Is this company legit?
This is the million-dollar questions that we have been getting for quite some time. Like every other questionable broker lets look at the facts and info and see if we can draw some conclusions.
What’s in a name?
Everything! Classic scam behavior is to copy the name of an existing and upstanding business. The reason for this is that if a targeted victim googles the name of the company they will see stellar reviews. In this case, the company tells its clients to look up “seven dragons group” and low and behold they will find great reviews about www.sevendragonsgroup.com which is a marketing, research and training agency.
Here is what their logo looks like:
Strikingly similar but maybe it’s just coincidence.
Upon looking over their sevendragonsgroup.com I noticed that their listed address is 71-75 Shelton Street, Covent Garden, London, WC2H9JQ this is something to keep in mind.
Any company that is not a .com should be a red flag for starters but it is just a bit too odd that the trading company we are analyzing is 7dragons.group. A name copy and a .group web address. This is a bit fishy.
Location Location Location!
We are all familiar with the age-old idiom. Location is everything and in this case, it really is everything. See for yourself!
Ding ding ding! Its the exact same address as sevendragons.com
Look no further 7dragons.group is definitely a scam!
Normally when we analyze a trading site we will analyze the regulation, which doesn’t exist…
We analyze website images such as the picture of the CEO which can be found here
Which happens to be a stock photo on various websites including shutterstock.com, dreamstime.com, agency850.com, and tecreview.tec.mx among dozens of other websites.
Which all indicate this is 100% a scam. But again the address alone was enough to blow their cover.
If you have “deposited” any money with 7dragons.group you may have been able to make a small “withdrawal” which is par for the course, however, they will never allow the withdrawals of any significant amounts.
This company is a SCAM!!!
For free information on how to get your money back from 7dragons.group book a free consultation here