Who are traderecovery.net?
Looking at https://www.traderecovery.net/ the first question you have to ask is, how long did they spend buying that domain name? It isn't even vaguely descriptive of what they do. There is no trade, and if it is supposed to say trader, then what is ecovery?
Their address is supposedly:
3735 Main St., Ste. 1000 lakeside, C.A USA which does not appear to be a real address.
It also turns out that the testimonials on this site are from Payback-Ltd.com who are based in Israel, so it is possibly linked or perhaps even the same company.
We decided to contact them directly using their online chat feature. The person on the chat claimed to be the manager, but we suspect he is the only person involved. Probably responding via mobile device, they could even be using a fake address in Israel.
When we check out the address in Israel we find:
BinaryToday.com seems a little odd as a website to be hosting from the same address as all these recovery companies, it appears to be an affiliate linking site just like the scammers. We have long suspected that the fake recovery companies (unqualified, unregulated, unscrupulous second-bite scammers) are operated by the same people as the scammers, and here is some serious evidence that this is true.
It does look as though payback-ltd.com, money-back.com and funds-recovery.net are linked in some way too, perhaps even all the same company, as we can see they all share an address. This amount of rebranding is a bad sign as it represents evasiveness at best. Most likely they are all the same affiliate link scammers, which might explain why they appear to run BinaryToday.com as well.
The Money Back and Trade Recovery websites are both behind Cloudflare, which could just mean that they are the subject of a lot of DoS attacks, but it does also hide their real hosting. The Funds Recovery website is at namecheap servers. NameCheap are a company we see time and time and time again with these scammers. They all seem to operate with the same partners, which could indicate that they are actually just one group. It could also indicate that they are not original or intrepid, just a bunch of lowlife copycat w**kers.
Do TradeRecovery.net Ever Recover Anything?
Well there are testimonials here, but then that is true of most of the fake news sites such as the This Morning scams we see trying to defraud people daily.
If we search for one of the testimonials online as so:
We see the following:
Now either all the other companies are stealing testimonials, or they are all made up by the same person, either is just as likely with these gutless types. If they are a group, they share tactics online somewhere, if they are all the same people, they could be working out of Israel, as that is definitely where some of these 'recovery' companies are trading from. Even the address there is questionable, so if they are using Israel as a base, they may be using a fake address as well. They may be in some small village instead of Tel Aviv in order to feign association with a serious financial centre.
All these companies had exactly the same text in their websites:
that is: traderecovery.net
Are they are all just the same scammer funnelling the gullible people who have been scammed into being scammed again? We think that they are just more affiliate scammers of second bite recovery scammer companies. We think that they may all be the same affiliate of PayBack-Ltd.com who obviously pay a fee to anyone that sends them a prospect.
This, again, is a little unnerving as that is exactly how all of the Bitcoin/Crypto/Brexit fraudsters work as well.
Payback-ltd.com may well be a legitimate firm, that may be able to help people if their bank cannot, but we definitely do not recommend Payback-Ltd.com or their partners as they seem to employ a rather dodgy set of techniques to get their customers. A set of techniques identical to the original scammers. This whole Israel operation stinks, and it should be investigated from Tel Aviv by the proper authorities who definitely do not want to be associated with this type of activity.
VERDICT: TRADERECOVERY ARE EITHER JUST A SALES FUNNEL OR SOMETHING WORSE.
STICK TO SOLICITORS OR LAWYERS IN YOUR OWN COUNTRY BUT START WITH YOUR BANK