Suewat.com has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Hyperverse. We’ve received over 3 complaints against Suewat.com.
Suewat.com gives rise to significant worries, highlighting its unregulated structure and lack of transparency. Its reputation is further damaged by the lack of dependable information regarding complaint resolution, deposit/withdrawal procedures, and customer experiences. When these warning signs are combined with impractical assurances, Suewat.com is certainly fraudulent and not a reliable investment platform.
Get Your Money Back From These Scammers!
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Key Takeaways
Is Suewat.com Regulated? Do They Have a License?
Suewat.com has been discovered as a scam website that defrauds clients by mimicking well-known companies. The lack of regulation or the presence of poor regulation is a huge red flag. It means Suewat.com is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of Suewat.com, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Concerning Issues Present at Suewat.com
Suewat is characterized as an unregulated investment platform, implying risky and potentially unreliable trading conditions. The review does not provide specifics about deposit and withdrawal methods, but the lack of regulation typically signals caution in these areas.
Suewat.com is a recent domain creation, which is usual for scam websites that operate short before disappearing to evade detection. To entice naïve buyers, the site provides products at extraordinarily low costs, which are frequently reduced by 70% to 90%. High-priced items, such as a 12L Air Fryer Oven, are available for as little as $7.49, despite a market worth of over $800.
Suewat.com just provides an email address; there is no phone number, physical location, or live chat option. This makes it harder for customers to solve problems or seek help. The website incorporates product photos from renowned online retailers such as Alibaba, Amazon, and AliExpress. This lack of originality suggests an intention to fool clients with counterfeit goods.
Suewat.com has no social media presence, which is rare for reputable internet retailers. This absence reflects a lack of transparency and client participation. There are no favorable or honest reviews. Complaints include late or missed delivery, poor customer service, faulty or broken merchandise, trouble obtaining refunds, and fraudulent credit card payments. The website lacks a secure HTTPS connection and is linked to other suspicious websites. It also has inadequate technological design and metadata, which reduces its credibility.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
Suewat.com Customer Service: Do They Handle Complaints Well?
Suewat’s complaint handling is not well stated, implying potential responsiveness and effectiveness difficulties.
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.
If you have information on a scam or criminal operation, you can get access to 40+ investigative journalists & news outlets for free. Send us a detailed report here and if you qualify, we will forward your case ahead.
Suewat.com Reviews: What Do Others Say?
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like Suewat.com tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust Suewat.com reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of Suewat.com, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Suewat.com enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Suewat.com reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Suewat.com.
You should always look out for consumer complaints. In the case of Suewat.com, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees and charges
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about Suewat.com? You can share your complaint in the comment section or submit an anonymous tip.
Is Suewat.com Legit Or Scam?
Suewat does not qualify as a valid platform. It emphasizes a number of red flags, including issues with transparency, absence of regulation, and preposterous claims, which are all consistent with fraudulent schemes.
Suewat.com is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Suewat.com can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust Suewat.com?
Suewat.com contains multiple red flags indicating a scam. Exaggerated discounts, a lack of contact information, plagiarized content, no social media presence, and unfavorable customer reviews all indicate that it is bogus. To avoid financial loss and protect personal information, do not shop at Suewat.com.
All the evidence suggests that Suewat.com is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.
Frequently Asked Questions
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How The Suewat.com Online Scam Works
Intelligence Commissioner investigates & reviews online money-making opportunities. We strive to provide critically helpful information to our readers and assist them in identifying scams. 
