Minoinvesteope.com
Analysis
Minoinvesteope.com, a relatively new website, has been identified as a fraudulent crypto exchange platform. The site, which has only been active for 84 days, promises high returns on investments. However, once you transfer your funds, the operators vanish, taking your money with them. Interestingly, the company’s social media accounts have no followers. Furthermore, there’s no record of the company’s registration in the state it purports to operate from.
A crypto exchange scam involves a fraudulent platform that lures investors with the promise of high returns on their cryptocurrency investments. Once the investors transfer their funds, the operators of the platform disappear, effectively stealing the investors’ money.
Red Flags
Fake business name
Recently registered
Missing Information
No reviews
No social media
Scam Explainer
A crypto exchange scam is a fraudulent practice that targets cryptocurrency investors. It's often wrapped in the promise of quick, high returns. Scammers lure victims with alluring promises that are too good to be true.
Tactics used are diverse. They can range from false advertising, Ponzi schemes or even faux investment platforms. Scammers often use social media and email campaigns for promotion. They may also use fake testimonials and fabricate trading history.
One common approach is the "pump and dump" scheme. Here, artificially inflating the price of a less-known cryptocurrency is the first step. The aim is to attract investors to buy in large quantities. Once the price is high, scammers sell off their shares causing the price to plummet.
In some cases, the exchange platform itself is a scam. It appears legitimate, with a professional-looking website. However, once users deposit their cryptocurrency into the platform, it disappears. The platform is then shut down and the scammers disappear with the victims' funds.
Latest investigations
Fake stores
Shoppinkdotstyles.shop
Shoppinkdotstyles.shop faces accusations from buyers, claiming it operates a counterfeit store scam. When this complaint surfaced, the website had only been active for 32 days. The absence of a customer service phone number on the website raises eyebrows. The content on its pages seems copied from other like sites, lacking originality. The retailer sells goods […]
Fake stores
Gentsshoesshop.com
Gentsshoesshop.com tricks people with a fake store scam. Major review sites show no feedback for this company. Their products are not real and could be harmful because of the poor materials used. You won’t find them on social media. The pictures on the site don’t truly represent what they sell. There’s no customer service phone […]
Crypto scams
Etrush-investpro.com
Etrush-investpro.com, a website that’s been active for only 85 days, has been identified as a fraudulent cryptocurrency platform. The site promises massive returns on investment, but once you deposit your money, it’s taken by the fraudsters. The website is owned by an overseas company that falsely claims to be registered in a state where it […]
Investment scams
Cybercapitalfx.ltd
Cybercapitalfx.ltd is engaging in an investment scam. They deceive investors with promises of high returns, but once you invest, the scammers vanish with your money. The company has no presence on social media platforms. We discovered incomplete pages on their website, filled with generic content and temporary text. The company falsely claims collaborations on their […]
Investment scams
Bitonforexmining.live
Bitonforexmining.live runs an investment scam. They promise huge profits but disappear with your money. This scam was found when the site was just 22 days old. There’s no customer service phone number listed. They barely exist on social media. No reviews on major consumer review sites. An investment scam tricks people into putting money into […]
© 2022 Marketing Space LLC - All Rights Reserved