Reports suggest that Fare-trades.com is a fraudulent investment site. They lure potential investors with the promise of hefty returns on their investments. However, once the investment is made, the fraudsters abscond with the funds. Notably, the company lacks any reviews on renowned consumer review websites. The information published on the website appears copied, bearing striking resemblance to content on other similar websites. Interestingly, the website was a mere 32 days old at the time it was flagged. The images displayed on the site do not accurately portray the product being offered, further casting suspicions on its legitimacy.
Investment scams are deceptive schemes where fraudsters deceive potential investors by promising them high returns on their investments. The fraudsters then disappear after getting the funds, leaving the investors with heavy losses.