INTRODUCTION.
This company is a mobile eSports platform based in the United Kingdom (UK). It is run or operated by Espian Global Corporation Limited with headquarters in Poland. The company claims on its website that it is indeed the future of mobile games worldwide. Additionally, the company is also into Cryptocurrency business too. How do we stand with this company, with regards to its credibility and sincerity of purpose, especially if one considers the proliferation of scam schemes in the foreign exchange(Forex market) and online trading?
To start with, the company has one green flag that stands it in good stead, and that is the fact that they have on their website the pictures of their chief executive officers (CEO), Edgar Ariel Gavilan Gonzalez and Dato Dr Erwin. Notably however, certain features of the company makes it look like a ponzi scheme. For example, its structure and investment plans appears similar in every way to how a ponzi scheme looks and operates. Furthermore, the company does not have any legitimate product apart from earnings through referrals and growth in rank. In addition, it has a very low credibility rating, judging from its scores after verification.
How does one earn through this company? Well, to start with, you can earn through any of several ways, which include: direct referrals (that can earn up to 5 percent or about 2.5 dollars for each person you register), two teams matching incentive, supermatching bonus, quick commander royalty, medal of honor bonus, super context winning and so on. Having said all these about the company, is it considered as a genuine site for online trading? Despite the need to answer this question, we should first look at how online fraud is perpetrated and what are the signs to look out for.
SIGNS OF ONLINE FRAUD.
From the outset, it easy is to spot an online deceit, if ever there was one. Commonly, these nefarious people are known to adopt measures that will enable them to evade identification. For this reason, they hardly make available the profiles of those behind the companies, and where they are forced to, they may present you with a paid hand or actor who will most certainly disappear into thin air once you have been dupped. In line with this assertion, the names of their principal officers or CEOs are usually omitted from the site. To further worsen the matter, they may give fake addresses on the websites or addresses that contradict one another from page to page. It is also common to post a few positive trades in which some people have made some gains or profits through them. These so-called lucky customers may themselves be paid hands and not sincere persons.
Agencies of government also have a role to play in how these companies operate. For this purpose, these agencies periodically give updates on events according to the data available to them. They never fail to warn people against dealing or going into any business arrangement with companies that are neither registered nor regulated. Most of these agencies claimed not to have either registered or regulated this company. This simply means that should anything go wrong, you really have nobody to turn to and lodge complaints, because despite repeated warnings, you have ended up getting involved with an anonymous company or persons, who are in other words just ghosts. Do not get involved with any unregistered or unregulated company due to the risks involved.
Simple procedures or measures will suffice in finding out about these scammers and their outfits. One, you can always search on Google about any company and those behind it, as well as any information which a prospective investor may want to have. Yo can be certain that Google will help out on this. If all is well with the company in question, Google will surely regale you on that. If Google doesn't know, chances are pretty high that nobody does. In addition, you have readily available effective tools which can be used to enquire about such things, like Fakespot, ReviewMeta and so on. If you get caught with your pants down in these matters, it is, simply put, your own doing. The age of the company also matters in issues pertaining to its credibility. For instance, if the company has been in operation for a long time, there is the possibility that many people have either dealt with it before or they have heard about it. This is a very good credibility quotient in the company's favor. On the contrary, if the company is relatively new, people are bound to be skeptical in terms of how assured they are when dealing with it. So, find out about the age of the company and its registration. Never forget to equally find out when its registration will expire, even if it is still valid.
HOW DO WE DEAL WITH ONLINE FRAUD?
First, be careful of how you make payments even when you are investing. You should make payments only through means that are not detrimental to you. Never divulge your secret numbers or codes to anybody, because if you do, you stand the risk of getting dupped or defrauded. Avail yourself the opportunity of a chargeback option, if ever there is the need to get your money back. A chargeback option will enable the recovery of your money from fraudsters eventually. Before you go into partnership or business with anybody, you ought to know as much about them as is possible. If all your efforts in this venture fail, just know that you maybe dealing with a ghost, and when that happens, please abandon ship. People always complain whenever they are cheated by anyone. So, read the reviews of people on the internet. If there is a preponderance of complaints, never go ahead with any business deal. Verify their licenses, addresses, phone numbers and so on. The instant anything sounds funny, take a step or two back, or run if necessary, for fear of being scammed. It may sound hilarious, but it is actually true and useful. Sometimes, if you feel backed to a corner, you can threaten legal action or going to the police. There are cases where such threats have actually succeeded in eliciting a favorable response from fraudsters or dubious companies. Don't just threaten, if they push you too hard, reciprocate by making your threat stick; make good on your threats, if you feel the need to.
IS ESPIANGLOBAL LEGIT OR A SCAM?
We have analyzed Espianglobal as much as is realistically possible using all the available parameters of doing so effectively. At this stage, we may be justified to conclude on whether the company is a fraud or not. Though its online rating is indeed low, but there are few things that stand in its favor, such as an identifiable CEO, and the presence of certain vital data on the company's website. So, taking all these things into consideration, we can say that, for the moment, Espianglobal is legit. However, this does not in any way means that you should not research the company as much as is realistically possible, or that you should invest any money with them more than you can lose tolerably. Essentially, we are only saying that, despite everything, be as careful as possible in dealing with the company. After all, our findings may not be perfect or fool proof.
CONCLUSION.
Resisting the urge to make quick and humongous money may be very difficult to deal with, but it is highly recommended that we go about it carefully and with diligence, because if you are rash, you may become opened to all sorts of nasty and fraudulent schemes and people. Always make sure that whoever or whatever you are dealing with is available, reachable and a legal entity, who can sue or be sued too. Anything contrary to this is an anomaly, the brunt of which you may cause yourself to eventually bear. Regardless of how much you may want to invest for any profit making you hope for, be careful so that you don't eventually fall prey to dupers. Make sure that you make in depth and thorough research before you venture into anything. In addition, ask from friends around you as to whether they have heard or dealt with any such company. The good thing is that people never hold back when it comes to fraud. Quickly, you would be told what you should know. Find and read online reviews about those you are dealing with. This will most likely stand you in good stead eventually. Never forget when you may need to exercise any available oportunity that will enable you to recover any money you might have lost through the chargeback option. Do all these, and it is almost pretty certain that you are not likely going to fall prey easily, if at all.