Phoenix Advisors Group Review

Phoenixadvisorsgroup.com is a recovery firm that claims to help the victims of online scams by fraud brokers to get their funds back. The recovery firms are the firms that actually fight on behalf of the victim and follow a legal process to file a chargeback against the fraud brokers. There are numerous of these recovery firms present online but besides the legit recovery firms, there are scam firms too. Therefore, despite trusting on the firm’s claims one should cross-check about those claims’ authenticity. Read the full Phoenix Advisors Group review here.

About Phoenix Advisors Group:

Phoenixadvisorsgroup.com is a firm based in Poland. The firm is owned by phoenix partners SP. Z o.o. Ltd. which is a consulting group. The firm claims to help clients recover their funds from the fraud online brokers. The phoenixadvisorsgroup.com provides not only recovery services but many others. There is not much clarity about what services does it provide as it has mentioned different things regarding its services on its different pages of the website. The firm has mentioned only about its recovery service on its ‘services’ page, whereas on its ‘About us’ page it has mentioned financial advisory services as its one of the services it provides. The firm claims to be registered in Poland but provides services over the globe.

More facts about the Phoenix Advisors Group:

Phoenixadvisorsgroup.com owns rexwealthrecovery.com which is suspected as a scam firm. Rexwealthrecovery.com does not provide legal services it works on a contract basis with other legal investigators, it has mentioned this in its company information. The dundewealthrecoverygroup.com, rexwealthrecovery.com, merilledgeweathrecovery.com, and phoenixadvisorsgroup.com all of these firms are inter-linked. That’s why phoenixadvisorsgroup.com has also been suspected as a scam firm. Furthermore, on searching the internet about phoenixadvisorsgroup.com we found that Scamadviser has found this firm suspicious. The reasons for detecting suspicion are –

  • there are no reviews of this firm on Web of Trust,
  • there are 2 countries behind the firm’s setup and
  • that this site is actively preventing credit card chargebacks.

On scamion.com a reviewer called phoenixadvisorsgroup.com a fake company as the firm took all the money that the victim has deposited with them and then never responded to his emails.

Whois record of Phoenix Advisors Group:

According to whois.domaintools.com, the record of whois says that phoenixadvisorsgroup.com is Created on 2015-02-11 Expires on 2021-02-11 Updated on 2020-02-03

Is Phoenixadvisorsgroup a scam or a legit firm?

Phoenixadvisorsgroup.com is associated with the two firms that have been suspected as scam firms. The website also doesn’t provide clarity about the services it provides which affects the firm’s transparency negatively. Moreover, the ratings of Scamadviser and review on Scamion has indicated a red flag for the firm. Hence, we would suggest you consider the review above and the details before entering into business with the firm.

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