To date, I have not received a response and/or money for this transaction. Now I am out the $60 along with the bank fees I was forced to pay because of them putting a stop payment on the check. Kuadey’s company put a stop payment on the check. I cashed the check the day I received it and then Mr. After months of emails, the company finally sent me a $60 check. Sent Kwame Kuadey a $100 gift card on the premise that his company would send me a check for $60. I had a similar issue with GiftCard Rescue. Perhaps a lawyer could help, but either way it isn’t looking good if you decided to sell to this company and have yet to receive your funds. Of course those cards may have been sold to buyers and I have no idea as to who owns the funds in such a situation. I am not a lawyer so I cannot give any advice, but personally I might consider checking the balances on any cards sold to Gift Card Rescue. I would like to thank you for trusting us with your business and regret that we were not able to send you payment for the cards you sold to us.Īdditionally, their website does have the following message:īuying and Selling of Gift Cards on is temporarily not available.
If this circumstance changes, you will receive further communications to ensure you are properly advised. While I have pursued all efforts to find a way to pay the amounts owed to you, or to have another company in the secondary gift card industry assume and pay the obligations owed to you as part of a transaction, at this point my efforts have not been successful. I am sure you are wondering what will happen to the debt owed to you by . Without access to our operating account, we had no choice but toĪs soon as it became clear we could no longer operate, we stopped accepting new gift cards and have since returned all unprocessed gift cards to the respective suppliers. With that judgment, they placed a hold on our business bank account, depleting all the funds in our account. Our company was forced to shut down last week when a lender to the company (with whom we have been trying to negotiate a temporary forbearance) went to court and got a judgment against our company. You are receiving this letter because you or your company sold gift cards to recently and are awaiting payments on those gift cards. Unfortunately, I regret to inform you that has closed down effective July 15, 2016. After sending out a letter to sellers (victims) saying that all payments were temporarily frozen as of 7/12/16, the following letter sent from the company’s CEO today brings even worse news:
Will Run for Miles is reporting that the company has now gone out of business. they say they mailed a check when they haven’t) and probably broke. My takeaway from the Gift Card Rescue selling experience was that they are both dishonest (i.e. They lied about sending out a check that never came, before eventually sending out a check after I harassed them constantly and used this blog to shame them. I didn’t receive such a message, but it still took me more than a month to get paid for the cards that I sold. Then, after the cards were sent in, Gift Card Rescue demanded more information from sellers and informed them that their cards would be forfeited if they didn’t comply. Last year I did my best to warn everyone about Gift Card Rescue. After a popular deal, many people including myself decided to sell cards to the company. This post may contain affiliate links please read our advertiser disclosure for more information.
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