The Wholesalescout Scam Story

Wholesalescout is a clear example of how scams affect entrepreneurial aspirations. The company is a proven fraud site. They are not a directory service though they try hard to project themselves as one. However now, their real face stands fully exposed as victims of their fraudulent schemes have flooded the internet with their critical reviews about what Wholesalescout really stands for and how they cheat.

Biggest Online Fraudsters

The fraudulent acts of this scheming company leave no room for doubt that they are one of the most scandalous people to deal with. They are experts at defrauding and have a sinister mentality. Treachery comes naturally to these frauds as years of cheating innocent retailers have made them remorseless and hardened criminals.

Most independent business review sites have come down hard on Wholesalescout for their despicable acts. They have this unique one pound introductory fee which is valid for seven days. If you don’t want to use it for a longer time, you must cancel it within seven days or they will deduct your account for £26.99, the charges for their regular membership. Now, all this looks good on paper and can lure the most seasoned retailer.

The One Pound Trick

The real intention behind this one pound lure is to get their hands on your banking details. They have this ludicrous clause which requires you to cancel your subscription by email and not by any other means. When you try to cancel, inexplicably your mails bounce and your requests do not get registered. It can only mean that they rig their systems craftily so that they can charge you the full amount. This happens repeatedly till you are forced to change your banking details.

Scams such as Wholesalescout can stoop to any levels to loot money from innocent and uninformed retailers. Stay away from such rogues as they are incapable of doing your business any good.

The Wholesalescout Scam Can Seriously Harm Your Business Prospects

Make a conscious effort to stay away from Wholesale Scout, one of the most dangerous scams in the ecommerce arena. They trap you into buying their subscription with a one pound trial offer. Once you succumb to it, your troubles begin and multiply faster than you can imagine.

It seems that the whole idea behind the one quid offer is to get hold of your account details so that they can have a free run, debiting your account at will. They withdraw payments using different names. You cannot even make out what is happening. They rob you using these deceptive methods. That’s how sharp these scammers are.

Newcomers are targeted more Because of their Ignorance
It is clear from reviews about wholesalescout that they are experts at making claims that appear genuine at the onset. However, it’s only when you start digging deeper that the muck really shows up. They have a gang of expert online swindlers helping them plan devious schemes that look pretty straight and legal. They cleverly choose novice retailers because they are soft targets and always looking for low investment offers to make money online.

The one pound offer is valid for just seven days according to the information provided on the website. You have to cancel the membership well before time. They insist that you have to cancel the membership by email failing which, your account will be deducted automatically and that’s precisely what happens. It seems like a well chalked out plan. They claim that they did not receive any email from you and cooly charge you the full amount for the next subscription.

Beware - You could be losing Money without Knowing about it

The worst part about this Wholesalescout scam is that they won’t inform you of what they will do next. You suddenly discover this shocker that they have used a different name to charge your account. If you decide to go ahead and use the subscription, now that they have taken away your money in any case, that too won’t work. The information provided about wholesale sources and deals are useless. It simply cannot help you earn any money.

The verified wholesale directory is another sham that they promote on their website. The list is a straight liftoff from the internet and from free directory sources. You are forced to pay for information they label as exclusive but can be accessed for free on many directory sites. All it takes is a little research to call their bluff. Most of the suppliers are middlemen which means even if you manage to find products to sell, your margins will go for a toss because these middlemen will shear off the cream of your profits, making it tough for you to break even.

If you are seriously planning an online retailing business, take the business review portals covering Wholesalescout seriously and avoid this site. You can easily find better wholesale resources on leading trade directory services that offer genuine and verified listings. They are the best bet to help you set up your online retail store quickly and with very little effort. Make sure that you research your sources to avoid falling into the hands of scammers like this one.

Why Wholesalescout Has Lost Credibility With Buyers

When a supplier directory does not keep its promises, it loses the trust of buyers. Buyers become wary of using such sites. Reviews indicate that something similar happened with Wholesalescout.co.uk.

Perhaps this website should not even be called a wholesale directory.  It is actually a front for scammers to collect money in the form of buyer fees.  The web site offers no service in return.

The Auto Charging Scam

This sort of scam is very common on fraudulent web sites like Wholesalescout.  Buyers are tricked into providing their credit card details here.  Once you have authorized the payment of a one time fee, you will notice that every month your card is billed a particular amount — without your permission. There is no way to stop such recurring billing unless you cancel your credit card. Even cancelling your membership is useless, because you are autocharged anyway.

How Buyers Are Trapped

First, the site makes promises it has no intention of keeping. Buyers are told they will be provided information about suppliers and wholesale deals — none of this is ever forthcoming. The site is static; set up just to lure buyers and charge them fees. This is a common trick used by many fraudulent websites to make money the unethical way.

As it is, buyers face too many difficulties sourcing products. They cannot find the right suppliers, and they are often short of funds. Sites like this one make things worse, by not only cheating the buyers but also demoralizing them by making it impossible for them to continue business.

Excessive fees are not the only problem with the site. Reviews have mentioned other problems with wholesalescout as well.

Products with Low Profit Margins

The products here are so expensive that buyers are not left with any profit margin if they sell the product online. You need to keep in mind that profitability on eBay tends to be lower than usual retail stores, because on eBay products are much cheaper. Therefore, the retailer, who sells merchandize online, needs to offer significant discounts to customers.

However, if you were to use this directory to find products, you will never be able to offer customers the discounts they need.

Out of Stock

 This mode of scamming buyers is common to most dubious wholesale sites out there. They display an inventory that they hardly ever hold, and encourage buyers to pay a fee to buy these products. Once the fee has been paid, the buyer discovers that the products are out of stock. Reviews say that sites such as wholesalescout do not stock products in the first place. Therefore, if you were lured by promises of dropshipping gold, you have been scammed.

This is not the right place to look for products to stock your store racks. You will only end up paying insanely high fees, compromise your credit card information, and spend weeks chasing products that are not available. Wholesale Scout is another byword for fraud, and knowledgeable buyers keep away from this site.

Avoid Wholesalescout if You Don’t Want To Spend Time Chasing Refunds

Wholesalescout.co.uk is one of the biggest frauds in the UK with a very unusual approach. Their £1 registration fee is designed with a completely malicious intent. It is a well laid out trap to lure newcomers to online retailing to their site. If you come across such ridiculously low priced joining offers, please turn away because there is a scam tag attached to it.

Profits are a Pipe Dream Here

It is clear from reviews that Wholesalescout is a bogus wholesaling site. The so-called exclusive supplier database is nothing but a bunch of names copied from other directory sites. Most of the information available on this scam site can be found on the internet for free, yet these crooks charge you a hefty fee for the same data.

Their bogus business plan works on a simple premise. They charge you one pound for access to their services for a week and charge you £26.99 for the second month. Now here is the catch. They have a strange rule which states that if you want to cancel your subscription, it can only be done by sending them an email. Now, try cancelling the subscription within the stipulated seven days and it just cannot be done.

You will be stuck with this stupid service for the next cycle and they will go ahead and deduct your account for £26.99 repeatedly without your consent and authorization, till you instruct your bank to stop payment. Even that becomes difficult at times because they charge your account under a different name every time.

The Reviews Tell the Whole Scam Story

Wholesalescout is the worst wholesale scam you will ever come across. They make tall promises only to grab your money. Once that’s done, you simply disappear from their radar as they move on to their next victim. Their tricky trial offer has trapped many novice retailers, who unfortunately believed, that the big break that they were looking for, is finally here.

The hundreds of bad reviews about Wholesalescout on numerous portals are proof enough that they are the worst type of fraudsters you will ever encounter. Most novice retailers, strapped for cash fall for their low free trial offer only to realize that they have been neatly taken for a ride.

The suppliers listed on their site are no good either which is not a surprise because they don’t intend to help you in the first place. They just want to grab your money and leave you by the wayside. The prices quoted for products are at least 40 percent higher than the real price. There is no way you will be able to sell the products, leave alone make profits.

Many retailers who have researched the data on this scam site have found it to be old and outdated. The prices are deliberately misquoted to confuse you. You might even end with counterfeit products because some of the suppliers listed here are known for dealing with fake products.

It is better to search for profitable wholesale deals on reputed trade directory services than using fraud sites such as Wholesalescout. They will mess up your efforts to become a successful online business by running away with your money.

The Truth About Disclaimers And Dedicated Researchers In Trade Directories

Look at almost any review about the site wholesalescout.co.uk and you’ll see how retailers were taken in by the false promise of a fake directory with “dedicated researchers”. This is a lure that many swindlers have used in the past and it explains why finding reliable information is such a big problem in the industry. With so many unreliable directories out there as well as fake products and disreputable businesses, retailers rely on research to ensure they are making a good deal that is legitimate.

This is one of the baits that this site likes to use when luring people in. Read any of the legitimate reviews and you’re sure to see some of the sweet-sounding words that the site uses to get people to sign up. The site claims to have a team of dedicated researchers working to compile verified and authentic supplier information for retailers. A closer look at the site reveals some rather unsettling truths about this so-called verified information.

Got Cash? Get Listed!

Many a legitimate review and even user feedback about wholesalescout like this (http://www.zorghost.com/wholesalescout.co.uk) have talked about how many of the suppliers on the site are middlemen! These are the truly unlucky retailers - others have been fortunate enough to just encounter unverified information. So why does a site claim to research their suppliers when they are clearly not verified? Where is the disconnect here?

This leads us to one of the many scam operations that wholesalescout uses. Take a look at the section that is dedicated to suppliers and you’ll see just how easy it is for them to get listed! All they have to do is fill in some basic information but some of that is optional! This means that suppliers don’t have to reveal all the necessary information for the retailer!

It’s very unusual that the site charges a fee for suppliers to get listed. Obviously part of their con job is to milk the suppliers for cash as well! But the bottom line is this - anyone with £17.99+VAT to spare, can get listed. After reading many authentic reviews it’s clear that wholesalescout doesn’t have any kind of research process in place. The evidence of this can be found in the terms and conditions section of the site.

An Intriguing Disclaimer

Take a look at the terms and conditions section of the site and you’ll come across some proof of the scams it runs. It states that despite all the stories they’ve told you about verification and dedicated researchers, retailers are advised to be aware of the risks of dealing with people who operate under false pretences! Why is a site that claims to verify their suppliers, making this kind of a statement?

That’s not all - Wholesalescout also says that they cannot and do not confirm the identity of any of their listings. Why? Because apparently verification is difficult on the internet! They actually have the audacity to say this! So what exactly are retailers paying this site for? To get hooked up with middlemen and fraud companies? The harsh truth about this scam site is that it spells nothing but bad news for any online business.