Mcbtrustbitcoinmine.com
Analysis
Mcbtrustbitcoinmine.com, a website that’s been operational for 111 days, is reportedly involved in a cryptocurrency scam. The site promises substantial profits, but it’s been reported that the fraudsters disappear once they receive deposits. Unfortunately, there’s no customer service contact listed on the site. A number of incomplete pages, filled with default content and placeholder text, have been found on the site. Additionally, the information provided on the website is deceptive, as the business doesn’t actually exist at the specified address.
A crypto scam is a fraudulent scheme that involves the use of cryptocurrencies. These scams often promise high returns on investments and use deceptive practices to lure in victims. Once the scammers receive the victims’ deposits, they typically disappear without a trace.
Red Flags
Fake address
Recently registered
Unfinished website
Missing Information
No business name
No phone numbers
No reviews
Scam Explainer
A crypto scam is a fraudulent scheme. It manipulates unsuspecting individuals into investing in cryptocurrencies. The scammer promises high returns and minimal risk, a clear red flag.
Scammers often use social media, email, or even direct messaging to reach potential victims. They lure individuals with enticing offers. Some may even pretend to be famous personalities endorsing the scheme.
A common tactic is the "Pump and Dump." Here, scammers inflate the price of a worthless cryptocurrency. They convince others to buy, thus pumping up its value. Once the price peaks, they sell, or 'dump,' their shares. The price crashes, leaving victims with worthless digital coins.
In another type, the "Exit Scam," fraudsters create a new cryptocurrency. They collect investments during an Initial Coin Offering (ICO). After raising a substantial sum, they disappear without launching the actual cryptocurrency.
Crypto scams have become more common with the rise of digital currencies. These scams lead to significant financial losses for victims.
Latest investigations
Investment scams
Profinex.org
Profinex.org has been identified as a fraudulent investment operation. The scheme promises attractive returns on investments, but the reality is that once you part with your money, the fraudsters disappear with it. The organization’s presence on social media platforms is practically invisible, and their website contains numerous unfinished pages, still laden with default content and […]
Fake stores
Jesusnicole.com
Reports suggest that Jesusnicole.com is not a legitimate business, but a scam. The website appears to have originated from China, which raises some concerns. Content on the site is not original, but rather copied from other online sources. The images of the products they claim to sell are not authentic representations. Major consumer review platforms […]
Investment scams
Fruimarkets.com
Fruimarkets.com is an investment scam. They promise big profits from investing, but once you invest, the scammers disappear with your money. Many pages on the website are incomplete, filled with default content and placeholder text. The company has no presence on major consumer review sites. The website was registered recently and, at the time of […]
Investment scams
Primesolidpips.com
Primesolidpips.com tricks people into investing money with false promises of high returns. After you invest, they disappear with your funds. The website appeared online just over a month ago. Phone numbers listed on the site don’t work, and the business address is completely made up. A foreign company or individuals run the site. Investment scams […]
Investment scams
Mystocks-ai.com
Mystocks-ai.com, a mere 33 days old at detection, is flagged as an investment scam. They lure investors with promises of substantial returns, only to disappear with the money. The site is operated by foreign entities, and the provided phone numbers are inactive. Additionally, the business address listed is fictitious. Investment scams trick individuals into investing […]
© 2022 Marketing Space LLC - All Rights Reserved