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Kjell R. Gabrielsen Phd. Intergroup Business & Finance Int'l Gabrielsen was appointed personal agent to collect and return two kilos of gold to Newca
12th of Dec, 2011 by User662661
Earlier this year Newcap entered into a venture with Gabrielsen to act as brokers for gold from Tanzania. As part of a transaction Newcap received two kilos of gold as collateral. Because of a lack of export documents the gold was left in safekeeping in Tanzania until documents could be obtained. Shortly thereafter Gabrielsen was appointed "Personal Agent" of Newcap to return to secure the gold, the documentation, and return it to Newcap. Gabrielsen got the gold and the
needed export documentation but never returned the gold to Newcap. Requests for a full explanantion, have not been responded to, including a legal request. A full report was filed with the Consumer Complaint Agency (#108844309). A fraud has been committed and the best course of legal action is under consideration. This is not the first instance where clients of Gabrielsen have lost money on ventures with him.
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