3iqtrade.com

Investment scams

https://3iqtrade.com

Analysis

Our investigation reveals that 3iqtrade.com is a fraudulent investment platform. Promising substantial returns, the site’s operators allegedly disappear once they receive deposits. A closer look at the website reveals several incomplete pages filled with preset content and placeholder text, raising further suspicions. The company lacks any form of social media presence, which is unusual in today’s digital age. Phone numbers listed on the website lead to dead ends, with no one on the other side to answer. The physical address provided for the business premises also raises red flags, as it cannot be confirmed. Interestingly, we uncovered this scam when the website was barely past its three-month mark.

Investment scams are deceptive schemes where fraudsters trick individuals into placing their money into bogus investments. They often promise high returns and use a variety of tactics to lure in their victims. Once the money is deposited, the scammers typically disappear, leaving the investors with significant losses.

Red Flags

Fake address

Phone disconnected

Recently registered

Unfinished website

Missing Information

No business name

No reviews

No social media

Scam Explainer

Investment scams are fraudulent business schemes where scammers trick people into parting with their money. They promise high returns or dividends not available through traditional investments. Scammers use persuasive and manipulative tactics to entice people. They often claim their opportunity is exclusive or time-sensitive, adding pressure to invest quickly. They may use professional-looking websites and documents, and take advantage of people's lack of knowledge about investing. Some even set up fake companies to appear legitimate. Common promises include low risk, high returns and inside information. Sometimes, they may even offer initial returns to the investor to appear genuine and encourage more investment. However, the money paid by investors is not actually invested. It's often used to pay off earlier investors and fund the scammers' luxurious lifestyle. Thus, when the scam collapses, investors lose their money.