There is no doubt that the internet offers people a world of opportunities to make money, with online trading being the most popular. Not only do they offer you the chance of making very high returns, as opposed to traditional investment vehicles, you can avail them from the comfort of your home. This makes it another bonus because you will be able to achieve any or all of your financial goals easily. It is not difficult to find success stories of people who used forex, stock, or other forms of trading to make their money online. After all, you can find hundreds of brokerages and trading platforms that are willing to accommodate you.
While this is undoubtedly appealing, it does have some downsides. Sure, there are genuine opportunities that people can explore, but it is also a known fact that the internet is a hotbed for scammers and fraudsters and a number of these trading platforms and brokers belong to the same group. Their purpose is to victimize as many people as they can in order to profit themselves and most people don’t even realize they are signing up with frauds because they are very good at it. Once you are faced with the reality, it can be extremely stressful and demotivating.
You will discover that success stories are a lot less than these scam incidents, as they appear to be increasing with each passing day. Setting up fraudulent websites is very easy and they make tall claims to attract people to their platforms. Once you have handed over your money, the truth becomes apparent and the nightmare begins. Of course, there was a time when you couldn’t have done anything about it. There is no central authority you can turn to and finding a trace of these scammers on the internet, where it is easy to stay anonymous only adds to your problems.
Fortunately, as technology has progressed, new solutions have been developed for problems and this also applies to scams. These days, you can find services that specialize in helping you recover your money from online scams. Considering the number of frauds and scams happening in the market, there is a great need for such services, due to which a number of them have been established. These are scam recovery services and are dedicated to helping victims of scams in getting their funds back. You can run a quick search on Google to find them.
However, it is vital to remember that not all of these services are the same and some of these services may also be scams. One of the options you will come across in your search is PayBack Ltd, a company based in Israel. It was founded after the financial crisis in 2008 that drove people to look for alternative investment methods online, thereby providing scammers the perfect opportunity to exploit them. PayBack Ltd. assists people in recovering their funds from different types of scams, such as binary options, forex and now even cryptocurrency trading scams have been added to the list.
PayBack Ltd. is regulated and authorized in Israel and provides its scam recovery services globally. The company operates via a legal exclusion in the United Kingdom, which means that its parent firm, Moneyback Ltd. does not need to be authorized and regulated by the FCA. All of this is very reassuring, but this doesn’t mean that you don’t look at it closely and determine if it can really be helpful. Hence, you have to figure out how PayBack can help you. Let’s find out:
- They offer a free consultation
It is understood that after you have gone through an online scam, you would be frustrated and not want to trust anyone else at all, especially another company that’s operating online. It is natural to be skeptical because you have already fallen for false promises and are now regretting your decision. Plus, you also believe that recovering money from online trading scams is not possible and that anyone offering to recover them is only messing with you. All of these concerns are quite valid and the PayBack team understands them fully.
Therefore, rather than demanding the trust of their clients, they choose to earn it. How do they do that? You will find that PayBack offers the first consultation completely free of cost. That’s right; you don’t have to pay them right away and can take time to make up your mind after you have consulted with them. Only a genuine service would allow you to do that because they are confident of their services and understand where their potential clients are coming from. In addition, PayBack does not believe in misleading its clients.
They use this first consultation for getting the details of the case from the victims of the scam and then determine if they can be of any help. In case they do not believe recovery is possible, they communicate the same to the victims and do not take their money with false promises. You will find PayBack to be fully transparent about their services and they don’t give you any false hopes, only to dash them later. They perform preliminary checks to assess whether it is possible to win the case or not. How do they conclude this? They use their own experience to determine what can be done.
If you don’t feel comfortable with them, you can simply quit and not have to worry about additional losses because the consultation is free. This free consultation is an opportunity for you to ask any questions you may have about PayBack’s process and come to your own decision about whether to continue the process or back out.
- They have an experienced team
When you hear about a scam recovery service like PayBack, it is perfectly normal for you to wonder how they manage the impossible. After all, this is how people referred to the recovery of funds from online scams. Many don’t believe it can be done, yet several companies are claiming to do so. Thus, you want to know how they can accomplish this. The simple answer is that it is with the expertise and skills of their team that they can make it happen. They are the ones who are providing you the service, so it is a given that you want to know who they are and how they do what they do.
As PayBack is well aware of how these online brokerage scams happen, they have put together a team of professionals and experts who have worked in the financial industry. Their employees are people who have been part of the industry for years and know how these platforms operate. They know what steps and routes they take for scamming people and then taking their money. The staff comprises of former industry professionals who are aware of the loopholes that can be used for initiating a refund.
Likewise, they have spent years in studying and observing the markets and are aware of the tactics that can be used for tracking these scammers and retrieving the funds on behalf of their clients. Furthermore, as PayBack’s team is experienced, they are less likely to make mistakes in getting your funds back. As a matter of fact, they can also provide guidance to people on how to steer clear of these fraudsters in the future.
The skilled team understands the rules of internet banking and also know cybercrime law inside and out. As they know what channels are used by scammers for funneling money, the PayBack team makes sure to damage them, so scammers are unable to continue with their exploitation. They can initiate a chargeback on your behalf and ensure that you don’t have to forget about the money you have lost in an online trading scam.
- They don’t have excessive charges
To many people, it doesn’t make sense to have to pay money in order to recover their own money. Obviously, no scam service will ever offer you their services for free and any that promises to do so is just another clear scam. It is understood that when PayBack is going through the effort of recovering the money on your behalf, they would want to be paid for it. Why else would they be willing to help you? Yes, this makes sense, but it is vital to remember that you don’t want to pay exorbitant charges for this purpose.
If the cost of recovering the money is higher than what you have already lost, or it will eat away most of what you recover, then it doesn’t really seem worthwhile. But, this doesn’t mean that every service will charge you the same, so you need to do your own evaluation. As mentioned earlier, the first consultation is free of cost when it comes to PayBack and when you take a look at their pricing model, you will find that they are very reasonable. They don’t have hefty commissions, or multiple charges that they expect you to pay.
You don’t need to worry about them springing any hidden fees on you, after you have decided to avail their services. An upfront payment will have to be made after the first consultation with the PayBack team, but this is a very small amount. The rest of the fee will depend on whether they are able to make the recovery on your behalf or not. If they do, then you will pay them from the amount recovered and if they don’t, then they will not get paid. This is an incentive for the company to work hard because they will get paid for it.
- They have good reviews
Gone are the days when people could make a decision about anything without doing research. People did research before as well, but they had limited resources for this purpose, which meant that the chances of mistakes were quite high. The internet has eliminated these issues because it gives you access to a fountain of endless information that can come in handy when you have to make a decision. This is also applicable when you have to choose a service to help you recover your funds. You can do research online in order to determine if you are making the right choice or not.
How? The easiest way to find out whether a company is genuine and worth trusting is by checking their online reviews. These are provided by previous customers of the company, which means they have used their services and can give you a firsthand account of what to expect. You can get an unbiased opinion of the company and their services and then make up your mind. Where PayBack is concerned, you will find that they have received numerous customer services from people they have helped.
The best part is that when you go through these customer reviews, you will find that PayBack is delivering exactly what it has promised and is not misleading its clients in any way. They promise to recover the funds and this is what they are doing. The reviews show that the company goes to great lengths to satisfy their customers and provide them with the kind of services they are looking for. You will definitely be reassured after you have checked out the reviews because they indicate that you will be making the right decision by signing up for this scam recovery service.
Apart from these features, PayBack can be helpful because they have a very simple process and don’t require you to go through any complex procedures to use their services. They also protect their clients’ privacy and do not disclose their data to anyone, or misuse it in any way. Most importantly, they offer top-notch customer support that can be used by clients for reaching out to their team to ask about the progress of the case. They are friendly and responsive and will keep you updated throughout, so you know what is happening. Their goal is to assist their clients in recovering their lost money and they achieve it quite nicely.