Tactics of Scammers: How to Recognize a Scam
As long as clients continue to believe in boundless promises of freebies, scams will continue to thrive. Following the lead of other deceivers, the company AppTrader has decided to profit off the trust and vulnerability of users by creating a simple scam. Currently, reviews about these scammers are posted on English-language forums, but soon residents of Russia will also encounter their despicable tricks.
Analysis of Company Activities
The official website lacks significant information, and the only thing that can be found on the “About the Company” page is useless information about a simple interface and high profits. Doubts are raised about the source of the convincing figures provided by AppTrader.
The company began its schemes not in 2008, but only in 2018, altering data and optimizing the project. The last update of the resource occurred in April 2020.
The site is visited by over 3,000 users daily, but this number does not correspond with the fantastic claims of 120,000 satisfied clients.
Deceptive Appearance of AppTrader
The company RT GLOBAL LTD, hiding behind the scammers, is a typical shady operation without licenses or offices. The phone number with a British code turns out to be fake. There is no open registry in Saint Vincent and the Grenadines, meaning that RT GLOBAL LTD is likely fictitious.
Trading Offers from AppTrader
The company offers promising conditions, but there are few reviews on them. Four types of accounts are available to start with $250, but the conditions for processing applications and commissions remain unclear.
Reviews and Scam
Currently, Russian-speaking users have survived unscathed, but scammers’ strategy implies their subsequent baiting. User reviews question the company’s honesty.
AppTrader’s Scam Feature
Investors are deceived not directly, but through the educational materials offered. After obtaining contact information, a phone terror begins. Promises of multiplying capital turn out to be empty words. The platform is controlled by scammers who manipulate results.
Conclusions
AppTrader is an anonymous scam, devoid of licenses and support. Trusting criminal structures with your own money is a path to disappointment and financial loss.
If you have become a victim of the AppTrader scammers, do not stay silent, leave a review and help others avoid mistakes.
The AppTrader Broker provides a variety of trading options, however, it is important to carefully consider and research due to mixed client feedback.