Mt5onlinetrading.org
Analysis
Customers have voiced complaints about Mt5onlinetrading.org, accusing it of being a fraudulent investment scheme. The website, only 138 days old at the time of the report, lacks a customer service phone number. The address listed on the site does not correspond to any known business. Moreover, the company has no visible presence on social media platforms. Reviews about the company are also conspicuously absent. The scheme promises substantial returns on investments, but once the money is invested, the fraudsters vanish with the funds.
An investment scam is a deceptive practice where fraudsters promise high returns on investments. They take the invested money and disappear, leaving the investor with significant losses.
Red Flags
Fake address
Recently registered
Missing Information
No phone numbers
No reviews
No social media
Scam Explainer
An investment scam is a fraudulent practice. It lures unsuspecting investors with promises of high returns or quick profits. These scams often use persuasive tactics to convince individuals to invest their money.
Scammers may present complex investment strategies. They will make it seem like they have insider information or a foolproof plan. The goal is to create a sense of urgency so the victim feels they must invest immediately.
In reality, the money is not invested as promised. Instead, it's used to pay off earlier investors or pocketed by the scammers. This is known as a Ponzi scheme, one of the most common types of investment scams. The scam continues until there's no more new investors or when too many existing investors demand their money back.
Latest investigations
Investment scams
Bitproffittrade.live
Bitproffittrade.live has been flagged as an investment scam. When discovered, the site was just 13 days old. It lacks a customer service phone number. The address listed for the company is fake. Promises of high returns lure you in, but once you invest, the scammers vanish with your money. Reviews for the company are non-existent. […]
Investment scams
Koinchamber.com
People have blown the whistle on Koinchamber.com, suggesting it’s operating a fraudulent investment scheme. They purport that investing with them is highly lucrative; however, once you hand over your money, the swindlers vanish without a trace. Strikingly, the company lacks a notable digital footprint on social media platforms. Whatsmore, no contact number for customer service […]
Crypto scams
Assets-trader.com
Experts identified the website Assets-trader.com as a crypto exchange scam. The website, only 20 days old when discovered, lacks a customer service contact number. Reviews on the site, falsely presented as genuine, are nothing but fabrications. While the site promises substantial returns on investments, it merely serves as a scheme for the scammers to pocket […]
Investment scams
Venturespump.com
Venturespump.com tricks people into investing by promising big returns. After you invest, the scammers vanish with your money. The images on the site don’t truly show what they’re selling. A company from another country owns the website. The partnerships they advertise online are fake. Even the business address listed on the site is made up. […]
Crypto scams
Dexusrealty-growth.com
Dexusrealty-growth.com, a recently established website, is involved in a fraudulent cryptocurrency exchange. The site, which is only 80 days old at the time of this report, promises quick financial growth. However, once you invest, the fraudsters take your money and disappear without a trace. The company claims to operate under a business name that isn’t […]
© 2022 Marketing Space LLC - All Rights Reserved