If you missed the huge news, TheDealBuyer.com was shockingly “acquired” by “BuyingGroup.com”. We can’t believe it either!

The former website, known for its infamous involvement in the buying and selling of stolen electronics, has been taken over by BuyingGroup.com, the so-called powerhouse behind this questionable website:

BuyingGroup.com positions itself as an “established company that’s done millions of dollars worth of business with hundreds of satisfied buyers around the world”. However, the stark reality is that ‘buyers’ are often scammed, and the products they receive can be stolen. Engaging with BuyingGroup.com exposes you to the risk of losing your money and inadvertently supporting illegal activities.

It’s essential to exercise caution when dealing with buying groups, especially when a platform like BuyingGroup.com seems too good to be true. Here are a few tips to help you stay safe:

• Check the website’s reputation - Search for online reviews and ratings of the website on platforms like Google, Twitter, and Discord. If there are numerous negative reviews (as is the case with TheDealBuyer), it’s best to steer clear of the website. Beware of multiple positive reviews from accounts with little to no history of dealing with the company, as it’s likely they aren’t legit.

• Verify the website’s owners - Ensure the website provides valid information about who they are and which companies they work for (or operate under).

• Don’t share personal information - Be wary of websites like TheDealBuyer or BuyingGroup.com that request excessive personal information, such as your full name, address, and bank account details.

• If you do decide to use buying group websites such as BuyingGroup.com, be aware that they have a history of “losing” packages. When one of your packages eventually gets stolen, there is little to no recourse for you at that point.

Despite the rebranding from TheDealBuyer to BuyingGroup.com, it remains a fraudulent website that should be avoided at all costs. It’s critical to be cautious when considering the use of buying groups, but if you choose to do so, be prepared for very high risk and little reward.