Global Refund Group Review – Anonymous Agency

If you look at how the internet works, it is easy to figure out that more than genuine companies, there are a lot of fly-by scams that are causing havoc to many people. Professionals have to step in to control the situation; otherwise, even government authorities won’t be able to do anything about it. Global Refund Group is a recovery agency that aims to assist victims of online scams such as phishing attacks, brokerage scams, etc.

Their platform looks clean and has a very simplistic approach toward the public. However, our main issue with this entity is that they adore vague policies and aren’t entirely transparent.

They claim to have expertise in the consumer finance sector, but we cannot find much information about them. In other words, the top management side is not known to the public and there is no solid proof to back up a few of their claims.

Moreover, feedback about them is hard to find and it is surprising that they have not gotten any traction on social media platforms either. To be aware of the nature of this company, the kind of scams they are familiar with, and much more, continue reading till the end. 

What is the Global Refund Group?

Global Refund Group is a recovery agency that has supposedly helped many online victims. They claim to have recovered more than 2 million dollars since their inception. As far as the success rate goes, the figure is said to be over 95% which is beyond unrealistic.

According to the data on their website, they have an excellent customer satisfaction score, but they have not featured any way to verify the scores or get a grasp on the real consensus. We are not suggesting that they are bluffing about everything, but if they had provided solid evidence, it would have enhanced their profile.

The creators of this agency are unknown, and due to the lack of actionable data about them, we do not have a clue about their employees. Featuring a vast unrealistic success rate is a bad thing, and because of that obvious flaw alone, we suggest everyone be careful while dealing with them.

Recovery agencies do witness a double-digit success rate, but on the whole, it can not go much above 50%. If anyone disagrees with the statement mentioned above, then most probably, the sample size might be too small, or they might have hidden agendas.

If you are wondering, know that they provide consultations, but a retainer fee will be charged later. Unfortunately, they have not mentioned the kind of fee structure they follow, and their policies, for the most part, are unknown. 

Team Members and Management Side

Recovery agencies should be careful while putting together a team. Ideally, a team should host lawyers, attorneys, people familiar with consumer finance, financial analysts, private investigators, and blockchain experts. The dream team is easy to visualize. However, putting that many people together and working in harmony is rare.

Candidates should preferably have practical experience along with other preliminary qualifications. Like every other firm in the sector, Global Refund Group claims to have a good team. Sadly, they have not shared details about the people in the top half of their command chain.

Even though their domain is registered privately, tracking down the actual founders will be a daunting task. Usually, reputable firms try their best to help the public reveal as much information as possible about themselves.

Being transparent always enhances public sentiment, and every business needs to connect with people at a deeper level to thrive. After we saw how this firm hides essential information about their team, it is hard for us to trust them. 

Contact Details and Support

Anyone that wants to contact them can do so via email, telephone, and contact form. Their office address and contact numbers are listed in the footer of their official website. They are said to have clients from over 60 countries.

Their contact form asks for the essential details and your preferred way of contacting them. As they did not have a FAQ section, we do not know how long they take to respond to the complaints. Note that this firm does not cater to UK citizens.

The quality of the support team is difficult to gauge, and due to the lack of data, we are forced to give them the benefit of the doubt at this point. We strongly suggest people ask about every little detail before proceeding with them.

Remember that legitimate companies focus on bringing value and never have hidden clauses. On the other hand, fraudulent ones love to hide behind vague policies that favor them, for the most part.

Here’s the list of their contact details.

• +1 (347) 497-3738 – USA
• +31 (202) 628-712 – NL
• +61 (240)467-079 – AUS
• +43 (720) 143-043 – AU
• Email – support@globalrefundgroup.com
• Address – 276 Fifth Ave New York, NY 10001

Global Refund Group Flaws

Every company will have its share of flaws, but the ones we found with Global Refund Group are beyond scary. Look at the following bullet points and think for a moment, does it make any sense to proceed with them even after knowing the fundamental nature of this platform?

Lack of Transparency

When we mention lack of transparency, we are not talking only about their team; it encompasses the entire operational model. Everything is a big question mark, from howled legal procedures to the number of fees they charge; every name in the sector, such as CNC Intelligence, does its best to educate the people about the procedures beforehand.

More importantly, they will inform the clients about the costs before the client signs the contract. On the other end of the spectrum, new firms like this one will hype their abilities, but they will never spill any information about the crucial aspects. So, be careful while making any decision and be aware of the entirety of the situation. 

Unclear Policies 

If the recovery agency solves your case within the period and helps you recover the amount, it might seem the perfect one from your perspective. However, things are not straightforward all the time. Recovery agencies have to deal with many staples, conduct investigations, and trace, and still, some might not be able to help you recover the funds.

Moreover, skilled criminals get away with the crime, and at the end of the day, not every culprit can be caught. We are not saying the above statement to discourage you, but we want to inform you about the real side of this sector. Because the scammers aren’t caught, agencies cannot work for free, so they charge retainer fees.

A success fee is also present, but that applies only if a big chunk of the lost or stolen funds are recovered. This platform, in particular, boldly says that retainer fees are applicable but fails to mention the exact amount they charge.

This kind of ambiguity in the contract puts a lot of stress on the clients and, at the same time, leans in favor of the company. In other words, they have the upper hand when dictating the fees, which is not a good thing. 

No Social Proof

Nine hundred forty-eight successful chargebacks and over 2 million dollars recovered is the statement made by this firm on its homepage. Undeniably, the numbers they show are tremendous, and it instills confidence. However, the accomplishments are hard to verify, and the fact having proof makes the whole situation worse.

If this firm helped around a thousand clients, why isn’t anyone talking about them on social media forums or third-party websites? We searched for hours online to find clues about their client base.

Sadly, everything is airtight, and picking up any leads; is next to impossible. Exaggerated claims and lack of proof are the perfect combinations every fraudulent firm adores; If you witness these traits together, running away in the opposite direction is best. 

Fee Structure

The agency fee depends on many variables, such as the case’s complexity, geographical barriers, etc. Most firms cannot possibly estimate until they have thoroughly investigated; they will charge an outright fee that usually ranges between $500 to $1000. Success fee also changes from one company to the other.

Global Refund Group never talks about the fees. They have no section dedicated to informing the clients about the costs involved. We do not know whether they tell people after they have gone through the consultation, but that is a very ingenious area.

As their uncertainty level is higher than any other firm, we strongly suggest everyone be careful. Also, never accept terms and conditions on their platform without reading all the details. Reading the legal documents might be boring, but it will always be worth it. In case you do not understand anything, then consult lawyers without fail. 

Types of Scams Tackled by Them

Like any legal firm in the recovery space, this firm is said to help victims of every type of major online scam. If you are looking for the entire set of things they handle, refer to the list below.

• Forex Scams
• Trading Scams
• Phishing Scams
• Credit card Scams
• Romance Scams

On their website, this platform covers trading scams quite extensively. They have a blog wherein the shady brokers are exposed. Sadly, the content is not updated regularly and to d; to only has two posts.

Trading scams are on the rise, especially in this pandemic, as more and more people are looking at other ways of making money from home. The market does reward skilled traders and investors. However, be careful if anyone is typing to sell you a miraculous system. Also, never associate yourself with unregulated firms or exchanges in any way. 

Recently, bitcoin doublers are gaining traction, and the data shows that people are quickly falling for the trap. If you ever encounter any website or investment program that promises 100% returns within a day or a week, report them to the authorities immediately.

Sometimes the scammers might use convincing narratives, but if you do not see proper licenses and solid proof, you never dare deposit with them. Remember, there is no elevator to success, and that is a fact. 

Global Refund Group Public Feedback

The feedback section is essential for every firm. Online marketing is vital for any business as the world is going more digital in the coming days. However, the basic principles of marketing never change. For example, whenever a firm truly helps people with its products or services, the public rewards them with positive testimonials, which act like free advertising.

People talk about an agency on forums, social media platforms, etc. They are all suitable for the company because word-of-mouth marketing is the strongest. We could not find any information about the Global Refund Group user base so that we couldn’t spot any reviews.

In other words, they do not have any data that can be called social proof, which affects their reputation predominantly. Their website claims to have over 90% customer satisfaction score, but given the available facts about them, we have no clue about how they landed on that number. 

Is Global Refund Group a Scam?

This question is a very tricky one, and the answer is pretty evident at this point. Global Refund Group does appear to be a very shady company. Just look at how they operate and the social consensus; the fact that they are hiding something is evident. As there is more room for manipulation from their side, it is ideal to stay away from them. Alternatively, you can wait a bit longer and see whether more data about them pops up.

If they prove their legitimacy, it will be worth it to proceed, or ignoring them is the best thing to do. Chargebacks and Wire Recalls might sound simple in theory. However, it has a lot of factors that need to be presented in the court admissible manner.

From handling the legal barriers to tracing the funds, it is daunting, and not every company will be good at it. If you want free advice about recovering money from fraudulent online vendors, scam brokers, or any other kind of online scam, use the contact form to contact our team.

Our staff will help you understand the recovery process and show you the best ways applicable to your specific case. We work 24/7 to end online scams, and all our services are offered to the public for free.

To help people navigate the online world confidently, offer free case assessments. So, if you are having doubts about any firm or entity, use our full range of services to know the reality of the situation. 

Verdict

Global Refund Group is an anonymous recovery agency. They have no intention of being transparent with the public, and everything about them is mysterious. The ratings on their platform appear to be bogus, and needless to say, they have zero social proof.

Being a victim of an online scam is devastating, and people might be affected mentally and financially; dealing with a fake recovery agency after being looted by an online fraud is one of the worst things ever. So, ensure you deal only with those with a long track record and transparent ratings.

If you are in doubt, then take time to re-evaluate and never take action under pressure. Lastly, know your rights, and if needed, never hesitate to contact professionals. The cost might be a bit more to get experts involved, but in the end, it will always be worth it. 

Be cautious while dealing with Global Refund Group. Remember, their operational model is not as transparent as it should have been, and that’s a big old red flag.