In the ever-evolving world, there’s a platform called Boardsi, formerly known as ExecRanks, raising eyebrows for various reasons. This platform claims to connect mid-level managers with desirable advisory board roles, promising attractive compensation in the form of money or equity. However, the question that arises is: Is Boardsi legitimate? Does the site deliver on all its promises? In this Boardsi reviews article, we’ll dig deeper to determine the platform’s legitimacy and whether it lives up to its claims.
Table of Contents
Understanding Boardsi.com & Its Approach
BoardSi targets mid-level managers through ads on professional networks like LinkedIn. These ads make enticing promises of earning up to $30,000 per year or getting equity through advisory board positions. But there’s a catch – to apply, candidates have to subscribe to the Boardsi platform, which comes with a hefty initial fee of $200 and a monthly charge of $195.
Boardsi Reviews: Unsettling Experiences
The user’s encounter with Boardsi triggered worries. During the first talk, the representative insisted the user on a $200 monthly fee and a $200 initiation fee. However, the inquiring about placement rates resulted in unclear answers, casting doubt on the platform’s legitimacy. Efforts to obtain concrete placement rate data were met with silence, prompting skepticism about Boardsi’s professionalism and transparency.
Is Boardsi Legitimate?
Unusual Payment Requests
As per Boardsi reviews, the demands for credit card information during the first phone call are suspicious and raise questions about their motives.
Lack Of Placement Rate Data
Despite claiming high placement rates, BoardSi doesn’t provide concrete figures, relying on vague assurances that don’t inspire confidence.
Ignored Follow-Up Requests
Multiple attempts to get information were met with silence, making me wonder about the platform’s commitment to communication and professionalism.
Questionable Payment Model
Boardsi’s payment structure, with a $200 monthly fee and a $200 initiation fee, deviates from industry norms, adding to suspicions of potential deceptive activities.
Guarding Against Deception
To protect yourself from potential deception on Boardsi.com or similar schemes:
Be Cautious With Unsolicited Communications
Watch out for unsolicited emails or ads promising opportunities. Verify legitimacy by contacting the official source through established channels.
Avoid Clicking Suspicious Links
Don’t click on links or download content from questionable emails; they might contain malware or phishing attempts.
Boost Online Security
Use strong antivirus software to protect your computer from potential threats.
Responding To Deception
If, unfortunately, you fall victim to deception, take the following action:
Notify Financial Institutions
Quickly inform your bank or credit card issuer and request a chargeback for any unauthorised transactions.
Change Passwords
If you’ve shared passwords, change them immediately. Use strong, unique passwords for each account to enhance security.
Report Deception
Report the incident to relevant authorities such as the Federal Trade Commission (FTC) or local law enforcement agencies.
Monitor Credit Activity
Keep a close eye on your credit report for any suspicious activity resulting from the deception.
Final Words
While Boardsi appears attractive for lucrative advisory board roles, caution is crucial due to warning signs and a lack of transparency. As you navigate the professional landscape, staying vigilant and recognizing irregularities is key to avoiding potential deception similar to what Boardsi.com may entail. Prioritise thorough research and scepticism to safeguard your professional journey from potential pitfalls.
FAQs
What is Boardsi?
Boardsi is a platform connecting mid-level managers with advisory board roles, promising compensation in money or equity.
How does Boardsi operate?
It targets managers through ads, requiring a subscription with an initial $200 fee and a $195 monthly charge.
Is Boardsi legitimate?
The legitimacy is questionable based on Boardsi reviews citing unconventional payment requests, a lack of placement rate data, and dubious communication.
How do we protect against deception?
Exercise caution with unsolicited communications, avoid suspicious links, and bolster online security.
What if deceived?
Notify financial institutions, change passwords, report the incident to authorities, and monitor credit activity.
