PayBack Ltd Review
Have you heard about online trading? Due to its popularity, many people are interested in trading online because it gives them access to lucrative opportunities. The forex, stock and now the cryptocurrency markets allow people to make large sums of money with minimal investment. Plus, the convenience of being able to trade from anywhere is also appealing. But, just because it is appealing doesn’t mean that it is safe. When you are looking into online trading, you will find out that many people wanting to engage in it ended up being scammed. The internet is notorious for its frauds and scams because it is extremely easy for cybercriminals to do so.
There is no authority that monitors their activities and the anonymity it offers is also favorable for the criminal element. The thought of getting scammed online is worrisome for people, but it can happen to anyone. No matter how smart you may be, there is a possibility that you could end up as a scam victim. Once that happens, most people are too devastated to be able to make sense of anything or figuring out what to do. Others don’t even think of recovery because they believe there isn’t anything that can be done.
Indeed, this was the case for a long time because there wasn’t anywhere you could report an online trading scam. Even if you tried, most people would end up blaming you for trusting an unregulated broker, or falling for their too-good-to-be-true promises. The problem is that these scammers and fraudsters have become very sophisticated and being able to identify them is no easy task. Therefore, even the most cautious people have found themselves as victims. But, this doesn’t mean that you have to be embarrassed, or ashamed. It is natural for you to want to take advantage of the trading opportunities.
Many people have managed to accumulate a significant amount of wealth via online trading and you want to do the same. However, just because you signed up with a fake broker doesn’t mean it is your fault. Yes, there is a lot of talk about fraudulent platforms, but as mentioned earlier, these scammers are very sophisticated and they know how to disguise themselves and appear as legitimate platforms. It is a mistake anyone can end up making and it doesn’t mean that you cannot do anything. Those times are long gone when you had to accept the loss and move on.
Today, there is something you can do about it. No, reporting it won’t do any good, but there are actually scam recovery and fund recovery services that have been established to assist those who have become victims of an online trading scam. You can find them quickly, but one thing to remember is that you cannot just trust any of them blindly either. Scammers may even disguise themselves as these recovery services to exploit you. Hence, you have to be cautious and choose a service carefully. One of the names you will find is PayBack Ltd, which is authorized and regulated in Israel.
The company is named Payback Ltd and is offering its services globally. Thanks to a legal exclusion, it is not required to be regulated by the Financial Conduct Authority (FCA) in the United Kingdom. But, why should you opt for their services? There are several reasons for you to consider doing so. What are they? Check them out below:
Reason 1: They are experienced in scam recovery
Regardless of what you service you want to avail, it is natural for people to want to go with an experienced company. The experience is a benefit because it means they know what to do and how to do it, with minimal mistakes and as quickly as possible. This is also applicable in the process of scam recovery. In fact, experience can be a huge advantage here because it ensures that the company understands how to recover funds on behalf of their clients. This is exactly what PayBack Ltd can offer to its clients.
Here, experience can be important because these online trading scams have gotten quite advanced over the years. Distinguishing them and then tracking them down is not that simple. In such situations, having experience as well as expertise can certainly make a difference and you will find that PayBack Ltd can offer you both in one place. A look into the history of the company discloses that it was founded in the wake of the 2008 financial crisis after which many people had shifted towards the internet for finding alternative investment methods.
This had resulted in providing scammers the opportunity to victimize people and so, the need for recovery services had gone up. This is how PayBack Ltd came to be and they have a team of former industry professionals who know how the markets work. They are aware of the ins and outs of the trading space and how unregulated and scam brokers may exploit their clients. These people have worked in international banking, the forex and options industry are also familiar with cybercrime laws.
Therefore, they know what loopholes can be used for making a recovery. In addition, the team is aware of the channels and payment funnels that cybercriminals use and they can use these to trace them and initiate the process of funds recovery. The best part is that PayBack Ltd experienced team will take action immediately and this improves your chances of getting your money back, rather than having to accept they are lost.
Reason 2: They have a transparent process
The fact that PayBack Ltd has chosen to be transparent and open about what they do is certainly a point in their favor. Why? This is because it is mostly scam brokers and fake websites that will conceal information from you. An authentic company will have nothing to hide, so they will be forthcoming about their process, charges and everything else. If they leave you in the dark, then you should consider this a red flag, but this is definitely not something you will see here.
Moreover, you will find that rather than offering generic information, PayBack Ltd is very specific about the kind of services it offers and how their process works. They have clearly mentioned the steps involved if you decide to sign up for their services. They do not make false claims or promises and get your hopes up. In fact, they are completely honest about your chances of getting your money back. In the situation where it is not possible to make a recovery, they will tell you upfront, rather than taking money from you and just making empty promises.
This is a strong indication that PayBack Ltd is a good and reliable fund recovery company because they will inform you what steps they will take ahead of time, so you will not be left wondering what is happening. Plus, you will know if you can get your money back or not.
Reason 3: The first consultation is free
When you have been scammed, it is a given that you would feel apprehensive about signing up with another company for getting your money back. What a recovery service is promising you sounds too good to be true in most cases and you may not want to believe it. Plus, if you are asked to pay them upfront, it can make you even more doubtful about their legitimacy. Keeping this in mind, PayBack Ltd has chosen to provide the first consultation to their clients for free.
You don’t have to pay anything to consult with the first the first time and this can be quite reassuring. There is no harm in doing a consultation when you don’t have to pay for it. This provides you an opportunity to interact with the PayBack Ltd team and ask them questions, if you have any. You can clear any of the doubts you may have by talking to them. You can put the details of your case forward and see what they have to say. If you are satisfied with the answers they provide, you can move forward with the process.
As the consultation is available free of cost, you will not be adding to your losses if you don’t want to avail their services. This is definitely a strong reason to consider using PayBack Ltd for recovery services because they will do their level best to satisfy you and this is exactly what you want.
Reason 4: They keep their fees low
One of the most important concerns that people have about scam recovery services is the cost they will incur. You have already suffered from a loss due to the scam and no one wants to have to spend more money, as there is a risk it would also be wasted. Most people are hesitant in paying anything because they believe they will not be able to recover their lost funds and would end up spending more in trying to recover it. If you have to spend as much as you lost to recover it, then what is the point?
This is undoubtedly something you want to avoid, due to which PayBack Ltd has chosen to offer the first consultation for free, so people can make up their mind. They are free to ask questions about fees as well. The best thing you will discover is that there are no hidden fees and charges that you need to worry about. After the first free consultation, if you decide to use their services, they will charge a small fee to start handling your case. The remaining amount is a commission that will be charged on the funds they recover on your behalf.
This ensures that you don’t have to spend copious amounts of money in trying to recover the funds you have already lost. PayBack Ltd understands that people are already hesitant, so they have kept their fees very low to make it affordable for everyone. They haven’t imposed any hefty charges and do not try to mislead you in any way.
Reason 5: They provide top-notch customer support
Checking out the customer support that will be provided by a company is one of the best ways to understand their priorities. An authentic and legitimate business understands the importance of satisfying its customers and would never make compromises where support is concerned. This is particularly true in a process like scam recovery, where people are already anxious after having suffered from losses. At this point, they do not want to be left hanging without proper communication if they have any questions or concerned they want addressed.
This is where you will find that PayBack Ltd has provided top-notch customer support to their clients. They are well-aware that people may want to get updates of the progress in their case, or may want to share something they have just remembered. They have kept several channels open that can be used by people for reaching out to their team. You will find a toll free number on their website that can be used, or you can also send in an email on the address provided. Other than these options, they have also provided phone numbers for different countries, including Australia, UK, US and Israel. They also have social media channels that can be used as per your preference.
The PayBack Ltd team is available from Monday to Saturday and you can get in touch with them if you have any questions or a problem you need resolved. They are willing to assist you with anything to provide you with a smooth experience. You will also find an FAQ section on their website, where they have given answers to common questions that people may have about the process or the service itself.
All of these reasons make it obvious that PayBack Ltd is truly committed to helping their clients in recovering the funds they lose due to online trading scams. They have the right team and a transparent process that ensures that everyone can find the help they need without having to pay massive amounts of money.