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Find a Location

Oxford Gold Group, Inc. has 1 locations, listed below.

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    Business ProfileforOxford Gold Group, Inc.

    Precious Metal Dealer
    Revoked BBB accredited business

    Current Alerts For This Business

    Accreditation Revocation:
    On 06/25/2024 this business's accreditation in the BBB was revoked by the BBB's Board of Directors due to failure by the business to adhere to the BBB requirement that Accredited Businesses meet and abide by the following standards:

    6. Address disputes forwarded by BBB quickly and in good faith.

    6A. Provide a response to each complaint that:
    • Is professional,
    • addresses all significant issues raised by the complainant,
    • includes appropriate evidence and documents supporting the business' position, and
    • explains why any relief sought by the complainant cannot or should not be granted.


    6D. Cooperate with BBB in efforts to eliminate the underlying cause of patterns of customer complaints that are identified by BBB.
    Alert:
    BBB opened an investigation into this firm due to the number of inquiries we have received. Oxford Gold Group has been unresponsive to BBB regarding pattern of complaints, over the past few months, BBB has received an increasing number of consumer complaints relating to your firm, specifically, consumers allege their orders of precious metals have not been delivered to the depository. Consumers also allege receiving correspondence from the depositor stating they were no longer doing business with Oxford Gold Group, Inc. Furthermore, consumers allege not being able to get a response from Oxford with the details of their orders or refunds. On May 24 and June 07, 2024 the BBB contacted the company regarding our concerns about the amount and pattern of complaints we have received, unfortunately, the BBB did not receive a response.

    At-a-glance

    Customer Reviews

    3.68/5stars

    Average of 100 Customer Reviews

    Customer Complaints

    122 complaints closed in last 3 years

    106 complaints closed in last 12 months

    BBB Rating & Accreditation

    Years in Business: 7

    Customer Reviews are not used in the calculation of BBB Rating

    Reasons for BBB Rating

    Related Categories

    Business Details

    Location of This Business
    9100 Wilshire Blvd #800E, Beverly Hills, CA 90212-3454
    BBB File Opened:
    2/12/2018
    Years in Business:
    7
    Business Started:
    7/24/2017
    Business Incorporated:
    7/24/2017
    Licensing Information:
    This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
    Type of Entity:
    Corporation
    Number of Employees:
    25
    Hours of Operation

    Primary

    M:
    8:00 AM - 5:00 PM
    T:
    8:00 AM - 5:00 PM
    W:
    8:00 AM - 5:00 PM
    Th:
    8:00 AM - 5:00 PM
    F:
    8:00 AM - 5:00 PM
    Sa:
    8:00 AM - 3:00 PM
    Su:
    8:00 AM - 5:00 PM
    Business Management
    • Mr. Johnathan Adler, CFO
    • Mr. Pedram Granfar, CEO
    • Mr. Patrick Granfar, President
    Contact Information

    Principal

    • Mr. Johnathan Adler, CFO

    Customer Contact

    • Mr. Pedram Granfar, CEO
    • Mr. Patrick Granfar, President

    Customer Complaints

    122 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Most Recent Customer Complaint

    07/11/2024

    Complaint Type:
    Service or Repair Issues
    Status:
    Unanswered
    I purchased a combination of siver and some gold coins. This was paid for out of a tax free account total of $11,000. The purchase was in January of 2023. The coins and silver was to be held on custody with. Equity Trust In **** as an **** I was assured by my rep with Oxford (***** Gharache) the the coins would be send with in a few weeks. In February of this year I received a letter from Equity trust to inform me that they were parting ways with Oxford Gold group and that there was a problem with my account. I contacted Oxford rep ******************* and she told me that everything was OK and not to worry. It has now been a year and a half and I finally got intouch with Equity Trust and I asked for a list of the items in my account. Much to my surprise I was informed that Oxford has never send the silver and gold that I had purchased. I have over the past three weeks (June 15th,2024) called and left messages atleast 10 times. Both to ***** Gharache and Oxford gold group. I have yet to get a return call. At this point I would say that they have committed Fraud and or theft. I would prefer to have the items (gold and silver) I have paid for. Please help me,I am available for any assistance that you may need to get this company (Oxford gold group) to honor this transaction.

    Customer Reviews

    100 Customer Reviews

    What do you think? Share your review.

    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Eric B

    2 stars

    08/02/2024

    It all started out great for me starting in October of 2022 and went well. 3 of 5 orders are at the depository. January 2024 I spoke to the *** in what now appears to be just before the collapse .He assured me the 2 orders I was concerned about would arrive. A couple of weeks later one DID arrive. Holding out hope. I have emailed. No response. Busy signal when I call.

    Local BBB

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