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Has anyone here dealt with Copal Art. See www.copalart.com. There website makes very interesting reading especially "Copal Bets", "Recommended Artsists" and "Copal Newsletter" (although there have been no new newslettes since July when the markets started correcting.

Tags: Copal Art

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Copal is a cheat company. And we have knowledge that Copal has cheated many other investors in Gujarat. I have invested large sum in its art fund. We were lured by Mr. Ajay Seth's marketing skills. Business also runs on trust. Mr. Seth took me in his trust and promised huge returns from the investments I made with his Company - Copal. Mr. Seth told me to keep my Kishore Shinde painting in his custody. He said, Kishore Shinde's price would double in just SIX Months. He also called me and told me that Kishore Shinde's price doubled to 60,000 per Sq Ft from 32,000 per Sq Ft (my buying price). I told him to sell my painting. He then, started showing his true colours. He was giving me various dates to sell my painting. His Portal - www.copalart.com came in exsistance after One Year of my investment. He said, he would surely sell my painting through the portal. Nothing happened since 2008.

In this article, Mr. Seth denies launch of any Art Fund which is Ridiculous. He was trying to take money from me in his 1000 cr art fund.

Now when I call him, he never takes my calls and if he takes, he gives very nasty answers. He has told me not call him. His office would inform me if my painting would get sold. 

In past, when an investor filed a legal case against Copal for recovery of his money, Mr. Seth met me and promised to sell my painting. He also convinced me not to accept Buy-Back, instead he would sell my painting with huge profits. None of his promise he has kept. I have consulted a Lawyer and I will connect will all other investors of Gujarat and file a Criminal case against entire team of Copal Art Pvt Ltd for cheating us. I have got to know that Mr. Ashok Vajpeyi is now Chairman of Copal Art. There will be case against him also.

Ms. Swati Sharma of Copal Art Pvt Ltd sent me this link -

http://omrsheet.com/CopalArt/

 

My painting (KIS-23) has been put up on this website. Like my painting, most of the paintings are remaining unsold. Has anyone else on this elite network invested money and had the same experience with Copal? They can contact me. We will take strong actions against these people. 

 

Dear Sir ....I am Aesha here from Gujarat.I am Artist ..May time i try to contact copal art ...also contact with Mr.ajay seth for invest in my art ..never reply me always say me contact my company phone no ,they always said me your work in process last 6 month no body give to me reply so what i can do ...you know  any investor pl contact me on my cell-9429628004.

 

Aesha From Gujarat

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