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The World Company Register - is it another scam?

World Company Register"Updating is free of charge" says the email ... but read the fine print and you'll see that submitting information and signing it commits you to a spend of 995 euros per year for three years. Curiously, the fine print wasn't very legible to me, so I've extracted the text to help you read it, and taken it out of "all caps" ... here's their text, reproduced here for critical review:


The signing of this document represents the acceptance of the following conditions and the conditions stated in the terms and conditions for insertion on web page www.worldcompanyregister.com.

The signing is legally binding and gives you the right of an insertion in the online database of The World Company Register, which can be accessed via the internet, and a cd rom with worldwide businesses is granted, all in accordance with the contract conditions stated in the terms and conditions for insertion on web page www.worldcompanyregister.com. The validation time of the contract is three years and starts on the eighth day after signing the contract. The insertion is granted after signing and receiving this document by the service provider.

I hereby order a subscription with service provider international directories group ltd world company register. I will have an insertion into its database for three years. The price per year is euro 995. The subscription will be automatically extended every year for another year, unless specific written notice is received by the service provider or the subscriber two months before the expiration of the subscription.

Your data will be recorded. The place of jurisdiction in any dispute arising is the service provider's address. The agreement between the service provider and the subscriber is governed by the conditions stated in the terms and conditions for insertion on web page: www.worldcompanyregister.com


The text also says "PLEASE RETURN TO: P.O. Box 3079 [c2][b7] 3502 GB [c2][b7] Utrecht [c2][b7] The Netherlands World Company Register is a product of International Directories Group Ltd., P.O. Box 3079 [c2][b7] 3502 GB [c2][b7] Utrecht [c2][b7] The Netherlands"

I believe that this is a spam email ... false advertising ... misleading ... bad value for money. Don't fall for it!

Doing a bit more research ... trying to make sure I'm being fair / looking for information on the company's site about their traffic levels, I found none. I did find a second PO box - C/ Azcona, 58, local, BOX 252, 28028 MADRID, SPAIN, and the statement "The World Company Register online is product of International Directories Group Ltd., a corporation organized and existing under the laws of BVI." - That's British Virgin Islands. You can read about the advantages and protections that a company in the British Virgin Islands has [here] and ask yourself why a directory provider needs such extreme secrecy and protection.

Update - June 2010. There's further correspondence and suggestions on the World Company Register just added [here]. It seems that I am far from alone in questioning whether the register is worthwhile for anyone except the people who run it.

Update - July 2010. I have received several emails which ask me to put various people who feel that they have had a raw / poor deal from this company in touch with each other, and that includes one contact who's email address I am cleared to give out. In any such circumstance, I have to ask "is this someone who is genuinley concerned, or the company involved looking to find out who the troublemakers are", and I'm pretty sure it's the former. Please email me (graham@wellho.net) if you would like the details (or to have your details forwarded to this person / company).
(written 2010-03-23, updated 2010-07-16)

 
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This is a page archived from The Horse's Mouth at http://www.wellho.net/horse/ - the diary and writings of Graham Ellis. Every attempt was made to provide current information at the time the page was written, but things do move forward in our business - new software releases, price changes, new techniques. Please check back via our main site for current courses, prices, versions, etc - any mention of a price in "The Horse's Mouth" cannot be taken as an offer to supply at that price.

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Comment: "Ive already registered with dem & yes they are sending me ..."
Visitor Ranking 4.9 (5=excellent, 1=poor)
5 unpublished comments pending on this page

Comment by Atit (published 2012-02-11)
Ive already registered with dem & yes they are sending me letters requesting payments. Wat shud i do? [#31021]

Comment by Patrick Nolan (published 2011-05-24)
World Business Guide aka World Company Register is now Europe Business Guide, with a site "Ebg-2011.net". They sent me a .PDF from a "email5@3ebg2011.net" with reference to email "register@ebg-2011.com" and a fax number listed as "+31 (20) 524-8107" - here's a copy of the text:




From: "Sophie Grand" <email5@3ebg2011.net>
To: <recipient>
Subject: World Company Register 2011-2012
Date: Wed, 23 Mar 2011 09:49:48 -0400

Ladies and Gentlemen.

In order to have your company inserted in the registry of World Businesses for 2011/2012 edition, please print, complete and submit the attached form (PDF file) to the following address:

Europe Business Guide
P.O. BOX 2021
3500 GA, UTRECHT
THE NETHERLANDS
[#3936]

Comment by Julia (published 2010-10-08)
Thank you very much for information!

received precise this letter with blue form you show, started to read the text, but it was all in CAPS, dropped on the 3rd line, but sensed something fishy and went to google, fund your site, read, went back to read the whole text in CAPS and Yes! there is price there 995 euro/year instead of advertised "free of charge".

Best luck to you in your honorable work! [#3776]

Comment by sal (published 2010-09-01) Suggested link.
yaa becareful of using such a company, it charges 1500. its all in the small print. Also recently there has been lots of scams from china about domain name [#3753]

Comment by David (published 2010-09-01)
Those guys aren't registered in AGPD (www.agpd.es) where every electronic file in Spain must to be registered.

Otherly, their domains are used only for 1 year. Nobody buys a dotcom domain for only twelve months... if they aren't using it for scams, fake pharmacies, phishings, etc etc etc

Domain Name.......... worldcompanyregister.com
Registration Date.... 2010-03-03 12:47:29
Expiry Date.......... 2011-03-03 12:47:29

Domain Name: THEWCR.COM
Created on: 19-JUL-10
Expires on: 19-JUL-11 [#3743]

Comment by Anon (published 2010-07-15)
Hehe...i actually sent them an email and asked them to forward me 995 euros and in return i'd put a link to their page on mine...didn't recieve any reply nor money yet tho...still waiting=) [#3630]

Comment by Prestige Car Hire (published 2010-05-28) Suggested link.
dont use the work company register they are a conn, when you sign and dont pay they will start to send you legal letter requesting payment etc. [#3612]

Comment by Anon (published 2010-05-24)
Thanks for your help [#3590]

Comment by Camilla (published 2010-04-14) Suggested link.
Here we are talking about criminals, they now use World Company Directory, previously known under the following names.: World Business Guide, World Business Directory and many more.

So beware to join this directory [#3539]

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