Reddit Thread on Alleged Fraud by Tyler Wall's Company

This is a complaint against Tyler’s SD Bullion by a customer on a social media platform called Reddit. They placed an order for a simple 10ozt RCM bar and a couple rounds on DECEMBER 27th when the company had the best price for RCM bars “in stock”. After paying with ACH, it was expected that online dealers would take up to a week to verify the payment and ship the order. However, SD Bullion did not ship the order even though the payment was confirmed on December 29th. Waiting three days from that date was a common practice to avoid any issues with bounced funds. So, they gave ample leeway and the latest the shipment should have been sent was January 2nd or 3rd. The RCM bars were sold out and it seemed evident that they didn’t have one in stock to send. SD had a tendency to sell inventory they didn’t actually possess. They found the situation completely unacceptable and knew that it would never occur with JM or APMEX.

BBB complaint against Tyler Wall's Company

Here, the reviewer expresses concerns about alleged fraud perpetuated by SD Bullion of Tyler Wall as they didn’t receive the gold coin they had ordered in the package.

Tyler Wall's Company banned from Silver Spot Squares

Here, the user says that in the past, SD Bullion was surrounded by controversy due to various allegations. There were allegations made by others regarding shady and deceptive marketing practices, nondisclosure, and conflicts of interest. The user claims to have no knowledge of the situation. However, SD Bullion was given the benefit of the doubt.

Many people were aware that SD Bullion had silver rolls available online at a major retailer for a price below spot. Now, it wasn’t being discussed drastically below spot — approximately 60 or 70 cents. And with their typical pricing, they made plenty of money by hyping silver going to the moon.

All the orders placed for the silver at the lower price were canceled by SD Bullion, including mine. Fulfilling the orders placed would have been a straightforward act of goodwill, costing them only a few hundred dollars, or perhaps a grand. The user once found themselves in a situation where they had agreed to sell an item to someone, only to discover later that the market value had increased or that they had unintentionally set the price too low for their silver. He asked other dealers. The user honored the deal made regardless because they believed in the importance of integrity.

The user purchased numerous ounces of SD Bullion rounds for their Silver Spot Squares contests. Interestingly, a few of the recent winners were given multiple tubes of them. The user enjoyed conducting business with companies that honored their obligations, and at that time, SD Bullion was one of them.

Since that was no longer the case, they boycotted them and all of their products. The user decided not to make any purchases from them, including their silver products, whether new or secondhand. In addition, SD Bullion products were no longer accepted for entry into the user’s Silver Spot Squares contest or any other contest they conducted. The user mentioned that the change would be implemented for their October contest, ensuring that they did not surprise their current entrants with the new rules.

The user expressed their understanding that boycotting and voting with their dollars is a right they possess. They mentioned their intention to exercise this right by supporting other companies.