Gocoininvest.com, a relatively new website, is involved in a fraudulent investment scheme. The website, only 81 days old when the scam was discovered, does not provide a customer service phone number. They promise high returns on your investment, but once you send your money, it’s stolen by the fraudsters who then vanish. The company lacks a significant presence on social media platforms. Interestingly, the website operates under a business name that isn’t registered with the secretary of state.
An investment scam is a fraudulent scheme where individuals are enticed to part with their money with the promise of high returns. These scams often involve unregistered businesses and lack of customer service. The fraudsters usually disappear after receiving the money, leaving the investors with significant losses.