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.
