Explicitcrypt.com
Analysis
People have reported Explicitcrypt.com for operating a fraudulent investment scheme. The site promises attractive returns on your investments, but once you invest, the fraudsters abscond with your money. The business address provided on the website doesn’t exist in reality. When the scam was discovered, the website had only been active for 98 days. The site doesn’t provide a customer service phone number. Furthermore, the company doesn’t have any presence on social media platforms.
An investment scam is a scheme where fraudsters trick people into investing money with the promise of high returns. However, once the money is invested, the scammers disappear, leaving the investors with significant losses.
Red Flags
Fake address
Fake images
Fake promises
Recently registered
Missing Information
No phone numbers
No reviews
No social media
Scam Explainer
An investment scam is a deceptive practice. It seeks to trick individuals into placing money in fake or non-existent investment ventures. This type of fraud often comes with enticing promises. High returns and minimal risk are the common hooks used by scammers.
They employ various tactics to appear legitimate. Fancy websites, persuasive sales pitches, and fake testimonials are part of the illusion. They may also use high-pressure sales tactics. Urgency is a common tool; they want you to invest right away, without taking time to consider.
These scams can also come in the form of pyramid schemes or Ponzi schemes. These swindles require new investors to pay off the earlier ones. Eventually, the scheme collapses when there are no more new investors. This leads to substantial financial loss for those who bought in later.
Latest investigations
Fake stores
Shopteaktuning.shop
The website Shopteaktuning.shop is under suspicion for running a fraudulent operation. It’s a relatively new player in the market, with its domain name just a month old. One red flag is the lack of a customer service hotline. Also, the credibility of the content on the website is questionable, as it doesn’t correspond with similar […]
Investment scams
Airlitechain.com
Airlitechain.com runs a scam that tricks people into investing with promises of high returns. Once you invest, the scammers disappear with your money. The address listed on their site is fake. No customer service phone number is available. As of now, the website is only 59 days old. The company also lacks any presence on […]
Fake stores
Gardentoolsuk.site
Reports indicate that Gardentoolsuk.site is a fraudulent online store. It has been found to mimic content from other similar websites, suggesting a lack of originality. The products listed for sale on this platform are counterfeits, potentially posing safety hazards due to the inferior materials used in their creation. The images displayed on the site do […]
Fake stores
Alessini.com
Alessini.com has been flagged as a fake store scam. This site looks just like many others, making it hard to trust. They offer a variety of products, but these items could be dangerous because of the poor materials used to make them. You won’t find any followers for this site on social media. Also, there […]
Investment scams
Forexautomatedsystem.com
Forexautomatedsystem.com is a freshly minted domain, just 78 days old, and it’s running an investment scam. Promising high returns, they lure investors in, only to vanish with their money. The business location listed on the site is bogus, and there’s no customer service contact number available. Beware of such schemes that entice with false promises […]
© 2022 Marketing Space LLC - All Rights Reserved