Sometimes fake companies look more real than the original brands. Everyone uses some products or services. These things come from a company or business. Therefore, you must know how to check if the company is fake or real. This will help you ensure protection from fraud. You can also save resources for the future. In this process you can use some tools to find fake companies. We will try and cover some of the most important aspects of verifying company identity. Once you start using these tools you will become an expert in how to spot fake companies. We will start the definition of a fake company and move on to the fake company checker tools.
Definition of fake company
Any company that is trying to cheat people in the name of products or services that do not exist in the portfolio. The company may be registered but the executives of the company will never reveal the correct identity. They are always afraid of getting caught due to which they prefer to hide themselves.
How to spot fake companies
This is not easy but it is possible using some tools. You can use some of these techniques as your fake company checker tools. It is possible that you are using outsourcing services for spare parts and other services. Still there are chances of fraud. Some people simply ask you to pay token money. Normally they ask you to make payment online using a payment gateway. As soon as you make payment online they disappear.
Very with the Company Name Database
Everything starts with the name. Many people set up fake companies but they do not register them. Every country has a company name database. You only have to search the company name in the government database. Normally it is available to the public. If you don’t find it then it is better not to do business with this company. This is the first step in finding a fake company.
Beware of Similar Name Companies
Let us understand this with an example. You are running a manufacturing business. You need raw material for your production unit. What are the options available. First of all you will search the internet for the raw material suppliers. You will make a list and start connecting with them. During your research you will also find some advertisements of the raw material provider companies. There you find a name that looks familiar. The problem starts here. You need to be careful about the name because there are many fraudsters available online. You must make sure to check if the company is fake or real.
Many people set up fake companies but they do not register them. Every country has a company name database. You only have to search the company name in the government database. Normally it is available to the public. If you don’t find it then it is better not to do business with this company. This is the first step in finding a fake company.
Check WhatsApp DP to confirm executive
This may sound funny but you can also use this small step. Most people who are into running a fake company do not reveal their identity. First of all they will tell you a fake name and to confirm this you will not find an image in their WhatsApp account. This is from a personal experience that you can cross check. Most fake callers do not display their own photo as a “Display Picture” or DP. You can also verify social media accounts for more details. There will be very few or no friends on social media pages.
Check if the website is fake or real using Whois Data
As soon as you receive a call with someone via email, ask for a website. This works as a great tool to spot fake companies. This is not a direct fake company checker tool but a domain is one of the most important assets for a company. A company website is also an important marketing tool. You need to check if the website is genuine or not. Most genuine companies make a website. The idea is to save time and promote business. But in this case people avoid sharing the website. If you get one, the next thing is to check Whois data. Now you may ask what is Whois data.
“Whois” data is the collection of information related to a domain. This domain checker tool gives you details about domain registration date, owner information and server details. Cross check the details with multiple sources.
Check Company is Fake or Real by Checking Customer Reviews
One more fake company checker tool is customer reviews. Real companies are always connected with their customers. Many of them develop a customer feedback system. If they do not have one Google Reviews is one of the sources. Many people leave google reviews about products and services from a company. If you do not get any reviews, you can start doubting. But this does not mean every company with no customer reviews is fake. The company may be relatively new and you may be the first client. In this case it should meet other parameters. Being new is not a problem but being fake surely is.
All these tools to identify fraud companies will help you save time and money. Additionally, you will become scam proof. The world is full of fraudsters. These people are looking for a chance to make you fool for their own benefits. Therefore, every individual should know how to check if the company is fake or real.