Waddell & Reed Associates Details
Waddell & Reed Associates is an online investment company owned by Waddell & Reed Associates and located at 100 Dutch Hill Rd, Orangeburg, NY 10962, USA.
They can be contacted by phone number at +108456431018 or by email at email@example.com.
Their website can be found at : waddellandreedassoc.com waddellandreedassociate.com
Investment scams are getting harder to spot, but there are some signs that you should take into consideration to protect your money.
To avoid being scammed by an investment scam scheme, it is recommended to first take a look at what other people are saying about the company you want to invest in.
After doing some research on social medias (Facebook, twitter, instagram...) and investment forums, we found out that some users are unhappy about their experience with Waddell & Reed Associates and wrote mixed reviews about it.
It seems like Waddell & Reed Associates is not a reliable investment firm and you should take that into consideration before investing.
If you don't want to be the next victim of a fraudulent online investment website promising high returns and operating with a fake company, always do your own research first before investing.
Is Waddell & Reed Associates Legit or a Scam?
This is the most important thing you need to know about an investment company before using it. Is Waddell & Reed Associates regulated ? Is it an offshore company ?
Most investment frauds are unregulated or regulated by an offshore regulation authority which won’t help you in case of problem. Keep in mind that if an investment firm steal your money, you won’t be able to complain about it unless they are licensed by a serious regulator such as:
- The Cyprus Securities and Exchange Commission (CySEC)
- The Financial Conduct Authority (FCA)
- The Australian Securities and Investments Commission (ASIC)
An unregulated company is clearly not authorized to operate in any regulated country and you should definitely not put any money into it.
You should definitely avoid any unregulated or offshore investment companies.
How Online Investments Scam Work?
The common used strategy by fraudsters is to first send you some returns to give you the impression that you are quickly and effortlessly making money. This allow them to gain your trust.
Their next step is usually asking you to invest more money or get some friends and family to invest in order to get the maximum funds they can from you.
When they feel that you are not able to invest any more money into the scam, they will simply suspend or close your account and you probably won't hear from them any longer.
Many scam firms fraudulently claim to be based in a regulated juridiction using fake addresses and regulation licences in order to look truthfull in the eyes of future clients.
Don't fall into high yeld investments' trap.
More info about trading scams:
Got Scammed by Waddell & Reed Associates?
If you have lost money with Waddell & Reed Associates, don’t panic. You are not the first and you likely won’t be the last. Mistakes can happen even with the most cautious of investors, and should be used as a learning opportunity.
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Using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.
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