Vikrasseth Limited Scam Reviews: Genuine Company Or A Scam?
Did you buy something or come across an online store that listed Vikrasseth Limited as its company? Beware! it is a scam. Vikrasseth Limited is an offshore company linked to lots of fraudulent online stores. The network of online shopping sites lures buyers with discount sales but either delivers a cheap inferior item or nothing at all.
They also engage in bait and switch scam, subscription scams, and identity theft. Here’s how the scam works, customer complaints, and how to get your money back if you’ve already paid for an item.
This How The Vikrasseth Limited Scam Works
It is China based company. The scam websites that use it as their parent company do not deliver products ordered. Most times they send poor-quality items. The websites owned by this company use low prices to attract buyers on social media.
Sometimes, the scam impersonates popular brands like Bed Bath Beyond, Calvin Klein, Clarks, Pink Lily, etc. All these are social engineering tactics to gain buyers trust and make people fall for the offer.
After customers make payment, the scam stores do not deliver the items paid for or send a feedback. In rare cases, customers receive a fake tracking number or even a total cheaper item instead of what was ordered. When they request to return the cheap item, they’re either told to shop it to China, or keep it.
So far, some of the fraudulent online stores we reviewed earlier- Primitut, Reares, Uliaeats etc. use it as they parent company.
Vikrasseth Limited Reviews and Complaints
There are lots of complaints from customers who shopped from online stores linked to Vikrasseth Limited. Below are some of the reviews sent to us-
- ” I was scammed also , I ordered a ice maker colt red they set me a tiny plastic blue ice tray with a lid not what I purchased buyer beware . I will follow up with my bank institution . This website should and needs to be shut down we all need help with being refunded period”
- ” I ordered two dresses from them and they were horrible-weird fabric and weird fit. Tried to get a refund and then refused. Don’t fall for their ads”
- Bought a Double 18 volt Rechargeable refrigerator on June 20th and was charged even $10 for shipping and nothing came so I’m calling my capital one card company to tell them this fraud and also have bought clothing that never came too!!!!!
What To Do If You’re A Victim Of Vikrasseth Limited SCAM
Contact Your bank To Cancel The Transaction and Get a Refund
The first thing you should do is contact your bank to inform them about the fraudulent purchase. Through the chargeback system, you can get your money back from the transaction if you file a dispute claim. You could also request for a credit card freeze. That way, your bank would block any future transactions on your credit card, ensuring that scammers are unable to exploit it.
Update Your Passwords and Enable Two Factor Authentication
The second step you should take is updating your passwords. This should be done if you’ve used the same password you used on the websites or applications. You should also go an extra step of enabling two-factor authentication. This would keep you protected from data breech.
Meanwhile, you should beware of any fraudulent email from the store. Do not click on any suspicious link in the email, as it could be a phishing scam. Clicking on the link might install malware on your phone which could compromise your device’s security.
Report the Scam;
Report the scam to relevant authorities and organizations. This includes:
- Internet Crime Complaint Center (IC3): If you are in the United States, you can file a complaint with the IC3 at https://www.ic3.gov/.
- Your Local Consumer Protection Agency: Contact your local consumer protection agency or the equivalent regulatory body in your country.
- Better Business Bureau (BBB): File a complaint with the BBB if the online store is based in the United States.
How To Easily Identify a Scam Website This 2023
Aside from the obvious too good to be true discount sale, here are other ways to identify a scam website;
Recently Registered Website
How old is the website? The domain age of a website tells a lot about a store’s legitimacy or transparency. Websites below 6 months old are often considered unsafe. You can find out a website’s age by checking on Who.is ( a free domain checker tool)
Website Lacks SSL Encryption
find out if the website is secured with SSL encryption. (https and padlock symbols). If the padlock symbol doesn’t appear near the website’s URL, then it means your personal and financial information is at risk at the store.
No Business Address/ Fake Business Address
Does The website provide return address? If Yes (Copy the address and paste on your browser. Google map would show if it is a real warehouse address or a residential address) If the address has also been used by other websites you’d see reviews in search results.
No Reviews Online
Are there customer reviews online? (It is advised that you sit it out if there are no customer reviews of the store. However if you’re not patient enough to wait you can send a mail to us to verify if the store is legit)
Shady or No Returns and Refund policy
If the policy isn’t available or if it isn’t clear, you should quit shopping.
Unsecure methods of Payment
When an online store’s payment methods lack the necessary encryption and security measures to protect customers’ sensitive financial information, it puts you – the shopper at risk of unauthorized transactions.
Conclusion
Vikrasseth Limited is not a legit company but a scam Hong Kong based company linked to fraudulent online stores. The structure of the scam starts with discount sales offer, and ends with failure to deliver items bought by customers.
The sad thing about this scam is that it’s an offshore scam so it is difficult apprehending the scammers. However, all hope is not lost. If you’re a victim, kindly report the scam to authorities like the FTC and IC3 immediately.
Collect evidence like ads and screenshots. You should also dispute credit card payments as fraudulent with your bank.