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
Firrelly.com
Firrelly.com, a relatively new website, has been identified as a fraudulent online store. This digital platform, only 91 days old at the time of reporting, is known to sell counterfeit products that could potentially be unsafe due to the inferior materials used in their production. It’s suspected that the website is managed from China, based […]
Investment scams
Myforexwealth.com
Myforexwealth.com has been identified as a fraudulent investment scheme. They promise significant growth on your investment, but once you’ve invested, the fraudsters vanish with your money. The website lists a business address that doesn’t exist. A number of pages on the site are still in the draft phase, filled with generic content and placeholders. The […]
Fake stores
Atlbrickst.shop
Atlbrickst.shop is running a fake store scam. The website is only 15 days old. You can’t find a customer service phone number on the site. They don’t have a presence on social media. The products they offer are copied and might be unsafe due to poor quality materials used in their production. A fake store […]
Investment scams
Newsinsightview.com
Newsinsightview.com operates an investment scam. Foreign individuals or a business manage the site. The business address shown is fake. They promise big returns on investments, but once you invest, they disappear with your money. The phone numbers listed don’t work. The site’s materials lack originality and copy other similar sites. Investment scams trick people into […]
Fake stores
Focousa.shop
Customers have flagged Focousa.shop as a deceptive online store. The website, which was created 32 days ago at the time of this report, appears to be involved in fraudulent activities. Notably, the website lacks a customer support phone number. The content of the site also raises suspicions, as it seems to mimic material from other […]
© 2022 Marketing Space LLC - All Rights Reserved