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Welcome to SKAM track

HERE YOU CAN FIND EVERYTHING YOU NEED TO KNOW ABOUT ABOUT a COMPANY CALLED SHARETRACKIN -Training and not-so Trading platform

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If you had a negative experience with Sharetrackin,a company based in Centurion , we want to hear from you!

Share your story and create awareness. Together we can help others avoid similar situations.

We  ASKED   Chat GPT

Should you avoid dealing with Sharetrackin based on their track record?

Based on the information available and firsthand experiences shared by clients, there are several red flags that suggest you should proceed with caution when dealing with Sharetrackin. Here are a few reasons why you might want to avoid engaging with them:

  1. Lack of Transparency: Sharetrackin has been accused of hiding crucial details about the true cost of their services. The total cost, which includes the price of the software, interest, and additional fees, is often not fully disclosed upfront.

  2. Misleading Claims: They promise unrealistic returns, such as 40% growth, without providing clear evidence or legitimate explanations. Such promises are often a tactic used by companies with questionable practices.

  3. Unnecessary and Overpriced Software: The software they sell is described as unnecessary for actual trading, and there are claims that it offers no real value beyond being a simple training platform. This suggests that the software is more of a marketing tool than a legitimate trading aid.

  4. Deceptive Sales Tactics: Sharetrackin uses high-pressure sales tactics, convincing clients that they can cancel at any time and that the investment is risk-free. However, the reality often involves long-term contracts with hidden costs.

  5. Third-Party Loan Ties: Clients are reportedly tied into 3-year contracts with a third-party loan company, CT International, which can add further financial burden and complexity to the deal. Sharetrackin allegedly tries to distance itself from the third-party loan provider, which raises concerns about transparency and accountability.

Given these concerns, it may be wise to avoid dealing with Sharetrackin or to conduct thorough research, seek independent financial advice, and carefully consider the risks before making any decisions. If you're considering investing with them, it's important to ensure you fully understand the terms and costs involved.

 

                                                      *Unbiased report from   ChatGPT

HOW SHARETRACKIN WORKS

**How Sharetrackin Works (Based on Firsthand Experience from Our Clients)**

1. **Initial Contact**: You will likely receive a call claiming that you have unclaimed shares on the Johannesburg Stock Exchange (JSE).
   
2. **Meeting Arrangement**: They will schedule a meeting with a salesperson who will come to speak with you.

3. **Promising Easy Profit**: During the meeting, they will emphasize how easy it is to make money with their system.

4. **False Reassurances**: The salesperson will assure you that you can cancel at any time, making it seem risk-free.

5. **Expensive Software Offering**: You will be persuaded to purchase their software for R38,000 (2024 price), payable over 36 months, with an additional monthly fee for support and training. The sales person will have all the contracts ready. You should read them,they will make you sign-firstly a contract between you and a loan company CT International. They will make out that you are paying of the R38k over 3 years,which in fact is not true. Sharetrackin distance themselves from CTI ,and pretend to only provide the loan documents. CTI will also pretend not to know anything about Sharetrackin and how their business operate. This is false,they together intend to extort massive amounts of money out of you with  with the so called "Encompass software". Conveniently Sharetracin and CTI are running a partnership to in debt  innocent people .
They have no shame who they take advantage of.

6. **Missing Crucial Information**: What they won't tell you is that the software is not necessary for trading, and it has no real value. In fact, the so-called "software" is just a few basic webpages you log into.

7. **Hidden Costs**: They will not fully disclose the total cost. The software, combined with the monthly service fee, life cover, and R20,500 interest, will result in a total of R67,500. Would you really pay this much for software that doesn’t deliver?

8. **False Promises of Profits**: They will guarantee that the money you make monthly will cover the repayments, presenting it as a risk-free investment that pays for itself.

9. **Unrealistic Growth Claims**: They will promise you a 40% growth on your investment, but they will not disclose the true nature of what you're getting into.

10. **Misleading Software Information**: You will be informed that the software is  a "training platform," and not telling you using it is time-consuming. It has nothing to do with real trading or even demo trading. They pretend that it is crucial for trading, which is a total lie.

11. **False Promises of Easy Success**: You will be assured that using Telegram recommendations from Sharetrackin’s so-called "Guru" will only take 10 minutes, making it sound like easy money.

12. **Deceptive Simplicity**: You will be told that they will do all the work for you, and all you need to do is follow the guru's recommendations and watch the returns roll in.

13. **The Truth**: The software is essentially worthless, and the entire system is a scam. You will never need or use the software.

14. **Hidden Contracts and Third-Party Loans**: You will be tied into a 3-year contract with a third-party loan company called CT International. All necessary documentation will be provided, but Sharetrackin will pretend they have no connection to this third party.

15. **Concealed Information**: They will conveniently withhold important details about the loan and pretend it’s part of their own company, while allowing you to make payments directly to the loan provider.

In summary, Sharetrackin’s system is designed to mislead, overcharge, and lock you into an expensive, unnecessary contract for software that offers no real value. Proceed with caution.
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