ONLINEAUTHORITY.IO AGENCY - get your own online cross-border PASSPORT

Behind every business there is always a person or How to avoid scams?

Have you read about all scams going on in the past and they are continuing today? People are investing in ICOs or Startups, but all the money disappears? How do you know to whom are you sending your money or cryptocurrency?

The scenarios can be countless. Someone wants to buy a car, transfers money to the seller’s bank account and he mysteriously disappears. Making apartment reservation for the long awaited holiday, but upon arrival you realize there is no building on the booked address. Making business with an unknown company (forget their fake testimonials) which will not deliver your goods and you paid them. How do you know your new business partner is really from UK and not from China? How will you check the existence of particular person?

Today we would like to share only 3 different cases from 2017

Social media (|Facebook and LinkedIn) does not give you enough details on the person behind the scene. Government databases (company’s databases in particular) are too complicated to find information and to track a company or persons behind it (or they are not public or even in local language only). Today there is no problem to create fake profiles, incorporate offshore company or even fake all of this information. We live in the 21st Century.

1. ICO and Startup Project scams
   2017 saw plenty of projects which did not deliver what they promised. Lots of startup companies just failed because of lack of market demand, not enough funds, bad and inexperienced management. There were also plenty of crowdfunded startups which promised some goods to the pledgers, but they didn't deliver anything. This is not just lack of experience but also a shameless scam. Scams are happening more and more. ICOs are huge potential to be a joke without market potential and inexperienced teams, but also a complete scam. This means that the “inexperienced team” is absolutely imaginary. In such a fraudulent online environment people should be more cautious than ever about who they trust and make business with. Check every person behind the project, check his reputation, comments and, most importantly, whether they have introduced personal documents to OnlineAuthority.io.

2. Car selling scam
   International used car market became easy with different online platforms. Easy to make deals, easy to scam and easy to lose money. Thousands of listed sellers are actually non-existent in reality along with their imaginary cars. However, so many people lost their money as it turned out, for example, that the transferred funds were not sent to UK but to someone in Africa. OnlineAuthority.io is created to help prevent such blatant mistakes from happening by providing the opportunity to the buyer to make a thorough check of the seller and make an informed purchase decision.

3. Apartment renting out scam
   The Mediterranean region is such a picturesque destination with a pearl in its crown called Croatia. It is a widely popular vacation spot among celebrities worldwide who cruise along the islands in their yachts searching for secluded places. A trending scam in 2017 was connected with bookings by listing fake apartments for rent. Imagine arriving after a 14-hour flight to the destination, getting to the address you are supposed to stay only to be welcomed by the shocked owners of the apartment who didn’t even have a clue their apartment was listed for bookings. Such unpleasant situations can be avoided if you perform a landlord check on OnlineAuthority.io.

Check out our social media pages and follow the actual cases!

The Solution: OnlineAuthority.io resolves the main problem - TRUST. We are an independent “know-your-client” and “know-your-business-partner” non-government verification agency.

With countless scams happening on every step of the way, every client, investor or business person needs to check if the people on the other side are real, honest and what reviews they have received. Even big corporations a need KYC platform to check ratings and details of their partners and clients. Noone wants to waste time and lose money. That is why OnlineAuthority.io is here.

After OnlineAuthority.io team check the user’s documents (passport copy and utility bill), they can update their profiles by including any information they consider relevant and appropriate. The platform is flexible and provides settings for privacy control of the uploaded information. The interface is designed in a simple and user-friendly way to serve and connect people and business.

Our goal with future blog posts is to shed light on various scams in different industries in order to make more people aware of what is going on and what can go wrong. Forewarned is forearmed.

Meanwhile get your own online PASSPORT!