The number of fraudulent projects masquerading as legitimate chargeback services online is increasing every day. The Tradereport review sheds light on one such project. Despite the seemingly attractive offers from the company, it has failed to completely conceal its scam nature. Want to know more details about this pseudo firm? You’ll find them below.
Key Features
- Company Name: Tradereport
- Website: https://www.tradereport.org/
- Available Contacts: Email [email protected]; Phones +44 7467 202305, +44 7956 604229
- Foundation: 2022
- Services: Chargeback
- License: None
- Initial Deposit: Not specified
From Sign-Up to Payout
The first impression when visiting the official Tradereport website is confusion. Visitors might not immediately understand whether they have landed on a chargeback service site or a company involved in asset management, including crisis management. The texts are filled with terms like “Crisis management” and “Future invest planning,” which, according to the creators of the site, are meant to sound very impressive.
However, a closer look reveals the reality. Firstly, all the grand promises and sophisticated jargon are not supported by any real actions from the company. Secondly, the developers’ only apparent achievement was creating a lengthy homepage and then fragmenting it into sections to fill the rest of the site.
Additionally, they lacked the skill, desire, funding (or perhaps all three) to complete the site properly. For example:
- The Blog section was never filled.
- The contact details only list mobile phone numbers (as if office lines in London are no longer available).
- Social media links redirect to the company’s own website.
So, after 15 years of existence (as they claim about their service), the owners of service have yet to ensure a quality online presence. Do you think they will handle your missing money with more diligence? That seems highly doubtful.
Our Impression Of Tradereport
If you want to know the terms of service provided by Tradereport, you’ll need to contact their support team or try calling the provided numbers. Searching for this information on the company’s official website is a waste of time.
The site is filled with vague promotional statements such as “We bring the best solutions for you” or “We offer international investigation services.” Meanwhile, there are no answers to specific questions:
- What are the costs for chargeback services?
- How long will it take to get results or at least an indication of whether the service will attempt to recover the money?
- What documents are required for the company to start an investigation?
It appears that the texts on tradereport.org were written by authors who have little understanding of chargeback services. The project’s owners also seem to lack this knowledge, as evidenced by the content on their official site.
Moreover, the site does not describe even the scam cases the company is willing to handle. There is also no mention of the technologies or procedures for investigations and fund recovery. In summary, we are nearly certain that this mess was created by amateurs looking to quickly profit from scam victims. Trusting this pseudo firm is out of the question.
The Reality Check
Want us to justify our opinion on Tradereport? It’s easy to provide solid arguments.
Let’s start with registration. The British address and phone numbers give us reason to check for the company’s details in the Companies House database.
In any variant of the service name, we find only one relevant result: Trade Reports PLC, a company providing various services (such as educational services), but with no relation to investigations or financial matters.
One might argue that Tradereport is not the name of a company. In that case, we have a question: why would a successful service hide the company name? This chargeback project has no mention of any other names. Are the fraudsters concealing the legal entity under which they operate? Or does no legal entity exist, and the service operates solely online?
We have other arguments suggesting that service exists only in the virtual space. For example, all photos of its “team” have been sourced by the developers from the internet, where they appear on numerous websites under different names.
It seems that we are dealing with a virtual chargeback service with a virtual team. The only thing it appears capable of is turning your real money into nothing while promising a virtual refund. Still considering Tradereport for help? Then we’ll continue.
How Long Has Tradereport Been in the Game?
We’ve mentioned that the service claims to have 15 years of experience. However, the footer of the website shows a copyright date of 2022, which is somewhat closer to the truth.
According to Whois data, the domain tradereport.org was registered in November 2022. This is also when the first snapshot of its pages appeared in the web archive. It seems that Tradereport started its operations around then.
However, judging by the first snapshot, a “tree grew fully formed from a seed.” We mean that in November 2022, the website displayed the same statistics you see now. In other words, the 15 years of experience since 2022 have not increased, and over a year and a half, the firm has not conducted a single investigation or received any new comments. What has it been doing all this time?
Seriously, these numbers were inaccurate two years ago and remain so today. It turns out that 15 years in the market is just a legend. How much trust should be placed in a service that tries to attract clients with non-existent experience and achievements is evident without further comments?
Extra Fraud Indicators
We should also point out to potential clients of Tradereport that the contact page includes a form to submit personal data. However, there is no Privacy Policy on the site. Clearly, the service owners are unaware that such a document is mandatory under the laws of most countries. It appears that understanding of the law is a weak point for the creators of this project.
Is Tradereport the Right Fit?
The conclusion of the Tradereport review is clear: it is not a legitimate chargeback service. This website is designed with the expectation that scam victims will not delve into the details of the services offered. Therefore, they can be deceived and forced to pay even more money. It is evident that no actual refunds will be processed, and any advance payments will become the fraudsters’ gain.
If you have become a victim of scammers, do not seek help from Tradereport under any circumstances. They are scammers as well, who will demand an advance payment from you. You will never see that money again, just like the funds stolen from you previously. The amount you need to pay will be invented during the conversation, with no reference to rates or standards. Moreover, they will even refuse to sign a contract with you. As you know, money sent outside of agreements is worth nothing. In short, they are scammers — stay far away from them.
Tradereport is 100% a scam. A broker stole $10,000 from me. These fraudsters promised to get it back but ended up stealing another $3,000. Look for another company that conducts business honestly!
I’ll say this right away: I haven’t used Tradereport’s services because I’m sure they are scammers. A chargeback service that promises to recover any money lost in any scam is nonsense. Even the most experienced ones, for example, do not attempt to recover cryptocurrency. Yet, these guys say it will take 3-4 days and even guarantee success. But they first ask for payment. A service without its own funds — I’ll never believe it! It’s clear they will take the money and not return anything. It’s also very difficult to sue them since the company doesn’t exist.