Worldtradesfx.com
Analysis
Worldtradesfx.com is under scrutiny for fraudulent activities in the forex market. The website, only 143 days old, lacks basic customer service contact information. The business location provided on the site is also questionable. Their social media presence is virtually non-existent, with no followers to speak of. The company’s reviews are conspicuously absent. They lure investors with promises of substantial profits. However, once you invest, your money disappears into thin air, along with the scammers.
Forex scams involve fraudulent schemes in the foreign exchange market. Scammers often promise high returns to lure investors. Once the investment is made, they 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
A forex scam is a fraudulent scheme. It aims to cheat individuals through foreign currency trading. Scammers often promise high returns and low risk. They use persuasive tactics to lure victims.
Common promises include quick wealth and financial independence. They may also use impressive jargon to appear legitimate.
They typically ask for an initial investment. Then, they manipulate victims to invest more. They may show false profit reports to convince victims of their success.
Scammers use high-pressure tactics. They urge immediate action to avoid missing out. They may also discourage victims from seeking advice.
In reality, the money is not invested in forex trading. The scammers pocket the funds. The promised returns are never realized.
Latest investigations
Investment scams
Quiverultimate.com
Quiverultimate.com has been flagged as a scam. They claim you’ll earn big returns, but once you invest, they disappear with your cash. The website was just registered, only 43 days old when this report was made. Phone numbers on the site don’t work, and no business exists at the address they give. It’s crucial to […]
Investment scams
Oxdez.org
Oxdez.org tricks people into investing money. An overseas group runs the site. They promise huge profits but often disappear with the funds. The address listed on their website is fake, making it hard to track them down. When this report was made, the website had been active for just 78 days. There’s no customer service […]
Investment scams
Capitalaps.com
Capitalaps.com has been identified as an investment scam. At the time of its detection, the website was merely 115 days old, raising immediate red flags. The site lists a false business address and lacks a customer service phone number, further indicating its fraudulent nature. It promises high returns on investments, but once money is sent, […]
Fake stores
Woolkens.com
Woolkens.com, a recently established website, has been flagged for conducting a fraudulent store scam. Despite being only 68 days old, it has already raised suspicion due to its lack of a customer service phone number. The website’s content is strikingly similar to other sites in its genre, indicating a lack of originality. Moreover, the products […]
Crypto scams
Assetvaultlimited.net
Assetvaultlimited.net faces allegations of being an underhanded crypto exchange scam. The scammers craft an illusion of profitable investments, but after you invest, they abscond with the money. The website’s age was a mere 21 days when detected. Reviews showcased on the site are counterfeit and don’t originate from actual individuals. The website lacks a customer […]
© 2022 Marketing Space LLC - All Rights Reserved