Thursday, 29 May 2014

Wholesalescout Scam Has Made Retailers Wary Of Directory Services

With every passing day, murkier details of Wholesalescout scam are emerging. For those who are new to online retailing, Wholesalescout is a website that claims to be a wholesale directory service and promises to help you set up your business in the e-commerce industry. However, reviews posted by past members make it amply clear that Wholesalescout is not a friend but a dangerous foe.

Wholesalescout is a dodgy place for novice retailers due to several reasons. Let’s look at the some of the major complaints that retailers have been posting on trade review portals.

The £1 for a seven day trial offer from Wholesalescout is projected as an effort to help you understand the working of the site. Many retailers find it hard to refuse the deal due to the ridiculously low price. What many of them don’t realize is that there is a crooked mind at work here. The fine print of this Wholesalescout scam says that if you don’t cancel the trial offer subscription within a week and that too via email, your membership will be automatically converted to a regular one and your account will be charged accordingly.

If you think you can cancel your subscription by the end of the trial period, you are in for a shock. They simply go ahead and make you a monthly member, regardless of whether you want to continue or not. The worst part is that they debit your account using the card details you shared while subscribing for the seven day trial.

The cheats are not satiated with this. They will go on stealing your money regularly every month, leaving you utterly dejected and helpless. Finally, you will be forced to change your card and your account. Wholesalescout scam has engulfed hundreds of retailers and continues to do so. Retailers are warned against dealing with these cheats. They are remorseless and can go to any extent to grab your money.

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