The whole world has undergone a lot of changes due to the advent of the internet and the technological advancement that has occurred since the beginning of the 21st century.
We are now living in a digital world where people can enjoy a great deal of convenience and ease due to technology.
Nowadays, people depend on the internet for a lot of activities and it plays a vital role in our everyday lives because it is used for a variety of reasons.
While there is no denying that the internet simplifies our lives, it is also essential to remember that this ease and convenience comes at a cost.
The internet is certainly not a regulated place and has no central authority to govern it, which means that it has become a hotbed for criminal activity.
Everyone is well-aware that there are numerous frauds and scams conducted over the internet and they haven’t slowed down over the years.
As a matter of fact, it appears that the scammers and fraudsters have actually gotten smarter and have managed to exploit a huge number of people who didn’t really know better and couldn’t do anything about it.
Initially, people highlighted some issues that helped them in identifying the scams, but this is no longer as simple.
The scammers and cybercriminals have also caught on and they continue improving their methods and tactics and this has made it difficult for people to spot them.
There are times when you can be as cautious as possible, but still end up falling for a scam.
Therefore, cybercriminals have managed to scam hundreds of thousands of people all over the globe because they are aware that the victims don’t have anyone to turn to and cannot do anything for getting their money back or take any action against them.
In most cases, people have no other choice, but to accept that they have been scammed and move on.
Others don’t even bother telling anyone about what has happened because they are ashamed of being a victim.
However, you don’t have to feel this way because it is certainly not your fault. It is also important to remember that while there are no authorities you can consult for getting your money back, you do have another avenue to explore.
If you have lost your money in one scam or another, wouldn’t you just jump at the possibility of being able to recover it?
Of course, it is an excellent option for anyone who is desperate enough to do anything because they don’t want their money to go to waste.
There are scam or fund recovery services that exist in the market and provide services for helping scam victims in recovering their losses.
It sounds like the ideal solution you need and most people don’t even think for long before opting for one of these companies.
The problem is that this is exactly what scammers count on. The field of scam recovery has given them yet another golden opportunity to scam more people and the worst part is that they are actually able to get away with it by pretending to help you.
Some of these scam recovery services might be genuine, but you will soon discover that they also have their fair share of shady companies.
One of these is known as Refund Ltd, which was founded just last year and has its headquarters located in Stockholm, Sweden.
They claim to be a law firm that has experienced and expert lawyers who are focused on online scams and have the necessary knowledge for it.
If you take a look at their website, you will certainly be convinced of their capabilities. After all, they have done a good job at creating a professional website that helps them in appearing legitimate.
But, any scam victim should remember that it is never wise to fall for everything that is written because this doesn’t make it true.
You need to do your homework first before you hire any scam recovery service because there is no guarantee that it will work. If you opt for a scam service, you will only end up increases your losses and this is something you want to avoid at all costs.
You can prevent it from happening by doing proper research and finding out whether a company does live up to its claims or not. You need to do the same where Refund Ltd is concerned.
Sure, it does require some effort on your part, but it can be extremely helpful in the long run because it provides you with the necessary answers.
It tells you whether there are any problems with the company or you can go ahead and trust them with the responsibility of getting your funds back for you.
Refund Ltd claims to provide its services for dealing with a range of scams that happen online nowadays.
You can use their services for tax litigation, debt collection services, binary options and forex trading scam, lottery frauds, cryptocurrency litigation and dating fraud litigation.
According to the claims of the company, you can get your lost money back with the help of their services. But, can they really accomplish this? Unfortunately, most people learn this the hard way that Refund Ltd can do nothing of this sort.
It appears that this is also yet another online scam that’s designed to exploit people who are emotionally vulnerable because they have recently suffered from a devastating loss due to a scam and are looking for any opportunity that can help them get their money back.
The question is how to uncover the truth? These are some of the things that can help:
- Misleading free initial consultation
When you are searching online for a good forex chargeback agency and check out Refund Ltd’s website, the first thing that will draw your attention is that they are promising you the initial consultation free of cost.
This statement alone is meant to inspire confidence in the legitimacy of their service and should immediately put you on alert.
You need to investigate and determine if the company is truly offering the initial consultation for free or whether there are any strings attached.
This is a common tactic that many frauds and scammers use because they know that people always tend to be hesitant when they are using a new service.
They are even more careful when they have been scammed and wouldn’t want to trust any company, much less one they are using for the first time and which hasn’t been around for very long. The purpose of the free offer is to push people to relax, as only genuine businesses are expected to offer anything for free without any conditions.
On the surface, you will not see any conditions imposed by Refund Ltd, which might reinforce it. However, when you do try and book the first initial consultation free of cost, you will discover that they first ask you to provide some personal information about yourself.
Not only do they collect information like your name, email address, phone number and other such details, they don’t take on your case right away. Refund Ltd. claims to perform an assessment of the application they receive and then decide whether they can be helped or not.
This should immediately alert you because they will already have your personal information with them in this scenario.
Even if they decide to not move forward with your case, you obviously cannot take your personal information back from them. They can easily misuse this information in different ways and you will be the one to suffer from the consequences.
Moreover, if you comb through their website carefully, you will come to know that there is no information about a Privacy Policy provided by Refund Ltd.
This means that they don’t offer you any safety or security in regard to the information you share with them. Hence, they are certainly not upfront and honest, which should alert you about their legitimacy.
- No mention about their charges
What is the most important factor that people take into account when they have to make a decision about any product or service? Cost.
You simply cannot decide whether to opt for a product or service if you don’t know how much it will cost you.
A lot of people don’t bother looking into scam or fund recovery services because they are afraid of being charged hefty costs.
You have already been scammed and lost money and then the thought of having to pay more, especially when there is no guarantee of getting your funds back is worrisome.
Therefore, many people who are giving this idea some thought want to know how much they would have to pay if they decide to use Refund Ltd. for scam recovery purposes. You would think that a genuine company would be open and transparent about their fees and charges, but this doesn’t appear to be the case with Refund Ltd.
Yes, they have mentioned that you can have the first consultation for free in order to attract potential clients, but don’t provide any proper figures about what they will actually charge for their services.
The only thing you will find about their pricing is that it is flexible and not on the high side, but this is what they are claiming. Refund Ltd. doesn’t quote any potential figures for you to be able to get any insight into how much you will be expected to pay. Why would you want to bother then?
What if the commission turns out to be too high and would render the whole point of scam recovery pointless? This is another indication that they might not be who they claim to be.
- Vague customer testimonials
How do you assess and evaluate a product or a service? In this age and day, the internet provides you access to a whole world of information that can come in handy. However, the best sources to find the truth about any company and their offerings is through the reviews and testimonials provided by their customers.
These will give you the most in-depth look into who the company really is and whether they are truly what they claim to be. If you want to make an assessment reviews are the way to go and this is also applicable in the case of Refund Ltd.
You will undoubtedly be blown away by their website and the experience they claim to have, but if you take a look at their customer testimonials, it will instantly make you suspicious.
Refund Ltd. has all positive and glowing reviews from their clients, but when you go over them, you will realize that there is something common in all.
Every single one of the reviews has been posted by people with no profiles or pictures and all you can see is their names.
These could just as easily be made up names and there is no way for you to determine if the reviews are even authentic or not.
Furthermore, when you go over the content of the customer testimonials, you will notice that they don’t really provide much details about how actually Refund Ltd has helped them out, but only focus on praising them for scam recovery.
In fact, some of the reviews appear to be copied from somewhere because the company name mentioned in the review is wrong.
Some of the reviews appear to be of a different company and Refund Ltd. apparently forgot to edit the name before publishing it on their own website.
After coming across such a blunder, you don’t really need any more signs to determine that it is not a company to be trusted.
When you put all of these facts together, it is apparent that Refund Ltd. cannot be trusted to provide any scam recovery services.
It seems that the website itself is just another one of the scams that are conducted in the market and you need to steer clear of them because you will not get any lost monies back and will lose even more.