Botraderz.com
Analysis
Consumers have raised concerns about Botraderz.com, alleging it to be an investment scam. The website, which promises significant returns on initial investments, is actually a facade used by fraudsters to steal deposited funds. It’s filled with numerous incomplete pages, filled with generic content and placeholder text. The partnerships displayed on the website are nothing but a sham. As of this report, the website has been active for 97 days. The business address provided on the website is also misleading.
An investment scam is a fraudulent scheme where individuals are enticed to part with their money with the promise of high returns. However, the money is not invested as promised and is often used for personal gain by the scammers. The victims are left with significant financial losses and no way to recover their funds.
Red Flags
Fake address
Fake partnerships
Recently registered
Unfinished website
Missing Information
No business name
No privacy policy
No reviews
No social media
Scam Explainer
An investment scam is a deceptive practice to trick individuals into spending money on investments that are nonexistent or extremely high risk. The scammer typically promises high returns with little to no risk involved.
These scams often operate as "Ponzi" or "pyramid" schemes. Here, the scammer uses money from new investors to pay off older investors, creating the illusion of a profitable investment.
Another common investment scam is the "pump and dump". Scammers inflate the price of a cheap stock they own by spreading false, positive news. Once the price rises, they sell their shares and the value drastically drops, leaving other investors with significant losses.
In many cases, scammers use high pressure tactics, such as limited time offers or secret insider information to rush individuals into making an investment decision. The scammer may also appear highly professional, using complex jargon or sophisticated looking documents to gain trust.
Latest investigations
Crypto scams
Growintrade.com
Growintrade.com, a recently established website, is engaging in a deceitful crypto exchange practice. The website’s domain registration is relatively fresh, being only 78 days old at the time of this investigation. Notably, the site lacks any customer service contact information, which is a significant red flag. Growintrade.com lures potential investors with promises of substantial profits. […]
Investment scams
Coinminet.com
Coinminet.com has been flagged as a fraudulent investment platform. Despite promising significant returns on your investment, the website’s operators disappear with your money as soon as you invest. It’s noteworthy that the company lacks a recognizable presence on social media platforms. Several pages on the website are still under development, filled with placeholder content and […]
Fake stores
Mqlshop.com
Mqlshop.com, a recently registered domain, is operating a fraudulent online store. The company lacks a significant social media presence, and there are no independent reviews available, only those on their own site. The phone numbers provided are non-functional, and the website’s content seems to be copied from other similar sites, suggesting content duplication. Additionally, the […]
Fake stores
Juankatelyn.com
Consumers have flagged Juankatelyn.com for operating an illegitimate online store scam. The scam surfaced when the website was merely 57 days into its operation. The site lacks a contact number for customer service, raising eyebrows. Evidence points towards the website’s activities being orchestrated from China. The authenticity of the website’s content is questionable, as it […]
Investment scams
Storiesdiscoverx.com
Storiesdiscoverx.com has been flagged as an investment scam. The website was just 24 days old when it was detected. It promises huge returns, but scammers reportedly disappear with your money. A foreign entity owns and runs the site. The content on the website is not original. There’s almost no activity on the company’s social media […]
© 2022 Marketing Space LLC - All Rights Reserved