The reason there are thousands of sites launched each day, competing for the investor’s fund is that the internet revolution is still on. There are millions of people who are eager to know how to start making a living online so sites like Trade Alliance Co come in handy to exploit the situation.
Compounding issues is that many investors readily believe what they read online. So they would send their funds to some of these sites without understanding what they’re getting involved with. The cryptocurrency revolution is the fraudster’s paradise. When funds are sent, they are irreversible so when the sender is dissatisfied with the result of investment, they have little options than to bear the consequences of their decisions.
This is why reviews, education and enlightenment are essential component of the crypto ecosystem that minifies the effects of fraudulent investment schemes. In this review, we shall take an in-depth view of the Trade Alliance website with the aim of determining if this is a site that you should take seriously as an investor.
What is Trade Alliance Co?
This is a site that the company is a group of professionals involved in the mining and trading of digital currencies. It claims that it is making so much profit that it can conveniently share it with its investors even though there is no evidence that this is true.
For instance, there is no evidence that there is a mining company known as Trade Alliance, it also did not provide evidence that it owns a farm anywhere. What we have is just a web content with no substance which is the trend among fraudsters wanting to exploit the universality of cryptocurrencies to defraud people.
No reputable mining and trading companies perpetually solicit for funds using promises of overnight riches as basis. This is obviously because no business survives if it pays out more than it is generating as profit.
According to the site,
“The popularity of crypto-currency and the increasing difficulties [sic] in obtaining it increase the popularity and demand for crypto-currencies in the markets and in general. Therefore, sales of digital currency are very profitable for us, and this activities [sic] brings us and our investors a decent income.”
Low Quality Web Copy
One of the first signs that every investor should be wary of is quality of the content on a site. Granted, there are many skilled fraudsters that could build websites that cannot be faulted. Howbeit, whenever you come across an investment site that if full of grammatical errors, it is an indication that you’re dealing with a scam.
Scam sites mostly deceive users with false data and metrics. As seen from the Trade Alliance site, it claims that the site has been online for 1132 days. It claims there are 3589 investors using it who have made more than $104 million investment on the site.
Even though some of those claims are not verifiable, it is obvious that the site has not been online up to 3 years as it claims. Fraudsters mostly backdate the duration their scam sites have been around because they want the victims of their schemes to believe that they are reliable businesses that have built online reputation over the years.
Genuine investment companies do not lie about accomplishments, so users know what they’re getting involved with right from the outset.
A Whois search for the domain trade-alliance.co shows that it was registered on May 27, 2019. This means that the site is less than 250 days online and not 1132 days as claimed by the owners. This should raise a red signal to users.
Who Owns The Site?
As you should have known by now, every reputable investment site published the identity of the owner. This makes sense since an investor should know who is managing the funds they send. However, scam sites never provide the identity of the people behind it for obvious reasons.
A perusal of the company certificate as registered with Company House shows that the company was dissolved on July 11, 2017. It was actually registered in 2015. So it is possible that the fraudsters behind Trade Alliance actually registered a domain using the name of a dissolved company they found at the database of the UK based Company House.
Why do you believe it is possible to have your funds doubled in 24 hours or so as claimed by Trade Alliance? This is absolutely impossible but is perpetuated by fraudsters in the bid to deceive potential victims of their scams.
The Tester Plan for instance asserts payment of 120 percent in 24 hours. The Stability Plan claims 140 percent while the Normal Plan claims it could pay 170 percent in 60 hours. All these are impossible for any business irrespective of expertise to accomplish for all its investors.
It is easy to see through the trickery of the owners of this site. Crooks generally are setting up scam sites like this to steal the money of inexperienced people. It is important to know that a fraudster has no misgivings about stealing your funds even if it took you years to save. This is why you should learn to protect your funds by being informed.
There are genuine investment sites that could help you grow your funds. The site that we recommend takes advantage of social trading to grow your funds steadily through copy trading. You can sign up here.
What is your experience with Trade Alliance Co? Please share using the comment box below.