Premier POS Solutions

Total money lost $98,000

Type of a scam Investment

I invested $98,000 ($53,000 in April 2015 and $45,000 in July 2015) with Premier POS Solutions on assurance that they would provide at least 20% return on the investment. I received the payment up to November 2015 but each month the payments were being delayed. Initially I was promised that the payments will be made by mid following month, then it moved towards the end of following month and finally it was delayed by over a month. Eventually they have stopped all the payments. I have left countless message, e-mails and text messages but no one is replying back. As of May 9, 2016 they have defaulted in December 2015 to April 2016 payments (5 payments so far).

In my opinion, Premier POS Solution run by Mr. Syed Jafry (President) has scammed myself and other like me from our hard earned money. I have seen reviews by a number of people on the internet who have been complaining about the scam run by Syed Jafry under the umbrella of Premier POS Solutions.

Please beware of Syed Jafry and Premier POS Solutions.