Pay Back Ltd is a firm that operates a Funds Recovery website. Although this website is legitimate, the services offered by this company are not. This company is not transparent about its charges and it does not investigate all claims. They will just take your money, without taking any action to verify their validity. They will waste your time and do not help you get your money back. Moreover, there are some pitfalls to watch out for.
The FCA and FSMA’s warnings do not prove that Pay Back Ltd is a scam. This firm’s credentials were stolen from another company. It also features phony testimonials on its website. There are many online user reviews calling the firm out as a scam, but this isn’t enough to convince you to trust the company. If you have been victimized by a financial fraud, make sure to seek help from a reputable agency.
If you are considering using Pay Back LTD, you should be aware of the potential risks and scams it poses. Despite its claim to be a legitimate company, the FCA and FSMA warnings haven’t changed their reputation for scams. The company’s credentials were stolen from another company, allowing it to operate under false identities. Furthermore, it boasts phony testimonials on its website. In addition, real online user reviews call Pay Back Ltd a scam and warn you not to trust it.
Another scam to watch out for is Pay Back Ltd. The company was found to be operating in the Netherlands and Belgium. This is not registered with the FCA and isn’t regulated in any other country. The company operates a recovery room that does not offer real results and charges upfront fees. As a result, the reversal of these funds is far less difficult than in the United States and Canada. In the Netherlands, however, reverses on credit cards are much more difficult.
The firm offers a free consultation to potential clients. During this consultation, the firm gathers the details of the incident and collects proofs. Then, it contacts the client and presents different options. If it is successful, the company charges a fee of around 7% to 9% of the amount of the claim. These fees vary depending on the nature of the case, but the fee is usually well worth the effort.
As with any scam, the FCA has issued a statement against Payback Ltd, claiming that the company has been providing financial services to UK residents without permission. The FCA is an independent regulatory body that helps protect consumers and ensures the safety of funds. The FCA advises against dealing with unapproved firms. The organization also educates clients about fraudulent brokers and ensures their funds are recovered. The FCA is the best watchdog for avoiding scams.