he can do the deal right away if the Buyer puts up a BLOCKED FUNDS via MT799. Worse still, for those of you who understand the business, he refuses any sort of Banker to Banker call upfront for verification purposes, or Seller RWA, but just demands that the BUYER send the BLOCKED FUNDS upfront. And, he is not direct to these Banks, but is obviousy hoping to find a stupid and gullible enough Buyer who will Block his Funds in favour of another Company, and then Prakesh will go Shopping with those Funds and try and get the BGs. On a recent call with a Buyer, when pushed for why he requires Blocked Funds and cannot do Desk to Desk, Prakesh just hung up, and then sent a Text Message to the Buyer saying "Not Inerested." Sorry, but when you represent you can do a Transaction a certain way and that you are working directly with the Banks and have a commitment from them, and then renege, that's called Fraud & Misrepresentation. Avoid this worm like the plague. BAD NEWS!!
100 %Fraud
Prakash Arunachalam is one if biggest scammer cheating in the market including myself taken my car so far I was unable to trace him before that he promised he knows good contact BG LC to getting BG one of my friend paid 50lakhs taken to his account transfer but so not repaid but he still roaming in chennai along with team jinu jebaraj Swetha local advocate team like they working and making fraud and scammer is big aim this people will caught we are planning to give complaint soon
Kindly don't believe this bastard Prakash arunachalam and his belongs to Tirupur tamilnadu