Globalsignaltrade.com, a recently established website, is under scrutiny for allegedly operating a forex scam. The domain name, which is merely 81 days old at the time of this report, is raising eyebrows due to its lack of customer service contact information. Furthermore, the site purports to function under a business name that lacks registration with the secretary of state. Adding to the suspicion is the website’s lack of social media followers, which is uncommon for legitimate businesses in today’s digital age.
A forex scam is a fraudulent scheme where individuals or companies deceive investors into believing they can profit from foreign currency exchange. These scams often involve promises of high returns with low risk, but in reality, the scammers take the investors’ money and disappear.