Reports of fraudulent activity have surfaced around Newage-energy.ltd. Consumers have raised alarms, stating the company has been scamming people with false promises of high returns on investments. The unfortunate reality is that once the investment is made, the scammers vanish, leaving their victims with empty pockets.
A quick glance at their social media footprint reveals a glaring lack of activity, further raising suspicion about their credibility. Their website only adds to the growing list of red flags. Numerous pages remain unfilled, riddled with generic content and placeholder text, a clear sign of a hasty and unprofessional setup.
Adding to the growing list of concerns, the partnerships boasted about on their website appear to be nothing more than smoke and mirrors. The same can be said for the images used throughout their site, which have been determined to be fraudulent. At the time of these revelations, the website was barely two months old, having been active for only 52 days.
An investment scam is when a company or individual lures investors with the promise of high profits. They then take the investment and disappear, leaving the investors with no returns and often, without their original investment.