Metroworldtrade.com
Analysis
Metroworldtrade.com has been identified as a fraudulent investment platform. They lure unsuspecting investors with promises of high returns. However, after the investment is made, the fraudsters disappear with the money. This scam was uncovered when the website was merely 100 days old. Interestingly, the phone numbers listed on their website are now inoperative. The physical address provided on the site is also a sham. Furthermore, the company has no presence on any social media platforms.
Investment scams are deceptive practices where fraudsters convince individuals to invest money with promises of high returns. However, instead of investing the money as promised, the scammers abscond with it. This leaves the investors with significant financial losses.
Red Flags
Fake address
Phone disconnected
Recently registered
Missing Information
No privacy policy
No reviews
No social media
Scam Explainer
An investment scam is a deceptive practice. It lures people into investing their money with promises of high returns. These scams often involve unregistered securities. They may also be unlicensed individuals conducting the schemes.
These fraudulent plans often promise quick wealth. The perpetrators use sales tactics that can be aggressive or use pressure. They may claim that the "opportunity" is only available for a short time.
In a Ponzi or pyramid scheme, investment returns are paid with money taken from new investors. The scam falls apart when not enough new investors are found. In pump and dump schemes, fraudsters 'pump' up the price of a stock by spreading rumors. Then they 'dump' their shares at the inflated price.
These scams are designed to look and sound legitimate which makes them harder to spot. Remember, if an investment seems too good to be true, it probably is.
Latest investigations
Investment scams
Tradingevidence.com
A new website called Tradingevidence.com is tricking people with an investment scam. They promise big profits, but once you deposit money, the scammers disappear. When it was discovered, the site was just 104 days old. There’s no phone number for customer service, and the address they list isn’t real. Plus, you can’t find any reviews […]
Fake stores
Lightingcollective.shop
Lightingcollective.shop is operating an illegitimate online store. The fraudulent activity was uncovered when the site was merely 94 days into its operation. A glaring red flag is the absence of a customer service contact number on the website. The products advertised on this platform are not genuine, and their substandard quality could potentially be hazardous. […]
Investment scams
Minersprotrader.com
A new website, Minersprotrader.com, tricks people into fake investments. This site appeared just 40 days ago. Phone numbers listed don’t work. The company lacks presence on social media. Promises of huge profits lure victims, but reports say scammers disappear with the money. Major review platforms show no feedback about them. Be cautious. Investment scams deceive […]
Investment scams
Minetrotrade.com
Minetrotrade.com, a new website, is running an investment scam. The site was just 10 days old when discovered. They promise big returns if you invest, but once you do, they disappear with your money. There’s no phone number for customer service on the site. Their social media presence is almost zero. Investment scams trick people […]
Investment scams
Trustgrowthexpert.com
Trustgrowthexpert.com runs an investment scam. It was caught just 20 days after launching. They promise quick money growth, but once you invest, they take your cash and disappear. Their social media presence is almost zero. The site is run by people from overseas. Investment scams trick people into putting money into fake opportunities. Scammers then […]
© 2022 Marketing Space LLC - All Rights Reserved