Cberrywtfx.com
Analysis
Cberrywtfx.com, a website that’s been active for 144 days, is currently under scrutiny for running an investment scam. The absence of a customer service phone number raises red flags, and the official business name remains undisclosed on the site. Moreover, the company’s lack of social media presence further fuels suspicions about its legitimacy.
An investment scam is a fraudulent scheme where individuals are enticed to part with their money with the promise of high returns. These scams often involve investments in shares, property, or commodities but can take many forms. The scammers typically have no intention of delivering on their promises, leaving the investor at a loss.
Red Flags
Recently registered
Missing Information
No business name
No phone numbers
No reviews
No social media
Scam Explainer
An investment scam is a deceptive practice. It is designed to rob individuals of their money by promising high returns on investments. Fraudsters often use persuasive language, showcase fake testimonials, and create a sense of urgency to convince people to invest.
They may also use complex jargon to confuse potential victims. Often, these scams are presented as exclusive opportunities. It's a trick to make people feel privileged to be part of it.
In some cases, scammers use a tactic known as a Ponzi scheme. They use money from new investors to pay returns to earlier investors, creating the illusion of a profitable investment. This scam collapses when there's not enough new investors to pay the old ones.
Latest investigations
Investment scams
Silverbit-trading.com
Silverbit-trading.com tricks people into thinking they’ll make lots of money by investing. Once you put your money in, the scammers disappear with it. An overseas group runs the site, and it’s only been around for 80 days. The address they give isn’t real, and there’s no phone number for customer service. This makes it hard […]
Investment scams
Bullfxfinancetrading.com
Bullfxfinancetrading.com is evidently conducting an investment fraud scheme. Despite promising hefty profits from investments, the fraudsters behind the site disappear with the invested money. The site lacks originality, bearing noticeable resemblances to several other similar websites. Images displayed on the site are also counterfeit. When this report was being written, the website was only 38 […]
Investment scams
Amrocpartners.com
Amrocpartners.com is a fraudulent investment platform. Promising high returns on initial investments, it lures individuals to deposit funds, only for the scammers to disappear with the money. The website lists a bogus physical address and lacks a customer service phone number. Additionally, the business has no presence on social media. At the time of this […]
Investment scams
Mentrotradepo.com
People have reported Mentrotradepo.com as an investment scam. They found out about it when the website was just 11 days old. There’s no customer service phone number. The site promises huge returns on your investment, but once you put your money in, the scammers disappear with it. You won’t find any social media profiles for […]
Crypto scams
Bitilux.com
Investors have flagged Bitilux.com as a platform involved in a crypto exchange scam. The website, despite its recent establishment, already has a dubious reputation, having been in existence for only 78 days at the time of the report. The operators of the site entice potential investors with the promise of large returns, only to disappear […]
© 2022 Marketing Space LLC - All Rights Reserved