This business is not BBB accredited.Additional Locations
Phone: (336) 243-1123 Fax: (336) 243-1094 View Additional Phone Numbers 803 West Center Street, Lexington, NC 27292 View Additional Email Addresses View Additional Web Addresses ! There is an alert on Rex Venture Group !
BBB Business Reviews may not be reproduced for sales or promotional purposes.
We have requested background information from this company including the nature of their business but we have not received a response. BBB has concerns about the promised returns on investments that are being reported to us by inquirers. Callers indicate that more focus is placed on the recruiting and investing aspects compared to the actual penny auctions themselves. Please be sure to read additional articles listed below about pyramid and Ponzi schemes.
A recent review of customer complaints shows a pattern of customers not receiving promised payments from the business as well as difficultly reaching the company.
This business is not BBB accredited.
Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation.
To be accredited by BBB, a business must apply for accreditation and BBB must determine that the business meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses must pay a fee for accreditation review/monitoring and for support of BBB services to the public.
Reason for Rating
BBB rating is based on 13 factors. Get the details about the factors considered.
Factors that lowered the rating for Rex Venture Group include:
- 305 complaint(s) filed against business
- Failure to respond to 8 complaint(s) filed against business
- 1 complaint(s) filed against business that were not resolved
- BBB concerns with the industry in which this business operates
- Government action(s) against the business
Factors that raised the rating for Rex Venture Group include:
- Length of time business has been operating
Customer Complaints Summary Read complaint details
|Complaint Type||Total Closed Complaints|
|Problems with Product/Service||209|
|Total Closed Complaints||305|
Customer Reviews Summary Read customer reviews
|Customer Experience||Total Customer Reviews|
|Total Customer Reviews||0|
Ponzi Schemes Multi-Level Selling Companies Internet Shopping Cleaning Supplies Internet Auction Service